Archive for ‘Offshore Banking’
IRS: No One Is Too Old, Too Poor Or Too Sympathetic To Avoid Prosecution
by Brian Mahany, Esq We have long said that the IRS and Justice Department are not letting up in their assault on taxpayers with unreported foreign accounts. Despite our warnings, many people with offshore wealth are still sitting on the fence. That “wait and see” approach could land them in jail. Why? Last week we [...]
The Shrinking World of Second Passports
by Micheal Davis Take a first-class vacation on us while getting a second passport at the same time! The Dominican Republic is a beautiful, diverse and freedom-minded country in the Caribbean. It is only a short flight from the US or Canada and has numerous direct international flights from around the world, including Europe, Central [...]
FATCA – Nineteen Eighty-Four 2.0
by David Finzer Big Brother Is Watching You(r Finances) WAR IS PEACE FREEDOM IS SLAVERY IGNORANCE IS STRENGTH BIG BROTHER IS WATCHING YOU Powerful words from George Orwell’s book ‘Nineteen Eighty-Four’ in which the Ministry of Truth weakens the independence and strength of mind of the proletariat, forcing them to live in a constant state [...]
Panama is a Pro-Business Country
by Jon Hanna The current President of Panama, Ricardo Martinelli, is a businessman owning the nation’s largest supermarket chain and several other successful businesses, including interests in banks, construction companies, and more. As a result of his pro-business administration, Panama has created unique laws encouraging foreign investments and welcomes foreigners relocating to Panama to start [...]
Save Money with Free International Forex Wire Transfers
by Ian Cragg, TorFX If you live outside of the U.S and have made a forex wire transfer, you’ll no doubt have wondered at the end of it when you check your bank statement why you have been charged $50 simply to send your money from Europe back to the U.S, or why the amount [...]
Why Bank Offshore?
by Jon Hanna According to the World Bank, more than half of the world’s wealth (over 6 trillion USD) sits in Tax Haven banks. Offshore bank accounts are not just for safekeeping money. They give you the ability to invest in commodities, foreign stocks, government bonds, international currencies, and mutual funds which may not be available [...]
The New Zealand Finance Company – A Tax Free Offshore Banking Solution
by Evgeny Orlov, Barrister – Equity Law The 21st century has seen an escalating regulation of the banking industry, whereby it has become much more difficult to obtain a banking license with increasing government controls and requirements. The use of the word “bank” creates immediate compliance issues, including capital/lending ratios, minimum founding, capital requirements and central [...]
The Retirement Plan that Pays 9% Fixed Interest
by Richard Benkert Credit Unions in Panama pay up to 9% fixed interest on retirement plans I know, it “sounds too good to be true” to earn 9% fixed interest on your retirement plan. That’s what everyone says when they hear 9% fixed interest. How can anyone pay such high rates? The answer is simple: [...]
The Euro – And the Reasons You Should Consider Investment Diversification
A look at why you should consider investment diversification by David Finzer, Capital Conservator ‘Wealth’ management and investment diversification is an interesting and important topic – you work hard for your money, but keeping hold of your assets and money is often more difficult than getting it in the first place. So how is this [...]
Are You Ready for the Foreign Account Tax Compliance Act (FATCA)?
by Michael Davis, Banker Trust How to minimize the impact of the Foreign Account Tax Compliance Act. The Foreign Account Tax Compliance Act (FATCA) will require banks either to give up details of their US clients or to withhold 30 percent on all receipts from the US. This is driving many Americans with dual citizenship [...]
Doug Casey: A Eurocrash is Baked in the Cake
In an interview with Louis James, world traveler and legendary speculator Doug Casey makes a compelling case for becoming a “permanent tourist” to be best able to survive the coming economic crash. Louis James: So Doug, you’re off to FreedomFest 2012 shortly, where people will be able to hear your latest thoughts on many subjects. [...]
Develop Your Own Geo-Arbitrage Strategy
by Bobby Casey, Global Wealth Protection LLC The world has gone mad. On a weekly or monthly basis we are being inundated with stupid legislation drafted by parasitic elected officials. It feels like we have a weekly ‘shit hits the fan’ scenario at this point. You can’t help but read about the 6 year old [...]
A Viable Personal Protection Plan
by Michael Guard, Capital Conservator WARNING: The following scenarios are scary, but are by no means certain. However, they are not far-fetched. The world’s financial system is teetering on the edge of complete collapse, and there are many directions the future could take. These are just a couple of possibilities. Scenario 1: Fearing the inevitable [...]
