Open Up a New Horizon to Attain Financial Freedom

Dr. Purushothaman
October 16, 2013

Open Up a New Horizon to Attain Financial Freedom

"Don't bring your need to marketplace, bring your skill. If you don't feel well, tell your doctor, but not the marketplace. If you need money go to the bank, but not the market place"- said of a man known as one of the great wordsmith of all times and honed his craft like a skilled artist-helping people over the world sculpt life strategies that have expanded their imagination of what is possible.

The economic disaster we've suffered from the year 2008 has now turned into global economic crisis. Indeed, there are a number of imposing approaches to attempt and address, such inclusive dilemma and global meltdown shall affect the livelihoods of almost everyone in an increasingly interconnected world. Definitely at this time around, a more set of financial strategy to attain financial freedom needs to be well thought and implement. Let's face it; a totalitarian rule of a government is definitely a political power that doesn't merely affect our lives but constantly in our financial state.

We are now living in the electronically connected world and it is possible to live outside of your home country, bank in another country and set up an offshore corporation to handle all banking and financial matters as well as to obtain offshore banking benefits.

Keeping cash in your own country is absolutely risky to do and may take a substantial risk the same as your funds are not secured from authorized withdrawals and freeloaders. As an investor and depositor you are owe to pay tax bill because your own government siphons off automatically your cash so instead putting your investment in good terms, the burdensome pretty rules arise. It is vital to notice what should be the first step to defense against potential risk against seizure of funds, bank failures and devaluation of savings. You and anyone who is concern about personal financial situation should have an offshore bank account and have an investment such as offshore investment bond.

What is offshore investment bond?

Offshore investment bond can provide your money the chance to grow without having a worry to pay excessive amounts of taxes; gaining and providing a much higher degree of privacy. This is accessible to anyone and tends to be more flexible than a qualifying pension product and a life assurance where you may buy and sell the chosen underlying assets without reference to capital gain tax. Its aim is to provide flexibility to achieve a client's specific investment objective.

You can find the best offshore banks based on the age assets, strength of loan portfolio, management, track record, currency, country of location and licensures. Best offshore banks are high-disputable and customer friendly where you can find financial affairs, security and privacy.

Offshore banking is definitely an alternative solution on how to deal with all kinds of financial instability, uncertainty and funds seizures. Choosing carefully the offshore bank jurisdictions would be a big factor and a great advantage, as well as opening an offshore bank account by means of yourself could save hundreds of your dollars.

The global economy is not fully recovered and it's unsurpassed if you will be responsive and prudent and have an efficient banking strategy on how to survive from impending economic storm either you are investor, depositor, financer or just a typical occupant.

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