A lot of recent threads about AM's considering relocating to Thailand. Might keep an eye on this. Just read that Thailand was added to the blacklist of countries uncooperative in bending over for U.S./EU banking regulators. Story said there will be extra "investigation" when money is transfered to countries on the list and there could be "delays". I think that means they will hold your money for as long as they want so you can't flee the western wage slave trap.
Possible issue for AM's in Thailand
- Thread starter geomark
- Start date
I am quite surprised about this considering that the US considers Thailand an ally on the war on terror.
dont be surprised the US is completely fucked and they think that every international dollar is going to fund terrorism. Scary thought on where the tentacles of the US will reach in 5 to 10 years. That or the whole world revolts and people will be comparing the fall of the US to that of the Romans
Like transfer to a bank in Singapore and from there move the money to Thailand? Wonder how much in the way of extra fees that would run.
BTW, link to the list of countries FATF Public Statement - 16 February 2012
LLC that holds "your" assets in Panama, Trust in new zealand, LLC in Nevis, Banking in Singapore and Switzerland, problem solved? Seriously, get over it. If you have enough money to live in a place you consider a paradise, what about you fuckin get over holding stuff in your name. Nobody does that and yu know it. Whether you do it or make fun about people who do doesnt matter much. Its practice because it works.
Move your lazy asses. Get this set up once and it will make your life a million times easier every time you try to do something the "feds" or the "irs" or the "fbi" or your stupid neighbor considers illegal. If you dont know where to start, google qwealthreport. If its removed from google again, try to guess the top level domain.
Whats the point in creating the 20th thread of the week claiming law X makes the funny things you wanna do impossible. Theres no such thing. Youre smalltime. Anything the media would be silly making an example of is smalltime. If youre not smalltime and dont already employ the best lawyers outside of the country, then wtf?
The bank in switzerland doesnt touch your money because you are a US citizen has no problem taking in the moment it goes through a company located in x. Where x is any country not named the united states of america.
You do shady shit? Go get an llc in a jurisdiction that doesnt keep records of the owners of said LLC.
For every little problem that makes your life impossible to live, theres a 3 figure solution the government doesnt want you to know about.
Especially if you move to thailand. Like youd run into problems getting your money. There are banks that issue credit cards with no name on them. "Lol fag those dont exist for like 40 years now". Which is correct, if you ask your local commercial bank about them.
There are countries that pull shit your government gets furious about. The fact they cant just be corrected by some smalltime military action alone speaks volumes about the stability of your currency.
Move your lazy asses. Get this set up once and it will make your life a million times easier every time you try to do something the "feds" or the "irs" or the "fbi" or your stupid neighbor considers illegal. If you dont know where to start, google qwealthreport. If its removed from google again, try to guess the top level domain.
Whats the point in creating the 20th thread of the week claiming law X makes the funny things you wanna do impossible. Theres no such thing. Youre smalltime. Anything the media would be silly making an example of is smalltime. If youre not smalltime and dont already employ the best lawyers outside of the country, then wtf?
The bank in switzerland doesnt touch your money because you are a US citizen has no problem taking in the moment it goes through a company located in x. Where x is any country not named the united states of america.
You do shady shit? Go get an llc in a jurisdiction that doesnt keep records of the owners of said LLC.
For every little problem that makes your life impossible to live, theres a 3 figure solution the government doesnt want you to know about.
Especially if you move to thailand. Like youd run into problems getting your money. There are banks that issue credit cards with no name on them. "Lol fag those dont exist for like 40 years now". Which is correct, if you ask your local commercial bank about them.
There are countries that pull shit your government gets furious about. The fact they cant just be corrected by some smalltime military action alone speaks volumes about the stability of your currency.
Nevis for the LLC you want to do business through.
Panama for the LLC you transfor your assets to.
New Zealand for a trust.
Singapore or Switzerland for banking.
Sounds like a lot/overkill but isnt. Wont cost more than 5k a year. As in way less than the taxes you pay.
Not.
No bank charges an up front fee for an account. At least not a bank youd want to deal with.
It does not matter where you bank. All the traditional "havens" have been shut down for individuals in some way. Panama has signed an info treaty, smallish islands need to withhold major funds on the way in or out. Switzerland just doesnt open accoutns for you guys anymore, Singapore is going to sign info treaties. So is Hongkong.
These treaties are only about individuals though. Lets say you were a US citizen, lived there, and had a bank account in panama held by a panamanian bank. That kind of setup lies outside of what the tax information treaty is about.
It is important to not bank where you live/your LLC "lives". That way, you involve 3 jurisdictions. Lets say you had an LLC in panama, lived in the States and banked in switzerland. There would need to be 3 treaties in place that ask switzerland to release info about bank accounts held by panamanian legal entities which are held by US citizens. Do you think that was going to happen? Even if it was, Panama would need to prove to switzerland that this is the case, but panama is your friend in that whole deal. So not going to happen.
A trust splits "ownership" of something into three separate rights. Or something like that.
There is something like a beneficial owner, who is supposed to benefit from the assets.
Then theres a manager.
The third part I forgot about. My bad.
You could, in theory, transfer the LLC that holds your assets to a fund, make your not yet born grandchildren the beneficial owner. Or your non-profit charity organization. Or whatever. (thats what happens when you hear about some billionaire clown transferring his assets to charity), but you keep the right to manage all of it. And although you are required, by law, to only do whats best for the benefactor, theres noone really controlling that.
By doing that, you put a million legal obstacles between you and anyone who wants a piece of your money.
The jurisdictions that help you pulling such stuff dont allow class action lawsuits, have statutes of limitation of less than a year, require anyone who wants to sue you to pay a 50k bond just to evaluate whether he even has a case, which is non refundable and not depending on the outcome. They have hired the best lawyers to engineer their law in such a way that its impenetrable by anything those governments try to pull.
And so on. I can go on and on about that. Just look beyond "the media" for a moment. You have an inalienable right to protect your privacy and your assets and your freedom.
This is not legal advice, not even if i tried to give some. Law is obviously way too complex for me to even scratch the surface, so dont even try to prosecute me, silly state attorneys. Just the ramblings of some retard who obviously doesnt know what hed get into did he actually try to pull any of the shit he talks about.
Dont ask the lawyers who frequent this board about it. They are required by the agency that can take away their license to not give useful advice on such stuff. Turn to those who can.
Liberate yourself from the bullshit you have to deal with on a daily basis. One step at a time.
Q fuckin Wealth Report.
wayn3
I keep all my cash in europe and just pay the 150 charge for each transaction. Raise the limit on your card and withdraw 30.000 each time and you will be fine.