Category: Tax Havens
-
Show Us Your Money
The USA PATRIOT Act lets the feds spy on your finances. But does it help catch terrorists? “This is really a bill which, if enacted into law, will be [a longer] step in the direction of stopping terrorism than any other we have had before this Congress in a long time,” one of the bill’s…
-
The Nevis LLC, and how they relate to International Asset Protection
While domestic LLCs offer a margin of asset protection, they are still under the jurisdiction of the U.S. court system. As such, almost any United States court – in any jurisdiction – can pierce the corporate veil to examine book, seize funds and/or assets in the event of unfavourable court rulings against the corporation. In…
-
Panama, a Rising Star in Offshore Asset Protection
In recent years there has been a noticeable increase in smaller countries competing for a larger slice of the growing offshore financial market. While many smaller countries were once under large countries foreign empirical control, they are now independent and free to plot a self-directed course by which they can grow and prosper. Many of…
-
Swiss Asset Protection for Global Investors
Financial success may make any investor a potential magnet for litigation. Wealth has never been as vulnerable as it is today. Indeed, loss of assets through lawsuits and legal awards as well as government action is spreading all over the world. To deal with these unprecedented threats to your wealth, The Sovereign Society, in conjunction…
-
Operating an Offshore APT
In theory, if maximum asset protection is your stated goal, nearly all moveable and liquid assets should be transferred physically to fund the offshore APT as soon as it is created. That includes cash and evidence of intangible assets such as stocks, bonds and other securities. These should be placed in the custody of the…
-
Second Passports: Important Considerations
Legality The single most important consideration when evaluating the usefulness of an alternative citizenship is that it be legal in every respect. That fact may seem obvious, but the proliferation of fly-by-night passport fraud operations requires not only this reminder, but strict adherence to it when making second passport plans and decisions. If you are…
-
Creating an APT
Unfortunately, there are a limited number of qualified US and UK experts in the field of asset protection law, so proceed with great caution before choosing your personal advisor for such an important project as creating an APT. This is an area of financial activity where cutting corners can be very costly. Knowledgeable APT attorneys…
-
About personal tax avoidance
By Bill Cara – All the economic powers of the world are high rate income tax jurisdictions. Without lots of your money they wouldn’t have as much power. The United States is the only major country in the world that taxes its citizens globally, wherever they reside, in or out of the USA. Unlike citizens…
-
What a Trust Can Do
A trust may be created for any purpose that is not illegal or void as against public policy. A trust can hold title to and invest in real estate, cash, stocks, bonds, negotiable instruments and personal property. Trusts can provide care for minor children or the elderly; or pay medical, educational or other expenses. A…