| International
Investment Made Easy |
| The Sovereign
Society |
| by Gary Scott |
| My wife
Merri and I were at Rosaspamba, Ecuador our hacienda 5.4 miles north
the as we watched a salmon sunset fade into plum wine and fall drunken
in beauty behind a razor backed ridge. Stars awakened like diamond beacons
studded in ink.
We live
here in the winter, enjoy our mountain farm in North Carolina in the summer,
but depend on neither for our welfare. Technology has opened the world
for small businesses and we take advantage of this. The world is our
marketplace and having customers in 82 countries brings us great independence.
The sun always shines somewhere and we can choose where to place our efforts
and assets when politicians or marketplaces where we live go bad. |
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| You can too.
The
Internet and low cost jet travel can provide a horizon-expanding global
backdrop
for you and your business and unhinge boundaries so you can enjoy a lifestyle
unthinkable just a few years ago.
Merri and I
have the ultimate sovereignty by earning income wherever we go. This
article shares one easy, effective global business idea of offering
tax lien services. Almost anyone can profit from providing them. And this
is just one business idea. There are a virtually unlimited number of other
ones.
Tax lien
certificates are especially suited for international business because
they contain qualities that overseas investors desire. These liens attract
wealthy investors that give you a source of income as you meet the crème
de la crème of society wherever you go.
Tax lien
certificates are issued by U.S. county governments, which generate
their revenues from property tax. If property owners don’t pay their tax,
then county revenues fall. |
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| Counties
solve this problem by letting outside investors pay delinquent taxes.
In exchange, the investor receives a tax lien certificate, which guarantees
repayment with substantial interest when the property owners finally pay
up. The full value of the property guarantees the lien and allows possession
of the property after a specified time.
Three qualities
make these certificates especially attractive abroad.
First, tax
liens are safe. The guarantee supercedes all other types of liens,
including mortgages, IRS liens, etc. Property cannot be sold until the
tax and penalty are paid.
Second,
tax liens pay high returns.
Interest charges vary from state to state, but some states charge as much
as 25%, which in some cases can be earned in as little as one day! |
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Offshore Resources Gallery
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| Third,
tax liens are complicated, require work and take time to process. Laws,
and rates, vary county to county. Investors should preview properties.
Someone must attend county sponsored auctions to buy the liens. Investors
need to know the property markets and rules and procedures in each county
where liens are bought.
This makes
tax lien services perfect to offer abroad. Even after paying your service
fee, international investors make higher returns with greater safety than
they would in stocks and bonds. And the whole process is so complicated
that they cannot do it without you! The cost of their travel to the United
States, regular inspections and management of the process costs more than
your fee.
Another reason
tax lien services are perfect to offer abroad is because you are not offering
an investment. Many countries have a myriad of regulations relating
to securities and investments. You must be careful not to violate
these laws in the countries where you do business. So, instead
of selling the tax liens themselves, you sell information and services,
offering correspondence courses and seminars about tax liens. |
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| Most investors
abroad, after learning about liens, will not have the time to do what
is required to purchase them. Thus, you can also offer real estate
inspection ansd auction services. You help investors learn about tax liens,
help them know about liens being auctioned, help inspect property for the
investors and represent them at auctions. These services are not likely
to violate security regulations anywhere (though you should always check
laws in each country where you do business).
Investors never
make investments with you or your firm. They always (often with your
help) make investments directly with a U.S. county government. They
are also always repaid directly from that same U.S. county government (but
they can assign a portion of their profits to you for your services). Selling
courses, seminars and business services has generated streams of income
all over the world for my wife and me. |
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Offshore
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| We have enjoyed
income in U.S. dollars, Canadian dollars, British pounds, even Swiss francs.
More importantly our business has given us the freedom to go where we desire,
yet to keep our assets and earn our income where markets and laws make
the most sense.
We have gained
mobility and unbounded horizons without worrying about how to survive financially.
Trips
turn into tax-deductible, profit-generating events rather than after-tax
expenses.
You too
can gain the sovereignty and freedom that comes from having mobile income.
Tax lien services are one good way to attain this.
The Internet
and international direct mail means almost anyone can use merchandising
tools to offer products and services abroad for greater independence and
fun. Whether you offer tax lien services or something else, “go global
my friend!” You dramatically increase your asset safety, increase your
wealth and broaden your horizons.
(Gary Scott
has written about international economics and investments for more than
30 years, with 23,000 readers in 82 countries. His course International
Business Made EZ shares how to use smart merchandising to develop global
income producing businesses. For information on Gary’s February
2004 International Business Made EZ seminar in Ecuador, visit our Web site
at www.sovereignsociety.com.
Or call +1 (336) 384-1122 or faxs +1 (336) 384-1577 or write to International
Service Center, 157 Little Horse Path, Lansing, N.C. 28643.). |
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Article
Index ~ Ecuador
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