Can bank secrecy in the U.S.A. prevent financial privacy invasions?
Where do privacy experts interested in financial privacy for their liquid investments turn when they want to avoid banking privacy invasions from governments and private sources? Surprisingly, serious privacy seekers who are residents of the U.S.A. are finding traditional banking havens unsuitable for financial privacy today. And instead, they are exploring bank privacy opportunities at home.
Saying goodbye to Swiss Banks and their “banking secrecy”
Once upon a time in America, your money was your business. For those with a lot of cash to stash, Swiss banks provided a safe haven from preying eyes, and promised confidentiality while citing laws, tradition, and policy as anchors to keep your investments safe from preying eyes forever. And if the Swiss were not good enough, Leitchenstien, Austria, Grand Cayman, or Nevis were options worth exploring.
Foreign bank secrecy does not provide the answer to avoiding money and investment seizures in view of certain foreign jurisdictions rolloing over to the pressures of Big Bureaucrat.
The prudent investor can win the battle of keeping money secrets while keeping his cash right under the nose of the enemy without risk of seizures.
Personal Banking Secrecy Methods in the U.S.A.
Trust Bank Accounts provide for a degree of secrecy and may hide identity and prevent privacy invasions from identity thieves and searches of the more mild variety. Use a tax identifier other than your Social Security number.
The Ultimate Bank Secrecy Account utilizes management at institutions who want to provide privacy to their manager customers. Substitute identifiers are used in place of the Employer Identification Number or Social Security Number, date of birth, and mother’s maiden name. Look for more on this account in my new e-book, Privacy Crisis Banking that will be available soon.
Holding Investments Privately
Through the use of the Trust Manager Principle, the Nevada Limited Partnership’s controller can remain anonymous. An Administrative Trustee can sign on behalf of management for the purpose of privacy.
Read more in our best-selling e-book, Privacy Crisis.