@rmeeuwsen 242428 wrote:
If you are from the USA you need to report foreign bank accounts on your tax return.
Anyway – Thirty years ago I opened a Swiss bank account with $200 just for fun! I got a book from the library and mailed (email did not exist then) a few letters for forms. After about 5 years I closed the account because the facination was over.
Today, you even need documents to open an account in your own city.
I’m from Europe and since my country taxes the gaming income with 25% I would like to open an offshore bank account (and maybe an offshore company) to avoid such high taxes.