after a post i created in the public group,i thought its a good idea to ask here in the mentor group ways to securely use my offshore bank account in Europe:
long story short,
i am a EU citizen,in my country of origin i belong to the tax department of non residents(so no tax presence there i dont have to fill a tax return),now i live in another European country that i am a tax resident.
i want to create a bank account in Serbia that is still non CRS and receive there an amount of around 5-6 k every month(at the moment i am using TW)
my question is how can i use the master card that i will receive from the Serbian bank in the country that i am currently tax resident?
can i withdraw cash from ATM in the country i reside(tax residency) or ATM withdraws are tracked?
can i use the card for online payments?(avoid shops in the country of tax residency and choose 3rd European country e shop?
what do you suggest? how other members of this group use their personal offshore account in europe and especially in the country of residence?
thank you for your message,that way i am very limited infact as based on your comments its useless to have a offshore account for personal use if you are based in Europe :( i was thinking something like Serbia or Montenegro account(i have made already my research) so based on your comments its safer to use TW or advcash?Can you please send me the links of the posts that people were tracked withdrawing money from an ATM in euro from an offshore account?the country that i am tax resident is Belgium,does anyone from here has similar setup?the amounts arent that huge,around 5-6 k per month
