Section 18

Offshore Trust Account With a Gold MasterCard

Of course, there are other important considerations, but these are secondary to the urgency of getting offshore for safety reasons. Next, you can plan and structure your offshore activities as necessary and at your leisure, without fear of having everything you own at constant risk. By putting distance today between other people and your money, you will prevent the opportunity for someone else to financially destroy you.

CRA of America, Inc. provides a variety of popular services to persons worldwide who wish to go offshore. CRA incorporates Bahamian IBCs, provides assistance with establishing a trust account and obtaining a Gold MasterCard credit card. And when ready, CRA can assist with establishing an asset protection trust (APT).

The Bahamas, as previously discussed, offers state-of-the-art communications and international offshore banking. No taxes are imposed and no double-taxation agreements exist with the United States. There are no exchange controls.

Local legislation is based on common law, thereby automatically enforcing the British standard of confidentiality. You can count on bank secrecy as usual protocol.

Within 72 hours your new interest-bearing account will be established in U.S. dollars, and you will immediately receive a Gold MasterCard credit card. No credit check!

The Gold MasterCard may be issued in your name or the name of your corporation, such as your Bahamian IBC, which will afford you the extra benefits of privacy and protection. It is an ideal means for accessing your offshore funds from anywhere.

Highlights and Requirements

1. The minimum funding requirement to open the trust account is $6,750.00 for a $5,000.00 line of credit up to a maximum $67,500.00 deposit for a $50,000.00 line of credit. This money secures the credit line and is held separately. All expenditures made against the credit card are itemized on a monthly statement which should be settled each month as with any card account. Funds can be sent either by U.S. draft directly to the Trust Company or via a wire transfer.

2. The held funds draw 3-4% per annum. Semiannually, the earnings of the fund can be either paid to the cardholder or credited to their account.

3. An annual card fee of $150.00 (single applicant) or $185.00 (company applicant) is levied and charged to your account. Additional cards are available, with the principal cardholder being responsible for all payments, at an additional cost of $35.00 per card.

4. The card credit line can be increased at any time, simply by sending either a U.S. bank draft directly to the Trust Company, or a wire transfer. The credit provided is 75% of any funds placed in the fund.

5. All items of expenditure are automatically converted from the currency spent to the U.S. equivalent. Therefore, all transactions listed are settled in U.S. dollars.

6. All applicants must submit, along with their application form and trust agreement, a copy of their passport (with photo page), plus the security deposit. Once the funds have cleared, the credit card will be issued the next business day.

By engaging the services of CRA of America, Inc. to assist with obtaining an offshore credit card, you are assured of maximum privacy and efficient service in opening your account. In order to proceed, please complete the Bahamas Incorporation Order Form and return it to CRA with the service fee of $300.00 (check or money order) payable to CRA of America, Inc. Upon receipt, CRA will rush you the trust agreement and application for your completion, along with instructions.

Benefits of Your Trust Account and Gold MasterCard

1. 75% credit line on security deposit

2. 24 hour service

3. Greater return on deposits; defined, independent investment plan

4. One single account; no separate settlement account

5. Installment payments; 10% monthly allowed

6. 60 day grace period for nonpayment

7. 12.9% interest on balances carried

8. Bahamas Domicile - Bahamian owned Trust Company

9. Ease and cost of communications

10. Dedicated credit card operation - that is all they do

11. In-house moneygram person-to-person cash transfers; including standing orders; billed directly to card

12. Telephone card; internet; faxes; billed direct to card

13. Brokerage operations - buy and sell orders; billed directly to card

14. Fax and direct billing of monthly statements to bank and fund manager