Golden Rules To Offshore Banking

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Rule: You do not trust anyone else with your money unless you can also trust them with your life. Even in the U.S. Trusting days are OVER! For example, unless you have family in Panama that you trust, then you don't know anyone you can trust in Panama. Panama is a synonym for anyplace. You cannot trust banks or lawyers. Period. There are no exceptions.

Checking for a safe haven for all that cash? Although few have that cash surplus personal problem, a brief window on Swiss banks may be of benefit. All Swiss banks are regulated by the Federal Banking System, (FBS) and Switzerland has one of the world's strongest economies. Due to strict government regulation, over one third of instructional systems all over the world were said to be in Swiss banks. The confidentiality of Swiss banks is legendary and 5.6% of the Swiss working class is in the banking industry.

Take for instance, the great train robber who fled to Rio de Janeiro and lived life like a rock star because of the no-extradition laws. There are loads of business people using offshore banks as tax havens that never pay a dime in income tax. Do they step in front of a camera and flash their face? Another example would be my hero, Richard Nixon, who denied his ill-begotten gains and took his verdict like a real man.

Today we still have bank notes - but they are mostly issued by the state (not by private banks), and they have no redeemable value other than in exchange for another, similar, bank note. The link between gold and bank notes was broken with the abolition of the gold standard. The USA abolished it in 1933 and Great Britain abolished it in 1931. The paper money we have today is a ghost of its former self. If you walk into a bank now and ask to exchange it for something other than another note, I'm sure you'll get a very strange look!

Then I was up and running. To this day, I assist the Lands Department in clearing up title work and work with others to help with offshore banking, financing, incorporations. I help just about anyone who walks through the office door with a legitimate issue.

Fourth, once you know what you're looking for, find the right environment for you. The good news is that most of the goals above can be had with just about any offshore account. Just having a portion of your assets out of your home country gives you more freedom. If the government here goes Argentina on you and imposes capital controls, you'll have a nest egg you can access somewhere else. Any good offshore bank will give you a debit card to access your cash, as well.

offshore accounts, tax return, separate account

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