Swiss bank secrecy, and banking privacy the world over, are dead and gone! The banks of Switzerland are bowing down to the United States yet again…Swiss bank secrecy is dead and gone again. The difference this time is that basically all Swiss banks are paying up, not just those with branches in the United
As America hurdles towards default, more of us are considering diversifying out of the United States and planting the first flag offshore. While there may be some last minute backroom deal to stave off disaster, many of us have lost confidence in a system out of control. If this resonates with you, I suggest you
There are many US tax benefits to living, working, and/or investing offshore. This article discusses each of the Tax Benefits of Going Offshore in detail with links to supporting information. If you are considering going offshore, this is a must read.
If you are a non-US person with a US corporate bank account, and your bank tells you to convert from your foreign corporation to a US entity, be afraid, be very afraid. Find out the consequences here.
Offshore Bank Licenses go the Way of the Dodo The issuance of offshore banking licenses to anyone willing to put up some cash is a thing of the past. Back in the day, if you wanted to get in to the financial services industry, all you needed to do was find a small Caribbean island