Not at the moment, I got rid of a nauticat a while back, I'm having a rest at the moment, I was just curious.jpinks wrote:Well - it appears that everyone thinks I do sale(s) But I prefer sailing -yes - why - want to buy a boat?stantheman wrote:Nothing to do with the current discussion but what do you sail?
Black money safe haven
- jpinks
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Only if you can find enough peope willing to front the accounts for you. They would all have to be in different names.jazper wrote:Back to the original question.
Can you not open multiple bank accounts with a couple of thousand in each, and then gradually move it all to one location?
Slainte,
JohnP.
JohnP.
- spanish_lad
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It is my understanding that the bank is interested in large cash deposits if they do not know their origin.Back to the original question.
Since everyone else is in on the "part payment in cash" scam (and I understand the system is similar in France) surely the bank knows where it came from and would be complicit in accepting it - just as the Notario coughs and leaves the room for a smoke.
Best regards,
Dave
According to 2004 (413 detentions) report seems like they already have..2005 so far 593 detentions.they will become a little stricter.
A little more it seems..."white whale"53 various nationalities 36.000.000€ cash and 250 properties...."sugar" 13 Brits 150.000€ cash, arms, cars, jewels...nothing when you consider "Nile" with 300 Nigerian 100.000.000€ "bee" the 28 Russians and 800 bank accounts blocked..12000 euros
UK national tend to specialize in Costa del sol...whitening of money, fraud, car, cocaine and hash traffic.
No muerdes la mano que te da de comer.
- jpinks
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Anyone who is stupid enough to allow the notario to actually see what you're doing deserves what they get. The "normal" way of doing the cash part is for the buyer and seller to meet just before the notario appointment, count the money and seal it in an envelope (both signatures under a strip of sellotape is effective). Then at the appropriate moment in the notarios office, the envelope is handed over with some comment about the fact that it contains the other information the buyer was looking for. The notario should never actually see the cash or what is going on - that would be rude of the buyer and seller because it puts the notario in an awkward position legally.fullmonty wrote:It is my understanding that the bank is interested in large cash deposits if they do not know their origin.
Since everyone else is in on the "part payment in cash" scam (and I understand the system is similar in France) surely the bank knows where it came from and would be complicit in accepting it - just as the Notario coughs and leaves the room for a smoke.
Slainte,
JohnP.
JohnP.
Of course the notarios should not see any cash change hands. But at the same time notarios must be aware of what is going on in the spare room often provided for the purpose anyway.
And of course the Ayuntamiento has no idea that houses sell for more than they are declared for despite the profileration of estate agent´s windows where this is clearly advertised.
Has anyone experience of a bank manager - who after all gives out the "black money" - being complicit in accepting it too?
And since virtually "everyone" does do it, then it seems to me there just has to be a way around this.
Dave
And of course the Ayuntamiento has no idea that houses sell for more than they are declared for despite the profileration of estate agent´s windows where this is clearly advertised.
Has anyone experience of a bank manager - who after all gives out the "black money" - being complicit in accepting it too?
And since virtually "everyone" does do it, then it seems to me there just has to be a way around this.
Dave
- jpinks
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Being aware is one thing - but they can deny actual knowledge of it if you are suitably prepared and do it other than in front of him/her.fullmonty wrote:Of course the notarios should not see any cash change hands. But at the same time notarios must be aware of what is going on in the spare room often provided for the purpose anyway.
If the bank is handing out a large amount of cash - there is nothing to tell them what it's for, so they can deny any knowledge of what's going on. As for accepting it - well that is where this topic started, isn't it? The answer is that the bank manager will probably say nothing, unless he is legally obliged to report it (I'm not sure if he is in Spain), but the tax authorities will almost certainly catch on to such a large transaction.fullmonty wrote: Has anyone experience of a bank manager - who after all gives out the "black money" - being complicit in accepting it too?
And since virtually "everyone" does do it, then it seems to me there just has to be a way around this.
Slainte,
JohnP.
JohnP.
My point is, as I have made clear before that it IS POSSIBLE to make a large profit, but it is far from usual, check out the number of homes in Andalucia currently for sale, nobody is making a killing.spanish_lad wrote:we bought for 45,000 € and sold for 176,000€ ... your point is?;)stantheman wrote: and no one I know of has ever made that much profit, sorry but your story doesn't hold water!
I would be interested to know when you bought and when you sold and how much work and capital you invested in order to make this vast profit??
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