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FINANCIAL SECURITY & PERSONAL PRIVACY
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Dr. WG Hill stated and coined the "Five Flag" strategy- where one would split their affairs so they "reside" in five different national jurisdictions. Flag 1: Business Base These are places that one can make money. It must be different than your personal fiscal domicile.(the place where you legally reside)
Flag 2: Passport & Citizenship These should be from a country unconcerned about offshore citizens and what they do outside their borders.
Flag 3: Domicile This should be a tax haven with good communications. A place where wealthy, productive people can be creative, live, relax, prosper and enjoy themselves. Such a place should not be threatened by war or revolution and preferably should enjoy good levels of banking secrecy.
Flag 4: Asset Repository This should be a place from which assets, securities and business affairs can be managed anonymously by proxy.
Flag 5: Playgrounds These are the places that one would actually spend their time.
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INTERNET AND COMPUTER SECURITY
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Everyday, all over the world, computer networks and hosts are being broken into. The level of sophistication of these attacks varies widely; while it is generally believed that most break-ins succeed due to weak passwords, there are still a large number of intrusions that use more advanced techniques to break in. Less is known about the latter types of break-ins, because by their very nature they are hard to detect. (written by D. Farmer & W. Venema , from "Improving your site by breaking into it.")
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BANKING ALTERNATIVES & TAX HAVENS
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In practice one should have two or three favorite places to live- moving in and out of these places at the required time. Most countries will allow one to stay 6-12 months (with extensions) on a tourist visa. When your time is up, one would simply move to your "other" home.
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