A: You will find "expat" schooling services in all first world countries and many others besides. Distance learning over the Internet is also a possibility. Alternatively (or in addition to that), you could home-school your children - your "home" being wherever you happen to be at any given moment.
In fact, could there be a better way to help your children keep an open mind and understand important issues of history, politics, culture, life - than teaching them while traveling around the world?
Show them the Colosseum of Rome, the Pyramids of Egypt, the Slums of Johannesburg, the Skyscrapers and Dragon Boats of Hong Kong, the Stock Exchange of New York... The British Museum of London, the Nazca Lines of Peru, the Louvre of Paris, the Great Wall of China... Cosmopolitan Caracas, Fascinating Tokyo, Bustling Shanghai, Clean & Green Auckland, Shining Dubai, Imperial Vienna, Post-War Belgrade, Reemerging Istanbul...
On a more conservative budget, pick a few low-cost countries (like Mexico, Thailand, South Africa, Hungary, Spain) and spend six months in each of them. This way, a small family can live very comfortably on $35,000 a year - and you get to live in two new countries each year! If you can raise $100,000 (e.g. by selling your current home, cars etc) and invest that money offshore at 35% per year (tax-free), there you have your annual $35,000. Anything you might earn through work on top of that (if you choose to work, as most PTs do) can be used as tax-free spending or investment money.
Going PT with your children also gives them the unique advantage of learning different languages by picking them up naturally - as you'll be spending time in countries where those languages are actually spoken. They will also make friends all over the world - and stay in touch over the Internet.
Institutionalized "higher learning" (in a college or university environment) will become less and less important in the new knowledge economy. Teach your children two or three languages (other than English), history, geography, capitalism, accounting, marketing, computers - and of course the entrepreneurial offshore mind-set, as discussed elsewhere in this e-book.
You can do that anywhere in the world, and it definitely gives them a much better chance at life than your average conformist "numbed-by-public-schooling" college survivor could ever dream to have.
If your children do decide to visit college or university at a later stage, they can take a short course & exam in many countries that will give them all the credentials they need. (Alternatively, such credentials can of course be obtained in exchange for some favors, monetary or otherwise, in most second and third world countries.)
Q: How about medical treatment, how good is it in many of those tax havens? If you live in tax havens all the time, isn't it cost prohibitive to run to a major country each time you need the help of a physician? How about medical insurance?
A: There are a number of good international medical insurers, and medical treatment is certainly adequate in most civilized countries. Through a healthy lifestyle and poison-free nutrition you can actually prevent most medical problems from happening, thereby keeping your medical expenses to a minimum - something the medical "industry" certainly doesn't want you to know about.
Also keep in mind that medical insurance is a form of gambling - and by not creating the conditions for disease in the first place, you actually decrease your odds of "winning" a big prize. If you know how to stay healthy, and how to take care of yourself, why participate at all? Many PTs do claim personal responsibility for their health and have no health "insurance" at all, but prefer to pay the infrequent treatment costs out of their own pocket. This pocket of course, due to not being taxed by Big Brother, is significantly deeper than most comparable "onshore" pockets.
In any case, please be aware of the difference between "residence" and actual "living". It is not necessary to "live" in a tax haven to become a PT. Sure, ideally you want your "residence" in a tax haven, but you don't have to actually live there. The essence of this lifestyle is that you live in places you want to live in - but for shorter periods of time. The sole purpose of a legal "residence" is to establish your tax status. If you're a resident of a country that has no personal income tax (such as Paraguay), then you are simply not liable for any income tax. And if you then travel around as a tourist - staying 6 months in Australia, 3 months in the UK, 3 months in Brazil for example - then you are deemed a tourist as far as these countries are concerned, and not liable for tax either.
As a US citizen of course, you are "liable" to file tax returns no matter where in the world you are - and you may be "liable" for tax above certain allowances. That's why some tax havens - like the above mentioned Paraguay - offer full citizenship after a number of years of residence.
Obtaining such a second citizenship could enable you to renounce your US citizenship - thereby synchronizing your identity documents with your freedom lifestyle, so to speak.
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