Why You Should Store Gold Overseas to Protect Your Money

Gold has tangible value. Unlike the money in your bank or the cash in your pocket, gold is an asset with intrinsic worth. It has been valued for thousands of years—and that’s not about to change. In a banking crisis, U.S. banks may confiscate your money. This happened in Cyprus with the infamous “bail-in” of defenseless depositors.

3 Things You Need to Know to Open an Offshore Bank Account

Opening a bank account abroad has many benefits. It gives you access to investment opportunities not available in the U.S., protection from a drop in the value of your home currency, protection from professional liability and senseless lawsuits, increased privacy, and investment stability in the event of breakdowns in domestic markets as well as possible protection from foreign exchange controls.

What a Second Passport Can Do for You

Until about 100 years ago, you didn’t need a passport for international travel. If you were traveling for some official purpose, or needed a way to identify yourself, you often had the option of carrying one. But you didn’t need permission from anyone to cross international borders. For better or worse, that’s not how things are today. Your passport doesn't belong to you. It belongs to whatever government issues you a passport and it can be taken away, for any reason.