If you only really new the (hookers) that have those advanced degrees you wouldn't think so bad about lawyers. Plus you need a CPA and Lawyer on seed dial when you know how to make money or you already have it.

I love you people of the world you make smile and laugh.


Effie White

Five Flag Theory
Perpetual travellers may attempt to organize their affairs around the "Five Flags" theory, arranging for different facets of their lives to fall under the jurisdiction of separate countries or flags. This is W.G. Hill's own "2 flag" extension of investment advisor Harry Schultz's original "Three Flags" approach.
Whether to minimize governmental interference (via taxes or otherwise), or to maximize privacy, the theory proposes that you arrange for each of the following to be in a separate country:
Passport and citizenship - in a country that does not tax money earned outside the country or control actions.
Legal residence - in a tax haven.
Business base - where you earn your money, ideally somewhere with low corporate tax rates.
Asset haven - where you keep your money, ideally somewhere with low taxation of savings interest and capital gains.
Playgrounds - where you spend your money, ideally somewhere with low consumption tax and VAT.