Tropical Island Haven on Earth

LEGITIMATE OFFSHORE ASSET PROTECTION

Home email: invest@asiabank.net
 

STRUCTURED OFFSHORE REAL ESTATE


Investing Offshore into foreign companies is complex for USA and Australian investors in particular - as there are reporting requirements in respect of filing IRS or ATO returns with details of the foreign company's earnings. It is not too great a burden provided you are not a major shareholder ... such that the overseas company is deemed a Controlled Foreign Entity ... but why have the anquish and continuing fear of the Bogeyman! The easiest way to overcome this interference of Uncle Sam or Aunty is NOT to invest directly into a foreign company. Instead you might consider investing into a mutual fund or stock exchange listed public companies. Alternatively if you want to transfer funds beyond the reach of creditors and litigants - including the IRS investing into Offshore Real Estate is about the best avenue for legitimate transfer of assets.

SATISFYING THE IRS:-


WITH FULL DISCLOSURE OF TRANSFERS OF MONEY OVERSEAS & HOLDING OFFSHORE ASSETS


Don't be afraid of declaring your Offshore Property Investments - if you structure them correctly. It is potentially hazardous if you don't.
And remember always to declare all your investment income to the IRS; So naturally you should declare the income you derive from your overseas real esate investments too.
It is a lot easier than being interrogated annually about the affairs of a Foreign Corporation - and you have nothing to fear. All expenses can be first deducted and the net income which you need to report can be quite small - despite even large investments.
Investing into a Legitimate Resort Property in the Philippines will pass muster with the IRS & ATO - You can and should freely disclose the acquisition of the asset and the transfer of funds out of your country to acquire your Offshore Investment!
... and as it is up to you to determine whether you will use it yourself, rent it out, lend it to friends or even pledge it as collateral security for other persons you certainly have a large degree of control over how much income you need to repatriate and whether there is little or no tax consequence for you.

.... You have absolute discretion, and you need never fear the wrath of the IRS provided you disclose the rental income you might earn from it.

If the investment is for your own use - and is left vacant or handed to the resort to manage, all you need submit to the IRS annually is the net proceeds you receive in your hand.

You might elect to hand your investment to the Resort Management and defray maintenance, rates and taxes and other outgoings by permitting the resort management to attend to this and forward you an annual statement. Any surplus receipts can either be left at the resort for you to collect, sent by wire to your nominated account or applied towards any cause or business of your choosing, including purchase of airline tickets and stop over accommodation at preferred Hotels in Manila or elsewhere throught the world.
One area you could apply your rental income to would be establishing or hiring serviced office facilities for you to conduct other business.
(Consultants can provide further elaboration once your requirements are made known by you to the resort management post investing!)


Once you have acquired your property investment at Encenada Beach Resort you are free to enjoy it anytime you like - use it to make money, let others stay there - with or without charge (you collect the rent) and also you can simply permit third parties to build ARMS LENGTH BUSINESS CORPORATIONS using assets that you have transferred overseas.(Encenada Asset Managers can help you structure these business arrangements, and you can still govern the application of the borrowed funds or leave it to an appointed attorney or nominee)
Yes IRS and Creditors can attack those assets of YOURS but they have NO JURISDICTION over assets and businesses of foreign nationals in overseas countries.

Assuming you make your foreign property investment into Real Estate at Encenada it is up to you as to whether you pledge such assets for friends, relatives, business partners, or to completely unrelated parties.
So here is the secret ... You can authorise Encenada to permit your property interests to be used as collateral for borrowings which you may approve by IBCs anywhere in the World. If you prefer Encenada can canvas, select and monitor the business partners - even apply the funds to certain businesses in your own country or elsewhere.
If the IRS or Creditors should ever lay claim to your assets they can only grab the residual value of your Real Estate Investment in the Resort - after Encenada deduct any outstanding loans covered by your guarantee by way of your Real Estate holdings.
In appropriate circumstances you can actually withdraw via loan arrangments 100% of YOUR actual investment ...60 to 75% immediately, & a further 15% each year, leaving the remaining 10% until you close your account ... (but why not keep it open indefinitely and always be able to satisfy your Bankers and Others by retaining the Full Asset Value of your Initial Real Estate Investment while your account remains open!!)

So you can see it is relatively easy to legitimately transfer money offshore, make full disclosure to IRS or ATO and retain the control of your assets through an independently established Offshore Business Corporation.
Details of Specific Structuring of the Offshore Business Corporation is worked out in private consultation with an Asset Manager when you are ready to make your first major investment.
To proceed further you need to email asiabank again and provide full personal details and contact phone numbers. At that time an initial investment deposit will be necessary to open your account - usually 1% of the intended investment. ------------------------------------------------------------

Use of the Resort Facilities requires a positive account balance of $usd20,000 at all times which will defray expenses. If you desire your own permanent room or business resources centre you should anticipate a commitment of approximately $USD100,000
PLEASE outline your business and investment requirements in email to facilitate more pertinent information.

Island Paradise and Financial Security You can own a piece of Paradise and also have Peace of Mind!

ASSET PROTECTION STRATEGY

The myth that Offshore Trusts and IBCs are immune from US and other Governments is simply not true. USA courts and elsewhere can and DO hold their citizens captive until foreign controlled trusts and companies disgorge their assets.
...... Property Ownership through the Encenada Club is the Solution if you are Serious about Financial Security and Asset Protection.