Take Your Money And Run!
Author: Alex Doulis, Ruari Duffield
List Price: $14.95
Our Price: Click to see the latest and low price
ISBN: 0969843208
Publisher: Uphill Publishing Ltd. (01 April, 1998)
Sales Rank: 297,580
Average Customer Rating: 3.5 out of 5
Customer Reviews
Rating: 3 out of 5
Useful if you are Canadian ... but ...
I read this book several years ago and found it a useful starting point to plan my early retirement outside of Canada. While the overall "system"/"approach" described in the book is useful, it is my understanding from others that have read the book that what is described is not entirely lawful in Canada and may be considered tax evasion (which is illegal) in Canada. Much of the book describes how to "hide" your money so the Cdn and other governments can't track your capital gains - ie: off shore accounts - use of brokers in Denver (I think) Colorado by the trusts set up in the off shore accounts etc. However, I read an earlier than 1998 version of the same book so maybe it was cleaned up.The other major complaint I had with the book was the philisophical rant that ran through the book vis-a-vis Canadian politicians. The author spent so much time grinding his axe that it reduced the credibility of the book. It would have been much preferable for him to describe the legal means by which investments/income/RRSP's (the Cdn equivalent of IRA's) could be moved out of Canada in retirement.
However, notwithstanding all of the above, it was a very useful first look at all the constituant parts of leaving Canada and living well off investments for one's early retirement years. I hope this latest version of the book resolves some of the problems discussed with the earlier text.
Rating: 2 out of 5
Useless if you're not Canadian!
This book discusses ways for a Canadian taxpayer to retire and avoid Canadian taxes. It's of little technical value to citizens of the United States!
Rating: 5 out of 5
This book will pay for itself many times over!!!!!
The contents of this book will enlighten you to the legal methods of planning your finances to avoid paying taxes to inefficient governments.If you follow the simple guidelines you could be retired early and sailing around the world while the rest of the uninformed people toil to pay for the expensive habits of our elected government officials.
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