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Go Back   Talkgold HYIP, Investment & Money Forum > Other Ways to Make/Save Money > Taxes, Offshore Banks, and Legal Issues
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Old 03-10-2009, 11:14 PM
SportsBettingSystem SportsBettingSystem is offline
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Join Date: Feb 2009
Posts: 21
Default I can not decide which structure to set up

I am a citizen and resident of the UK, and will be moving to either
Isle of Man or another tax haven soon.

My income is from trading and I don't wish to have any property in the UK
- as they class you as resident if you have UK property.

The property I currently have is in a UK company - hence I want to transfer
it to an offshore company (no mortgage on it so no need for any refinance)

Then I can sell it at a later date - (the offshore company will sell it)

I currently hold a UK passport.

If I move to the Isle of man - I can exchange for a Isle of Man passport

Regarding my trading:

Some of the brokers are in the USA, but if that becomes a problem - I

will not open them in the USA, as I can open with some brokers in the

UK or germany. There is no shortage of brokers. I trade

forex/futures/options ( I also like sports betting systems as a hobby)

If an LLC is ideal - then we can go ahead and do that.

I need it anonymous so I am not the owner or manager.

if an IBC is the best option - we can go with that

Again, I need to use it to open trading accounts.
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  #2  
Old 03-14-2009, 08:26 PM
Power Privacy Power Privacy is offline
Amateur Investor
Join Date: Jan 2006
Posts: 39
Default Re: I can not decide which structure to set up

Here's a free article we've published free that illuminates some structures to NOT pursue:

The overlooked weakness of offshore corporations, foundations & trusts - International business corporations (IBCs), trusts, LLCs and foundations can't protect the privacy of your finances to the degree you might think. Here's why.
http://www.powerprivacy.com/site.php...trustsandibcs/

Some other resources that might be useful, available only to members:

Opening a U.S. bank account with little to no ID - A U.S. bank account must usually be opened in-person with multiple pieces of verifiable ID. Not so if you follow these procedures. But hurry - they may not work forever.
http://www.powerprivacy.com/site.php..._bank_account/

The top 9 ways of moving money silently - The nine most effective ways to move money through the world's financial systems while staying under the radar.
http://www.powerprivacy.com/site.php...oney_silently/

What you need to know about camouflage identification - Fake ID is illegal in many areas. But that doesn't stop people from using it. How to avoid fake ID scams on the Internet, find banking passports, find local providers in your own backyard, and more.
http://www.powerprivacy.com/site.php/arti/read/fake_id/
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Power Privacy
'how-to' articles, reviews, community, resources and more
anonymous proxy | offshore banking | internet privacy
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  #3  
Old 06-27-2009, 03:50 PM
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contrarian contrarian is offline
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Join Date: Jan 2009
Location: Sunny England
Posts: 608
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Default Re: I can not decide which structure to set up

Quote:
Originally Posted by SportsBettingSystem
I am a citizen and resident of the UK, and will be moving to either
Isle of Man or another tax haven soon.

My income is from trading and I don't wish to have any property in the UK
- as they class you as resident if you have UK property.

The property I currently have is in a UK company - hence I want to transfer
it to an offshore company (no mortgage on it so no need for any refinance)

Then I can sell it at a later date - (the offshore company will sell it)

I currently hold a UK passport.

If I move to the Isle of man - I can exchange for a Isle of Man passport

Regarding my trading:

Some of the brokers are in the USA, but if that becomes a problem - I

will not open them in the USA, as I can open with some brokers in the

UK or germany. There is no shortage of brokers. I trade

forex/futures/options ( I also like sports betting systems as a hobby)

If an LLC is ideal - then we can go ahead and do that.

I need it anonymous so I am not the owner or manager.

if an IBC is the best option - we can go with that

Again, I need to use it to open trading accounts.
I have a question:

Why?
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