So you wanna bank offshore?
Ok, the good news is that it can be done.
You can move money overseas, you can open bank accounts without being their personally and you can save a bunch of tax from disappearing into the black holes that are most 1st world government tax nets.
But, you are going to need that little something - knowledge.
And for that, you have come to the right place.
What you need to know.
As these troubled times continue, its getting more important not to have all your eggs in one basket.The inability to fight terrorism and the endless information of the internet are putting the Government's of 1st world under
increasing stress to try and regain the control of their people.
There is increasing distrust of their ability to lead and indeed, much increased abivalence about their significance in a world that is rapidly decentralising in who has power and who has the means to gain power.
The pace of change is rapid - in only ten years the rise of the internet has redefined how most 1st world people live and its going to keep on changing quickly.
It is doubtful that the archaic power structures invented long ago can handle the demands of their highly educated, knowledge rich citizens.
And while change must happen, it is unlikely that the power brokers of old will give up their old desire to control and manuipulate easily.
You need Stashes in Other Countries
Thus having multiple stockpiles of available cash is a sound strategy as a preventative measure in case of major disruptions in the stability of some nations.Unfortunately these disruptions are likely to come on very suddenly - as they pass a "tipping point" the wave will come down fast and if you haven't previously prepared then it is unlikely that you will have time to do so.
Now you can take it one step further - if its really bad, then money may revert to its true face value - a bunch of images printed on paper or plastic and then the true value of things may become much more important : water, food, shelter etc. It is a small possibility but one you should consider planning for.
But, more likely, if say a major stockmarket crash happened on Wall St as all the baby boomers panicked about their retirement funds then people in the US might make a run on the US dollar.
It would be nice to know that if you are elsewhere, then your Aussie / Singapore / Euro / Pounds are still going to be coming out of the wall to help you pay for your lifestyle necessities.
Of course, in the meantime, the US is all rather paronoid that everyone is out to get them and is making it rather hard to do anything remotely outside the ordinary - putting your money into a Syrian bank may not be the best thing to do unless you like men in suits and dark glasses visiting you in the middle of the night!
The Report.
Sign up now to get your free offshore banking report.
David from Sovereign Life has actually been living the life for some time and he has kindly put together an essential resource to get you going on investigating opening your first offshore bank account - with HSBC, Lloyds, Barclays or another entity entirely.To get this free report you need to put in your first name and primary email address into the box and through the magic of the internet, you will have access to this important document immediately.
Where to next?
We are already seeing the difficulty of tracking the tax on money moving by wire, through gold, through e-merchants and via paypal.
It is also why a lot of rich people have been leaving the States for better tax deals in tax havens - Singapore, Hong Kong, Switzerland, Ireland, even Nevada if you have a decent accountant!
So be sure to take the first step and start educating yourself about why you should have money in overseas bank accounts and then how to open and put your money safely in them.
It may not come, but if disaster strikes - you'll be so glad you did.
Books you might want to consider...
knowledge is power is freedom.
A little lite viewing...
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ank wrote...
Hi RTS_Addict , Great lens. I also created my lens on how to do tax free business. To View the lens click here recently. 5 stars to yours.







