The Wealth DNA radio show is dedicated to helping you increase your wealth, as well as educating and informing savers & investors. If you heard the introduction to our last show on Asset Protection, you know I’m not a happy US Citizen lately. The US government keeps adding new regulations to complicate life for citizens with financial dealings overseas.
More US citizens are renouncing their citizenship, and the US government is adding regulations to stop them from opening new bank accounts. Some are just putting up with the added bureaucracy, and others are taking a totally different approach. They’re building on a trend that has been expanding for the last 40 years in our global village – outsourcing. Companies and businesses are “off-shoring” their operations and banking.
Is this a trend that could help enhance your business profitability, or build your wealth? We will ask Jack A. Bass our special guest to share why he sees this approach worth considering. Our listeners may remember him as the author of “The Gold Investor’s Handbook” and “The Apprentice Millionaire Portfolio” (which is true). Jack A. Bass is also one of Canada’s top ranked economists, and a manages a consulting company. He is focusing more of his time now on Outsourcing and Offshoring, for both businesses and individuals. Is this an idea which might make sense for you? What are some of the key benefits for businesses? Benefits for individuals? How are the increasing government regulations affecting the advantages and risks?
For the answers to these and many more questions, get a cup of coffee, or glass of wine and listen to the July 14th show podcast.