You need a plan for your future. But you already knew that, right? The trouble is that making a plan for your future is a big, daunting idea. I mean… where… how do you start? You don’t want to get this wrong… but how can you know which is the best path to follow to […]
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 […]
Kathleen and I have just returned to Paris from Chamonix, where we spent Christmas with our children and baby granddaughter. We’re following the coronavirus rules in France, but the fact that we’re all able to be in this country and to travel during the pandemic is a testament to the more than 25 years Kathleen […]
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 [...]
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 [...]
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 […]
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.