The REAL prince would never try to invest his money in an offshore bank; his wealth is splendiferous, and needs no casual money laundering. Furthermore, his mother's health is in good condition-definitely not the "failing" indicated by the spam letter.
Third, focus on your goals. Once you've moved beyond the cliches and propaganda about interesting plan of action accounts, you can focus on what you really want. No, you're not going to be able to hide a bunch of money from the tax authorities. Yes, you will have to pay tax at home on any interest you earn. But while your account won't be a secret to your home government, you will have separation from them. Some bureaucrat with a fat finger won't be able to freeze your account with one keystroke. It will be harder for an ambulance chaser to get at. And while you will have to pay tax in the US on interest earned, that interest rate could be double, triple, or even fifteen times higher than what you're earning now.
offshore bank account Second, know that the days of numbered bank accounts and intense secrecy are over. Just ask the millionaires who got turned over to the US government. There are several short forms you will need to fill out each year, one with your tax return, another sent in separately. If you're a US citizen or resident, you must declare any accounts - or combination of accounts - with a value of at least $10,000 at any time during a calendar year.
Then I was up and running. To this day, I assist the Lands Department in clearing up title work and work with others to help with offshore banking, financing, incorporations. I help just about anyone who walks through the office door with a legitimate issue.
You have probably heard the terms location independence and sovereign living. Chances are very good, that you have even seen them used interchangeably. And there is a lot of cross over and commonality between the two, but.
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