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Offshore Banking Alert

The 10 Things You Really Need To Know

Before Opening An Offshore Banking Account

 

Are you considering or researching opening an offshore bank account?

Then I urge you to read my free Special Report before you make any decision.

Why?

Because I've been actively involved in the offshore world since 1998 and have learned, through both trial and error, what works and what doesn't - and what to look out for. It's shark-infested waters out there, and you simply cannot believe in, or act on, everything you read on the internet. Avoid being mislead, or worse, scammed. Get the hard facts now and protect yourself from costly mistakes!

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David MacGregor
Offshore Consultant
  
  

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The Offshore Advantage PDF Print E-mail
Offshore - General
Written by David M. Voth   

Offshore financial centers exist because of the differences in the types of taxes and the rates charged to taxpayers around the world.
 

Offshore financial centers offer the advantages of tax minimization, asset protection, and estate planning. As long as differences exist in either the types of taxes, or the rates charged, taxpayers will constantly seek to carry out their activities in jurisdictions, which impose the least tax burden.
 

If your accounts are resident in an offshore financial center such as the Bahamas, the tax on your investment earnings is zero. The result of properly structuring your affairs offshore is illustrated by the following example:
 


If you have $50,000 invested in your high tax country of residence and your investment is earning 15% per year (you wish). And if you're in a 50% income tax bracket, then over the next 25 years, your $50,000 compounded annually will grow to $304,917. Your net rate of return is only 7.5%.
 

However, if you invest the same $50,000 offshore at a 15% rate of return and a 0% tax rate it will be worth $1,645,948 at the end of 25 years. That's 540% more money. The onshore tax bill will cost you $1,341,031 at the same rate of return!
 

I say avoid the million-dollar tax bill and go offshore!
 

Learn more about going offshore NOW! Click here

Last Updated on Wednesday, 27 May 2009 12:01
 


 

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