I met with a friend recently who is working on his Plan C. My friend (I’ll call him Joe) already has a second residency that is leading to a second citizenship. Now he has established residency in a third country to take advantage of the short timeframe that country requires for one to be married […]
It’s a sign of our times. Some people I spoke with had already invested in obtaining second citizenships and were asking my thoughts on what to do with their second passports. They understood that having two passports was a good idea but weren’t quite sure how to take advantage of the assets now that they’d […]
One important piece of internationalizing your life is establishing residency in another country, either because you intend to move to that country or because you want a backup residency in your back pocket in case things go completely sideways and you decide it’s time to bug out. You have many good options in either case, […]
The most cost-effective, hassle-free invest-for-residency program we know of available anywhere in the world today is in Panama and takes advantage of this country’s “Specific Countries” residency visa program. The Specific Countries program was initiated under Ricardo Martinelli’s presidential administration through an executive order that the new president of Panama, Juan Carlos Varela, has so […]
“I told them the contract is risky, but they invested anyway.” That’s what one of my attorney contacts told me about a recent client experience. He was surprised and even appalled that the client didn’t take his advice and walk away from the investment because he, the attorney, had concerns about some of the contract […]
The super-rich have a growing number of options for obtaining second passports through economic citizenship. These programs are most attractive to the wealthy from countries whose passports don’t allow for much visa-free travel—Russia, China, and the countries of the Middle East, for example. Spending anywhere from US$100,000 to more than US$2 million depending on the […]
I remind you often that you should take action to set up a flag offshore as soon as an opportunity that interests you to do so presents itself. Wait…and the rules can change, meaning the opportunity can disappear. In today’s offshore arena, the only constant is that everything–policies, requirements, restrictions, etc., to do with banking, […]
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.
