After yesterday's email, I had a couple of clients contact me about what I wrote in the postscript…

I had written that: I fully expect them to make it illegal to physically leave or send your money out of the country…

My clients wanted to know what insights or things I have seen indicating this.

Well, besides the obvious point that as we see massive amounts of capital flight leave these countries, the tax base starts to dry up.

If society's most productive members leave and stop paying taxes.

What do you think the government will do?

Do you think they will stop their wicked ways, cut government spending, reduce taxes, apologize, and respect personal, bodily and economic freedoms?

Hell-freezing over is more likely…

We have already noticed it is becoming harder and harder for clients to send payments out of Canada for international real estate or investments. 

They often make you come into the branch now, you have to fill out extra paperwork, they ask very personal questions, and you have to explain why you want to send your money somewhere.

Then when you have finally done it all and wait for the transfer to go through, it never happens. 

So many Canadians' funds get frozen and are sat in limbo. 

Of course, it’s “for their own protection.”

I had a client almost be in breach of contract for a property we were purchasing for him overseas because the bank said the transfer was suspected of fraud and wouldn’t release the money.

We are starting to see a shadow ban on international banking as a way to stop the hemorrhaging. 

I suspect in the near future, we will have full-blown capital controls in North America. 

A terrifying prediction, I know, and not one I take lightly. 

But there is a totalitarian technocratic plot at play here, and we already see the beginnings of CBDC being introduced around the world.

If you have money, a family, or a business that you are looking to protect, I suggest we get to work on securing your life overseas; while we still can:

https://expatmoney.com/important-letter-freedom-convoy

Speak soon,

Mikkel

PS. We are seeing this happen in other countries as well, not just Canada. So don't think you will escape this; they are coming for all of us

No advice: The newsletter contains information about going offshore and being an expat. The information is not advice and should not be treated as advice. You must not rely on the information in the newsletter as an alternative to legal, financial, or tax advice from an appropriately licensed professional. If you have any specific questions about any such matter, you should consult an appropriately licensed professional. You should never delay seeking legal advice, disregard legal advice, or commence or discontinue any legal action because of information in this newsletter or in our work at Expat Money™. Limited warranties: Whilst we endeavour to ensure that the information in the newsletter is correct, we do not warrant or represent its completeness or accuracy. To the maximum extent permitted by applicable law, we exclude all representations, warranties and conditions relating to this newsletter or our work at Expat Money™. We will not be held liable for any decisions you decide to make as the consumer of this content. Law and jurisdiction: This disclaimer shall be governed by and construed in accordance with Panama Law. Any disputes relating to this disclaimer shall be subject to the exclusive jurisdiction of the courts of Panama. This message is sent to you because your email address is on our subscribers' list. If you are not interested in receiving more emails like this one, just hit unsubscribe at the bottom of this email.