Avoid these FTX mistakes: Sam Bankman-Fried did Bahamas Residency & Turkey – Where did he go wrong?
Sam Bankman-Fried held Bahamas Residency and also assets in Turkey. This is a matter under investigation and while we wont deep dive into the merits of his case it’s important to be mindful of the general mistakes to avoid. It’s imperative to always be in compliance with laws.
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In today’s day and age of ever changing regulations, global instability and the pandemic it has exceedingly become more important than ever to have second or backup options to secure your health, wealth and happiness. If you are successful and aim to optimize the quality of your life in terms of security, stability and options, you should at least consider international diversification strategies including investment migration, global diversification and international tax optimization.
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