When Form 3520 Accumulation 2023-2024

Hi everyone, Aaron Day here from Sao Paulo, Brazil, with another episode of Offshore Maven. FATCA is happening on July 1st, 2014. We have an offshore structure that is the perfect solution for Foreign Account Tax Compliance Act (FATCA) reporting because it's completely exempt. Now, this structure is also exempt from AI FMD laws, which is the European equivalent to FATCA. An expat would be exempt from IRS Form 3520, which is the annual return report of transactions from trusts and other certain gifts. So, you'd be exempt from Form 3520, and also exempt from IRS Form 8621. Now, Form 8621 is the one that gets most people because it relates to Passive Foreign Investment Company (PFIC) reporting. Our structure is exempt from reporting on that form. The cost to set up a regulated SF protection structure is really nominal, although it takes some time. Yes, there's a learning curve. Your initial investment is one hour, and that's for a free consultation, by the way. The benefit of that one hour is really immeasurable because the strategic goal is for you to learn how to create your own vehicle for tax-deferred contributions and assets and accumulations outside of your home country. Now, this offshore investment platform would have no US or EU person investing restraints, restrictions, limitations, or blockages. With this offshore investment platform, the world is your oyster. You would be able to bank, trade, invest, and accumulate assets all over the world with total control and total confidence that you are completely compliant. So, we have the solution. We have the FATCA solution, and we're helping people every day. And we want to help you too. Just get in touch, go to the website investoffshore.com, click on the "contact" button, and someone will be in touch with you within 24...