A back-up plan. That’s what many people are looking for right now. They don’t want to diversify globally altogether, but they do want to put a plan in place in case something happens and they feel like they have to get out of their home country in a hurry.
Report From The No-Go Zones I spent last week in Puerto Vallarta, Mexico, and am this week in Belize City, Belize. Two places that the U.S. State Department thinks no American should visit. Way too dangerous. I'm not going to try to tell you that nothing bad has ever happened in Mexico or Belize. Parts [...]
Panama Creates New Opportunity For Residency, Not Necessarily Employment The buzz in Panama last week was an executive order (Executive Order 343) that created a new category for residency in this country. Everyone is hopeful this order will make it easier for foreign nationals to obtain residency and, critically, to be able to work in [...]
I’d say that a second passport is a more critical piece of your global diversification plan right now than ever before.The U.S. Senate has passed a transportation bill that includes a section giving the IRS the power to revoke the passport of any American who the IRS decides might owe US$50,000 or more in taxes. […]
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 [...]
Why Do We Keep Lying To Our Readers? As I'm in Medellin this week, I'm reminded of an e-mail from a reader from a few months ago. This reader was demanding a retraction of our endorsement of Medellin as a retirement and investment destination because he had done some Internet research and found "conclusive" information [...]