A lot of times people looking for asset protection simply do not want to invest their money outside of their own country. This is why so many small businesses and corporations in America try to provide their own asset protection programs. How effective are these programs, however? Are they as good, or close to Panama? All these answers will be given below!

The answer is no, we won’t keep that from you much longer. Asset protection in the United States is laughable compared to that which is offered in Panama. Any smart detective or private investigator can track your earnings into these accounts with no problem. And any judge looking for more money to cover a debt or in a divorce settlement will order your to report that money. This isn’t even accounting for the very high costs to actually hire a lawyer and go to court in America. Remember in this case, you will have to prove that the money does not exist, not the other way around.

As mentioned before, finding out this information is usually the common work of private detectives. They have no problem using any and all methods in finding out this information and are usually protected by the law in doing so. How much protection do you really have? Banks in America are not bound to secrecy as they are in Panama. They do not want to give themselves up to save your privacy. So why trust them? Because they share the same soil as you?

Another problem is that at any point during an investigation, American officials can freeze or seize all your money and/or accounts. Imagine trying to protect yourself or hire a lawyer without the use of any money. You have no guarantees in the American legal system of getting out unscathed. And as said before, the chances of finding an American bank that is willing to risk it’s own name to protect your privacy is slim to none. The judges and lawyers will find out about your American assets and they will do their best to take it away from you.

Now compare this to Panama. Panama will never divulge your information unless there is already a case pending against you and their court orders them to. They are sworn to secrecy and face jail time themselves for giving it up. You can create corporations and foundations to create roadblocks for your enemies. It is so much easier to protect assets in Panama than in America!