The idea of ‘planting flags’, or diversifying internationally, involves spreading these aspects of your life across multiple jurisdictions and territories overseas. Banking in one place. Setting up a brokerage in another. Investing in another. Storing gold in another. Owning property in another.
You can do this with dozens, potentially hundreds of aspects of your life and/or business – using an offshore email account, obtaining medical treatment overseas, seeking personal companionship abroad, setting up an overseas credit card processor for a web business, initiating an IPO for your company on an overseas exchange, foreign health insurance, etc.
Taking these kinds of steps can make your life much, much easier. Suddenly all of those aspects of your life no longer fall under the jurisdiction of your home government; legions of blood-sucking bureaucrats no longer have access to confiscate your assets and frustrate your life with a few mouse clicks.
Tuesday, February 28, 2012
Four Valuable Passports That Anyone Can Obtain by Simon Black