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by cthulhuology 3495 days ago
In case you're wondering, most firms in this business won't even talk to you unless you're looking to hide at least $10MM. Below that amount, the costs of setting up the corporate structures and paying all the necessary parties aren't worth it. It is kinda funny there is a practical cut off point for being "super-rich" at which point the rules start working for you.
2 comments

If you're looking to hide $10MM+ with one firm, then diversification says that you have a lot more than that in total. So imo the "super-rich" cutoff is around $100M
I'm not sure that you need to diversify for that. It makes sense to have one really good lawyer who knows how to distribute it. The money will end up in different countries, trusts and with a number of partners. But if you don't want to deal with the complexity yourself, you likely need to have one expert who does. That's also why you need so much to start, it's not just about setting up one company, it's about creating a whole net of companies .
and you know this how?
Your question is not much helpful. You are not in a position to question the parent poster about his knowledge or practices. His host country does.

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