Archive for 'new mexico llc'
Surveillance State
Wednesday, April 18th, 2012 at
8:33 am
Comments Off
Privacy, Profits and Asset Protection – An Unconventional Plan
Tuesday, March 27th, 2012 at
10:12 pm
Comments Off
The following plan is not for everyone. It is only for those those who have a burning desire to life to the fullest. It is for those of you who wish to live your life free from the parasites who seek to live at your expense. It is for those of you who no longer wish to be a slave to others.
Here are the 4 Steps:
Step 1. Move all assets out of your own name and into separate legal entities such as the Invisible New Mexico LLC. Protect your IRA with the Designer IRA strategy.
Step 2. Set up your own internet business as a Platinum Affiliate with our company. This will enable you to earn an online income from anywhere in the world. All you do is give away our FREE Asset Protection Crash Course using your Affiliate Link and you can get paid for referred sales. Your Platinum Membership comes with your own internet business, an Invisible New Mexico LLC, and all of the other benefits listed at this link:
Platinum Membership & Affiliate Program
With your new business you can now legally reduce your taxable income by taking advantage of all of the tax benefits and deductions available to business owners. (click on this link for an example).
Step 3. As your income and assets grow, set up international entities like IBC’s, Trusts, and Foundations to take advantage of asset diversification, jurisdictional diversification, and international tax planning. Most people can stop at this point and be totally happy.
Step 4. For those who want a little more, and don’t mind the extra effort, they can choose to become “Perpetual Travelers”. David MacGregor explains it well:
The essence of this strategy is that you need to divide up your “life” into different jurisdictional bases. For example, you would want to become a resident of a place which requires little or no tax. Ideally, you want to become a resident of a tax haven. This lays the foundation of your lifestyle – for as a legal resident of such a place, you are not liable for any domestic tax on your income.
The next step is to arrange your financial affairs in yet another tax haven, while protecting your assets in a different one again. Finally, you would set up your legal business structure in a different jurisdiction from any of the others. And once you have achieved all of that – you are free to actually live anywhere on earth – as a visitor.
Most reasonable countries will allow you to stay up to 6 months as a tourist – and as a tourist you are not liable for any taxes (apart from various sales taxes etc.) When your time is up, you simply move on to your next favourite destination – and repeat the process. You don’t have to move to a different country all the time, but can choose say three places which you will spend your time in each year (or even two places). The only proviso is that you mustn’t stay longer than the prescribed time that qualifies you as a tourist. Stay longer – and you will be deemed a “resident for tax purposes”, and be liable for tax.
Naturally, this option is not for everybody, as many people would feel uncomfortable uprooting themselves and living as cybergypsies. But it does offer a legal way to live a tax-free lifestyle – and to permanently remove bureaucrats from your life. And perhaps the most appealing aspect of this strategy is its simplicity.
The “PT” option was devised by the famous investment adviser and newsletter writer, Harry Schultz and popularized by WG Hill – in his now-famous book “PT – The Perpetual Traveler”. Note for US citizens: to benefit from this option, you would need to give up your US citizenship and its obligation of filing tax returns, no matter where you are on earth. Unlike most countries, who only tax residents, the USA taxes on the basis of both residency AND citizenship.
The Agorist Approach
The following strategy is not recommended because many of the tactics ignore local laws. Nevertheless, it is worthy of study for the privacy & protection strategies that are utilized.
Step 1. Move assets out of your name using entities like limited liability companies, corporations, and trusts.
Step 2. Quit working for others and go into business for yourself. Many people can simply quit their current job and then contract back with their old company as an Independent Contractor. You can do this in your own name or through a separate, legal entity such as a limited liability company, a corporation, or a trust.
Step 3. Stay out of databases, become “low-profile”, and avoid traditional banking as much as possible.
Step 4. Deal in cash, money orders, recycled checks, precious metals, and barter for local transactions. Use digital currencies like bitcoin for distance transactions.
Here are some written works that explain the philosophy and tactics of Agorism:
An Agorist Primer: Counter-Economics, Total Freedom, and You
The Second Realm – Book on Strategy
Alongside Night (fiction)
A Lodging of Wayfaring Men (fiction)
Exclusive: Government Activating FEMA Camps Across U.S.
Tuesday, December 6th, 2011 at
9:15 pm
Comments Off
Anxious Greeks Emptying Their Bank Accounts
Tuesday, December 6th, 2011 at
11:09 am
Comments Off
By Ferry Batzoglou in Athens
Georgios Provopoulos, the governor of the central bank of Greece, is a man of statistics, and they speak a clear language. “In September and October, savings and time deposits fell by a further 13 to 14 billion euros. In the first 10 days of November the decline continued on a large scale,” he recently told the economic affairs committee of the Greek parliament.
With disarming honesty, the central banker explained to the lawmakers why the Greek economy isn’t managing to recover from a recession that has gone on for three years now: “Our banking system lacks the scope to finance growth.”
He means that the outflow of funds from Greek bank accounts has been accelerating rapidly. At the start of 2010, savings and time deposits held by private households in Greece totalled €237.7 billion — by the end of 2011, they had fallen by €49 billion. Since then, the decline has been gaining momentum. Savings fell by a further €5.4 billion in September and by an estimated €8.5 billion in October — the biggest monthly outflow of funds since the start of the debt crisis in late 2009.
The raid on bank accounts stems from deep uncertainty in Greek households which culminated in early November during the political turmoil that followed the announcement by then-Prime Minister Georgios Papandreou of a referendum on the second Greek bailout package.
Papandreou withdrew the plan and stepped down following an outcry among other European leaders against the referendum, and a new government was formed on Nov. 11 under former central banker Loukas Papademos. That appears to have slowed the drop in bank savings, at least for the time being.
Bank Withdrawals Worsening Crisis
Nevertheless, the Greeks today only have €170 billion in savings — almost 30 percent less than at the start of 2010.
The hemorrhaging of bank savings has had a disastrous impact on the economy. Many companies have had to tap into their reserves during the recession because banks have become more reluctant to lend. More Greek families are now living off their savings because they have lost their jobs or have had their salaries or pensions cut.
In August, unemployment reached 18.4 percent. Many Greeks now hoard their savings in their homes because they are worried the banking system may collapse.
Those who can are trying to shift their funds abroad. The Greek central bank estimates that around a fifth of the deposits withdrawn have been moved out of the country. “There is a lot of uncertainty,” says Panagiotis Nikoloudis, president of the National Agency for Combating Money Laundering.
The banks are exploiting that insecurity. “They are asking their customers whether they wouldn’t rather invest their money in Liechtenstein, Switzerland or Germany.”
Nikoloudis has detected a further trend. At first, it was just a few people trying to withdraw large sums of money. Now it’s large numbers of people moving small sums. Ypatia K., a 55-year-old bank worker from Athens, can confirm that. “The customers, especially small savers, have recently been withdrawing sums of €3,000, €4,000 or €5,000. That was panic,” she said.
Marina S., a 74-year-old widow from Athens, said she has to be extra careful with money these days. “I have no choice but to withdraw money from my savings,” she said.
Bad Loans
The shrinking Greek bank deposits compare with bank loans totalling €253 million. Analysts say the share of bad loans could rise to 20 percent next year, or €50 billion, as a result of the recession. This in turn will worsen the already pressing liquidity problems faced by Greek banks.
Nikos B., a doctor in the Greek military, has had enough of the never-ending crisis his country is going through. While the 31-year-old has a secure job, repeated salary cuts have made it increasingly hard for him to make ends meet.
He needs most of his money to make loan repayments for a small car. “How can I clear my account? There’s hardly anything in it,” he says. He started learning German two months ago and wants to leave Greece. “As soon as possible!”
Nikos pauses and looks down. He quietly utters words that must be painful for a proud Greek. “It would be best to change nationality.”
Q&A Conference Call Playback Info…
Thursday, September 29th, 2011 at
7:09 pm
Comments Off
Listen to a recorded live Q & A Asset Protection & Privacy Conference Call:
.MP3 version:
.WAV file:
Bitcoin Accepted Here
BARTERCOIN Accepted Here
