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We talk here at Nomad Capitalist about bank secrecy being dead and that you can no longer "safely hide" your money in legendary Swiss banks, for example.
Because of that, countries like Singapore have become enormous wealth hubs by attracting foreign capital and investments from people who still don't want their banking information being disclosed.
However, "hiding" your money doesn't have to be connected to something illegal. On the contrary - bank secrecy can be useful if you live in a country where crime and illegal activities are on a high level and you want your money and your family to be safe.
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ABOUT NOMAD CAPITALIST
Andrew Henderson is the world's most sought-after consultant on legal offshore tax reduction, investment immigration, and global citizenship. He works exclusively with six- and seven-figure entrepreneurs and investors who want to "go where they're treated best".
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Andrew has spent the last 11 years studying and personally implementing the Nomad Capitalist lifestyle, and has started offshore companies, opened offshore bank accounts, obtained multiple second passports, and purchased real estate in a total of 20 countries.
He has also spent years creating a behavior-based system that helps people get the results they want faster and with less resistance. Andrew believes that everyone can use offshore strategies to keep more of their own money, live a life of freedom, and grow their wealth faster.
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DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
When Bank Secrecy Still Works
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