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Protect your |
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In general, you cannot get information
about other people's bank accounts or credit cards
- and you shouldn't. But if
you are the Government, you can! As a matter of fact, all
banks in North America and most countries in Europe and
Asia are obliged by law to report all transactions
on your accounts to the government! | |
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But there are countries that will respect your
privacy! Some of these countries even go to the point of
enforcing legislation that demands from their banks that they conduct
their business for you in complete confidentiality, as
long as you are not a resident of that country.
If you use an offshore entity, like a Trust or Foundation, appropriaetly, you have no legal obligation to report any financial transactions of that offshore entity to anybody! Since you do not own it, you are legally not responsible for what it does - it is "none of your business" and it is nobody's business to try to make you think it is! You can open a credit card or a debit card account (or any other bank account) with an offshoer entity as the owner - in an offshore bank that will and must respect your privacy - by virtue of law in its own country! You then conduct all your business through these accounts, on behalf of your offshore entity. This way, your name will not appear on any transactions that will be reported to your governments or the credit bureaus - or to anyone else, for that matter. As long as you do business in your own name (or in the name of a company that is owned by you or in the name of a Trust or Foundation that was established by you), none of your transactions will remain a private matter, unless you choose to operate under false identity. There is no need for that. You can legally achieve the same privacy and confidentiality by using an Offshore Trust/Foundation as the base of your financial transactions. |
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Here is the outline for what you should do in order to effectively protect your financial privacy:
We hope you understand that we can only provide information and tools. You need to learn how to use those tools for your own benefit before you will receive any value from them. It is like buying a vehicle - you still need to drive it yourself in order to get anywhere... The accountant, to make sure that you take full advantage of the tax benefits you can obtain by using your rights to tax-write-offs on losses. The attorney, to make sure that you are not causing any legal problems for yourself by doing so. The good news is that it does not take a genius to use an Offshore Trust - it takes a person who is financially responsible, and who is open-minded enough to learn about some concepts you cannot learn in any public school... From there, it is a matter of sound money management and legal logic! Did you sign up for our free additional information? |
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Let's say you have some valuable jewelry you want to protect. You get a safebox in your bank. The bank gives you the key to the box. The only key that exists. You put the jewelry in the box, close it, and walk away with the key. Question: who controls the jewelry? The bank who owns the box? Or you who is in possession of the key? What would change if you were not the owner of that jewelry? You still have the key to the box. The bank still owns the box. But the jewelry is owned by someone else. Who is now in control of that jewelry? Morale: Control of assets has nothing to do with ownership. Assets are controlled by the person who has possession of the key, also when that person is not the owner. |
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