azerbaijan

[michael reader]

is azerbaijan a stable and secure offshore jurisdiction? how can i know when a jurisdiction is stable and secure? would any jurisdiction be good enough? what about estonia and latvia? are these jurisdictions good enough like cayman islands, seychelles, maldives? does anyone know about the first three and if theyre good or not? can someone make any suggestions how i should go about picking a banking jurisdiction? anyone?

 

[JohnLocke]

It depends vey much on what it is you try to do! You can't compare these countries which each other just like that.

What is it you are alooking for?

 

[michael reader]

a place to deposit A LOT OF MONEY. would you need more details?

It depends vey much on what it is you try to do! You can't compare these countries which each other just like that.

What is it you are alooking for?

 

[diablo]

What is a lot of money in your terms?

 

[Martin Everson]

Azerbaijan is a Iranian laundromat. Azerbaijan has infiltrated and bribed the Swiss and continue to bribe governments around the world while practicing banana republic industrial scale money laundering. Expect Azerbaijan to be shut out of the banking system if they don't clean up soon.

Latvia is banana republic also it is well documented. Azerbaijan and Latvia are actually connected together by money laundering Latvia's non-resident banking sector summarized

Estonia is ok and I say that loosely. It is best of the 3.

 

[globalconsultancy]

Azerbaijan voluntarily signed up to AEOI information exchange and will start implementing CRS later this year. What's strange is that no-one even asked them to do that - they volunteered.

It's an okay banking jurisdiction, but if your goal is to hide your money from the tax authorities in a CRS compliant country, don't.

See https://www.oecd.org/tax/transparency/AEOI-commitments.pdf