hoThe Perpetual Traveler: Why You Need Tax Havens
"Liberty has still a continent to live in." - Horace Walpole, 1779.
A tax haven is an important flag in a PT entrepreneur’s arsenal. Just as a PT uses a passport as his personal flag of convenience, a tax haven is his link to the bureaucratic world of business and/or government relations.
A PT who has only passive personal investments - bank accounts, mutual funds, unit trusts, annuities etc. - may not need a tax haven at all. But even for the passive investor, there may be great advantages in creating a personal or family trust in a tax haven. Having all of ones finances
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