Having seen the benefits that going offshore has to offer, the next step
is to learn how the process actually works.
How does a person "go offshore"?Having guided numerous clients from all over the world through the process, HFS makes going offshore easy to understand. The process of going offshore is described in detail
below for those who want to thoroughly understand it. However, clients don’t have to become offshore experts to take advantage of offshore tools. HFS takes care of all of the steps below
and does all of the necessary back-end work so that clients can go offshore without leaving their desks.
Introduction: To “go offshore” simply means to place assets outside of one’s home country.
This is accomplished through taking several steps. These steps are the same regardless of
the reason for going offshore. For maximum privacy and protection, the steps should involve
multiple offshore jurisdictions. Visit Rock Solid Security for an explanation of our unique,
multi-jurisdictional approach and how it protects assets FAR better than using a single offshore country.
Step 1. International Business Corporation (IBC)
The first step in forming an offshore structure is to form a corporation (IBC) in an offshore country. Don’t be confused by the word "corporation".
There is no requirement to start an actual, running business or to travel to where the IBC is formed. An IBC is established so that the client has a legal
entity that can own assets such as property, investments and bank accounts in its name rather than the client’s personal name. Moving assets into the IBC will keep
them out of the reach of third parties
and in their rightful hands: yours. Learn More
Step 2. Offshore Trust
Once the IBC is in place, an additional layer of protection is added. An offshore trust is created which becomes the owner of the IBC. This further
removes any connection between the
client’s personal name and his or her assets.
Step 3. Offshore Accounts
After the IBC and offshore trust have been formed, the founder may then move assets under the protective umbrella of these offshore entities. This is accomplished
via offshore bank accounts, offshore brokerage accounts and offshore precious metals accounts.
Step 4. Offshore Address
The last step in going offshore is to establish an offshore mail forwarding address. An offshore address will ensure that the wrong eyes never view sensitive information.
Next: Client Profiles
Step 5. Security
Your assets are now secure. You can breathe easier knowing that your assets are private, safe, secure, out of harm’s way, and will remain in their rightful hands: yours.