Corporate Offshore Account
Low interest rates at the bank have you annoyed? Well, they should. Receiving less than 3 percent interest on your money is not only unnecessary but it is also keeping you from staying ahead of inflation. Your local bank isn’t the only option for building wealth nor should you have to settle for below market interest rates. Read on and we’ll examine some high yielding, low risk investment strategies for you.
First, let me state for the record, that yes, they are perfectly legal. In fact, offshore banking itself, while the rules may change a little, needs to stay legal. Forever. The economy depends on it. Money will always need to be transferred between countries, or trade would stop. So there will always be a need for offshore bank accounts.
Managing an offshore banks from inside the U.S. is not just stupid, it’s a death wish. In case you don’t watch the news, these government guys are very, very serious about catching people just like you and making examples of you.
But, just because a loan is unsecured by property doesn’t mean that the lender won’t sue. In fact, if they get a Judgment against you, they can garnish your wages and take up to half of your paycheck. They can also get a lien or take your property including offshore bank account, cars, and even real estate. So, in many ways, an unsecured debt becomes a secured one when the creditor gets a Judgment.
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