Using Offshore Havens for Privacy and Profits

by Adam Starchild

Book Overview

In the U.S. our lives have become transparent to nosy, greedy government agencies. That's why there is a growing flight of U.S. capital abroad to safer, more inflationproof, investment-friendly... This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 087364767X
• ISBN13: 9780873647670
• Release Date: May 1994
• Publisher: Paladin Press
• Length: 153 Pages
• Weight: 0.50 lbs.

Customer Reviews

Investing Offshore

Before going into the many reasons for offshore investing, let us quickly define the term "offshore". To put it simply, offshore means outside of the jurisdiction of one's country and so the term "offshore" should be considered to be almost synonymous with foreign. In other words, offshore investing is investing outside of one's country. Traditionally, offshore investing has been considered to be an activity of the very wealthy but due to improvements in technology and the highly visible trend towards "globalization", that scenario is no longer valid. How noticeable is the trend in offshore investing? Well, it is now a billion dollar industry that has forced most all major financial institutions to place offices all across the globe to better service the investor's ever increasing demand to be able to take advantage of the financial opportunities now available worldwide.Formerly stagnant economic systems of the excommunist bloc, countries like Russia or Poland, and the developing nations of regions like Latin America are all embracing the free-market capitalistic system and are opening their doors to global investors. Access to capital is critical for such economies to grow and develop. This is not a short-term fad but rather a long-term economic need and a growth opportunity for the astute investor. Clearly, if your portfolio is not invested in foreign markets, you may well be missing out on significant investment opportunities from around the world. Furthermore, if you look overseas for investment opportunities, you can invariably discover that you have a vastly greater basket of funds, markets and interest earning, tax-deferred possibilities than those on offer to the domestic investor. The choice is clear. Step up to the plate and stake your fair share of the potential gains.

Take advantage of the hottest financial trend today!

An offshore haven is simply a country other than your own. To an American, it's anywhere you bank outside of the U.S. Why invest in offshore havens? Because when you invest outside your own country, you are no longer tied to its restrictive financial laws, and can protect your assets, save taxes and build your wealth easier. Most of us have been hoodwinked into thinking that offshore havens are illegal, too risky, or otherwise unworthy of consideration. Don't believe it. Financial expert Adam Starchild will dispel myths and misconceptions about offshore banking and reveal how you can: Achieve total secrecy and and financial privacy Transfer your money offshore, and keep it safe from lawsuits, creditors, the IRS, etc. Use offshore havens to legally avoid, defer or minimize taxes Invest globally and build your wealth Pick the offshore haven that best meets your objectives Choose the right offshore bank and maintain an account -- easily and safely Do business offshore -- and reap extraordinary benefits And more!

The Worldwide Assault on Wealth

Today your wealth and ability to do with it as you please are in great danger. Not only is there a proliferation of thieves and parasites armed with sophisticated electronic weapons that can steal our money, but the government itself -- the very institution we should rely on to guard our rights -- is after our wealth more persistently and maliciously than any thief in the world. All over the world, governments are becoming more and more predatory. They reach for more and more power, and they squeeze more and more money out of their citizens... by any means they can. There is almost nowhere on earth your money is safe anymore. Powers to confiscate money, under the guise of "drug laws," are growing in Australia, Canada, Hong Kong, and many other countries around the world. Historically, appropriation of wealth has taken many forms -- and it's gone on for centuries. For instance, in East Germany alone, 9,870 industrial and commercial enterprises and about one-third of the entire land area capable of agricultural or forestry use were confiscated between 1945 and 1949. The same thing has gone on throughout South America, Africa, Asia, and Europe. Do you do business in the U.S.? You should know that new banking regulations make it a federal crime not to report certain transactions -- of as little as $3,000. There is no requirement that the money be involved in any criminal activity -- it is a crime to simply not report the transaction. The penalty? Liability for a five-year prison sentence and a $250,000 fine. And -- the law allows the federal government to confiscate any funds they allege to be involved. Plus, bank tellers can collect huge rewards -- up to $150,000 -- for turning you in, if you are subsequently convicted of a criminal act, and subject to a civil fine or forfeiture of money or property. Governments all over the world are trying to figure out how to crack down on the Internet and on-line communications. They're deathly afraid they'll lose their ability to tax, seize, and control their citizens' money. The recent Bre-X scandal is a perfect example of how you can be cleverly robbed from anywhere in the world. Bre-X was one of the hot mining companies listed in Canada, but the investors who were fleeced were from all over the world. In a nutshell, fake drilling reports ran the stock of Bre-X from pennies all the way to $22.50, after a 10-1 split. When it turned out the reports were fake, some $4 billion in wealth disappeared almost overnight as the stock plunged. As you can see, these threats are global. Governments don't protect you -- they're just part of the problem. And other threats cross borders and continents in the blink of an eye. It doesn't matter whether you're wealthy or average, an individual or a company, or where you are in the world -- the assaults on wealth, from government and crooks, is growing, and you are at risk. Adam Starchild believes that your wealth sh

Offshore Havens Introduced

Introduces readers to, and answers the important questions about, the intriguing world of offshore havens. Included is a country-by-country guide to which havens are the best and which havens should be avoided. Discover the world of international investments and how to protect assets and save taxes abroad.

Great financial talent

As I said in my own book, The Offshore Update, published by Eden Press: Of all the financial experts who have demonstrated literary talent, Adam Starchild is perhaps the least appreciated. This is unfortunate because Starchild is not only a lucid writer -- he is also a credible and conscientious reporter working in an area that until recently has belonged in the same chapter of financial literature with Fort Knox, Howard Hughes, and the Gnomes of Switzerland