December 7, 2007 at 1:07 am
#755889
Inactive
The only legitimate option is to become a non resident of your country and to become a resident of a country that has zero taxes. If you buy a house worth 500k in the bahamas you are almost automatically approved for permanent residency. You can then go visit family for 5.5 months a year.
Otherwise you can have money offshore, but you wont have access to it to spend it so it is kind of counter productive. It’s why criminals launder money. They choose to pay tax on that money so they can actually use it.