If you want to open a bank account in the United States, you walk into a branch of a bank and simply state that objective. That is, you say you want to open an account. Or, even easier, you do it online and save yourself the trip to the bank. As long as you have […]
The Long Arm Of U.S. Regulatory Agencies Creates More Problems For Americans Offshore Last year, the U.S. Federal Trade Commission (FTC) shut down a development project in Belize. The development had been marketing via TV infomercials in the States. The commercials must have been moving a lot of real estate... enough to get the attention [...]
Don't Invest In These Offshore Markets Before Reading This Something to consider when investing in another country are the requirements for repatriating your funds if and when you decide to sell the investment. Often, transferring money out of a country isn't as simple as calling your bank and initiating a wire of the funds. Some [...]
I Hate It When My Wife Asks Me These Questions My wife has suggested I write a book. The two of us are hunkered down in Panama together for the next three months. Seems like an opportunity for that kind of project. "Begin," my editor wife counseled, "by reviewing the big-picture benefits of organizing your [...]
The Best Place To Hold An Offshore Bank Account The question I am asked maybe more than any other by readers and conference attendees is: Where is the best place in the world to open an offshore bank account? As with any question related to your personal life, the answer is: It depends. It depends [...]
Cloned! What You Need To Know About Debit Cards When Traveling My son is traveling in Japan with a couple of classmates during the first break of his freshman year at university. In addition to now being able to check off his first “solo” country (that is, country that no one else in the family [...]
At last week’s Offshore Wealth Summit in Santo Domingo, my team and I looked at the best current options for planting your Five Flags, including your best choices today for alternative residency and for opening a bank account overseas. Why might you want a bank account in another country? Maybe because you’re planning to move to […]
What's Fueling This Boom? (And, No, It's Not Too Late For You To Get In) The economy of the country where you decide to relocate is important... because a healthy economy means money flowing through the place. It also helps to support a safe and stable climate generally. Panama has the most robust economy in [...]
DR Citizenship And A Bank Account In Singapore—My 2018 Plan Already we're at the end of the first month of this New Year. What flags are on your resolutions list for planting in 2018? At the top of my personal agenda this year is finalizing my Dominican Republic naturalization. The process was delayed in 2017... [...]
Here’s some fresh advice, something that goes against what Vicki and I have been saying and doing for at least 30 years. Carry more cash when you travel or live abroad. I hate to recommend cash. With cash we’re vulnerable to theft and loss. Some years ago friends rented a beach house in Uruguay, hid […]
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.
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