The Real Truth About Offshore Bank Accounts

Written by Merrill Noreen


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There is a great deal of information and MIS-information around about offshore accounts, sorepparttar following list is just an outline of a few ofrepparttar 112820 issues you'll need to consider as you research whether or not offshore banking is for you.

· Arerepparttar 112821 professional staff fluent in English? (You may need to communicate, and this IS about your money, after all!)

· Are there tax treaties withrepparttar 112822 US in place? (Readrepparttar 112823 fine print.)

· What arerepparttar 112824 privacy or secrecy policies ofrepparttar 112825 institution you are considering? (Many of them are NOT ALLOWED, by law, to share your information with, for example,repparttar 112826 government of your country).

· Doesrepparttar 112827 institute provide credit cards or merchant accounts? (Many foreign financial institutes do, and include a debit card, as well).

· Does it require you to have an internationally incorporated company in order to open an account?

· If so, doesrepparttar 112828 institution provide 'shelf companies' to choose from? (Quite often, you can simply sign some forms to becomerepparttar 112829 proud owner of a new, legal company, which enables you to bank in that country).

· Are Internet-based transactions available? (You'll want to be able to monitor your account online - to checkrepparttar 112830 current status of investments, transfer funds, or just track your accumulating wealth)!

Yes, it is possible to do business in a SECURE global environment - and enjoyrepparttar 112831 tax breaks, and perhaps even a healthy return on your investment - all fromrepparttar 112832 comfort of your home inrepparttar 112833 good ol' U.S. of A.!



Merrill Noreen has investigated offshore banking options for Western entrepreneurs. Visit his website at http://www.life-spring.com/caruba/caruba.html or email carubagold@mail.com for more information.


A PENNY SAVED IS A PENNY EARNED

Written by Jack Lambert


Continued from page 1

Here is another tip: Never buy a house or a car (NEW OR USED) without a clause that says PREPAYMENT WITHOUT PENALTY, ORrepparttar equivalent of that phrase. WHY? You can save thousands of dollars by paying extra money onrepparttar 112819 principal each month. If your contract hasrepparttar 112820 clause I just mentioned, you can do this. WHY DO YOU WANT TO DO THIS? To save yourself thousands of dollars!! You pay interest onrepparttar 112821 unpaid balance of what you owe each month onrepparttar 112822 car or house that you andrepparttar 112823 bank own and that you are making payments on. For example, I paid off my new truck (did I mention it has 4 wheel drive and a whole bunch of extras - a 3/4 ton etc. etc - forrepparttar 112824 camper) in a little over a year by paying $1000 a month extra onrepparttar 112825 principal. That is pretty stiff but my wife also teaches and we lived off of my salary. YES IT CAN BE DONE!

HOW DO I DO IT? I save on ALLrepparttar 112826 little things that do not matter -repparttar 112827 necessities of life, in order to buyrepparttar 112828 big things - like my truck!! I still have more ideas for a later time. Remember, a lifetime of saving money as a philosophy!

Jack Lambert Why is everyone flocking to Startblaze? Go to http://www.startblaze.com/cgibin/startcgi?917 and you will find the answer!!!


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