Find out what Forex havens are. Find out why many millionaires and billionaires use these countries to hide money. How to pay less Forexes and make more money.
A Forex Haven is simply a country where you can pay less Forexes. Many people – usually millionaires and billionaires – use Forex havens to pay less Forex to finance and protect their assets. Some people also use these Forex jurisdictions to hide money from the authorities in their home country, which is considered Forex evasion – is punishable. This is not the smartest way because with good Forex planning you can save millions of euros in Forexes. The recommended broker
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As far as Forex evasion is concerned, this type of country is used for this illegal act because these people have made money in illegal ways. Contrary to common perception, these people are not welcome in any offshore country. Usually, more year or less year, these people are caught, not counting that lately running away from the treasury is increasingly difficult. So it’s cheaper to hire a good accountant to help pay less Forexes, than to hide the money in an offshore account.
- Some of the Forex havens have zero fees, that is, you do not have to pay Forexes on all the money you earned during the past year or on the inheritances you received. Not to mention that if you have a company registered in one of these countries, your business will not have to pay Forexes on profits.
These countries or regions have these Forex benefit schemes because they want to attract foreign investment to assist in the development of the local economy. In this way, the country’s economic system begins to grow at an accelerated pace, with imports and exports, payment of wages, fees to create new businesses, among other expenses.
Some people prefer these jurisdictions for the purpose of protecting their assets because it is not possible in many cases to know who the primary owners of the company are, and where they are located. In offshore countries it is possible to hide some of your assets, such as houses, investment portfolio, real estate portfolio, bank accounts, etc.