Offshore Asset Protection: Secure Your Wealth, Minimize Risks, and Legally Reduce Taxes with Global Strategies
The world is smaller than ever, and the opportunities to internationalize your finances are right at your doorstep. In just a few hours flight from the US, you could be securing your assets in Europe’s safest vaults or earning higher interest rates in Panama. You could also create a tax-efficient LLC offshore, all without leaving home. These strategies are legal, accessible, and offer unparalleled benefits in today’s uncertain financial climate. In recent years, offshore strategies have faced criticism. Yet for most law-abiding individuals, going offshore is completely legal and can offer significant financial advantages. Here’s why internationalizing your financial life makes sense and how you can take action today.Access to Global Investment Opportunities
One of the biggest advantages of offshore investing is access to global financial markets and opportunities you can’t find at home. For example:- Certain offshore jurisdictions offer significantly higher interest rates than most US banks.
- International markets give you diversification across economies, currencies, and legal systems, reducing risk.
- Foreign real estate investments for Americans: Why or why not?
- Should you invest in an offshore fund?
Protect Your Assets from Lawsuits and Civil Forfeiture
Did you know the US is known for having the highest volume of lawsuits globally? If you are worried about your assets being targeted by frivolous lawsuits or the growing threat of civil forfeiture, offshore asset protection structures provide significant protection.- Certain offshore jurisdictions offer strong legal protections. Therefore, your assets become much harder for creditors to access.
- History of civil forfeiture in the US
- Civil forfeiture abuse: The hidden threat to your assets
- Frivolous lawsuit protection
Increased Privacy and Security
In today’s world, privacy is a commodity, and offshore banking can help you safeguard your financial life from prying eyes. In the US, your personal data is often sold, leaving you vulnerable to identity theft or unwanted scrutiny. Offshore, this isn’t the case.- Bank secrecy laws in many countries provide better protection than domestic banks.
- Strict privacy regulations in offshore jurisdictions shield your financial data from the reach of identity thieves, investigators, and even the government.
Ensure Continuity of Investments in Times of Crisis
What happens if the US financial markets shut down due to a major crisis? The attacks of September 11, 2001 showed how vulnerable the system can be, with the US stock markets closing for four days. By maintaining offshore investments, you are not completely reliant on the US financial infrastructure, meaning:- You can continue trading on foreign exchanges if the US markets shut down.
- Your financial continuity is ensured in the event of a domestic crisis.
Safeguard Against Exchange Controls
If the US government were to impose foreign exchange controls (which prevent the movement of money abroad), having offshore investments gives you a way to safeguard your wealth:- While the US has not yet imposed such controls, many other countries have.
- Offshore investments help ensure you won’t be cut off from your money in the event of future restrictions.
Tax Advantages of Going Offshore
Contrary to popular belief, offshore tax strategies are legal when done correctly. Recent tax reforms have opened up new opportunities to legally reduce your taxes.- Properly structured offshore businesses can benefit from significantly lower tax rates compared to domestic corporations.
- If you live abroad, you can exclude a significant portion of your foreign earned income from US taxes. This limit is adjusted annually for inflation. You can find more information here: foreign earned income exclusion.
Need Help?
Since 1984, we’ve helped more than 15,000 customers and clients protect their wealth using proven, low-risk domestic and offshore planning. To see if our planning is right for you, please book a free no-obligation call with one of our Associates.What Our Clients Say
I am truly grateful for the outstanding guidance and international expertise provided by Mark, Brandon and the entire team. They have extensive insights, resources and experiences and most importantly are highly principled with their recommendations to serve my needs first and upmost. With the increasing financial and political threats against the individual, it is very reassuring to have the Nestmann Group as trusted partners to preserve wealth and freedom.
Rocky*, Los Angeles, California
*Name changed to protect client’s privacy.
I felt having a second passport from Dominica would give me additional freedom in an uncertain world. I wanted to be sure there was always an option for me to live free of government abuse.
I chose to work with The Nestmann Group because I have been following them for years and had developed a comfort level that made me able to trust them with this important transaction.
In particular, I appreciated the quick turnaround time. I rarely had to wait long for an answer. When you’re making this kind of an investment, you want someone who is attentive to your needs and they were.
Thomas M, Florida
My consultation with Mark Nestmann ended up saving me hundreds of thousands of dollars.
B.K.
