But if, by contrast, you’re interested in ways you can go abroad and not only increase your quality of life by living better for less... but perhaps also protect your savings, grow your nest egg, and build a legacy for your children and their children... then read on. There are benefits of having a foothold abroad—advantages beyond the obvious ones like lower costs, a higher quality of life, and the prospect of real adventure.
In 2005, Singapore began adopting laws patterned after Switzerland’s. Laws that tightened its bank secrecy. But unlike land-locked Switzerland, Singapore sits at the center of Asia’s booming demand for raw materials, close to many key physical markets. It also beats Switzerland on taxes. Official corporate tax rates in Singapore have fallen by 3% to 17% over the past five years...
Down through history, whenever a major war or other calamity has threatened, ever-greater hoards of foreign cash have flowed into Swiss bank accounts because the world knows Switzerland traditionally stands for safety.
With more than three in five U.S. workers in their 50s and 60s planning on working past 65 (and over half of them planning on working into their 70s and beyond), the American Dream continues to die a death. IL's Chris Hunter offers some sound advice on what you can do to protect your retirement.
Haven nations in which privacy was expected, guaranteed and delivered were numerous just two or three decades ago. They're many fewer today. But you do still have choices. Which is right for you?