Throughout history, those with substantial assets have often been faced with outside forces intent on the erosion of those assets. Often, these attacks have come from within one’s home country. Unfortunately, the lessons of the past are often not taken into account when planning for the realities of the future.
Because of unforeseen risks, many individuals insure their homes, automobiles, personal possessions, and through life insurance, protect their families. Fortunately, there are ways to ensure that your hard-earned wealth can be protected offshore.
Investing from an offshore base will allow you to take advantage of the three major advantages: tax minimization, asset protection, and estate planning. By taking advantage of the benefits provided to international investors, you can structure your affairs to help ensure privacy, minimize taxes, avoid probate and inheritance taxes, and protect important assets from lawsuits and creditors.
Under the new regulatory government exchange of financial information agreements there is only one type of existing foreign financial account entity outside the Peoples Republic of China that is tax compliant and registered as being exempt from reporting.
Our recommended Hong Kong ORSO402(b) is the only recognized foreign financial account. This investment account is Hong Kong government regulated, registered and recognized secret, private and free from tax by the Peoples Republic of China:
- keep your work and family money private and secure.
- this is a statutory legal plan that is registered in Hong Kong Law that is recognized by the Peoples Republic of China.
- this holds your work and family money privately and safely for you and your family in amounts without upper limits.
- Securities Law Free, Tax Law Free, Exchange Control Law Free and Legal Privacy & Security by Hong Kong Law and PRC Tax Treaty.
Hiding assets the old way and pretending someone else called ”Aunty”, a business, trust or nominee account owns them puts you at criminal risk needlessly.
This W-8BEN-E box 29(e) registration signifies it is AEOI tax rules compliant and exempt; non-reporting Foreign Financial Institution excluded account. That all means there is no U.S. Person blockage to overseas investing in a tax free environment.
This is a U.S. Treasury, Internal Revenue Service and FATCA valid path which has been created for you to open an offshore account which has unlimited rights to global investment choice. Your U.S. Trustee maintains your IRS reporting and U.S. Tax compliance.
[box]The world’s top asset managers gravitate to a tax-free operational environment.[/box]
Want to make the upgrade? Reach out to us here to obtain a copy of the trustee guide to exporting your IRA and 401(k) Investments which has been prepared by US legal specialists of Asset Protection in cooperation with the U.S. IRA Trustee.
Photo credit: mhobl via VisualHunt.com / CC BY-NC-ND
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