Tag Archives | invest offshore

Wealth Protection

QUESTION: I subscribe to a variety of financial newsletters. Several have suggested for more then several years that it would be “prudent” to open a foreign bank/brokerage account so as to move a portion of one’s liquid assets “offshore” (out of USA). The thinking is that the US dollar is going to flat line at […]

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Offshore Living and Investing

Offshore Living & Investing

Offshore Living & Investing, by David A. Tanzer – Going offshore offers exciting opportunities for international investing, risk management, portfolio diversification, privacy, tax minimization, asset protection, dual citizenship, and much, much more. Understanding foreign currency trends, the new world of offshore banking, and how to use international trusts are essential. Understanding the financial benefits and […]

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When an Offshore Bank Fails

by Ronald Edwards Special Notice: Offshore Banks are not fully licensed banks. Panama Legal Law Firm Never opens accounts for clients at offshore banks anywhere. Article for information only. Introduction – What we are going to do is describe the legal and mechanical process relating to offshore bank failures. We will discuss what leads up […]

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Tax Haven Non-Sense and Deception

by Vern Jacobs There seems to be a huge amount of non-sense and some outright deception about the impact of tax havens and the alleged abuse of tax havens. The following comments are offered as an attempt to provide some balance to the arguments of those who rail against U.S. persons with foreign income, particularly […]

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British Virgin Islands Business Companies Act

On 1 January 2007 the British Virgin Islands Business Companies Act 2004 (the BVI BC Act) became the sole Business Companies Act in the jurisdiction, creating positive changes for financial institutions and corporations undertaking a wide range of structured, asset, and project finance transactions in the BVI, according to Walkers, the global offshore law firm […]

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Tax shelters are like ice bergs…

… because the 10% on top is glistening and gleaming and looks wonderful, and 90% of it that is hidden is filled with unknown dangers. The history of tax shelters in the United States has at best, been dubious, and at worst disastrous. The biggest problem with a tax shelter is that it is intrinsically […]

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The Rolling Stones get tax breaks

AMSTERDAM, Netherlands, Aug. 2 (UPI) — Britain’s Rolling Stones raked in $152.5 million last year, but thanks to offshore investing, paid only 1.6 percent in taxes, it was reported Wednesday. The legendary rock group practices in Canada and has had all of its finances handled in the Netherlands since 1972 to avoid paying high British […]

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Miami Banks Fear Loss of Int’l Clients

The sparkling glass towers rising above the Atlantic along Brickell Avenue have long been the place where Latin America’s wealthy parked their money during political crises and invested it when times were good. International banking leaders say that post-September 11 security regulations have scared off some clients with clean money who, despite their proximity and […]

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