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Bowman Offshore Bank Transfers: Start an Offshore Company

Is the price tag on this year’s tax return still stinging? Are you tired of a high tax rate eating away at your hard-earned business and investment income?

Is the price tag on this year’s tax return still stinging? Are you tired of a high tax rate eating away at your hard-earned business and investment income?

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The right advice for your offshore business<br />

If you’ve found your way here, then you’ve probably already tried Googling “offshore comp<strong>an</strong>y.”<br />

And you’ve probably encountered blogs <strong>an</strong>d articles with conflicting information.<br />

“You need <strong>an</strong> X offshore corporation in Y part of the world.” “No, you need a Y offshore<br />

comp<strong>an</strong>y in X part of the world!”<br />

This information is likely written by people still living in the USA, still paying high taxes (you<br />

know, the same high taxes you’re trying to get out from under).<br />

This bad advice will not show you the legal path to low tax rates.<br />

And there’s <strong>an</strong>other red flag to watch out for from these “experts in theory”–there isn’t a single<br />

approach that will work for every business. You need to get advice from someone who<br />

underst<strong>an</strong>ds the global tax market, who underst<strong>an</strong>ds your business, <strong>an</strong>d who underst<strong>an</strong>ds your<br />

goals behind starting <strong>an</strong> offshore comp<strong>an</strong>y.<br />

Each type of business has specific needs, <strong>an</strong>d these needs are best served by personalized<br />

solutions. M<strong>an</strong>y of the offshore comp<strong>an</strong>y “service providers” out there are either ill-informed or<br />

outright frauds. And if you don’t know what to look for, it’s easy to get caught in their appealing,<br />

misleading pitch.<br />

What makes my advice different from the endless stream of “armchair expat” blogs out there?<br />

I’ve personally taken my tax rate from 43% to single-digit numbers with the help of the global<br />

tax market. And I’ve helped m<strong>an</strong>y others reduce taxes for their business (<strong>an</strong>d continue to do so<br />

through my exclusive coaching program).<br />

Years ago, I felt trapped underneath a hefty tax bill while trying to run my first successful<br />

comp<strong>an</strong>y. Unlike most business owners, I decided to do something about it. Now I travel the<br />

world, paying single-digit taxes <strong>an</strong>d helping others build this lifestyle for themselves.<br />

Think about it–every day that goes by where you sit in the US, or C<strong>an</strong>ada, or Australia, reading a<br />

blog about starting <strong>an</strong> offshore comp<strong>an</strong>y, is <strong>an</strong>other day you lose money to high tax rates.<br />

How does starting <strong>an</strong> offshore business really work?<br />

The “why” behind offshore comp<strong>an</strong>ies<br />

A prevailing image of the offshore comp<strong>an</strong>y industry is one of money laundering, g<strong>an</strong>gsters,<br />

drug money, <strong>an</strong>d villains wearing white linen suits (that are–somehow–never stained by the<br />

cognac they always seem to be drinking).<br />

In reality, it’s not that sexy (although your particular cognac consumption <strong>an</strong>d linen suit-count<br />

may vary). <strong>Offshore</strong> comp<strong>an</strong>ies are entities that people create in order to legally take adv<strong>an</strong>tage<br />

of the global tax market.<br />

The benefits of <strong>an</strong> offshore corporation c<strong>an</strong> include protecting assets from impending litigation,<br />

shifting the tax burden imposed upon the comp<strong>an</strong>y, <strong>an</strong>d protecting the comp<strong>an</strong>y from political<br />

unrest <strong>an</strong>d economic instability within the country of the owners.

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