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Youβve heard us say time and time again that the secret to protecting your assets is diversification through planting flags. Keep in mind though, the offshore world is forever changing. Tax laws, treaties, residency visa requirements, etc., constantly change so make sure to stay up to date.
Check out our video on the βThe Flag Theory Of Diversification Made Easyβ, and get a better understanding of how to go about diversifying internationally and what exactly the Flag Theory or the Five Flags approach is.
Timestamps:
0:55 What Are The 5 Flags?
1:46 Flag #1: Banking
2:48 Flag #2: A Backup Residency
3:51 Flag #3: Seek Second Citizenship
4:53 Flag #4: Protect Your Assets
5:44 Flag #5: Overseas Business Incorporation
6:43 Where Is The Right Place To Plant Your Flags?
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