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Offshore Incorporation & Banking Datasheet
#31

Offshore Incorporation & Banking Datasheet

Republic of Georgia I was able to open accounts at two banks (TBC and BoG) with just my passport and $100. Both asked me for a "Tax ID" (mistaking my nationality for American) and I told them my country doesn't have such and they accepted it.

I remembering encountering the same thing in other countries too. Because of pressure from US IRS they think other western nationalities have tough rules too but your typical bank teller / account manager can't memorize the rules of 60 or so countries in her head.


Unless WW3 starts (and Russia is behind it) I'm largely inclined to think Georgia will exist for awhile and it seems to have good economic growth every year.

I'm also guessing because Georgia is obscure I could technically deposit all sorts of income into bank accounts there and whatever country I happen to be living in wouldn't have a clue (I doubt Rep. of Georgia does information transfers with random countries in Asia and Africa).

I know Andrew Henderson liked Georgia enough to renounce his U.S. citizenship and to live there for the majority of the year.
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