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MARKETPLACE Take your location independent business offshore - GlobalWealth

Discussion in 'Fastlane Marketplace' started by GlobalWealth, Nov 17, 2016.

  1. GlobalWealth
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    GlobalWealth Platinum Contributor Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass

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    A couple of years ago I wrote a report teaching entrepreneurs with virtual businesses how to take their business, or a piece of it, offshore for asset protection and tax minimization.

    Times are changing in the offshore world so I updated the report to reflect current trends and changes in the legal structures. There are lots of changes after the implementation of FATCA and also after the Panama Papers surfaced. Thus it was time to update the report.

    If you have any type of location independent business, ecommerce business, or even in some cases a brick and mortar business, this report could be worth 10s or even 100s of thousands for you in tax savings alone.

    Additionally, if you are a digital nomad, you could structure your business and your life to be nearly tax free (or at least tax deferred).

    Get my free report here:

    Offshore Ecommerce Guide
     
    Eskil, 100k, Greg R and 21 others like this.
  2. Ika
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    Ika Busy Idiot Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass

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    Thank you for the informations.

    You have to ask yourself if you want to do that though.
    I live in Germany.
    I am driving on the streets, I'm using the healthcare and education system. I have some kind of protection when loosing a job and can use the monetary help for children and teens for myself.
    That are just a few of the benefits I use from the taxes other people pay. So why should I dismiss the system and pay taxes somewhere else? As long I am using the benefits I should be paying for them.

    It will depend on your country and tax law.

    Yes, it is legal. But is it the right thing to do?


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  3. GlobalWealth
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    GlobalWealth Platinum Contributor Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass

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    It seems this is not for you.

    This is a business forum, not ethics class.
     
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  4. Vanderbilt
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    Vanderbilt Silver Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Hey,

    great information, iam wondering if there is any chance for me, have a moving company in germany!??
    would be glad about some informations!

    couldn't pm you

    Kind regards
     
    #nowhere and GlobalWealth like this.
  5. GlobalWealth
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    GlobalWealth Platinum Contributor Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass

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    If you click the link above you can get the free report with information.

    Sent from my SM-G900FD using Tapatalk
     
  6. Vanderbilt
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    Vanderbilt Silver Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    i read it but its more for virtual businesses maybe i can shift a part offshore but which part would it be?


    kind regards
     
    Last edited: Jan 4, 2017
  7. GlobalWealth
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    GlobalWealth Platinum Contributor Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass

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    Ah OK. Understood. That depends on the business. If you have any IP that "may" be able to take a piece offshore and do an asset leaseback.

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  8. Vanderbilt
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    Vanderbilt Silver Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    i should start an virual business, ha ! thank u
     
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  9. GlobalWealth
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    GlobalWealth Platinum Contributor Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass

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    There are options but this report was more focused on virtual business.

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  10. OldFaithful
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    OldFaithful Silver Contributor Read Millionaire Fastlane Speedway Pass

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    @GlobalWealth thank you for the info, I got the report and find it interesting. Especially the last example. Are there any other sections/segments of a B&M that could be setup offshore? In particular, for a small manufacturing business with a B&M location and eventually a handful of employees?
     
  11. GlobalWealth
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    GlobalWealth Platinum Contributor Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass

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    Depends on business but it could be possible.

    For example you can utilize an offshore company as your importer or exporter to shift profits.

    Or you can assign your IP offshore and do an IP leaseback.

    Or if you outsource your workforce to India, Phillipines, etc you can have an offshore staffing agency that retains earnings.

    Sent from my SM-G900FD using Tapatalk
     
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  12. OldFaithful
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    OldFaithful Silver Contributor Read Millionaire Fastlane Speedway Pass

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    Sounds interesting. Thank you!
     
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  13. eduinvestor
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    eduinvestor New Contributor Read Millionaire Fastlane

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    @GlobalWealth
    Why do you say your report is free?
    It costs $19

    Anyway, other people seems to be satisfied with your product so it may be worth. It's just a bit confusing...
     
  14. C-Jay
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    C-Jay Audeamus Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Well it was probably was, when it was posted...a year ago.
     
  15. GlobalWealth
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    GlobalWealth Platinum Contributor Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass

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    The offshore ecommerce report is free. The offshore banking report is $19.

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  16. GlobalWealth
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    GlobalWealth Platinum Contributor Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass

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    It's still free. The offshore banking report costs money.

    Sent from my VTR-L29 using Tapatalk
     
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  17. Vanderbilt
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    Vanderbilt Silver Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    yeah but if you follow the link on the offshore ecommerce side and fill in name and email and then press "get your free report now" it leads to the banking report to buy, there is no download for the free report!
     
  18. GlobalWealth
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    GlobalWealth Platinum Contributor Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass

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    Check your email. If its not there its in your spam folder.

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  19. Vanderbilt
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    Vanderbilt Silver Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    i dont know if this is important for you,
    but there is no info in how you receive the report after pressing the "get your free report now" button.... i found the report now but not in my spam but in my "advertising" box where i never look at! seems @eduinvestor had a similar issue.
     
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  20. GlobalWealth
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    GlobalWealth Platinum Contributor Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass

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    The opening line on the success page says...

    "ALL SET! Your email has been verified and everything we promised you will be sent to your inbox shortly"

    I just went thru the funnel myself.

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  21. Azure
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    Azure Perpetual Motion Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass

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    At what point would it make sense to transition offshore? Would it be feasible at 100k annual digital income?
     
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  22. Vanderbilt
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    Vanderbilt Silver Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    i was checking it too, i see it now!! i recognised first the "click here to buy now" button! so i didnt read the text above that button because i taught its the sales copy lol!!!
     
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  23. GlobalWealth
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    GlobalWealth Platinum Contributor Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass

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    That's a tough call without a lot more info. I suggest reading thru the report and see if anything seems to resonate with you or sound similar to your personal situation.



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  24. Burning Desire
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    Burning Desire New Contributor Read Millionaire Fastlane

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    @GlobalWealth

    Read the ebook, interesting stuff. Minor question, but suppose I have a web-based business that sells leads to US-based businesses (the potential customers itself are also 100% US). Business itself is incorporated offshore (think Jersey, Cayman). USD bank account through a payment provider so didn't need a US company so far.

    How would this work? Even though my business has no physical connection to the US the IRS could still argue that because the service is US focused I'd have to pay US taxes...

    Maybe it's better for me to form a US OpCo LLC, keep all the IP offshore and essentially charge the LLC for leasing the domain, brand name, sales & marketing services etc?
     
  25. GlobalWealth
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    GlobalWealth Platinum Contributor Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass

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    There are a lot of factors to consider here beyond what you asked. For example, what is your citizenship? Your residency? Your tax home? How you get paid? Do you need Paypal/Stripe/Etc? Do you get paid by wire? How much time are you physically in the US?

    These are all questions we would address and provide an assessment for during a consultation.
     

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