Harbor Financial Services | Rock Solid Security

HFS's multi-jurisdictional approach to establishing offshore structures means one thing to clients: rock-solid security.

Our approach centers on the tried-and-true axiom: never put all your eggs in one basket. This is especially true when going offshore. When HFS establishes offshore structures, we recommend that clients avoid placing all of their "eggs" in a single offshore jurisdiction. Instead, we recommend that multiple offshore locations be used. The goal is to form a structure that, when put in place, makes a puzzle that is too difficult for any third party (governments, litigators, creditors) to put back together. In this manner, a client’s assets remain hidden from anyone who might like to find them. Furthermore, if a third party went to the point of trying to go offshore and take a client’s money away, they would face the impossible task of having to go from island to island looking for funds. This would ensure that they would come away empty handed and that the client’s money remained in the client’s hands.

A typical structure that HFS establishes uses 3 to 5 offshore locations.

Here is an example of such a plan: An IBC is formed in Belize; its shares are owned by a trust in The Bahamas. The IBC’s mailing address is in Nevis. Its bank account is in Antigua, and its brokerage account is in Panama. The use of 5 offshore jurisdictions makes a chain that can’t be easily broken. When HFS forms an offshore structure using many locations, client’s assets will be as safe as they can be.

HFS has the expertise and international connections to put together such a structure for all clients. If you would like to have a plan custom tailored to your situation, please visit the Offshore Planning Center or Contact HFS with any questions.

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