Why everybody needs offshore services?

Our nation is in great danger. The problem is not economy, the War Against Terrorism, drugs or any natural disaster. The most dangerous enemies of the citizens are the bureaucrats and political elite who keep in power the whole of their life never doing real work. Seen from outside, their degenerated behavior is just funny but if you are one of their targets, your best chance to survive is to go offshore.

Corrupt government officials exercise unlimited power against the citizens of this country called the most competitive economy in the world by the World Economic Forum and the least corrupted nation in the world by Transparency International. That kind of honours are just local made tools designed for the government to hide their shameful acts against humanity. In reality, most things are contrary to the beliefs of average citizens who only have to vote, work and pay taxes.

Any country where government officials break the law and human rights using the courts for the benefits of their business partners and attack the poor, will become corrupted in an increasing speed. The only honourable business in that kind of a climate is international sports betting that is based on plain numbers instead of local plotting of degenerated bureaucrats and the political elite.

Continuous attacks against personal and financial freedom leave the citizens no other choice but defending themselves. In this unjust war where both the richest and the poorest are directly hurt by the government and where the middle class pays the taxes, the consequences of local corruption are global. This is why global offshore services are of vital importance to everybody for personal protection.

The most dangerous countries

FATF membership consists of 29 countries and territories and two regional organizations: Argentina, Australia, Austria, Belgium, Brazil, Canada, Denmark, Finland, France, Germany, Greece, Hong Kong, Iceland, Ireland, Italy, Japan, Luxembourg, Mexico, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, Turkey, the United Kingdom, the United States, the European Commission and the Gulf Cooperation Council. Also visit Financial Stability Forum (FSF) and World Bank. Real danger is hidden in these countries and also in offshore jurisdictions which used to be reliable but where conventional banking freedom is now lost.

History of lost banking freedom

The FATF introduced a project in 1999 known as the Non-Cooperative Countries and Territories (NCCT) initiative. The jurisdictions on the FATF list were: the Bahamas, the Cayman Islands, the Cook Islands, Dominica, Israel, Lebanon, Liechtenstein, the Marshall Islands, Nauru, Niue, Panama, the Philippines, Russia, St. Kitts and Nevis, and St. Vincent and the Grenadines.

The following useful information was later provided by the Financial Action Task Force of the Organization for Economic Co-operation and Development (OECD) in their report about reliability of offshore jurisdictions. The G7 countries (Britain, Canada, France, Germany, Italy, Japan, The United States) also stated that the national bank secrecy laws were most difficult to break in those countries belonging to Group B: Bahamas, Cayman Islands, Cook Islands, French Antilles, Philippines, Israel, Lebanon, Liechtenstein, Marshall Islands, Nauru, Nieu, Panama, St. Vincent and the Grenadines, St. Kitts and Nevis, and Russia.

All the other jurisdictions on the FATF list were on lower safety level (group G): Antigua and Barbuda, Belize, Bermuda, British Virgin Islands, Gibraltar, Guernsey, Jersey, Cyprus, Malta, Isle of Man, Mauritius, Monaco, St. Lucia, and Samoa.

A list from other sources shows that the jurisdictions where privacy was best protected at that time were Anguilla, Antigua and Barbuda, Aruba, Belize, British Virgin Islands, Cayman Islands, Cook Islands, Costa Rica, Cyprus, Lebanon, Liechtenstein, Marshall Islands, Mauritius, Nauru, Netherlands Antilles, Niue, Panama, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines, Samoa, Seychelles, The Bahamas, Turks and Caicos, and Vanuatu. This is the so called Group III.

The following jurisdictions (Group II) were effectively pressured internationally to lower the quality of their financial services: Andorra, Bahrain, Barbados, Bermuda, Gibraltar, Labuan (Malaysia), Macau SAR, Malta, and Monaco. These juristdictions of Group II were not as safe as the jurisdictions of Group III.

The following jurisdictions used to be realiable but privacy had already gone in these jurisdictions (Group I): Hong Kong SAR, Luxembourg, Singapore, and Switzerland.

Also the following jurisdictions were in great danger of losing much of their financial independency: Dublin (Ireland), Guernsey, Isle of Man, and Jersey.

The 2005 FATF list included only Myanmar, Nauru and Nigeria. There are no privacy in conventional banking any more.

This sad historical information is still useful however. Although those jurisdictions are no more safe, offshore consultants are just more experienced and they are able to help you in questions of privacy and personal freedom of today and for tomorrow. Use only professional help to protect your legal rights against corrupt government officials wherever you are.

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