5412, I am floored as I did not think you could take your money out of the country today. Maybe I am mistaken and it is only a limited amount you can take out.
I am intrigued by your posts. I know nothing about gold and considered buying some gold coins.
Hi,
Send me something with your email address and I will send you a website. In the meantime, here is a portion of a newsletter I received today on the subject.....
regards,
5412
Here is part of the article:
One Fraud to Rule Them All:
The Hidden Truth About The "War" on Offshore Banking
And What's Out There Waiting for YOU
Dear A-Letter Reader,
What's that?!
Can you hear it? A dull roar.a vibration.
Oh my, if we can feel it from here.if the media says it's true.if they're talking about it, then it must be true.
The Earth has split wide open - as we've been told - and consumed the veil of bank secrecy that added so much romance and exotic allure to the world's offshore havens.
That's it. Fini.
A celebrated, centuries-long tradition.smashed by leaders of some of the world's most powerful countries.
A mighty battle indeed. The kind of thing that calls for trumpets.
But then again.you don't believe everything you hear, do you? What if this latest "war on offshore fraud" was a fraud in and of itself?
Didn't You Notice Something Strange About the Latest Round of Anti-Offshore Battles?
It was all ivory towers and mighty rhetoric.unproven allegations that offshore havens from Switzerland to Western Samoa cost our government some US$100 Billion in tax revenues.
I shudder to think what our government would do with that extra US$100 Billion.
And I've also got to acknowledge the fact that the tax code has become frighteningly complex.and its enforcement can sometimes seem a little predatory. Joe Louis wasn't a myth. He was a real man.and an incredible hero, who worked long into his retirement to pay off the IRS.
But tax evasion and fraud are both criminal activities here in the U.S.and you've got to play by the rules. There's no sense in going to jail over something like taxes.
But is that really what this is about?
A witch hunt for thousands of American tax-cheats? If so, then we should at least get out the torches and have some fun here. Never waste a good mob.
I might also suggest they could just have the President make a few more appointments. They're bound to scare up a few that way.
But seriously folks, there are some very real implications to the latest round of "tax haven hostilities" that call for your attention.
Namely that the world's 'big governments' - ours employs 1/6th of America's work force by one measure, and plans on collecting hundreds of billions in taxes - are actually waging 'war' on institutions that have a history of "don't ask don't tell" when it comes to tax reporting.
In that sense, you can't rule out a kind of 'protectionism' at work here.
From the outlook for the G-20 summit to China's concerns about treasuries, a wave of protectionism is becoming a disturbing trend .much like the one that hampered recovery from the deep deflation of the 1930's. Nothing as obvious and blatant as Hawley-Smoot, but relations are cooling nonetheless.
Additionally, you should pay attention to the heated rhetoric being slung back and.
well.not forth.
No.it's just the OECD countries that are making great drama out of the offshore battle. The Swiss have made some minimal reactions.but in the Swiss tradition, those reactions are practical, realistic and relatively polite.
So why were the world's governments chasing an "imaginary foe".one based on estimates and predictions, rather than cold hard facts?
They Were Doing What "Big Government" Does Best.
From a practical perspective, they haven't achieved much of anything.
As our Publisher Erika Nolan is always quick to point out, "American citizens are taxed on global income. So there's no way that your personal income can escape the reach of the IRS. The world's offshore havens have basically signed pieces of paper saying that they'll be more eager to reply in cases of both tax evasion and fraud."
But the hype is what matters here. And they laid it on thick.
With a target like the grand image of offshore banking - an image that spurs thoughts of all the romance.the exotic intrigue and the subtlety of a blockbuster thriller movie - it was almost necessary.
From the firebrand Senator Levin down the vice President's informal declaration that paying taxes is "patriotic," this thing has been a show-stopper.
But there's a problem.
All the legal benefits of offshore banking; the little-known secrets, and the cutting-edge Asset Protection that could give you immense peace of mind in these crazy times .they're are all still in place.
So why all the fanfare?
Because most Americans don't know about the real benefits of offshore banking.so their impression from the media's fervent reporting might be no less than the end of offshore banking.
Ultimately, the aim of this "war" is to convince people not to consider offshore as an option.even if they ever did in the first place.
It's more practical for the world's big governments to wage war with an unproven but thoroughly imagined' enemy than it is to pass prohibitive tax laws that would directly hurt citizens and the economy. And it plays better for the media.
Well we're here to say:.False alarm folks! The Emperor's still wearing clothes.
Down with the Hype!
Here's What Offshore Banking Can Do For You
As the war on offshore havens heats up, many international businesses, stock exchanges and financial companies are closing their doors to American clients. It's just not worth the hassle of dealing with our politicians. But with Offshore Bank and Brokerage accounts, American investors can access opportunities the world over, in markets they would've once been locked out of. The world is their oyster!
In today's litigious society, every small business owner is a potential target for frivolous lawsuits. It doesn't matter whether you own rental property, run a restaurant or even offer dental service, you run the risk of a lawsuit that could shut down your company and put you out of work. Offshore Structures can provide Protection from Frivolous Lawsuits; with the help of a number of some prohibitive legislation and rock-solid Asset Protection policies.
Most people don't know that Estate and Probate taxes can eat away a significant chunk of your wealth after your death, and they can tie up your assets for months and even years while a settlement is being reached. You Must Be Prepared. And offshore havens, as well as superior asset management, can help ensure the well-being of your family long after you're gone.
Pre-Nuptial Agreements are always a sore topic; they can cause fights, still end in legal battles and even break up relationships.so who needs 'em! With a carefully structured offshore annuity, you can get all the benefits of a pre-nup without any of the mess.
Cutting-edge asset management strategies like the Life Insurance Policies offered by Colin Bowen from the Isle of Man or the Foreign Variable Annuities offered by Marc Sola from NMG in Zurich can open up a world of new benefits that stack the deck in your favor. These strategies might seem complicated at first, but they can save you unbelievable amounts of money.
These are just a few of the unexpected and little-known advantages of banking offshore.all of which are still perfectly legal.
Offshore havens and careful asset management can legally benefit almost anyone.not just the super-rich. All you need to do is get the right information and guidance.
The information you can find in Offshore Investments that Safeguard Your Cash. It's selling at Barnes and& Noble, Amazon and Borders for US$29.95.
It's one of the most comprehensive volumes out there when it comes to offshore banking, and it'll definitely give you some ideas and insights to get the ball rolling. It's based on ten years of critical work with our Council of Experts and people just like you.