Originally Posted by Why (Post 11212900)

oh the ignorance of this thread.

1. you must spend 6+ months in monaco to 'live' there. and yes they do check on people they suspect of only using them as a tx haven, including knocking on your door.(so its rumored at least)
2. there are much better places then CH(switzerland) and monaco. if you dont know any, keep hunting.
3. call a swiss bank and ask thier requirements. i recommend UBS or CreditSuisse. their numbers are on thier websites and the person who answers will speak english. they have been heavily leaned on in recent years for allowing so many outsiders to hide money thier. its getting more difficult.
4. all USD funds transfers worldwide are to be reported to the US Fed. its thier money, they like to keep track of it. so try to use another currency whenever possible.
5. almost all countries recieving foreign aide from the US, trade bank records in one form or another, you think we give them money for free? no.

Originally Posted by polish_aristocrat (Post 11248533)

BTW about 3 years ago I read some book on offshore banking and they said that Austria has stonger secrecy laws than Switzerland nowadays....

I wonder if that's still true today...