Capital Controls Rolling Into High Gear Under FATCA

berwick1

“It isn’t just affecting the most financially restricted people on Earth: US citizens… it is affecting everyone.  Take myself, for example.  I operate numerous businesses worldwide.  I am a Canadian citizen as well as the citizen of a Caribbean country and our business operations are also operated out of a non-tax jurisdiction in the Caribbean.  On top of that we hold no bank accounts, whatsoever, in the US… instead, we have bank accounts all over the world.  Yet, in the last two months we have had our accounts or transactions frozen, denied or questioned in different jurisdictions at least ten times.  And we have had countless other problems over the last two years.”

http://www.thedailybell.com/editorials/35354/Jeffrey-Berwick-Capital-Controls-Rolling-Into-High-Gear-Under-FATCA/

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