International structuring to increase your privacy, freedom and wealth.
Start internationally diversifying your life, your business and your personal finances.
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Citizenship is an extremely polarizing subject. Many people incorrectly think that a 2nd passport is illegal. This is a myth. Incomplete knowledge and nationalistic indoctrination has perpetuated a stigma that somehow obtaining a 2nd Passport is “grey”, or outright illegal activity. Nothing could be further from the truth. 2nd Passports can be utilized for international business and travel, opening new doors to opportunity and providing a safe fallback option in the event of a catastrophic failure.
Where you are a Tax Resident is an important aspect to consider when planning a business international strategy. Many people who are permanent travelers plan to simultaneously “live everywhere” and “live nowhere”. If, for instance, you hold an American passport – if you spend less than 30 days a year in the US each year, or you are a tax resident elsewhere, you can get over $102,100 of earned income excluded each year. Many countries have similar rules, though they do vary substantially.
Many businesses, from small digital nomads to major multinational corporations operate at least partly through Offshore Companies, and you too can easily and affordably plant a flag outside your own country. Setting up a company is inexpensive (oftentimes costs less than $1000) and depending on your unique circumstances, this entity can be used to establish privacy, limit liability, attract outside funding, comply with local laws, establish a residency and many other benefits.
Enhance your Offshore Company with an International Bank Account. Secure banking jurisdictions is essential for financial freedom. Governments and economies are fragile and inept. They can, and do, topple and crash. That’s why it is important to allocate a portion of your wealth or assets in a safe haven. Even if you don’t have much – it is advantageous to have a structure in place so that if something does go wrong, you have an escape plan.
Introductions to international financial services:
Physical Asset is a strategic flag to plant a physical fortress. It is important to choose in a country that respects land ownership rights and land with potable water, arable land and enough gold and girls to hold out no matter what happens. Even though we may have a base, as permanent travelers and practitioners of flag theory, we are free to move and travel when and where we choose.
All of us are frequent users of the internet, and programs are frequently capturing huge amounts of data on us and exerting a process over our data called “data mining”. Learning about Data Security is a rabbit hole that keeps going. Once you learn about the “dark web”, encryption, port searching, etc. you may find yourself never wanting to stop. In the world we currently live, it is of paramount importance to protect online privacy, and communicating securely without having compromises.