What is Cash Gifting?
Private cash gifting is a concept embraced by private groups of individuals and has been in existence for many years. Our private activity does not involve network marketing, multi-level marketing, or a business or commercial activity. There are zero business transactions, investments and/or securities involved in this activity.
Gifting as a concept is based on the idea of charity and philanthropy. We are group of individuals that have come together to help one and another prosper through our group dynamic and team support. Our Cash gifting program is not a "Get Rich Quick Scheme" based on greed and selfishness. We have come together for one reason: To help "other" people prosper, and as result, receive prosperity ourselves through our "gifting in forward" approach.
Our Magnetic Gifting Team is the most successful and documented cash gifting group in history for one reason, because we believe in "giving without any expectation of return". And therefore, prosper abundantly.
Is Cash Gifting legal?
In researching this activity, it's important to keep in mind that there isn't a book out there that tells you what is legal in our society, only what is not legal. (This is true for every country around the world that is participating in Gifting).
If you do your research online, you're going to see there's really nothing saying that cash gifting is illegal. Most of the time it's people expressing their personal opinions, not facts. And after years of experience and thorough research, no one has been able to show us ANY law in black and white stating that giving a cash gift is illegal.
In fact, we learned that both American and Canadian citizens have the Constitutional right to gift property, cash and other assets. Many other countries participating in cash gifting also have very similar gifting laws.
In the United States we have the Preamble, the Constitution and the Bill of Rights to protect a private citizen's rights to earn, pay taxes and give away property and cash as long as it's done according to the laws and codes of this country. The U.S. gifting rules are found in the IRS Tax Code, Title 26, Sections 2501-2504 and 2511. "Click here" for this document.
In 2008 in the United States of America, the law states that one or more individuals can give a cash gift to another individual of up to $12,000 each per calendar year without any tax liability to either the giver or receiver of the gift, because the tax on the gift has already been paid. Even with this exemption, you can still receive unlimited amount of cash gifts at any level.
We also found that most well organized Cash Gifting programs require each participant to use some form of a Gifting Statement and/or Non-Solicitation form, which when signed, become binding agreements between two private individuals. These forms are used, it's said, to ensure the longevity and legality of a gifting program.
So giving a gift of cash to someone, be it a friend, family member or a stranger is legal according to IRS code. Again, there's no specific nation-wide law that I've been able to find to say that cash gifting is not legal.
Is this a pyramid?
Not at all! A pyramid is associated with an investment scheme, a company or a business. We are not a company, just a private sharing club. We have zero sales quotas, we do not sell positions and we do not have an ever-widening base to the structure, which just keeps going and going. A pyramid never allows anyone coming in on the bottom to ever reach the top. Everyone gives the same gifts, works together in a team and receives the same gift. In a pyramid, only those at the top profit while those at the bottom never reach the top. In a pyramid, people can and have lost their money.
A pyramid is also not to be confused with "Network Marketing". Although Network Marketing is a legal and viable source of income, when was the last time you, or anyone you know able to start at the bottom of the company and reach the top position? NEVER! We are neither a networking company nor a pyramid scheme.
How did this concept begin?
Our group started in 2001 and we have 2,50,000+ Members in 55 countries. Giving private gifts to one another is an expression of kindness, which has been going on for centuries. Very much like the traditional “Barn Raising” where an entire town would come together to help a family in need. The combined charity and synergy of people helping each other can create miracles! Governments have allowed its practice for individuals to share their wealth with families, friends and others. It has been a means of helping and blessing others on special occasions or when the need arises.
Many cultures gift as a matter of course. Asian, Jewish and South American communities gift individuals within their culture on a regular basis so that they may start a business or buy a home. They in turn gift someone else to help enhance their lives. Habitat for Humanity is a great example of private gifting. Everyone participates with their time, their talents and materials to build a home for someone else. Some participate with a hammer, some with nails, some with food and others with the monetary gifts to purchase the supplies, but all create a team that works together to bless someone's life. Ever see “Extreme Makeover?”
How does Cash Gifting work?
This activity is offered only by means of an exclusive one-to-one invitation. When someone accepts the invitation, they move through a natural progression from the giving to the receiving stage of the activity. In this activity, there is no fixed hierarchy of individuals who have an advantageous position or unfair advantage over new participants.
Who can participate?
As stated above, this is a private sharing group, and is offered only through an exclusive one-on-one invitation to individuals over 18 years of age. You are invited to learn more about our activity and become part of something extraordinary. Your geographical location is totally irrelevant with our revolutionary program!
Anyone can do this. Whether you are currently employed part-time or full-time, unemployed, retired, disabled, a student, single parent or a busy housewife, our amazing program will help you generate cash delivered directly to your door!
With my time tested money-making strategies and unique One on One training and ongoing support behind you, it really makes no difference whatsoever, whether you’re an absolute novice or a seasoned marketer
I’m broke. How can I give someone a Gift?
Napoleon Hill in his famous book "Think and Grow Rich" said a BIG secret to wealth was OPM! Using other people’s money! How bad do you want success!? Get creative. I had to borrow from 7 different people to get started!
Is this a company?
There isn’t a company. We are a team of individuals and we give "Gifts" to one another. We are not a business or an investment. A company can’t withhold or misplace our gift. We are totally in control and in charge of our own gifts and gift directly one to another.
How can you give to a stranger?
How many times have you given to United Way, the Salvation Army and other charities? You don't know who got the gift, what stranger. The only difference here is that this person will start out as a stranger, but you will get to know them as part of the team, work with them and perhaps develop new friendships. We all have met some of the most wonderful people and have made a lot of new friends across the country and the world. These people are giving, they like team dynamics - they are people we want to meet and befriend.
Why would I want to participate?
"Gifting" has changed countless lives for the better. People who were about to lose their cars and homes have been saved from financial ruin, college education's have been made possible, and nearly forgotten dreams have come true, all from participation in "Gifting". "Gifting" is the fastest way I have found to legally and ethically generate cash.
Do I have to share this with family and friends?
Not at all! The system helps direct you to the resources of like-minded individuals that want to change their lives with this activity through our proven marketing methods.
Can I do this part-time?
Yes. Many people easily work this activity around their existing schedule. It's a matter of setting priorities and fitting this into your current lifestyle.
Do I have to be a salesperson to do this program?
Not at all! There is zero selling or pressure. It is simply a matter of sharing this opportunity with others.
Can I join at any level to begin?
Yes. You can start by sending a gift of $500, $2000, $3,500, $6,500, $9,000, $12,000 or $20,000.
