Preserve Your Freedoms
Robert E. Bauman JD
Legal Counsel, The Sovereign Society
Chairman, Freedom Alliance
Editor, Offshore Confidential
Email: info@sovereignsociety.com

Americans Have Reasons
1) personal & family safety
2) personal & financial security
3) political stability
4) good infrastructure
5) welcome for foreigners

U.S. GOVERNMENT FINANCIAL RESTRICTIONS
IRS attitude - guilty until you prove innocence
PATRIOT Act: privacy is dead
FATCA - Foreign Account Tax Compliance Act
DOJ lawsuits – UBS, Credit Suisse, more banks
Evasion vs. avoidance
Expatriation & Exit tax

Suspect Society &
Imperial Presidency


1) Warrantless searches: president can order warrantless surveillance; IRS to open company and information on citizens’ finances, communications and associations to FBI, CIA. FBI uses “national security letters.”
2) U.S. military as domestic police; militarization of local police SWAT teams. Use of aerial police spy drones - 30,000 by 2020; martial law in Boston
3) Continual monitoring : Obama claims use of GPS devices to monitor every move of targeted citizens without securing a court order or review; NSA email access, ECHELON,
4) Detention: National Defense Authorization Act (NDAA) allows indefinite detention of US citizens without charges
5) Pension grab plans, Cyprus banking, the Fed
6) Murder: President Obama claims and uses the right to order the killing of a US citizen considered a terrorist or aiding terrorism.
7) U.S. Constitution abandoned; 4th and 2nd Amendments.

It is still legal to…
have and use an offshore bank account with no currency controls

Create an offshore asset protection trust or private family foundation.

form and operate an international business corporation (IBC).

acquire dual citizenship and a second passport.

voluntarily end U.S. citizenship, thus end U.S. taxes -- expatriation

purchase offshore life insurance and annuities with deferred taxes
 
invest in offshore funds, precious metals and real estate.

leave the U.S. and move to a foreign land

Why Uruguay?

Privacy – court order for release; not automatic
Lower Taxes – limited taxes on offshore income
Less Government Regulation – healthy free market economy; highest per capita income in Latin America; pro-business; 4% GDP growth 2012
Profitable investments; farm land, rentals, beach
Peace of Mind – stable society, low crime, well educated
Banks that welcome U.S. persons! No currency controls