What do you think of a website busines that allows people to store their money over seas?

[chaze]

Does sound like people might actually do it?

Does it sound like the government might get pissed?

How can I sell and add trust so people will store their money with us?

[RaunchyRepublic]

Which mafia do you work for?

[Site Collector]

Originally Posted by chaze

Does sound like people might actually do it?

Does it sound like the government might get pissed?

How can I sell and add trust so people will store their money with us?

The idea sounds good but I am sure there are legal ramifications if the sites producing the income are based in the United States. No way to get around Uncle Sam, so no point in hiding the money somewhere else in my opinion. Getting caught would be more costly than just paying the taxes.

[chaze]

Originally Posted by Site Collector

The idea sounds good but I am sure there are legal ramifications if the sites producing the income are based in the United States. No way to get around Uncle Sam, so no point in hiding the money somewhere else in my opinion. Getting caught would be more costly than just paying the taxes.

I agree, they would still have to pay taxes as normal this would be totally legal I think.

The purpose is because is my country our dollar is rising and in the US it is dropping. So convert it here and let it sit for later in life.

Like a saving account based on another countries dollar.

[camsvipdotcom]

Originally Posted by chaze

Like a saving account based on another countries dollar.

Trust to keep money overseas with a new company....hard to gain
Trust in another country's currency.....even harder I would say(especially for Americans)

[chaze]

Originally Posted by camsvipdotcom

Trust to keep money overseas with a new company....hard to gain
Trust in another country's currency.....even harder I would say(especially for Americans)

Definably number 1, how do you build trust with new clients.

I started the website www.bankshelter.com I am sure i will need some trust programs for it. References, BBB maybe?, videos of us, hmmm trying to think of things to build client trust for this.

[stonehammer]

you need a big boat for this kind of things

[bns666]

it's called offshore banking, noone has ever thought of that before

[chaze]

Originally Posted by bns666

it's called offshore banking, noone has ever thought of that before

Basically, but this would streamline and automate the process. A variation of off shore banking that doesn't require applications. Just a safe account that you can keep your money in.

I should also say I don't like businesses like have never been done, I like to find businesses that work and do them better.

I mean what hasn't been done on some level that will make money?