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Nevis or belize, which has stonger asset protection?

Oh ok.. The hard part is getting permanent residence visa i think
Here what you do

(a) Find a offshore corporation law firm that does Re-mailing services and register a double entry corporation and a foundation. The corporation should be a holding company for the business you are operating and the foundation should be the owner of the corporation. This should protect you from lawsuits.

Take up residence anywhere even in the same country cause it does not matter since you are doing business virtual

(b) Get a second Re-mailing address else where so that when any correspondence arrive at the first address is sent to the second. You use the second to collect all paper correspondence and this give you something like a solid address. You can drop by anytime and pick up correspondence etc. Also get a foreign country
phone number which can be found with a simple google search, use VPN connection at all times online include Brave Browser which will unable anyone from tracing or tacking you.

Through the aid of your offshore corporation agent they should be able to put you in contact with a bank through their years of operation and connections.

Once your account is set up and operating virtual you are all set but do not forget to also open several alternative bank accounts such as Transferwise etc.

Never leave all your money in one place try to plant seed around in different places. Best you do business with Investment banks and investment bankers. With your money all over the place like a farm bearing crops you should reap a good harvest in the future. Therefore if something bad happen you can always disappear some where else and still have control over your finances as long as you do not depend on one solid bank.

The book you want can be downloaded here http://gen.lib.rus.ec

Good Luck!
 
Hi All,

New to this forum and reading some threads.

Indeed the jurisdictions come with all kinds of restrictions of what you're not allowed to exercise.
As a thought, if you run the business as an online communications platform, and providing customers with a login form so the actual activities are hidden, think you're good.

As was mentioned before, indeed don't leave your funds in a Caribbean bank. If you're lucky they're B-rated but what does that do. Find a way (via the lawyer) to open the holdings account in a US/European bank.

Decided to go for a Nevis Multiform Foundation (to be used as an LLC as well).

In regards to asset protection, as a foundation doesn't have owners (e.g. by shares) it is in first place rather difficult to prove who's controlling it while using nominees as you only have a secretary and a board member, but no actual shareholding. They're providing you with a POA but nothing proves the controlling person actually gave permission on that. The docs of a Nevis LLC FDN are not being published so it can be verified on an open portal as well.

Using a separate IBC in another jurisdiction to exercise some activities whilst holding the shares under the foundation. Firstly I opened the IBC and after incorporation the shares were sold to the foundation, also making the IBC the founder of the foundation. So with two single entities you have a closes loop. Seems like a dog chasing his own tail. Instead of transferring profits you can make contributions to the foundation.

The overal expenses to get all up and running (including bank accounts) are below $4K initial set up. Follow up year is around $1500 in total for both entities including nominees etc.

Any thoughts on this?
 
@OFFSUREFDN "Nevis Multiform Foundation (to be used as an LLC as well)"

WTF is this? doh948"" Even if it exists, I don't think anyone but Nevis will recognize this legal form.
It's like saying "We're a non-profit Catholic Church but we're also a little capitalist and we distribute profits from the donations we receive".

Foundations never engage in for-profit business! If they're allowed to do so in Nevis, I must ask if 2nd semester law students write laws there?
 

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