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Jeremy Barlow
Nomad Capitalist
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Comments by "Jeremy Barlow" (@jeremybarlow2291) on "Why You Have to Leave Your Country" video.
Seeing a protest in a country usually means they have a functioning democracy, OR soon might have one. Are there exceptions, sure, but by and large that is what it means.
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@Peter-MH Monaco, Switzerland, Cayman Islands, Singapore, and UAE, with that last spot probably flipping between the UAE/Qatar/Bahrain these days.
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@michaelnollner the entire EU is likely open to you for travel. There are more than a few countries that have don't ask, don't tell policies which will let you in, but expel you if they find out.
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@now591 I didn't say a well functioning democracy. Those are rare, but by and large even the poorly functioning ones maintain a certain degree of individual rights and property rights. Which is not a bad thing.
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The REASON behind Brexit at the high levels of the British aristocracy, the REASON the various British Crown Dependencies and Overseas Territories by and large have remained zero tax, hell even the reason that certain former British Territories became independent countries that provide Citizenship By Investment by and large is to continue to make the City of London one of the most important financial centers in the world. Even in a world of Ultimate Beneficial Owners being named on the registries of companies so long you can pool your investments with five buddies and put a trustworthy lawyer who will maintain your confidences in charge of your company, ie keep each ownership below a 25% stake at say 20%, you can keep your name off of any registry. You can do the same with an offshore trust owning that piece of company and that is how despite the new banking rules exposing ownership and other rules exposing ownership, the people who value privacy, and the people who want to avoid taxes legally in certain high tax jurisdictions, as well as a few who want to evade those taxes, and the element involved in activities where money needs to be cleaned will continue to rely on the UK and the US to protect their money. I mean a US LLC owned by a BVI company is a pretty good privacy shield and it lets you park your Yuan which have been paid to another party in China who has a lot of Mexican Cartel dollars for sale in the US purchase a bunch of nice properties in California to keep your wealth outside of China despite transfer controls.
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