This has been an overwhelming problem across countries in EU. People really want to avoid the European savings tax directive. However, most people do not really know how to do it. Here are several methods we can use to do it. It is already practiced and proven by several people to be working and safe enough.
1. Send Away Cash
Particularly, this policy is to be obeyed by all people in EU on countries included in it. This allows you to try the possibility of sending away the money into other countries other than EU members. Right now, most of flowing cash is going to Hongkong and Singapore. You can follow this lead and send away your money for good. This is safe enough to do and you can do it for a long period.
2. Non EU inhabitant
As mentioned before, the policy is on all people in EU. It means that even though you have transaction in EU, you do not necessarily have to pay the tax if you are not an inhabitant. By then, you have the chance to invest your money on several possibilities without any fear of the tax. Many people do this and they actually enjoy this more because of the performing investment.
This tax is due to personal and cooperate account. This can be sound like the end of everything. However, we can use offshore and onshore enterprise to hold our money. Literally, we will have a foundation to hold our bank account. By then, tax cannot due to the account. Several people find it safer and more effective than the other methods. It is worth for you to try, and this is completely safe and legal.
This tax is only applied on particular thing that is interest payment. It means we only need to make it available on different term. Capital gains or shares dividend will not have any obligation to tax payment. You can invest on overseas equities, and offshore insurance firm. Choose carefully how you will invest the money. You still need concern on safety. Invest only on performing and recommended equities and insurance firm.
Now, you have choices in avoiding the tax directive. We can earn more money and get more profit from the investment. Those methods require bravery and also careful planning so you do not break the law. Find out more possibilities in your bank, and make the plan first. Good luck!