In need of DL financial advice.

OP, IRS coming.

reddit

[quote] All suggestions welcome (even the ugly/funny)

That’s the whole point of this fake thread.

I think successful fleeing usually involves a lot of liquidity.

I thought the answer was always Switzerland.

Ask Melania, Donald.

You need to talk to a law firm that specializes in asset protection. Variables may include: whether this is civil or criminal, and if the latter, what type of crime are we talking about? and besides federal, what state jurisdiction you're in? What the property is? And whether you've already waited too long to do something - because if the action against you is pending, trying to protect assets while that's going on can trigger action where the government might still be able to seize them.

There is NO bank secrecy for American in Swiss banks. Obama broke it. There is still a fair amount of bank secrecy for other nations.

I have declared and undeclared with the USA Swiss bank accounts. Meaning some accounts where the bank does not know I am American. That is because I have other passports and these accounts are quite old.

An American can NOT open a bank account anymore without the bank knowing he is American and it will report results when asked. Including to the IRS!!! They are completely uninterested in middle class Americans, unless you are resident in Switzerland. But even then, some will refuse to bank with American citizens. They were all pissed at Credit Suisse and Obama for fucking up their gravy train.

If you have a fortune over 100 million your options will be more open and flexible but if push comes to shove if the USA knows or wants to know if you have a Swiss account, they need only ask.

OP, move everything to a foreign bank, work on getting dual citizenship in another country, and then move your money again. Check out the Caribbean. Lots of island nations do illegal banking.

move all your assets into dogecoin and then when you're a billionaire in 3 months after elon tweets 'pay taxes with dogecoin?' you'll be untouchable

Put everything into Canadian Allied Petroleum.

I’m deep in trouble with the law!

My great grandmother gave up on banks when her family lost everything in the depression - her solution was to keep all her cash under the mattress.

Somebody was a bad boy.

Spill the details, OP! We love a good story.

Ask one of your fellow-whore friends, OP.

Why are your stocks and bonds “not liquid”?

Aren't Credit Unions safer?

How many years in the slammah are you looking at, OP?

I will give you the cash-here’s my email-circle7/2099@gmail.com

OP has certainly come to the right place. DL is the Go To for medical advice, financial advice, advice on what to do with elderly parents, and drug addled boyfriends, etc.

Exactly, R20--why wouldn't you go to DL for the latest news, particularly how much you need to retire? The median average 401K on DL is between $1 and $100 million, but because there are just so many clever 30-something new retirees, getting through the next 4-20 years on $20 million as a homosexual is going to be a breeze!

Is OP Austin Wolf?

OP = Muriel

OP, how dense are you? When fleeing a country your need all of your assets converted to tangibles like diamonds and other gems that can easily be sewn into the hem of a few garments. Makes crossing the border fast and simple. Once you're in your new country you sell a few to establish yourself. What could be simpler?

Maybe OP could stick a gold bar up his ass.

OP = Matt Gaetz.

Bitcoin

Bitcoin can be seized by the government. In fact, there are some advisors who believe that greater focus might be placed on cryptocurrency simply because of cybercrime being in the news.

I never know about the complications of this until a friend of mine had to retire early and return to Japan to care for her aging parents. Her main asset was cash from the sale of her condo. But she learned that she couldn't simply transfer the cash to an account in a Japanese bank. All she can do is use her debit or credit card from that bank at an ATM in Japan, so she simply makes regular withdrawals.

On the other hand, I think that a person can make real estate purchases in foreign nations using cash. My cousin and her husband earned a fortune over a 20+ year career in Dubai, and used every opportunity to off-load earnings, since they had no confidence in the ultimate stability of a Middle Eastern nation, or the safety of keeping most of their money in the currency of Dubai. So they simply bought up things for cash, like a flat in London, a flat in Paris, a condo in Phuket, a very large house in the US, smaller houses for the mother and sister of the husband, etc. The husband just died of pancreatic cancer at a very young age, but prior to his death, they had been pursuing Portuguese citizenship via real estate purchase - again, using cash.