An attendee at a webinar I hosted earlier this month asked for specific recommendations for how to carry out due diligence on real estate investment opportunities abroad. He knows how to do his due diligence for real estate purchases back home, where he is an active investor, he explained, but he is just getting started […]
Offshore Structures 101—Why, Where, And How This week I’m hosting my annual Offshore Wealth Summit from Paris. For the first time ever, it’s a virtual event. My fellow presenters and I are all signing in remotely—me from Paris, them from Panama, Colombia, Mexico, Brazil, Belize, Italy, Portugal, Thailand, the United States, etc.—to discuss strategies for [...]
A banker friend from Austria who speaks at many of our live events likes to ask the following question as part of his presentation: “What happens to your bank account (in Austria… or anywhere else offshore) if you and your banker—and only you and your banker—know about its existence… and then you die?” If you’re […]
Fundamentally, an offshore bank account allows you to remove some of your money from your home country’s banking system. That’s the big-picture upside. An offshore bank account, once in place, also can allow you access to alternative investment options not available back home… especially for Americans and Canadians. Through your offshore bank account, you can
I’ve spent the past two-and-a-half decades scouting the world for the best opportunities to make money while having some fun. Right now, I’d say that having options is a more critical agenda than it’s ever been… and that not having options leaves you exposed and
Estate planning is something everyone needs to think about even if all they intend to do is put a will in place designating what assets go to which heirs. Without a will in place, the deceased is considered intestate and their assets will be divided up based on the laws of the state where they […]
The euro has been bashed since its inception. Now, Hungary’s central bank governor is promoting the idea of European countries being allowed to walk away from it. Hungary is meant to adopt the euro… but its leading banker has cold feet. György Matolcsy says it’s time for all Europe to admit that the euro was a […]
How To Beat Estate Tax And Probate When I bought an apartment in Portugal three years ago, my standard offshore holding structure ran into a snag. Portugal has a blacklist of tax-advantaged countries that includes Nevis, where my LLC holding structure is set up. Using that Nevis entity to hold title to the apartment would [...]
What If The Doomsdayers Are Right? Here’s How To Prepare For The Worst Last year my pregnant niece, her husband, and baby had to be rescued from a second-story window during Hurricane Harvey in Texas. They climbed out of the window, dropped down into a boat, and rode to safety. After the hurricane passed, they [...]
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.