How To Go Offshore: You Can Do It Yourself (Shocker) This week's Offshore Summit has been organized around a series of panel discussions, one for each of the Five Flags being considered. Yesterday morning, Mark Nestmann, one of the world's leading experts in offshore residency and second citizenship, led a panel discussion related to choosing [...]
Speak The Language Of Investors Back in Paris after having been gone for several years, my French, limited when living here, is, well, more limited. But the good news is that this is Paris, and, despite what many Americans say, you can get by here, even full-time, with very limited, even hardly any French. Certainly, [...]
"Grown In Colombia"--A Business Opportunity (It's Probably Not What You Think) I wrote last week about the abundance of business and investment potential in Colombia right now. We noticed opportunity everywhere we looked. Our daughter, for example, decided to try exporting the cow hides we found for sale in a roadside shop just outside Medellin. We [...]
Euro's Fall Creates Opportunity For Property Investors In Search Of Diversification The euro has lost 6% against the U.S. dollar in the month of May and is rapidly approaching its most recent low (June 2010) of US$1.20. Make no mistake. It's the euro losing value against the dollar, not the dollar gaining value. The financial [...]
I recommend regularly that you have at least one bank account offshore…and that opening a bank account offshore can be the easiest first step to diversifying and internationalizing your life. But why? Why is a bank account in another jurisdiction such an important thing? First, a clarification. When I speak about having a bank account […]
Team USA--Pissing Off The World's Banks For Nickels And Dimes We've been reporting on the 2010 Foreign Account Tax Compliance Act (FACTA) requirements since the bill was introduced two years ago. Now, the implications and consequences of what amounts to one of the most arrogant and extra-territorial pieces of legislation in history are beginning to [...]
"Why Would I Do That?" An Irish reader was incensed by my Monday letter. He took offense specifically to my comment suggesting that the Irish electrician who didn't show up until weeks after the appointment he'd set only showed up after he'd run out of pub money. My new Irish friend didn't take the position that [...]
There's No Such Thing As The "Best" Way To Go Offshore I have a friend who is pursuing multiple residency options concurrently. He's in different stages of trying to establish residency in several different countries with an eye to eventually obtaining citizenship in each one, as well. He figures that at least one of the [...]
Take Action Now...Before They Change The Rules On You In my Monday dispatch to you, I suggested Barclay's international branch in London as a place to take a first step in diversifying yourself offshore...by opening a bank account there. A reader wrote in Tuesday to tell me that the boilerplate at the bottom of the website [...]
Why Did Ireland Implode? (And What Can We Learn From That Debacle?) A top news story this morning is about a woman in Michigan who won US$1 million in the lottery. She took the lump-sum payout option and, after taxes, came away with US$500,000. The story isn't about her winning the lottery, but about the [...]
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.
