You most certainly have seen the ads and heard the promoters touting the incredible benefits of offshore asset protection: Privacy, anonymity – and the big one – no taxes ever.
But there is a wrinkle in all their chatter. Uncle Sam taxes U. S. citizens on their worldwide income. So in another one of those [...]
For successful implementation, like any other business process, offshore outsourcing needs a well-developed strategy. In this article we tried to write the key aspects to be taken into account while developing an offshore outsourcing aspect.
To create an effective offshore outsourcing strategy management should perform the following 7 steps:
1. Strategy analysis: Objectives and Scope. [...]
Indeed, the relationship between Trusts, both onshore and offshore, Taxation, Asset Protection and Wealth Preservation has brought about a demand for information which was difficult to obtain only a decade ago. And this is all quite legal. The super-rich have been doing it for decades. [...]