2020 – Where We Are After This Past Decade

BRIAN DOBBIN, FOUNDER 

We started Citizens International a decade ago as we moved from North America and Europe to the Caribbean for work, tax, and lifestyle purposes. Looking back, it’s been a pretty interesting decade when viewed from the effects of the great economic crisis ending in 2010.

Actually, it’s the cure to that crisis that made the last decade so unusual, with the economic bulwark of quantitative easing practiced by the world’s major central banks over this time spurring a wealth explosion like the world has never seen before. Tens of thousands of more people like us have been created, seeking a better life from their success and looking for the best blend of financial and lifestyle benefits available to them internationally.

This economic migration on a massive scale is creating many more international citizens – people that stride between cultures and countries, and in doing so the create a freedom and security for themselves that has historically been the privilege of the very wealthy and uber-elite.

As expected, the world’s largest tax collectors are reacting to this flood of money movement and have put the offshore industry squarely in their sights, making the future of a tax-haven shell company look like the dodo bird – extinct. This is not happening overnight, but the steady pressure of the Organization for Economic Cooperation and Development (OECD) since 2013 to bring tax-friendly regimes to heel is having results.

With over 240 countries now participating members of the OECD, new legislations are currently being enacted in many of the places where offshore structuring has been the major industry for the last decades. This does not mean living the life of an international citizen is over, but the days of staying in your own country and watching profits pile up offshore are coming to an end quickly.

We have been living this life and experiencing these changes in real time, and Citizens International has planned and prepared pathways for its clients to ensure they can experience the best of what international life has to offer.

With options such as second citizenship and/or offshore permanent residency, and tax-efficient investment structures satisfying the ‘economic substance’ requirements of the new OECD legislations, we can very privately and very easily show you the ways to protect your security and preserve your wealth internationally for your future.

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