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FATCA

What Is FATCA? And How Can You Manage And Conquer It?

FATCA Is A Big, Bad Deal…
But You Do Have The Power
To Conquer It

Despite the prosperity it has enjoyed under a free market, the United States in 2009 enacted legislation that many people view as the start of capital controls in America.

That legislation is found hidden in a jobs’ bill, H.R. 2847 (also known as the HIRE Act), which became law in March 2010. Title V of the law largely encompasses the Foreign Account Tax Compliance Act of 2009, or FATCA.

The point of FATCA is to filter all money going out of the United States. Unless the bank is on a certain list, any transaction over $50,000 is imposed with a 30% withholding. In theory, it’s that simple. In practice, of course, it’s a big mess.

Why are foreign banks complying? Because the U.S. dollar is still the global reserve currency. Everything goes through the United States, even if it doesn’t have to do with the United States. Money going from Austria to Italy goes to NYC first.

The entire exercise is a waste of resources, and many people are going to lose a lot of time and money. Your only option is to comply. Report and comply. Unless you want to go to jail.

FATCA is what it is, but it doesn’t need to hurt you.

That’s the critical point: This truly means nothing for you if you’re set up correctly. You have legal, compliant options.

Go Offshore Today

Sign up for our free daily dispatch Offshore Living Letter and immediately receive our FREE research report on how to live tax-free today, while earning up to $208,200!

Twice a week you will discover the absolute best locations to invest, buy foreign property, diversify, and protect your hard-earned assets.

We’re here to help…

In our latest report, Managing FATCA–What It Is… And How To Overcome It, we navigate you through the important aspects of FATCA that you must know if you intend to invest outside of the United States.

More importantly, we walk you through multiple options on how to not only manage FATCA, but also how to set up your affairs so that you can avoid lawsuits, increase your wealth, protect yourself against market and currency collapses, and mitigate your entire tax burden.

This is an invaluable resource for anyone looking to protect their assets and grow their wealth.

Best of all, the report is absolutely free.

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Offshore Living Letter.