We’re thrilled to have you join us on this platform where we share insights, offer expert advice, and explore the exciting world of international bank licensing, fintech, and regulatory compliance. Here, you will find a wealth of information spanning various topics, from starting up an international bank to navigating complex tax and business planning strategies. Whether you’re a seasoned player in the financial services sector or an entrepreneur looking to enter this space, our blog aims to be a reliable resource for you. We hope to inspire, educate, and engage you as we delve into the intricate dynamics of the regulated business landscape together. Enjoy the journey, and don’t hesitate to engage with us – we value your questions, comments, and ideas.
Changes to the St. Lucia Second Passport Program in 2017
One of the hottest citizenship by investment or purchase programs is the St. Lucia second passport. An investment of $500,000 to $550,000 in government bonds, or paying a fee of $100,000 (single), gets you one of the top passports on the market. Because of the popularity of the government bond program, they’ve made this option […]
US Filing Requirements for Offshore LLCs
Did you form an offshore LLC last year? Are you using an offshore LLC to hold foreign investments or to protect an international bank account? Here are your US filing requirements for that offshore LLC. As the owner of an offshore LLC, you’ll need to file an entity election form, an annual tax return, a […]
10 Reasons You Want an Offshore Bank Account in 2017
An offshore bank account can open up new investment, privacy, and protection options. An international account gives you access to a new world of possibilities and higher returning investments not available in the United States. Here are my top 10 reasons you want an offshore bank account in 2017. Each of our clients has their […]
Offshore Trusts and Community Property Law
Here’s an overview of offshore trusts and community property law. If you’re married, and live in a community property state, you and your spouse must work together to form the most efficient asset protection structure. An offshore trust must include special provisions for those in community property states. Let me frame the issue surrounding offshore […]
Panama Financial Services License
A Panama Financial Services Company is a licensed but unregulated financial entity which allows you to hold and manage client funds in Panama. The Panama financial services license is issued by the Panamanian Ministry of Commerce (Ministerio de Comercio and Industrias). It’s much easier to keep in compliance than a license issued by the banking […]
Trump is Good for Most Offshore Businesses
With all the talk about keeping jobs at home and taxing foreign corporations, I wanted to start the year with a post on why Trump is great for the offshore industry… at least, for those operating small businesses, investing abroad, and/or moving assets offshore for asset protection. This article will focus on why a Trump […]
Another EB-5 Visa Scam
The EB-5 visa program is fraught with fraud and under fire from Democrats in the U.S. Congress. I expect it to survive, but problems will continue to plague the program. Here’s why and what you can do to protect yourself. First, a brief review. The U.S. EB-5 visa program promises high net-worth foreigners a green […]
شاهد الإباحية مع زوجتك – لماذا يجب أن تفعل ذلك
ما هي العوامل التي تجعل xnxx مختلفًا عن الأفلام العادية؟ كيف أصبحوا مشهورين جدا بين الناس؟ هناك عدة عوامل وكلها تتلخص في شيء واحد – التحفيز البصري! يمكن مقارنة التحفيز البصري في xnxx بالشعور الذي تشعر به عندما ترى شخصًا واقعيًا يقوم بعمل مشابه لك. الأفلام الإباحية أو مقاطع الفيديو المثيرة أو أفلام الجنس الحقيقي […]
Top 5 Offshore Bank License Jurisdictions for 2017
There have been big time changes in the offshore bank license industry over the last year. If you’re looking to form an international bank, here are the top 5 offshore bank license jurisdictions for 2017. In this post, I’m talking about countries where you can get a license… countries that will issue a license to […]
Benefits of Private Placement Life Insurance
For top tier investors, hedge funds and foreign investments offer broad diversification and attractive returns. Because these returns are often taxed at ordinary rates, affluent investors turn to private placement life insurance for tax efficiency. The reason to invest using a private placement life insurance is to reduce or eliminate income and estate taxes. All […]
What is a PFIC Investment – Passive Foreign Investment Company
In this article, I’ll review the rules around PFIC investments and the Passive Foreign Investment Company statutes. Here’s everything you need to know about passive income in an offshore corporation. First let me define a few terms around PFIC. Passive Income: Income from interest, dividends, annuities, capital gains, and most rents and royalties. Passive […]
Which Countries Tax Worldwide Income?
When you’re planning a move abroad, you need to consider the tax laws of your country of citizenship and your country of residence. The key to a solid expat move is to determine which countries tax worldwide income and avoid them whenever possible. There are four basic tax groupings of countries. I won’t consider the […]
Offshore Trust or Panama Foundation?
The top two international asset protection structures are the offshore trust and the Panama foundation. These tools are very different from one another and I don’t think of them as competing solutions. Even so, I’m asked all the time, offshore trust or Panama foundation? In this article I’ll try to explain the differences. A properly […]
Best Lawsuit Protection
The best lawsuit protection is an offshore trust… period. No structure or plan, no matter how complex, can compete with the good old offshore trust for lawsuit protection. It’s the only way to move your assets out of the United States, out of our court system, out of the reach of creditors and U.S. judges, […]
Offshore Trust Tax Status and U.S. Tax Filing Requirements (Form 3520-A)
An offshore trust owned by a U.S. person must file Form 3520-A and a variety of other reports to remain in compliance with the IRS. Here are the tax filing requirements for offshore trusts with U.S. owners. First, allow me to define a few terms around offshore trust tax reporting: Settlor or Grantor: The person […]
How to Stop Paying Payroll Tax
During the election,Trump claimed he’s paid “hundreds of millions of dollars” in taxes over the years. Yet, he probably didn’t pay any personal income taxes since 1995 because of a $916 million loss carryforward. How can both of these statements be true? Because most Americans pay more in payroll taxes than income tax! In this […]
Offshore Money Management Business: How to Accept Client Funds and Deposits
If you want to receive client funds into your offshore account, you must have a license or set up a specially designed offshore structure. Whether you’re raising money or managing money, if you’re not the owner of the cash in your offshore bank account, you will need an offshore money management license. In this article, […]
Barron’s Interview: Top 5 Second Passports for 2017
Dear Readers, My interview with Barron’s was published this morning. You can find it here: Top Five Countries for Secondary Citizenship And here are links to detailed posts on the countries that made my top 5 list for 2017: Dominica (best value) St. Lucia (best investment option) Malta (when money’s no object) Austria (the gold […]
The Lowest Cost Second Passport is from the Dominican Republic
The lowest cost second passport is from the Dominican Republic… period. The program from the Dominican Republic is a fraction of the cost of competitors like St. Kitts, Dominica, St. Lucia, and Malta. If you’re looking for a low cost citizenship option, take a look at the Dominican Republic. If you want to maximize the […]
How to get an Offshore Bank License in Dominica
The most active low cost offshore bank license jurisdiction is Dominica. If you’re in the process of selecting a country to incorporate and license an offshore bank, give the Caribbean Island of Dominica a look. You’ll find that the capital required for a bank license in Dominica is a fraction of it’s competitors. You will […]