A client of another practitioner (honest) has it in his head that the UK economy could collapse if we have a change of government at the next election.
He has substantial investments and does not wish to sacrifice a10-20% reduction in his assets (as occurred in Greece) if the you know what hits the you know what.
Therefore, he is seeking a country to transfer the bulk of his assets to that do not have a reporting arrangement with the UK.
1. Is there such a country that has no reporting arrangement that would not be too risky.
2. If so, would such a transfer now be legal?