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Special EU & EURO Warning – December 14, 2011Offshore Jurisdiction Comparison 
Guatemala CorporationGuatemala Bank AccountAnonymous Master Card and VisaHigh Limit Anonymous Offshore Visa & MasterCardAndorra Private Banking Swiss Forex and CFD Trading AccountFOREX and FUTURES Bank Account for BrokersForex Professional Broker Trading Accounts Offshore High Risk Merchant Accounts
Second Passports and Citizenships – Read this First PleaseWhy You Should Use USPensionado/Poor Man's Second PassportPoor Man's Second PassportSecond Passport and Second Citizenship ProgramsGuide to Economic Citizenship Passport ProgramsGetting Out of Dodge – Feb 5, 2012Getting Out of Dodge – Feb 1, 2012Getting Out of Dodge – January 27, 2012Getting Out of Dodge – January 26, 2012Getting Out of Dodge – January 22, 2012Getting Out of Dodge – January 17, 2012Getting Out of Dodge – January 16, 2012Fall of the American Empire – Update October 22, 2011Fall of the American Empire – Update October 15, 2011Fall of the American Empire – Update October 13, 2011Fall of the American Empire – Update October 12, 2011Fall of the American Empire – Update October 4, 2011Fall of the American Empire – Update September 26, 2011Update on the Panama USA Tax Treaty – Dec. 1, 2010Panama and USA to Sign Tax Treaty for Exchange of Tax InformationRead This Before Considering Panama as a Offshore JurisdictionPanama Ending Anonymous Bearer SharesPrivate Offshore Panama Bank AccountHow to Get a Non– Freezable Bank AccountPanama Virtual Office for Panama Bank DepositsPanama Real Estate Purchaser Legal RepresentationMolotov Cocktail Riots in GreeceIraq Dinar Revaluation – Exercise CautionReduce Legal Bills – Outsource Legal Work to IndiaDon't Travel With Your Gold CoinsSingapore Caves in to OECD Tax TreatiesGoing Off the US DollarOECD Tax Treaty Compliance FailingImportant Banking News Alert – Bank Reference LettersWhat Do You Want To Protect?Private Offshore Panama Bank AccountPanama Virtual Office for Panama Bank DepositsImportant Banking News Alert – Bank Reference LettersReal Estate Asset ProtectionPanama Real Estate Purchaser Legal RepresentationAnonymous No-Name Debit ATM CardThe OECD and the Tax HavensAnonymous Visa Cards (New May 2009)Asset Protection – Gold, Silver, USD, Euro, Yen, Swiss FrancNevis OverviewNevis Economy, Currency Exchange Controls, and Economic LegislationNevis Government and Legal SystemObama Muslims and Women's RightsAmazing Obama Birther Case Hits Supreme Court – 10/5/10Retired Three Star General Pushes Against Birth Certificate Free ObamaObama Wants Your Pension/Retirement MoneyObama and His AgendaElena KaganRetired US General Calls for Resignation of Obama - NowObama Kenya Birth Certificate Pops UpEU Times Online Publishes an Expose on Obama IneligibilityArizona Stands Against ObamaKenyan Government Official Cites Obama as Being KenyanLatest Obama Rumors – Columbia UniversityIs Obama a Muslim?The Farce of the G–20Obama Muslim StampObama and CommunismObama Scary TruthsObama Kenya Birth Certificate ObtainedObama Hidden Tax IncreaseThe Obama Not Qualified CaseObama Birth Certificate FraudObama Playing Golf with UBS America President Robert WolfAsset Protection in the USAWhat Will You Do if the FDIC Fails?Municipal Bonds – The House Built on Sand CollapsingDead Birds and Fish – Is this Bible Prophecy?Student Loan BubbleObama and this Once Great NationAlex Jones Calls the FBI Walmart Hotline to Report Terrorists (Government Officials)Mexico Trying to Cut Back on US Dollar UsageLet's Talk Broke States and Welfare FraudStory of A Police Department Falling ApartPolice Layoffs Ripping Through the USASen Michael Bennet Forget to Close Mic, calls Senate Vote RiggedTake Money Out of Banks to Collapse their SystemReal IRA Threatens to Blow Up London Bankers and BanksFrench Taking Money out of the Banks on December 7, 2010Anti-Austerity Protest Demonstration Spread Throughout EuropeEU Gives Americans Rights to Access All EU Bank AccountsBritish Expats Returning To UKUK Cracks Down on Six Million Tax ExilesFrance Obtains Stolen Bank Data From SwitzerlandEvery 30 Seconds Thugs Attack Someone in UKBritish Police Raid 6,717 Safe Deposit BoxesItalian Police Raid 76 Branches of Swiss BanksNetherlands Closing Prisons due to a Lack of PrisonersUK Parliament Member Verbally Attacks UK Prime Minister Brown (Brutal)EU Civil Unrest Starting!UBS Swiss Bank Closing Accounts of AmericansTranslate this page into...
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Executive Summary – There are really only two ways to accomplish secure asset protection. By secure asset protection what is meant is that the bank or stockbroker used does not know who you are. One way of doing this is to use Trust Agreement Banking where the law firm is the signatory on the bank account or stockbroker account. The other way is to obtain a second citizenship along with identity card, passport and driver license.
Second Passport Banking – The way this works is to obtain a second citizenship and passport from another country. The country used must not tax offshore-derived income. To use a country that taxes worldwide income is of course going to incur unnecessary expense, require filings of tax reports and defeat the purpose. The next consideration is to use a country that will allow one to do a name change that is not in the public records. It can be a sealed court proceeding held in judges chambers. You should be able to get at least two government issued photo identity documents one being a passport. The other document is usually a national identity card with a photo. This document is often referred to as a “Cedulla” in Latin America. Sometimes if one is a driver a driver license can be easily obtained as well.
More Details – One will usually have to travel to the country issuing the documents. This is to provide fingerprints, photos and signatures in the government offices. After documents are obtained then one should go to a bank in that country and open up an account with a nominal balance (say $500). This enables one to get a bank reference letter if needed. Then you get a reference letter from a lawyer in that country. Next rent a virtual office and have a cell phone billed to that address for a utility bill. This will get you all the requirements for opening a bank account in a solid jurisdiction like Switzerland, Singapore, Austria, Luxembourg, or Hong Kong. There are banks in Hong Kong and Switzerland that offer insurance on the entire account without any limitations backed by the government.
When you approach banks in these jurisdictions coming in as a citizen of a country that does not tax offshore derived income you will find account opening to be much easier. The bank knows that they are not going to have your country requesting records since your new country does not tax offshore-derived income. They are much more relaxed about giving you an account for this reason. It is like night and day if you are coming from a high tax country that taxes worldwide income.
Renunciation – It is most important to use a country that will not require the renunciation of any previously existing citizenship. Make sure there is no associated military conscription involved that could affect you.
Country Credibility – One needs to make sure the citizenship being obtained comes from a credible nation. No reliable bank will open a bank account for one with a passport from an African nation, except South Africa. Some people offer passports from non-existent countries like Hutt River or the World Passport for instance. These are real passports from not real countries. They are useless for travel or banking.
There are also passports being sold from countries that used to exist, but no longer exist such as Rhodesia or British Honduras. These are referred to as camouflage passports. Again, worthless documents good for nothing. When these passports from not real countries first hit the Internet market six or seven years ago they were working in terms of travel and opening bank accounts. Over time the banks and countries became educated about them and now they are completely worthless but they are still being sold on the Internet.
Asset Protection Value – Your financial enemies will not know your new identity. Remember a confidential name change is a vital ingredient of this package. They will not be able to locate any of your bank or brokerage accounts because they do not know what they are looking for. You do not need to have a corporation to cover your bank and brokerage accounts but we do recommend it anyway to protect your new identity. Anonymous bearer share corporations where the ownership records do not appear in any public registry or database are the best kind to use.
Real Estate Asset Protection and Second Passports – A great way to protect real estate is to have it in the name of your second passport. This can also work for boats, and airplanes. Again using a corporation as well is suggested. This makes punching through the asset protection structure near impossible.
Questions – If you are in need of a new citizenship and passport feel free to contact us for help in obtaining a second citizenship and passport. We usually have several Latin American options available.
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*Offshore Legal Associates Law Firm.We have no legal ties or associations with any other law firm or corporation with similar or like sounding names anywhere and should not be so confused with any other entity having a similar or like sounding name.
