Offshore Bank Account – should you bother?
Wherever you are on this little planet of ours you need to think very carefully about how best to protect what is yours. As something of a student of world financial affairs it is becoming increasingly clear that the current financial system is at risk. I recently watched a video explaining that the US would shortly suffer economically as other countries dump the US dollar as a way to pay for their oil.
Whilst this may not seem of that much importance to us as individuals we all should all take note.
One way that you can start the process of protecting yourself is to have a bank account offshore. There is absolutely nothing wrong about this. There are too many scare stories trying to convince us that only people with something to hide have an offshore bank account. This is not true!
You are perfectly entitled to protect what you own, and that includes any money you have. By opening an offshore bank account you are taking personal responsibility for the wealth (however small that might be) you have.
The problem of course is learning what you need to do and understanding what would be involved in opening a bank account offshore. Luckily, you don’t have to spend hours trawling Google and trying to fathom what it all means. It’s already been done for you.
The owner of the website Sovereign Life, David Macgregor, has produced a report that explains all you need to know. And if that wasn’t enough he’s giving away another report that gives a range of offshore banks that you should consider when opening an account. This is important information as each country has rules that need to be followed if you wish to stay within the law.
The Offshore Banking Alert report costs just $19.95 (and don’t forget you get an additional report absolutely free that gives advice on bank accounts available).
The cost of the report is very reasonable and I think it is worth pointing out that for just $30 more you can join Sovereign Life membership club. You not only get the reports described above but a host of other services aimed at educating you in all aspects of personal asset protection. Of course you don’t have to join Sovereign Life if it is not right for you but I would recommend thinking about the Offshore Banking Alert as it could pay for itself many times over in the future.
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You are reading copy originally published by John Murphy at Online Investing Guru . I hope you enjoy the content and visit my site, Online Investing Guru, for more information. October 11, 2012 6:27 pm
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