Moving To Avoid Wealth Seizure

USA Today has pegged the amount of unfunded promises by the US government at nearly $100 trillion dollars. That covers local, state, and federal promises. How can anyone with actual money avoid wealth seizure by the government the day some of those promises have to be paid for?


It's a fair question. The unbelievably high number above doesn't even begin to take into account the next round of stimulus spending that is being proposed, or the cost of the cap and trade program. The government is spending itself into a corner, and desperate times call for desperate measures.

So how can you avoid wealth seizure by the government? It's not their money, and they take enough of it already through the existing tax programs. Seeking an alternative to more of the same is not just legal, but prudent.

One way to get the government's hands off your money is by restricting access to those funds. This can be done in a number of ways, but one of the most consistently effective methods is to simply move yourself and your money offshore. You can enjoy a first class lifestyle in an international playground, and reap the benefits for years.

Declaring residency abroad relieves you of having to pay a number of pernicious little taxes on everything. You can avoid wealth seizure of the creeping kind by taking advantage of tax breaks offered by other countries to investors, and the tax breaks given by the US government to those who live overseas. If you are very smart about it, you can eliminate your tax burden altogether.

Until you step out of the system, you may not realize the extent to which you are taxed to death within it. Taxes on lights, cell phone service, ice cream, shoes, and thousands of other basic consumer items eat away at your nest egg. Throw in property taxes, school taxes, sales taxes, and income taxes and you can see that you are escaping quite a lot of grasping fingers when you move abroad.

As an additional bonus, when you move to avoid wealth seizure, you may also have the opportunity to diversify out of dollar denominated investments. This will allow you to hedge against devaluation of the dollar, and protect you from inflation. It's protecting your wealth on multiple levels, making the reasons to not move away less valid day by day.

By: Peter Treble

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