The Center for Freedom and Prosperity Foundation (CF&P) has released a series of videos, the first in the series, discusses the global economic benefits generated by low-tax jurisdictions. The CF&P Foundation’s video, entitled The Economic Case for Tax Havens, makes a compelling case for tax havens. These business-friendly jurisdictions have led to better tax policy, and faster economic growth around the world.
Going offshore with your finances & business is easier than you think. Going offshore has never been more important considering the incumbent president in the USA Barack Obama and his openly stated position against reducing ones taxes.
Watch the video, enjoy and think seriously about going offshore today.
The National Bureau of Economic Research has finally admitted what the rest of the world has already known for at least 18 months: The U.S.A. economy is in a full blown recession.
The big question on everyones minds is what this “economic downturn” as the press has preferred to refer to it as, is likely to hold in store for the average American.
Historically speaking the shortest postwar recession lasted 6 months and the longest 16 months. So at this moment economists and forecasters are busy trying to pinpoint the “start” of this recession so as to map its length and compare it to historical data.
Assuming the worst, that this recession will be the longest in the postwar era and last 18 or 20 months, and what this means is more job cuts on the horizon, as well as a continued slump in housing, which as we all know seems to affect everything else in modern day life.
There has never been a better time to consider your strategies for dealing with money, finance, your future and of course retirement. Portfolios have been suffering tremendous losses, home values have plummetted erasing equity built up in real estate holdings. Investor confidence has been shaken both domestically in the U.S.A. as well as abroad.
In any case those with sound plans in place recognize this as a time of opportunity. Opportunities abound in business, bargain investments and bargain real estate.
Take advantage of these opportunities and protect your future.
Will Obama Launch a Renewed Attack On Offshore Jurisdictions?
With the plethora of anti-terrorist legislation on the books in the USA, it is clear that the USA can misuse much of the anti-money-laundering language in these so called “security” laws to attack offshore jurisdictions, and that along with the OECD has been taking advantage of the “anti-terror” bandwagon since 2001 to launch renewed attacks on low-tax centres.
The United States position on so-called “harmful tax competition” has not changed. The bigger danger is that incumbent President Obama will attempt to add even more onerous new money laundering laws based on an whether the USA believes a jurisdiction is of “primary money laundering concern.” Meaning whether the jurisdiction is what the USA believes to be engaged in harmful tax competition.
Obama has made his position clear for some time, all one has to do is look at the ‘Stop Tax Haven Abuse‘ Bill he supports to get a clear picture of his position.
So the big question is not whether Obama wants to prevent Americans from LEGALLY avoiding, or deferring taxes through the use of offshore tax havens, but whether he will be able to successfully do so.
Making matters worse for freedom seekers is the growing international pressure to outlaw the secretive practices of tax havens as a key part of reforms to “fix” the world’s battered financial system
The leaders of the world’s 20 most powerful economies (welfare states) gathered for a major conference in Washington in November to discuss exactly this.
Personally, I would like to believe people of the USA will not sit idly by while their rights and liberties are stripped from them, however if the last 8 years are any indication then i am sorely mistaken.
Anyone considering expatriation of themselves or their funds is best served to act sooner rather than later when perhaps this right is stripped of them. Going offshore before it is too late while sounding so cliche, is critical at this point in history.
As managing partner of Offshore Secrets Network our firm is well equipped to help anyone go offshore and protect their finances and future. Feel free to visit Offshore Secrets Network and learn more.