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What countries still have relatively good banking privacy?

#45
cionide said:
All it would take to get to your valuables is a €2 drill bit. Also LLB requires you have an account for it.
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Not sure if they let you enter with the drill bit daytime though ;-)
Account is E200 deposit for residents of the semi-German speaking countries.
And that's really easy done, even on a tourist visa you can register with the city.
 
#46
LI is not suitable for mid 6 figures.

Maybe spread things out across different countries outside of the EU. For example, the Barclays International account in the UK can be opened with a deposit of £100,000: International Bank Account | Barclays International Bank.

You can also open another account in the US, and maybe a couple others in SEA countries.

The rest in gold and crypto.

And leave a little bit to take your ex-wife shopping. It will make your life far less stressful.
 
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#47
scooterguy said:
LI is not suitable for mid 6 figures.
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Why do you say this? :rolleyes:
I'm trying to understand if you mean we need to open the account with more or less. It's not clear to me.
scooterguy said:
Maybe spread things out across different countries outside of the EU. For example, the Barclays International account in the UK can be opened with a deposit of £100,000: International Bank Account | Barclays International Bank.
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Great point! I like the £250K option, but I don't care for a relationship manager. What do they do for us that we can't do ourselves?

scooterguy said:
You can also open another account in the US
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Any recommendations? State and banks?
scooterguy said:
a couple others in SEA countries.
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For example? Any recommendations? Country and banks?

Thank you!
 
#51
scooterguy said:
LI is not suitable for mid 6 figures.

Maybe spread things out across different countries outside of the EU. For example, the Barclays International account in the UK can be opened with a deposit of £100,000: International Bank Account | Barclays International Bank.

You can also open another account in the US, and maybe a couple others in SEA countries.

The rest in gold and crypto.

And leave a little bit to take your ex-wife shopping. It will make your life far less stressful.
Click to expand...

jafo said:
Why do you say this? :rolleyes:
I'm trying to understand if you mean we need to open the account with more or less. It's not clear to me.

Great point! I like the £250K option, but I don't care for a relationship manager. What do they do for us that we can't do ourselves?


Any recommendations? State and banks?

For example? Any recommendations? Country and banks?

Thank you!
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jafo said:
For example, where?
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nobel said:
Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C: LU0290358497 (Accumulating)
Xtrackers II EUR Overnight Rate Swap UCITS ETF 1D: LU0335044896 (Distributing)

I have the first one.
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@scooterguy but mainly @jafo & @nobel: The original question was about countries that still have relatively good banking privacy. So not much about economic aspects and definitely not about 0% or 3,5% interest. Feel free to open a new thread for this (it is an interesting topic; I can move your posts there afterwards) but do not hijack this one. Thanks!
 
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#52
Forester said:
@scooterguy but mainly @jafo & @nobel: The original question was about countries that still have relatively good banking privacy. So not much about economic aspects and definitely not about 0% or 3,5% interest. Feel free to open a new thread for this (it is an interesting topic; I can move your posts there afterwards) but do not hijack this one. Thanks!
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smi(&% Sorry for my schizophrenia - I saw an opportunity to gain some market esoteric knowledge, and I took the shot! ;)

PS. To be perfectly honest, I didn't even remember the original question until you mentioned it, and I scrolled back up to look. smi(&%
I can't even recall what I had for breakfast yesterday! I'll pay closer attention next time. I apologize for my oversight! ange¤%&
 
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#53
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#57
cryptofriendly said:
Just a resident? Nothing easier than that, rent a place for a month in one of these countries and register with the city.

No need to wait till you own millions to open an account :)
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nobel said:
What is NGL? Where did you open an account?
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JackAlabama said:
did they bug you for some extended kyc madness regarding source of funds etc?
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:) :) :) NGL usually serves as an acronym for Not Gonna Lie ;)

So I guess @jafo has just opened an account with wiLLBe (he possesses a suitable residency, AFAIK) :) Correct, @jafo?
 
#58
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#60
JohnLocke said:
That limits the option a lot for many people.
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True. They are probably following Switzerland in this regard. Some Swiss banks also easily open accounts for residents of neighbouring countries.
 
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