Take Your Business Offshore To Operate Tax Free

Take Your Business Offshore To Operate Tax Free
Take Your Business Offshore To Operate Tax FreeHow To Operate Your Business Tax Free

Sept. 1, 2014
Nashville, Tennessee

Editor’s Note: Lief is making his way back to Panama City today after last week’s Retire Overseas Conference in Nashville, Tennessee. Lief will be back online by Thursday to report on this hugely successful event. Meantime, he’s asked us to share this essay from him from the archives…

Dear Offshore Living Letter Reader,

The key advantage of going offshore is diversification. The good news is that you have the opportunity to diversify not only your investments in this way, but your life, too—both your personal life and your professional one.

That is, in today’s world, you can realize many benefits by taking your business offshore along with your investments and yourself—either your existing business or one you would like to start to fund your new life overseas.

Most important among these can be the tax benefits. Whether you have (or are considering building) a factory or an Internet business…whether you’re earning your income as a consultant or a laptop entrepreneur…taking your business offshore, especially if you’re a U.S. person, can result in significant tax advantages. Continue reading “Take Your Business Offshore To Operate Tax Free” »

Relocating Your Business To Reduce Your Tax Burden Is Not Unpatriotic But Common Sense

Relocating Your Business To Reduce Your Tax Burden Is Not Unpatriotic But Common Sense
Relocating Your Business To Reduce Your Tax Burden Is Not Unpatriotic But Common SenseWouldn’t It Be Easier Just To Stay Home?

Aug. 25, 2014
Nashville, Tennessee

Dear Offshore Living Letter Reader,

I’m “onshore” this week in Nashville for our once-a-year Retire Overseas Conference. We arrived in the States yesterday afternoon. Once we’d cleared U.S. immigration in Houston, where my wife was singled out as she is now every time she crosses the U.S. border for reasons no one with U.S. immigration seems to be able to explain, the experience of making our way to Nashville was painless.

The truth is, the United States is one of the easiest places in the world to live and travel. You might begin to wonder: Why do anything offshore in the first place? Easier, surely, just to stay put.

Overregulation and poor government stewardship of the people’s money are two reasons to consider voting with your feet and your finances and relocating yourself and your assets somewhere else.

However, I’d say that going offshore is better approached as an opportunity rather than an escape. Or, put another way, this isn’t a political decision. It’s a practical one.

In that context, what’s the real advantage of the Five Flags ideas I report on? Continue reading “Relocating Your Business To Reduce Your Tax Burden Is Not Unpatriotic But Common Sense” »