Large Investment - Any Financial Advisors?

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Large Investment - Any Financial Advisors?

01-22-2008, 09:09 PM

clyon

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Quote:

Originally Posted by benk777

Correct me if I'm wrong, but with an offshore account I'll still pay taxes on any income that I "pay" myself back to the states, correct? Plus, don't you need a set up and established offshore account well before you can deposit funds?

Ben

Well you use an ATM card that is linked too the off shore account to do withdraws & use that ATM to pay for everything. You try to never too 'touch' the money & use a safety deposit box(s) at a bank(s) to store cash.

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