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.

How to Open an Offshore Bank Account From Home

An international bank account is always a good idea, particularly if you live, work, invest, or own property abroad. It allows you to control your money wherever you are on the globe, and it is your key to international investment opportunities. Even if you put a few thousand dollars in a non-U.S. bank, you still have the opportunity to take advantage of several key benefits of offshore banking.

The Truth About the Panama Papers and Offshore Strategies

If you’ve been keeping up with the stories about the Panama Papers in the mainstream media recently, you’d be forgiven for equating the word “offshore” with tax evasion, money laundering, and other criminal behavior. But there’s one small detail the media isn’t disclosing: The vast majority of the individuals whose confidential financial data was stolen weren’t doing anything illegal. According to the International Consortium of Investigative Journalists (ICIJ), which coordinated the review of the documents, more than 320,000 offshore entities appear in the leak.