One of the scariest ideas is that because of a financial crisis in the United States, the nest egg that you’ve worked to build up over years could be lost or severely diminished.
And even if that doesn’t happen, onerous taxes may take a bite out of your assets that make them less valuable to your loved ones.
Luckily, there is a simple and legal way to stabilize your economic exposure and grow your wealth in a friendlier tax environment: Open a bank account online in a country like the Central American nation of Belize.
Offshore Banking is for Everyone
In the old days, before the takeoff of globalization and the near-ubiquity of the Internet, only the very rich or very connected knew about asset management through offshore bank accounts. Now, however, not only is the Web full of sites like this one describing the benefits of offshore banking, but it’s also for everyone with a nest egg to protect, no matter what its size.
Small Country, Big Benefits
The special benefit of a small country like Belize is that while its currency is tied to the United States dollar , and is so extremely robust, the nation itself is small enough that every foreign investor’s money makes an impact. This results in a land where they are happy to get rid of taxes that would be the equivalent of capital gains or estate taxes in the U.S. in order to bring in American depositors wanting a higher return on their savings. This is done because the money a Belizian bank, for example, lends out brings in an even higher rate of return. It is a win-win situation for all involved, and it is fully in line with U.S. law about foreign holdings.
Live in Paradise While Your Money Does the Work
If you’re nearing retirement time, no matter what your age happens to be, Americans who open a bank account online in a place like Belize could hardly pick a better spot to spend their vacation years. Not only is coastal Central America beautiful and temperate, but there is a community of expats who can give you helpful advice, share their own stories, or just show you where the best golf courses and watering holes are! Click here to find out some of the reasons why so many people are choosing to invest in an offshore bank account.
Ask an Expert
There has never been a more advantageous time for regular people to protect and grow their wealth than right now, and never a better place than Belize. There are many experts online and off who will be glad to give you all the information you need not only to open an account, but also to manage it from anywhere in the world.