Anyone with any foresight has moved their estate OFF SHORE.
RE: Anyone with any foresight has moved their estate OFF SHORE.
We need to be reminded that the IRS has power to go after any money deposited in offshore accounts.
UBS is a prime example of the US government FORCING and BULLYING them to disclose thousands of account holders in Switzerland.
And guess what ? The once brave and independent Swiss Parliament CAVED.
Don’t put your money in Switzerland. It isn’t a secret account any longer.
Bingo. A friend of mine and I are about to buy a fairly sizable business in Brazil. This business has an international scope and we would prefer to headquarter here, but we have absolutely no intention of bringing operations to the USA in the current business and tort climate, despite the USA being our biggest market. There has been ZERO discussion amongst the partners and investors about bringing the business here. In fact, everyone agrees that we have to stay out of the USA if the business is to survive.
” Anyone with any foresight has moved their estate OFF SHORE. “
I did that in November & December of 08 ;-)