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2015-04-23 — internationalman.com
Given what has happened, it's only prudent to assume that sooner or later all the details of your financial life will come to rest in a government computer--if they're not sitting there already. You should plan accordingly. We live in a world where pretty much every penny you earn, save, and spend leaves a permanent record somewhere, and that can be retrieved for scrutiny by government employees at any time.
...
While privacy for financial assets like bank and brokerage accounts is essentially dead, non-financial assets like foreign real estate are a different story. Owning foreign real estate is one of the very few ways Americans can legally keep some of their wealth abroad while still retaining a measure of privacy.
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