Did you know it is possible to make millions outside the United States, quietly, privately, legally, and tax-free? The secret is to make your money work where it will generate the largest return. InThe Complete Guide to Offshore Money Havens, Jerome Schneider offers a step-by-step approach, using the same strategies that have earned millions for America's most powerful banks, corporations, and individuals. He covers various ways to enter the foreign market; ranks the world's top offshore money havens; offers tips to avoid the common pitfalls of international business; and tells dozens of stories about creative men and women who have easily and successfully invested abroad.Filled with crucial information not readily available elsewhere,The Complete Guide to Offshore Money Havensexplains how to avoid legal entanglements, sky-high taxes, and unwanted attention by investing offshore. Inside readers will find: Detailed blueprints for offshore success Where to find the best money havens in the world How to ensure financial privacy while investing offshore How to protect your assets once you've invested Guidelines for saving taxes in the United States and Canada This is essential reading for anyone anxious to take control of his or her financial life in today's uncertain economy. About the Author Jerome Schneider is the world's leading authority on offshore banking and investing. In 1977, he introduced the concept of establishing private international banks for profit, privacy, and legal tax protection in the first book of its kind,How to Profit and Avoid Taxes by Organizing Your Own Private International Bank. Author of five additional books and over 700 articles on the subject, Mr. Schneider has organized and established more than 1,000 private international banks, offshore funds, and related financial vehicles for investors and corporations.
This book is a good intoroduction to the world of offshore banking and tax havens. However, it focuses on all of the reasons why you should use offshore tax havens and not enough on why you shouldn't. As an owner of a corporation operating out of Antilles, I know how the process works. First of all, it is very easy to find yourself in a legal bind with the IRS for attempting to hide income. Next, finding a trustworthy offshore banker to help you register is hard to do and can be risky since they operate under foreign jurisdiction. Lastly, the benefits of offshore tax havens is not that great due to the high costs associated with the process. The type of people that usually need offshore accounts are people that are either involved in a debacle that requires them to hide their assets or people who need to launder money. In other words, if you do choose to use offshore tax havens, make sure to do your homework and consult a licensed financial consultant.
Now my eyes are wide open
Published by Thriftbooks.com User , 24 years ago
This book seriously opened my eyes...Wide. The book is very well written and is done so in layman's terms. I found the information on invasion of privacy rivetting.
A real awakening to reality
Published by Thriftbooks.com User , 24 years ago
I can not say enough about this book. As soon as my personal position warrants it I will calling Mr. Schneider to make an appointment. I found the book to be well written, informative and up to date. Everything you need to know about offshore is in this book. Mr. Schneider comes across as sincere, forthright, and honest with no BS. He offers an awaking to the realities of todays financial world. I have already written to some of the banks he recommends. Another point I feel is of the upmost importance is that he is accessable.
Sent a copy to my brother half way thru.
Published by Thriftbooks.com User , 24 years ago
When I was half way through this book I sent a copy of it to my Brother. I felt the content was great and the anecdotes were helpful in providing me the benefit from the experiences of others...not to mention Mr. Schnieders expert opinions and advise. My level of comfort was enhanced by his recommendations that legal opinions be sought before establishing any structures offshore. I find many other "experts" neglect to advise this. I will be utilizing and implementing his thougths and ideas immediately
Fabulous!
Published by Thriftbooks.com User , 24 years ago
Mr. Schneider's work exposes the reader to new concepts and offers detailed advice.
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