What Are Offshore Havens?

Offshore Havens are jurisdictions foreign to the one in which you live.

Before we go further, let's define jurisdiction.

Hang on while I bring out my trusty Merriam-Webster. . . which says:

jurisdiction 1. the power, right or authority to interpret and apply the law. 2.the authority of a sovereign power. 3. the limits or territory within which authority may be exercised.

Might as well define haven as well: a harbor, port or place of Safety. (Thank you Merriam-Webster.)

Technically, Nevada is foreign to California, Ohio to New York and Florida to South Dakota. Each state is offshore or foreign to the other states as they all have their own laws and authority to apply those laws. But they aren't havens. Why?

The US government whittles away at individual and state sovereignty. Under the guise of protecting Americans, we are spied upon and treated as terrorists.

As I write this, the dollar erodes and attacks on the privacy of the American people grow. Increased "security" at the airports, phone wire tapping and national driver's licenses make us less safe.

At no time since the American Revolution has there been a more urgent need for change.

Lawsuits against personal assets surge as law students graduate in increasing numbers.

More or more Americans are looking for those places of safety.

So the havens we're talking about here are other sovereign nations, like Panama orThe Bahamas

What other reasons do people look to other countries?

• tax advantages
• investments
• banking

are the major ones.

Some people are making their homes in other countries.

I can't seem to turn around without hearing that another friend or associate has moved to Costa Rica orPanama or bought land in Anguilla.

What should one look for in an offshore haven?

The general advice you'll find from most providers is:

• stable government
• favorable tax laws
• private/secure banking
• availability of asset protection entities
• quality legal system

You take a look at the available havens and choose the best fit for you and your family.

One think you'll want to remember is, if you are considering moving abroad, you don't necessarilly want to have your asset protection in the same place.

There are reasons to separate living, banking and structures. See the book "Trusting the Trustee . . .?" for a good explanation of this concept.

Let's start with the most famous of all, Switzerland, the most famous of all offshore havens. Click here now. to the tiny island of Seychelles on the Indian Ocean, which has been growing in the last several years as a tax shelter.

On the other handZurich, which is the largest city in Switzerland and center for banking, deserves it's own spot. So click here,

Click on each of the following countries to learn more about them as tax havens.

Andorra The Bahamas, Belize offshore, Bermuda offshore, The British Virgin Islands, The Cayman Islands, Channel Islands Dubai St. Kitts Nevis, Luxembourg, Liechtenstein, Luxembourg,Seychelles, Switzerland, offshore Hong Kong,Panama tax haven, Asia & the Pacific, Liechtenstein, Canada, The United States as an Offshore Haven.

There's a lot of information here, so take your time evaluating.