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Home How to

Why It’s More Urgent Than Ever To Be Diversified Offshore

I Need Help With This… And I’d Bet That You Do, Too

Lief Simon by Lief Simon
Mar 21, 2018
in How to, Offshore
0
View From Offshore Looking Onto The Dominican Republic. The sea is light blue and the shore is covered in palm trees. The weather is fine and there are some fluffy clouds in the sky
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The key advantage to “going offshore,” as we refer to it, is diversification.

The very good news is that you have the opportunity to diversify not only your investments in this way, but your life, too—both your personal life and your professional one.

That is, in today’s world, you can realize many benefits by taking yourself, your assets, your investments, and your business (if you have one) offshore.

When you do, the immediate benefit is greater control over your life and your personal and financial future. You cannot control economic or political cycles, but you can take control of your situation… by diversifying it beyond any single economy, market, currency, or administration.

That’s the starting point… understanding the fundamental and enormous upside of this sublimely simple strategy.

It’s in the execution of the strategy that things can become less clear or even complicated. Getting down to action requires support—bankers, attorneys, tax pros, and investment advisors. Finding trustworthy advisors can be a long, difficult, and costly challenge.

I speak from experience. It has taken me two decades to assemble the team of professionals I’ve come to count on.

I can’t keep up with every aspect of managing a well-diversified life in every jurisdiction offering opportunity. I need help, and so do you.

To that end… to help newcomers gain a broader understanding of the current and best offshore options and opportunities and, as well, to help keep experienced expats current and compliant… once a year I assemble my key contacts for a special summit.

U.S. attorneys and tax advisors… foreign attorneys who specialize in immigration, residency, and second citizenship… bankers from key jurisdictions, including bankers I work with personally, and investment advisors who can show you where and how best to diversify your assets right now, including, importantly, real estate and precious metals specialists…

I get them all together for three days of discussions and information exchange.

It’s a one-of-a-kind opportunity to fast-track the process of understanding your best current diversification options while, at the same time, gaining access to the advisors you need to realize your own personal global diversification goals.

Being in the room with this team of offshore professionals from around the world for three days will save you an awful lot of time, money, frustration, and hassle.

It could also save you from making costly mistakes.

My 2018 Offshore Wealth Summit will take place July 25–27 in Santo Domingo, Dominican Republic.

I limit participation in these events, as I want to ensure that every participant has ample opportunity to have all of his (or her) questions answered.

You should be diversified. Your life and your assets, investments, and business activities should be spread among more than one country. This is a simple yet critical fundamental of our age.

Indeed, the need for diversification is more urgent right now than it has ever been in our lifetimes.

This year for the first time ever, I’m holding my Offshore Wealth Summit in the Dominican Republic. The DR ranks tops in all flag-planting categories—residency, citizenship, investment, banking, and taxes—which is why I’ve rated it the world’s best place to go offshore in 2018.

Not that you shouldn’t be planting flags in other countries, as well, but the DR is an excellent starting point as you consider your best options and strategies for diversifying offshore… and it comes with the added benefit of great beaches.

This Offshore Wealth Summit in July is your best, easiest, and most cost-effective option for conceiving the offshore diversification plan that’s best for you.

I look forward to meeting you there.

Lief Simon

Tags: 'second passport'Five FlagsLief Simonoffshore wealth summittax reform
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Lief Simon

Lief Simon

Lief Simon has lived and worked on five continents and traveled to more than 60 countries. In his long career as a global property investor, Lief has also managed multimillion-dollar portfolios of rental properties, for others and for himself. He offers advice on international diversification in his twice-weekly Offshore Living Letter and monthly Simon Letter dispatches.

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