Your First Lesson In Offshore Asset Protection—Remember, This Is Not IllegalOct. 22, 2014 Belize City, Belize Going offshore is not illegal, and, in today's world, it is the most important agenda item for all of us.
Dear Live and Invest Overseas Reader,
Going offshore can be a big, scary idea. In fact, thanks to the well-publicized stories of criminals who have indeed taken their ill-gotten gains offshore, many people think that "going offshore" is illegal. This is not true, of course.
For the record, there is nothing at all illegal about taking whatever you've got and placing it or investing it in another country, even (at least not yet) if you're an American. Although, if you're a U.S. person, going offshore does come with a long and growing list of compliance factors and restrictions.
The truth is that, not only is going offshore not illegal, it is also, in today's world, the most important agenda item for all of us, a practical necessity of our age.