My wife has suggested I write a book. The two of us are in residence at Los Islotes together for the next three months. Seems like an opportunity for that
My standing rules for banking overseas include having two bank accounts for each operating entity that has income. Most real estate holding companies that are used to hold property that doesn’t have income don’t need a bank account because there’s no money
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. “Hello,” you say as you take a seat across from the helpful banker, “I’d like an account with you.” Or, easier yet, you fill out some forms online and save […]
Offshore diversification may be a new agenda for most Americans, but, for much of the rest of the world, it’s second nature. Traveling in Argentina a few weeks ago, I was reminded of this. Any Argentine with any extra cash has a bank account offshore. For him, this could mean an account in the United […]
Over the past several weeks, I’ve been working with our Live and Invest Overseas teams on the ground across the globe to create a road map for you for 2022. After one of the most uncertain and challenging years of
At my Offshore Wealth Virtual Summit last week, one attendee proudly commented that he was well into his flag-planting and had already taken several key steps toward internationalizing his life. He had a bank account in Panama… had made real estate investments in Panama… had actually moved to Panama… and was on his way to […]
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 […]
The World Has Gone Completely Sideways—Here's What You Need To Do Now With all the doom and gloom coming from the media, you might be feeling intimidated or even overwhelmed. For sure, we all have good reasons right now to be confused about which way to turn from here. What do you do when the [...]
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 [...]
Planning Your Legacy And Protecting Future Generations The idea of legacy planning isn’t new. Families from the Rothschilds to the Duponts and the Kennedys have done it for a long time, and some European families have created plans that have maintained family wealth for centuries. The idea that those of us with less substantial assets might [...]
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.