Description
Book SynopsisAnyone interested in "going offshore" in terms of their finances and investments needs to understand every aspect of this process in order to succeed. Tax Havens Today provides readers with the knowledge, strategies, and contacts needed to avoid expensive mistakes or unknowingly break laws.
Table of ContentsPreface ix
PART ONE THE OFFSHORE CONTROVERSY 1
1. Why Are so Many People Going Offshore? 3
2. Whipping the Taxpayers into Shape 7
3. The Big Squeeze 10
4. The Changing World of Tax Havens 15
5. The International Dragnet 18
6. The Global Laundromat 21
7. The Tax Police 23
8. Barbarians at the Gate 26
PART TWO BUILDING A SOLID OFFSHORE FINANCIAL FORTRESS 31
9. The Benefits of Going Offshore 33
10. Best Strategies for Going Offshore: Personal and Financial Lifestyle Changes 35
11. Expatriating 37
12. The $80,000 Annual Loophole 39
13. New Citizenship and Renouncing Your U.S. Citizenship 42
14. Eight Ways to Sunday 44
15. T-7 Tax Havens: The Green List of the World’s Best Offshore Havens 48
16. Selecting the Best Tax Haven for Your Plans 54
17. Establishing an Offshore Presence without Leaving Home 61
18. Offshore Business Structures 63
19. Secrets of Offshore Banking 73
20. Offshore Financial and Investment Strategies 81
21. Offshore Estate Planning 89
22. The Swiss Angle 97
23. Placing Your Assets Offshore and Avoiding Fraudulent Transfers 105
24. Offshore Business 107
25. International Tax Planning 110
26. Offshore Privacy 117
27. Offshore Caveat 119
PART THREE TODAY’S TAX HAVENS 121
28. Tax Information Exchange Agreements 127
29. Mutual Legal Assistance Treaty 129
30. Profiles of Tax Havens 131
Andorra, 131
Anguilla, 133
Antigua and Barbuda, 135
Aruba, 136
Austria, 138
The Bahamas, 140
Bahrain, 143
Barbados, 143
Belize, 146
Bermuda, 147
British Virgin Islands, 151
Brunei Darussalam, 154
Campione (Italy), 155
Cayman Islands, 158
Channel Islands—Guernsey, 162
Channel Islands—Jersey, 166
Cook Islands, 171
Cyprus, 173
Dubai, United Arab Emirates, 177
Gibraltar, 179
Grenada, 182
Hong Kong, China, 183
Isle of Man, 187
Labuan, Malaysia, 192
Liechtenstein, 194
Luxembourg, 197
Madeira, 200
Malta, 202
Mauritius, 206
Monaco, 209
The Netherlands, 211
The Netherlands Antilles, 214
Panama, 217
Saint Kitts and Nevis, 220
Saint Vincent and the Grenadines, 221
Seychelles, 224
Switzerland, 225
Turks and Caicos, 229
Vanuatu, 231
Western Samoa, 235
PART FOUR RESOURCES—THE BIG PICTURE 237
Offshore Citizenship and Retirement Opportunities 239
Dominica 239
Saint Kitts and Nevis 240
Profiles of Retirement Havens and Foreign Residency: Andorra, Argentina, Austria, The Bahamas, Belize, Bolivia, Brazil, Campione (Italy), Canada, Chile, Costa Rica, Czech Republic, Dominica, Dominican Republic, Ecuador, Guatemala, Hong Kong, Ireland, Italy, Malta, Monaco, The Netherlands, Panama, Portugal, Saint Kitts and Nevis, Switzerland, Turks and Caicos, United Kingdom, Uruguay 241
More Countries to Investigate 254
Travel Destinations 263
Offshore Reading 264
Offshore Reference Works 264
Newsletters 265
Travel Books 267
Travel Bookstores and Map Dealers 267
Travel Information 267
Financial Information and Business Opportunities 268
Bank Resources 269
Antisurveillance and Privacy Sources 269
Books of Interest 270
Publishers of Unusual Books and Hard-to-Find Information 271
Periodicals 272
Real Estate 272
Expat Information 272
Expat Books 273
Retirement Resources 273
Health Insurance for Expatriates and Travelers 273
Organizations 274
Government Web Sites 275
Financial and Investment Services 275
Immigration Services 279
Tax Problems 280
Worldwide Serviced Offices 280
Global Mail Drops 281
International English Language Newspapers 281
Online Resources 281
Government Publications 281
Offshore Dossier 281
Offshore Evaluation Service 282
Offshore Financial Services 282
Appendix 283
About the Author 316
Index 317
