A reader emailed this week to ask: “How do I set up an offshore LLC?” That’s a loaded question that’s impossible to answer. Like most things in life, going offshore isn’t a one-size-fits-all program. Options are many and varied and must be considered in the context of an individual’s personal situation. It could be that […]
My first work assignment overseas was more than 23 years ago in Chad. I was sent to the country on assignment by the oil-drilling company I was working for to fill in for their permanent administrative manager while she took her six weeks annual vacation. Before the trip, the drilling company’s doctors gave me all […]
Using your IRA to invest in real estate offshore was a popular topic of discussion at my Global Property Summit earlier this month. As I’ve been reporting for many years, it’s possible to invest your IRA funds outside the United States. However, to do so, you have to find an IRA custodian that allows for […]
Dozens of jurisdictions offer offshore corporations, LLCs, trusts, and foundations, but every offshore attorney has his go-to choices. My Belize attorney prefers St. Lucia because a St. Lucia structure can help to mitigate tax liability when doing business in Belize. One U.S. attorney I know works mostly with Belize entities; another likes Nevis. How should […]