Why Consider Offshore Banking For Your Personal And Financial Privacy In This Post "9 / 11" World ?
In the process, your privacy may be seriously jeopardized. If, however, your records are kept offshore, they are impervious to court orders. Another important benefit involves the right to maintain a healthy distance between creative ideas and your competitors. For example, let's say you have a formula or patent that you want to protect. If you decide to copyright the idea here, you must disclose it to the Copyright Office, Immediately; your million-dollar concept becomes part of the public domain. Before you have time to establish a firm market, the idea can be reformulated with minor revisions and translated into your strongest competition. Instead of going to the appropriate onshore office to file your formula, why not convert it into financial information? Call it "the exhibit to an agreement between a scientist and the formula's owner." If the formula's owner just happens to be an offshore entity, the exhibit is likely to be protected under the bank secrecy laws of the foreign jurisdiction. Have you ever been the target of ugly gossip or intentional misinformation? It's sometimes based on nothing - just lies and innuendo. Other times, the story has a kernel (or more) of truth. And that's even more difficult to handle. Most of us have a few skeletons in our closet. When it comes to financial privacy, however, those bones take on particularly ghoulish contour. Past mistakes - from car repossession to a personal bankruptcy, draft evasion, or a minor criminal record - can haunt you for a very long time. Credit bureaus maintain all their information for at least seven years; and often for even longer.Pages: 1 2 3 4 5 6 7 [8] 9
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29.05.2010
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