Do Not Invest In A Panama Corporation (With This One Exception) When I first began spending time and money in Panama some 18 years ago, I remember the local attorneys talking to me about the need to put any piece of real estate purchased in Panama into a Panama corporation. As a rule, that’s how [...]
Sneak Peek At Next Month’s Private Show In Colombia I look for any excuse to spend time in Medellín. My wife has finished the apartment we bought here in 2011 to a luxury standard (why not, we figured, when we realized that luxury comes at a very affordable price here), and the city itself is, [...]
Zen And The Art Of Taxes For The American Abroad I’ve been preparing U.S. taxes since I was in high school. My first office job as a teenager was working for a small CPA firm in Phoenix, Arizona. That group trained me, over the three years I worked for them, in the basics of tax [...]
Don’t Tell ICE, But My Name Is Ommar What do a British school teacher, a Russian Playboy model, and Muhammad Ali Junior have in common? They’ve all been stopped by U.S. immigration. The British school teacher was barred from boarding a flight from Reykjavik to New York. He’s a British citizen, but he’s Muslim... And [...]
Diversify Offshore? What's The Point... I'm working today to finalize the list of speakers for my Offshore Wealth Summit to see who else I might be able to fit in. My team and I have put together a powerful lineup for this year's event, with more and more diverse speakers than ever before. However, as [...]
The Powerhouse That Is Panama "What’s the first word that comes to mind when you hear ‘Panama’?" full-time Panama expat Charles Conn asked the crowd in Panama City the last afternoon at the Live and Invest in Panama Conference last week. "The Canal," replied the audience. "Another thing you probably think of are hats," continued [...]
“I’m expecting a windfall payout imminently from a currency investment. When I receive it, I want to reinvest the proceeds in real estate overseas…” So wrote a reader a couple of years ago. He didn’t want to say what the investment was for fear of tipping off the marketplace, but, eventually, in a follow-up email, […]
The U.S. dollar continues at highs against currencies around the world, including the British pound and the euro. Pundits are predicting more of the same. I’ve read and heard talking head after talking head calling for an ever-stronger Greenback. It reminds me of a few years ago, when those who try to crystal-ball this stuff […]
“What bank do you recommend in Panama?” That’s one of the most frequently asked questions I receive. I get it at least a couple of times a week… The honest answer? None. Panama currently has 78 banks. Of those, 29 have international licenses; 49, including the 2 government banks, have general licenses. I’ve dealt personally […]
Your Only Defense In The Developing World A talk show host in the U.K. has Julio Iglesias on as a guest. He starts talking to him about the Spanish language... They come around to the word mañana, and the host asks Julio what, exactly, it means to a Spanish speaker. Julio responds to explain that, [...]
Offshore Living Letter is a publication of Live and Invest Overseas. Our goal is to provide timely, actionable information on all things offshore, including: how to go offshore, diversifying your portfolio, wealth creation, protecting your assets, and much more.
