FEE
SCHEDULE
CORPORATIONS
FOUNDATIONS
CORPORATE ACCOUNTS
PERSONAL ACCOUNTS
MERCHANT ACCOUNTS
MAIL FORWARDING
PASSPORT PROGRAMS
INVESTMENTS
YACHT REGISTRATION
WEB HOSTING
REAL ESTATE
WHY
OFFSHORE?
WHY
PANAMA?
WHY
US?
PANAMA LINKS
 |
People use offshore corporations and foundations for several reasons including Asset Protection, Confidentiality, Privacy, Tax Minimization, Investment Diversification, International Trade, Estate Planning, and much more. A carefully designed corporate strategy using a Panama Corporation and/or Private Interest Foundation can assist you with each of the above mentioned areas.
Asset Protection:
By transferring your assets to a Panama Corporation and/or Foundation, you are automatically protecting your assets to the fullest extent. Without asset protection, you could suddenly lose everything you've worked so hard for. We live in a "litigious society", but do you know what that means to you? Lets take a look:
· 9 out of 10 lawsuits in the world are filed in the United States. The US has the highest rate of lawsuits in the world, followed by the UK, Canada, Australia, and New Zealand.
· A new lawsuit is filed every 30 seconds in the US. It is estimated that there are over 100,000 law school students in US law schools right now.
· If you own a business or practice a profession, you have one chance in three of being named a defendant in a lawsuit in the next year, and it is only getting worse.
Why you must act NOW to protect yourself:
Many people are completely unaware of one important legal fact of life...
Once someone files a lawsuit against you - or makes any other type of claim on your assets - it's too late to try to protect your wealth, 'get rid of it,' or move it offshore. (To do so is called "fraudulent conveyance" or "concealment of assets" - crimes in themselves.)
That means, if you wish to protect yourself, you have to act now, before it is too late. You must move your wealth offshore ahead of time for your asset protection plan to do any good. If you wait until you're facing trouble, you will certainly be out of luck.
If you quietly and inconspicuously move a portion of your wealth to a private, offshore corporate account, it can be virtually out of reach from anyone who might try to seize everything you own, whether it be a lawsuit or even a governing authority who decides to freeze your assets.
This is where your private offshore corporation and corporate bank account can come in very handy. Your private, corporate account, held by a foreign bank in a country with the strongest bank-secrecy laws on earth is truly the best protection you'll find.
You could be left penniless and in debt by any of the following:
· A negligence or injury claim, whether justified or not, that exceeds any insurance coverage you may have.
· Breach of contract through no fault of your own.
· A professional malpractice lawsuit.
· Lawsuits from disgruntled business partners or employees.
· Divorce.
· Huge fines for violating state or federal law due to actions of an employee.
· Claims from creditors if your business should fail.
· Catastrophic medical bills.
· Seizure of your home or other assets without due process by the customs or other government agencies with forfeiture power.
· A huge tax bill and escalating penalties following a tax audit.
Quote: "I thought I had it all - a beautiful home for my family, the car I had always wanted, a growing portfolio of investments, children in excellent schools, dream vacations with my wife, etc. But that all changed when I was served with process naming me as a Defendant in a huge lawsuit. It didn't matter that I was convinced that I had done nothing wrong. I lost everything I had. I still owe my attorney for the legal costs." - Terry James, LA.