Asset protection through the use of international financial strategies requires considerable initiative, alertness, determination, and dedication. Not that it doesn't pay. Sad to say, the net gain from each hour dedicated to protecting your wealth is almost certain to be higher than the net gain from an hour of productive employment. There is also a psychological dimension that must not be neglected. Heavy taxes, whether used to provide luxury for a ruling elite or to support welfare schemes, always have the effect of penalizing individual initiative and productivity, reducing investment capital and thus the resources required for economic growth, reducing the standard of living, and forcing individuals to hide things, both activities and incomes, from the government and from one another.
Heavy taxation is, therefore, a danger to the future of the high-tax countries.
Internationalizing assets assumes at the outset that the investor has assets that are available for investment. To consider the question of the morality of tax avoidance, it is first necessary to set forth a working definition of the word morality. In the context of taxation, morality is not considered an absolute, but a concept which, like the tax laws themselves, is subject to interpretation. Others would argue the libertarian position that all taxation is theft. The morality of taxation changes with the times.