Interview with PT Shamrock Privacy and Wealth Preservation Expert
By Grant Hall
PT Shamrock of www.PTShamrock.com, a privacy and wealth preservation website has agreed to do an interview and we are delighted to provide PT Shamrock’s privacy and money privacy insights as well as other valuable information to our reading audience.
Grant Hall interviewed PT Shamrock and this interview is posted for your information.
Please visit the PT Shamrock website at www.PTShamrock.com.
Enjoy the interview:
James Clark King, LLC
Grant Hall: Hello. Thank you for agreeing to provide information to our readers. The http://www.PTShamrock.com website has offered privacy information and products for a number of years. Certain products and authors are familiar as I read PT and PT 2 by W.G. Hill many years ago as well as a number of his other books. Also, the name Adam Starchild is familiar as I believe he wrote several passport reports some years ago. I believe the publisher of Hill's books, Scope International ceased doing business a while ago. Do Hill and Starchild still write? I found a book entitled PT III at www.PTShamrock.com. I did not see an author listed for this book. Is PT III a sequel to the first two PT books?
PT Shamrock: Thank you Grant for the opportunity for this interview and Happy New Year to you and your readers!
We’ve read a number of your books and reports over the years and highly recommend them to all readers.
I'm afraid Adam Starchild passed away some years back. Scope International sold its business to a large European (American owned) publishing firm many years ago and then that publishing company closed out all of the Scope reports. All such Scope/Hill reports are long ago outdated and out of stock/unavailable to the best of my knowledge.
I'm not 100% sure who wrote the PT III Report, but most certainly it wasn't the original W. G. Hill, who certainly used a nom de guerre. The real and original Hill, wrote only a few reports, PT I and PT II and a couple of other reports for Scope. Thereafter Scope used various writers to write Scope Reports, writing using the W.G. Hill name. As to the original W.G. Hill, he retired a number of years ago, and is probably sitting on a sunny beach somewhere in the world with a bunch of young lovelies around him!
Grant Hall: A well-known newsletter writer who is now deceased, Harry Schultz wrote that one of his career highlights was meeting W.G. Hill. So, I guess Dr. Hill actually lived and was not a character of fiction.
Harry Schultz' work and the books by Hill provided value to many who sought privacy. Of course, time and government policies tend to make it necessary to change privacy strategies. Do you find people today are seeking the same privacy solutions as a decade or two ago? What changes in goods and services have you made in servicing these privacy seeking clients in recent years? Which products and services are most popular at www.PTShamrock.com?
PT Shamrock: I'm sad to learn from you that Harry Schultz passed away. Yes W. G. Hill, certainly a pseudonym, was a real person and a good writer/story teller, although at times he failed to follow his own solid advice in his own reports.
As to privacy, privacy is a lot like your health: You don't miss it until its gone! And privacy as we knew it twenty, ten, even as little as five years ago, is dead. So, times change and people change and the queries we receive these days, many from novices who have not taken the time to research the ins and outs of privacy and offshore legal matters and services, has changed as well.
Today people, especially Americans, need to understand that it is very easy for them to break the numerous arcane offshore banking and corporate laws of their home country by not filling out and filing the numerous filing reports and forms required of them by their US government. PT Shamrock would be remiss if we didn't inform our potential customers of the legal requirements for them to file numerous reports and banking requirements/forms to their government before ordering any product or service from us. This is especially true for Americans. With laws like FATCA amongst others, [Foreign Account Tax Compliance Act - see https://www.irs.gov/businesses/corporations/foreign-account-tax-compliance-act-fatca] it is exceedingly impossible to bank privacy overseas for particularly everyone.
As of this writing It is NOT against the law for Americans and other nationalities to have a bank account offshore. However, it is against the law if an American doesn't report their offshore company and bank account/s that have had an aggregate amount of US$10,000 or the equivalent in the account for the calendar year.
Today, many inquirers ask the impossible of us. We don't and won't break laws just to obtain a paid order from someone. We'd rather lose a customer's business rather than lie to or mislead them just to make a sale and make money from them. We can't make chicken salad out of chicken scratch, especially for those "newbies" recently introduced or wanting to go offshore. Either do it right or don't do it at all. You'll only get yourself into serious problems so hire a professional!
PT Shamrock offers a cornucopia of products and services and we invite your readers to peruse our web site. However, to answer your question, legal nationalities and passports and offshore bank account are the products most sought after from our customers.
Many of our customers are repeat customers over the twenty one years we've been on the internet.
Grant Hall: I first visited Switzerland during the nineteen eighties. At that time, I remember speaking to a Swiss Banker who guaranteed the safety and security of money and privacy as banking privacy in Switzerland was a Swiss statute at that time and had been a Swiss law for many decades. I, for one, did not believe the Swiss would ever be pressured or persuaded to give up their banking clients' privacy which occurred a few years back when bank customers' privacy was given up during the landmark Union Bank of Switzerland case. Can you comment on banking secrecy today and the jurisdictions where money privacy and banking secrecy is recommended for those desiring financial privacy? Is the bearer bank account a viable option today?
Can you explain the mechanics of a bearer bank account for the benefit of our readers? On this same topic, money privacy, many desire to simply deposit currency in a safe or safe deposit box-especially today in the face of negative interest rates in a number of countries. Do you recommend home safes? Are safe deposit boxes held in foreign countries recommended?
PT Shamrock: Switzerland was once the best place to bank bar none. But those days are long gone. One needs to know that there is practically no banking privacy any longer, especially for American nationals. Even if an American has a second passport from another country, unless they have renounced their US citizenship in front of a US Embassy official and has the renunciation certificate to prove it, that person is still legally considered an American for banking and other purposes and therefore banks around the world would treat that person accordingly. In other words, most banks today, but not all, won't touch Americans trying to open an offshore bank account with a ten-foot pole due to the arcane banking compliance regulations demanded by the American authorities. Those banks that do accept Americans as offshore banking customers, will most certainly report their account to the American financial authorities.
Our best advice is not to break the laws of your country, especially if you still reside there. If you pay all the taxes your government says you owe, then you'll not get into any income tax problems. One doesn't want to have to look over their shoulders the rest of their lives, do they?
Take a look at the Panama Papers hacking scandal that exposed many thousands of so called "secret" bank accounts. At the end of the day, I'm sorry to say that the truth is there is no privacy/secrecy in banking period.
The bearer bank account is no longer possible. However, a ‘nominee share’ account is. See http://ptshamrock.com/anon-bank-acc.html for full particulars.
As to safe boxes, etc. your readers can download our free report called "Revealed: Where And How To Legally Buy, Move And Store Gold Abroad." at http://ptshamrock.com/gold_report.html. This report covers buying, holding, selling gold and stashing cash and valuables at numerous safe deposit boxes around the world.
However, hope springs eternal. If an American moves abroad and positions them self properly, they can greatly reduce their income tax liability legally and enjoy a very good lifestyle.
Foreign Earned Income Exclusion
If you meet certain requirements, you may qualify for the foreign earned income and foreign housing exclusions and the foreign housing deduction. If you are a U.S. citizen or a resident alien of the United States and you live abroad, you are taxed on your worldwide income. However, you may qualify to exclude from income up to an amount of your foreign earnings that is adjusted annually for inflation ($92,900 for 2011, $95,100 for 2012, $97,600 for 2013, $99,200 for 2014 and $100,800 for 2015). In addition, you can exclude or deduct certain foreign housing amounts.
Grant Hall: Is Bitcoin a viable money exchange for the privacy seeker? Please outline the advantages and any disadvantages of Bitcoin.
PT Shamrock: On the plus side, Bitcoin does offer anonymity for the purchase of or receiving payment for goods and services, limited as they are today. However only a small percentage of our customers currently remit payment to us using Bitcoin, which we gladly accept as one of our payment methods.
The major disadvantage I've experienced using Bitcoin, is the fluctuation of the exchange rate/s with Bitcoin. Bitcoin ended 2015 at $430.05 and is now around $932 for a gain of 116%. Although Bitcoin is trading over US$900 per Bitcoin as of this interview, [see the current exchange rates at http://bitcoincharts.com,] Bitcoin has experienced severe and erratic currency fluctuations over the years. If we need to exchange Bitcoin into a bank wire, as most of our providers currently do not accept Bitcoin from us as a payment method, this can cause havoc for ourselves as well as our Bitcoin paying customers.
Unlike some web sites promoting Bitcoin as 'the' solution to fiat currencies, personally I don't consider Bitcoin as an investment. It is a bit like trading forex or currencies. It's a bit of a gamble so govern yourself accordingly. Also, finding a reliable and safe Bitcoin exchanger is no easy task, and most require a passport copy and utility bill before accepting you as a client with unlimited remittances in and out using Bitcoin, at least if you wish to exchange Bitcoin into a currency for a bank wire.
Grant Hall: Second passports have long been desirable assets for privacy conscious individuals. As you know, Hill and others recommended the second passport as a safety net for those wanting to benefit from a second citizenship.And we know, there is a difference of perception by those in a position to "honor" these documents. Border crossing enforcement officials come to mind as well as bankers and other business people in foreign countries. Is a second passport valuable? Will a second passport be obtainable without putting in the time for residency in the country where citizenship is desired prior to obtaining the citizenship papers? Which countries offer the most desirable passports and what are the time and monetary commitments necessary to qualify for these documents? Can a first world passport be purchased outright if one has no desirable qualifications which may enable him/her to get fast track citizenship recognition? Certain artists and diplomats seem to have advantages unavailable to most.
PT Shamrock: Common sense should prevail at all times. If a person obtains a truly legal travel document, i.e. a second passport for example, from a Spanish speaking country in Central or South America, and that passport holder just happens to be a blond, blue eyed gringo that doesn't read nor speak any Spanish, knows little to nothing about the country of the passport they're holding; if stopped and questioned at some toll booth/immigration somewhere, most likely in Europe and especially in Central or South America, they will encounter serious problems. At the very least their passport most likely would be confiscated/sequestered and the holder of the passport would face some very nasty questioning. There's no joy in that!
So even with a perfectly legally obtained passport and nationality, at the very least the holder should speak or learn to and read a little of the local lingo, know who the countries president is, what the population of the country is, knows the countries national anthem and other pertinent answers to the questions that might be asked of them in the event they are ever stopped and questioned.
So, the answer to your question is yes, a legally obtained passport and nationality can be secured outright within a few months. See http://ptshamrock.com/south_pacific.html.
As to diplomatic passports, these are hard to come by and very expensive indeed. One needs to remember that one just cannot purchase a diplomatic passport, they have to be appointed to a diplomat position and granted the appointment by the host government; prove that they can and agree to do something for/help the country and promote it before being accepted as a diplomatic candidate. Further they most certainly have to prove their means or wealth before applying for any diplomatic appointment.
Grant Hall: Anonymous credit cards and ATM cards are cousins to a bank account providing anonymous banking. Is a credit card denominated in Eurodollars preferable to one in U.S. Dollars? If so, why? Can an anonymous ATM card be purchased which does not provide a paper trail to a confidential bank account?
PT Shamrock: Well Grant, you ask several questions in one; a debit card denominated either in Euro or US dollars, really doesn't make a difference IMHO. I would recommend a card using the currency where it will be most widely used for cash withdrawals. For example, a Euro denominated card should be used within the European Union locale and the UK, and a US$ card for persons withdrawing funds within the USA, Central and South American and most countries in Asia. This would save one money on currency exchange rates at the till or ATM machine that spews out cash upon withdrawals locally.
Yes, an anonymous card can be purchased using a pseudonym for the ID and utility bill, which is required by nearly all card sources these days. The NO ID option is quite a bit more expensive than if one supplies their own passport and utility bill copies for card acceptance purposes, but the NO ID offers total anonymity…. at a price.
To cut the paper trail is not easy. One would need to setup a pass-through bank account and remit funds to that pass-through account, then the pass-through account remits bank wires to the card source for loading purposes. Unless you receive a debit card with an offshore bank account, most stand-alone debit cards are NOT attached to a bank account. Loads for clients’ cards are remitted to the debit card source with a special ID code so the card source load the funds, less their fees, for the proper card. In this event loads, can be remitted from the card holder or any third party for that matter.
For Americans, it is important to remember that as of this writing, as the card is NOT a bank account, there are no current reporting requirements for cards that can hold many thousands of dollars. However, I'm sure this is likely to change in the near future, unfortunately.
Grant Hall: What are the advantages of a Panama Corporation? What other countries are valuable locations for trusts and corporations?
PT Shamrock: I believe that Panama companies, trusts and foundations have lost their luster. Panama is just too high profile and is frown on by many offshore banks these days. We offer much lower profile tax free, non-annual filing company jurisdictions. A Nevis self-directed trust which is very easy to operate and is quite economical is an excellent example.
Grant Hall: What assurances does one need prior to establishing a business relationship with an offshore company or bank providing money services? How does one perform their due diligence on these entities?
PT Shamrock: First check to make sure the firm or bank you select to conduct business with is NOT a new firm, bank or web site. Ensure that they have been online and in business for a number of years. Although not all new firms are crooks, many are and one must govern themselves accordingly. That said they are numerous long time and trusted web sites offering excellent products and services at reasonable cost.
An excellent way to verify the legitimacy and length of time a web firm has been on the internet is to go to the "Way Back Machine" at http://www.archive.org/and insert the firms web address into "Take Me Back" box and click search.
Remember a firm stays in business for a long time by servicing their customers in a timely and professional manner, producing and providing their customers by delivering the goods as agreed to and paid for.
To the best of our knowledge PT Shamrock is the oldest and longest existing privacy provider on the Internet. To verify this, go to the "Way Back Machine" at http://www.archive.org/ and place our web address http://www.ptshamrock.com into the "Take Me Back" box and click search.
We've been in business for more than 46 years and on the Internet since April 1996, longer than any other privacy site! Our free newsletter PTBuzz, has been published electronically continuously since our first bulletin newsletter in 1994.
Grant Hall: Can you explain the term PT for our readers? Can you explain the five flag (or six flag) theory?
PT Shamrock: Well you asked the question and the answer is a long one, so here goes;
PT - The Perpetual Traveler, Permanent Tourist, Prior Taxpayer = Perfect Thing!
In a nutshell, a PT merely arranges his or her paperwork in such a way that all governments consider him a tourist. A person who is just "Passing Through". The advantage is that being thought of by government officials as a person who is merely "Parked Temporarily", a PT is not subjected to taxes, military service, lawsuits, or persecution for partaking in innocent but forbidden pursuits or pleasures. Unlike most citizens or subjects, the PT will not be persecuted for his beliefs or lack of them. PT stands for many things: a PT can be a "Prior Taxpayer", "Permanent Tourist", "Practically Transparent", "Privacy Trained", "Party Thrower", "Priority Thinker", "Positive Thinker", "Prepared Totally", "Paranoid Together" or "Permanent Traveler" if he or she wants to be. The individual who is a PT can stay in one place most of the time. Or all of the time. PT is a concept, a way of life, a way of perceiving the universe and your place in it. One can be a full-time PT or a part-time PT. Some may not want to break out all at once, or become a PT at all. They just want to be aware of the possibilities, and be prepared to modify their lifestyle in the event of a crisis. Knowledge will make you sort of a PT. A "Possibility Thinker" who is "Prepared Thoroughly" for the future.
Prospects for Individual Freedom
Read history and you'll find human society is much like a river. At first it flows straight. A torrent of water breaks through seeking the shortest route to the sea. It goes in more or less straight line downhill. Then, every river or creek gradually bends like a snake. The great mathematician, Albert Einstein once wrote a paper explaining the mathematical reasons why water can't help winding and turning in every greater complexity. Depending on river flow and terrain, there will be many variations; shallows, rapids, eddies, branches, even dead-end ponds or lakes. Life forms grow and adapt to the changing river. Usually changes are imperceptible. Every once in a while there is a big flood. Then for a time, the river flows relatively straight again. For a little while.
In society, groups of human beings start off with simple rules which gradually develop into even more complex systems. Some members of the group benefit at the expense of others. Sooner or later, bends and kinks are eliminated by a major change in the government form. This can be the result of war, epidemic, or simply exhaustion. But surely as a river develops bends, a new bureaucracy will eventually grow.
What is perceived as an onerous burden to one person (a tax?) is perceived as a career opportunity to the tax collector. Thus, a good number of people at any time believe they are living in the best of all possible worlds at the best of all possible times. Simultaneously, others feel oppressed. Someone with the PT mentality who isn't living the PT life will perceive this situation as intolerable. "Everything is going to hell. Nothing is as good as it used to be."
What is the reality?
Simply that some people in any society (or fish in a river) will have it good (or bad) some of the time. Most of the people will have it good (or bad) most of the time. A few people will seem to have it very good all of the time. As I said in PT, happiness is a state of mind, a perception. Your reality is not necessarily my reality.
In Joseph Stalin's time, nobody could deny that from a personal freedom and material point of view, Joe himself (materially at least) had it pretty good -- even though no one else in the Soviet Union lived as well as he did. But I venture to say that if we asked Joe in 1950 if he was happy, he'd disregard the material aspect to focus on the fact that is life and the political system he ran was in constant danger. He survived only by deporting, jailing and murdering a few million of his (perceived) enemies every year.
Today in Russia, there is a new system offering vastly more economic opportunity and personal freedom. There are lots of newly rich Russians who for the first time in 75 years have the legal right to engage in commerce, travel and communications with foreigners. At the same time, in modern Russia, there is also more personal danger to the non-political guy on the street from violent criminals, and from economic circumstance. Would you be happy there?
Achieving stability, security and prosperity (or whatever social goals of a large group of people in general agree upon) plus encouraging individual freedom always involves a balancing act. Sometimes the main goal of a large group of people is enforcing certain religious beliefs. You can never please all the people and so, there is constant tinkering.
One way to read current events in trend settings countries like the U.S.A., where more and more people are being jailed for less and less (in the way of offences), is a decline in personal freedom. But a decline in freedom for those in jail can be interpreted as an increase in freedom for those outside. Those not incarcerated are free from disturbance by those offenders sent away. Few people complain about the incarceration of categories of bad people that they themselves do not feel they fit into.
A PT by definition is a non-conformist in a highly regulated, highly taxed, first world society. Thus, a PT must adapt in a special way. "How do I cope?" you ask. "How do I get myself and my family a material lifestyle better than anyone else or at least better than average?"
Merely asking this question would be offensive to a socialist who wants all people to be 'equal'. "How do I avoid conscription, confrontation, imprisonment and perhaps even death at the hands of my own government?" (This question is possibly treason in certain locations).
The answer for a PT is not difficult. Figure out what kind of behavior is being rewarded in the town (or country) where you live, and what kind of behavior is being punished. Then take the obvious path to make more money, sex, power, immortality, glory or whatever it is that you think you need. Obviously, you must avoid activities or behavior that gets you into trouble locally. If you can't exist comfortably where you are, or can't get what you want where you live; then look for opportunities (and restrictions) elsewhere in the world. Consider a physical move to where greater opportunities exist. Your particular river may have too many bends for your taste, but for the foreseeable future there will always be plenty of other rivers. Most fish are attached to a particular river, but you can choose to move to the environment that suits you best.
In some countries, entrepreneurs are richly rewarded. In the USA this is still true, but more so in unregulated, new fields of endeavor like say, computers. It is hard (but not impossible) to go to jail for coming up with the best-selling original innovation in software or hardware. Try to be innovative in American or Swiss banking and you will be breaking a million and one rules.
In countries like the Philippines and Thailand, it pays better to be a politician or army officer than a businessman. In Iran or anyplace where religious know nothings are in control, being a traditional community religious leader is less dangerous. It leads to respectability power and a good standard of living. You must match your personality and talents to a community that appreciates (or at least tolerates) you. Thus, the question to be concerned with is not "Where is the world heading?" but rather, "Where in the world should I be heading?"
The world's communities are heading in a myriad of different directions -- all at the same time. This is where the PT concept comes into play. By identifying several countries or communities where your favorite diversions or perversions are socially acceptable, you will avoid going to jail. If you like to smoke grass, do it in the Netherlands where it is legal. Obviously if you enjoy booze, don't go to the Muslim world. The key is to go to those locations where you can legally and openly do what you love most. If you want to earn a lot of money, or have power over other people, there are places in the world where you are far more likely to succeed than other's.
Having more than one passport, and an open mind is all that you need to make that vital difference to the amount of 'quality' you get out of life. You can be a Bad Guy! It doesn't really matter that ecologists make life difficult for real estate developers in your particular suburb. There are plenty of nice places in the world to develop (or depending on one's point of view, despoil).
Ecology isn't fashionable in Africa. Even if you are a homicidal maniac, you can always find some place in the world to be hired as a mercenary and hack away at innocent victims. And if you don't want to be an innocent victim, as a PT you can always go and live somewhere that is relatively safe from violent crime (like Monaco, New Zealand, Japan or Liechtenstein).
It is silly (in my opinion) to say things like 'individual freedom is being eroded all over the world,' It simply isn't true. There are different sorts of freedom and different sorts of slavery going on in hundreds of different places.
One can have a Swiss Family Robinson sort of freedom by becoming hermits on an uninhabited island. Living with or near other people always involves some compromises and some advantages. My idea of an ideal place to live is where I pay little or no taxes, don't have to risk getting my head shot off in any wars and I have a first-class Chinese take-away nearby. We can get what we want by living in any one of a dozen prosperous tax havens.
As a PT, you can expand your place of living options to virtually any locality. Unless you are an American, you needn't renounce and you don't even need two passports. Australian PT's live invisibly in New Zealand and Kiwis live in Oz. Any European can live indefinitely and nearly invisible in any other European country. The PT, being perceived by local cops and bureaucrats (if perceived at all) as a "Passing Through Tourist" who minds his own business, keeps a low profile, and avoids trouble. It is inconceivable that any other member of my family could ever be conscripted into any military service, jailed for any offence, or sent a bill for income tax. In any of the places I have lived as a PT over the dozens of years, if there was the merest whiff of trouble, I was off like Bambi. The only time when W. G. Hill had to move was when he made the mistake of confiding his PT status to his mail-drop operator.
To be a successful PT, your status and PT life should be your most closely guarded secret. But that's my point of view. Former General Colin Powell would no doubt say that he found freedom and a satisfying career in the military when other doors of opportunity were shut to him because of his race or background. General Powell is not a PT and surely wouldn't want to join our ranks any more than we would want to join the US army.
Fact to remember; 99% of the people in the world are not PT material. Over half are directly or indirectly employed or supported by the government! They wouldn't go for a PT style existence even if they could. If they thought about us, which we hope they won't, it would be to classify PT's as Penitentiary Targets.
Not even all millionaires are potential PT's An individual (one of my consulting clients) became a PT and bitterly regretted it. He cashed out of a multi-million dollar business, obtained another passport, picked up all his chips and moved to another country where he took up residence with one of the world's most beautiful and pleasant women. Yet he complains that his kick in life was having the prestige (and problems) that came with a lot of employees, a huge income, and a big, visible lifestyle. His old life included recognition he misses. Stuff like giving parties for the local lights, photos and a mention in the town's society pages. 'Now,' he says, 'I am a rich nobody!'. He finds the PT life boring. How about you?
Unlike this client, once I had enough money to live well, I found more satisfying things to do than running a business. My business career was a stepping stone, not something I wanted to do until I croaked in my office swivel chair. It was no thrill or satisfaction to spend most of my time defending inevitable private lawsuits and fighting public regulatory agencies. I found being a recognized local celebrity was a royal pain in the butt. Obviously, there are different strokes for different folks. It's also a function of age. At 20-35 maybe you need to make your mark on the world. At 55 maybe you love and read more.
Former Princess Di (who was younger than the typical age at which people decide to become PT's) apparently most of all, feared being sidelined out of the public eye. This writer feels the other way 'around'. Why? For lots of reasons. One is that people in the public eye are envied. There are and always have been non-entities lurking around. They want to harm those they envy. Little punks with lethal weapons stalk the rich and famous. Other threats are litigants, bureaucrats or journalists who can and will cut you down with lethal paperwork.
Notoriety, display or anything that attracts envy (or the other side of the coin, admiration) is to be avoided, at least by myself. Look at what happened to John Lennon. He never hurt anyone! The guy who shot him had no connection with him at all.
Even a flash car is a dangerous possession.
My personal experience is that when I drove a ten-year-old sturdy and reliable rust bucket, I never once had a problem. But, upon trading it for a shiny new red Mazda sports car, the perceived glamour of this car, attracted vandals, even in Monaco. As a result of my own personal experiences, my PT rule is to no longer partake of any conspicuous (i.e. visible) consumption. No flaunting of wealth or possessions, period.
That doesn't mean that I don't go to Joel Robushon's, the world's best restaurant in Paris, or get a high price massage and travel the world. You can, and maybe you should, rent a high-priced apartment in a high security building.
Going out for a long walk with my lady-love, my rule is she doesn't drip diamonds (not even fake ones) nor gold chains. Neither of us wears an expensive watch. Nor does she wear form fitting sexy clothes. We make a big effort to look like poverty personified: Mr. and Mrs. Dumpy, stumbling out for their evening shuffle.
Result? No unwelcome attention!
How much dough do you need?
One clear requirement for PT freedom and mobility is either a net worth that enables you to live off your assets, or a portable occupation that allows you to earn money without licenses, permits or a permanent place of business. In my travels, I've met street musicians, computer programmers and English teachers who are PT's though they may not know it. The report "PT", identified a lot of portable jobs.
The outlook for PT's is good. Even when places like the U.S.A. impose an exit tax on assets, there will always be ways for people, who make an effort, to move themselves and most of their assets to another country. In the old South Africa, rich people who wanted to expatriate assets and themselves often built yachts. They bought art works, jewelry, stamp collections and other portable wealth. Then they simply sailed off into the stars.
A small percentage but large number of Germans and Italians (Jewish and otherwise) were able to exit Europe for the U.S.A. and South America. They saw (as almost anyone could see) that war was in the air and things were going to get worse before they got better. People killed or imprisoned by governments usually have years of warning and plenty of signals that it is time to leave.
Don't be a Prisoner of your Possessions.
"Once we begin using material products to define ourselves, we are doomed to be on an endless treadmill of dissatisfaction". - Erich Fromm - in his book "To Have or To Be", 1979.
A good friend of mine who was in the midst of a crisis didn't leave. Why? Because his wife insisted on staying with her old friends, furniture and crockery. He will lose his freedom if he allows this foolishness. Another friend said he'd rather go to jail for twenty years than be separated forever from his old gang. Another person, an author known amongst his small niche of readers, didn't follow his own advice and ended up in jail in New Zealand. He only got out of being extradited back to America by paying a huge bribe! Talk about arrogance! There is an old French saying 'Chaque un à son gout'. Each to his own taste. Indeed, I prefer to be "Prepared Thoroughly".
The Only Certainty is Change
Some people (probably the vast majority) think that the centre of the universe is their home town. They actually think that they couldn't make it, or be happy anywhere else. Generations of people stay in hell holes or refugee camps where life itself is a terrible struggle. It is clear to them (from other who do escape), that a little effort and initiative would make a new life possible. But the majority don't make the move. They don't seek to better themselves. Why? The vast majority prefer the certainty of misery to the uncertainty of change.
For people living in relatively prosperous countries like today's U.S.A. or Scandinavia, some of the most wealthy and privileged will perceive that they are slaves living in gulags, birds in gilded cages. It is clearly a question of perception. But by becoming a PT and taking advantage of the opportunities available, any person can physically live wherever they want and escape most of the perceived negatives in their life. Finding freedom in an unfree world is possible if you simply decide what it is that you want to avoid, and what is important to you. Then, you take the steps to go where you want and do the things you want to do.
You Can Go Back to Where You Started From!
A very wealthy American guy named Dart who made his billions from foam coffee cups must have read 'PT'. But for all his billions he didn't get any intelligent advice on his PT transition. He moved to Belize.
Had he spoken to me, I'd have told him that Belize was a dump. It would be one of the last places a wealthy PT would invest or deal with government officials. Dart apparently wanted to emulate one of the characters in the 'Passport Report' who ultimately returned (as a tax-free diplomat) to his original U.S.A. place of residence. So Dart got his Consul General appointment from Belize. Then the U.S.A. wouldn't recognize him in his new role. His main problem? He didn't do his programme in a quiet and low profile way. Whilst I never met Mr. Dart, I imagine he used high priced big lawyers and accountants. This modus operandi almost guarantees litigation and problems.
A future PT doesn't disclose his PT intentions to anyone in his home country, especially lawyers, accountants, politicians, journalists, or potentially hostile ex-wives. We won't go over the motivations of all of these categories but a lawyer's interest is in making continuing fees and getting publicity to generate new future clients. This is exactly what a PT needs to avoid.
The big move, when it comes, is essentially a divorce from the system. It's an annulment from the old country's bureaucrats (government employees), lawyers (officers of the court) and accountants (IRS collection agents). It should cut you off physically from any potential litigants, especially alimony seeking women.
Dart could have quietly moved his money to safe havens so that Big Brother couldn't ever figure out what was where. His expatriation would have been handled with name changes in such a way as to make him invisible. He apparently has no backup passports besides Belize and no respectable countries where he could live. Although he can still do it, as part of the process, he should have made deals with desirable first rate countries for passports. His new home country, Belize, is a place where politicians milk a beached billionaire dry. The formerly easily purchased Belize passport might have been alright as one of several PT flags, but Belize is not a country where you actually wish to live or have any assets. Dart needed better advice. Think John McAfee and his troubles in Belize.
It is relatively easy to get a passport, by investment, ancestry or marriage in several countries of the European Union. The same is true of Canada, Singapore, Australia, or New Zealand. If a chap like Dart knew this, why should he chose a bung-hole like Belize, and why would he handle his affairs in such a way that muck-raking journalists could expose him and point fingers to louse up his PT plans. It is probable that he could still change course.
Don't waste time on meaningless speculations by trying to figure out what will happen in the world over the next 1,000 years. Fine if you want to write a book of predictions for which there is always a market. But for your own personal use there is no point in trying to figure out where the world his going politically, socially or economically. There is not even the hope of getting any useful answers.
The only answer is that everything will change. A 'PT' is Pragmatic. The PT mentality merely asks "Am I happy with what I am? Do I enjoy who I'm with and doing what I do?" If the answer is "No" (to any question), the next step is to make changes.
Start by reading, or re-reading PT Reports and books. [See http://www.ptshamrock.com/reports/index.html and http://www.ptshamrock.com/bookstore.html.]
Education is the key. Knowledge lights the way! The answer to your future lies in asking yourself, the right questions. Making predictions for the long-term future is not necessary. The very essence of being a PT is staying prepared for the unexpected and unpredictable changes. It is only necessary to 'see' the options and choose. The way forward is in your control, so stay in control and have a happy and fruitful life.
In 1964, the late Harry D. Schultz - the world's highest paid financial consultant, according to "Guinness Book of World Records", and author of a number of books on investing that were bestsellers in the 1970s - published a book entitled "How to Keep Your Money and Your Freedom". He espoused his Three Flags concept that described the need to have a second passport, a safe location for your assets outside your own country and a legal address in a tax haven. The concept later expanded to Five Flags by W.G. Hill to include a conventional place of business and a place to play.
Sorry for the lengthy dissertation, but you asked so I answered.
Grant Hall: I found another book on your site at http://www.PTShamrock.com, which I read years ago, entitled Portable Trades and Occupations. The prospect of making a living in another country once one decides to obtain a second passport is of interest to privacy oriented individuals and families. Has the use of the internet by most added to this list of businesses, occupations and professions available to those who choose to spend time in other countries or become perpetual travelers?
PT Shamrock: Well that's another long ago out of print report. However, the theory remains; Find a trade or occupation that you can operate, have fun with and make money from anywhere in the world with an internet connection and viola, you're a PT operating your business tax and hassle free from anywhere in the world of your choosing! Now that's hard to beat if I say so myself.
Grant Hall: If you have any additional information you would like to add, please do so. Also, point our readers to any links on your site or specific pages that you believe may be helpful for those new to the privacy lifestyle or those who may want to consider privacy living.
I would like to do this again one day, PT Shamrock as there is so much information on your website and we have only scratched the surface today, and there is much more to cover in the future which will be valuable for our readers.
You may post this interview on your site as well, PT Shamrock if you please.
PT Shamrock: Well Grant it's been our pleasure and thanks again for asking us to conduct this interview with you for your readers. Perhaps we'll do this again next year or when the time is opportune.
Yes, you're correct, there is so much information at our web site, it's almost information overload. However, in fairness we've been online for 21 years now and the information just keeps on growing. With web sites, such as yours, i.e. http://www.PrivacyCrisis.com and others, we thank you and all the other sites for bringing this privacy information and material to the public’s attention. Contrary to what most online web sites think, having honest competitors is a good thing. It offers customers a broader range of products and services, where they can select the most suitable products and services at the best prices that meets their requirements.
In the event your readers are interested; may I suggest first time visitors start at http://ptshamrock.com/welcome.html. Also, if they have any questions or queries, they can contact us at http://ptshamrock.com/contactus.htm. We'd be delighted to assist your readers to the best of our ability.
Your readers can also subscribe to our free bi-monthly privacy newsletter, PTBuzz, at http://ptshamrock.com/ptbuzz.html. We are exceedingly proud to announce that February 2017 marks our 23rd anniversary publishing PT Buzz, probably the oldest and best privacy newsletter on the Internet.