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.
Maximum Security with a Cook Islands Asset Protection Trust
The Cook Islands asset protection trust is the Fort Knox of asset protection. An offshore trust from the Cook Islands is the ultimate in personal privacy and protection – often imitated but never duplicated. If you want to build an impregnable fortress offshore, you want a Cook Island asset protection trust. The Cook Islands asset […]
Who is a Resident of Puerto Rico for US Tax Purposes
If you are considering moving you and a business to Puerto Rico for the tax benefits, be aware that the definition of “resident of Puerto Rico” is a complex one. The US IRS has created special forms and definitions as to who is and who is not a resident of Puerto Rico for US tax […]
Take Your IRA Offshore Before it’s too Late
If you want to diversify your IRA offshore or out of the US dollar, time is running out. From what I hear, Obama is looking to renew his push for myRA and forcing even more Americans to invest their IRAs in treasuries. If you’ve forgotten the Obama myRA, here’s the new site they rolled out. […]
What’s the Difference Between Residency and a Second Passport?
I’m asked just about every day to compare Panama residency with a second passport program from somewhere in the world. The caller usually has $200,000 to $500,000 to spend or invest and wants to know whether they should go for residency or a second passport. Here’s what you need to know about residency and second […]
Best Panama Residency by Investment Program
If you want to plant a major flag offshore, think about residency in Panama. For those who qualify, the best residency in Panama is the Friendly Nations Visa . Of the 8 or 9 visa programs Panama is running at any given time, the best Panama residency program is the Friendly Nations Visa. Here’s why […]
Coming to America Tax Free with the EB-5 Visa and Puerto Rico
If you are thinking about coming to America, get ready for high taxes on your worldwide income. In this article, I will explain how to become a US citizen using the EB-5 Visa and Puerto Rico to pay near zero US taxes. The US taxes its citizens, as well as green card holders and residents, […]
Protect Your IRA by Converting it into an Offshore Trust
You know that offshore asset protection trusts offer the best security available. They’re an excellent way to protect your after tax savings. But, what of your retirement account? In this post I’ll show you how to protect your IRA by converting it into an offshore trust. Let me start by talking about where to build […]
The Cost for a Second Passport from Bulgaria will Double Next Year
The cost for a second passport from Bulgaria will double in the next year, guaranteed. In this article I will tell you why Bulgaria is the best value in second passports and why it’s set to double or even triple in cost and value in the next year. Let me start by giving you […]
Good News from Congress for Act 20 Business in Puerto Rico
Good news out of Washington for Act 20 businesses in Puerto Rico. It appears that the US has decided to allow Puerto Rico to reorganize its debts in some manner… not formal bankruptcy, but a restructuring with court oversight. The rules would be similar to Chapter 9 for municipal bankruptcies, with a few sections more favorable […]
How to Maximize the Tax Benefits of Puerto Rico
The tax benefits of Puerto Rico for Americans are incredible. Puerto Rico is by far the best deal available if you’re willing to move you and your business to the island for a few years. Even if you move only the business, while you remain in the United States, the offer is hard to pass […]
Move Your Internet Business to Cayman Islands Tax Free
Are you looking for a high quality of life, no taxes, and a cool offshore jurisdiction from which to operate your internet business? Ready to move you and your team to paradise for a few years to rake in the cash tax free? Then consider moving your internet business to Cayman Islands. Cayman Islands had […]
Lowest Cost Offshore Bank License is Puerto Rico
Want to setup an offshore bank? Looking for an international banking license? Obtaining an offshore bank license and negotiating offshore correspondent accounts have become extremely difficult in every jurisdiction except one. The lowest cost offshore bank license is Puerto Rico. Yes, the US territory of Puerto Rico is the best island in the Caribbean to […]
Mossack Fonseca Searchable Database Goes Online – Who Should be Afraid of the IRS and Panama Papers?
Do you have a company or bank account in Panama? Are you wondering if you should be worried about the IRS and Panama Papers? Do you know that the searchable database of Mossack Fonseca clients came online today? Is the thought of the IRS knocking on your door keeping you up at night? Let me […]
US Government Shuts Down Balboa Bank in Panama
The United States Government has decided to take down Balboa Bank in Panama. American authorities claim that this bank facilitated money laundering on behalf of Abdul Mohamed Waked and his band of evildoers. In a crazy coincidence, this is the SECOND TIME the US has gone after this bank… at least, this banking license. Balboa […]
Top 16 Second Passport and Residency Programs
Summary of Second Passport and Residency Programs of 16 Countries Below is a summary of the costs and procedures for obtaining residency in the 16 most commonly requested countries. As you know from reading my post on the 10 Best Second Passports, I believe that St. Lucia is the best value for a second passport. […]
10 Best Second Passports and Citizenship by Investment Programs For 2016
Here are the 10 best second passports for 2016. The citizenship by investment industry has undergone a lot of changes in the last year, including a major change to the St. Kitts passport offering. It’s has been kept quiet by those hyping this passport, but I’ll give you the full story here. Here’s everything you […]
Warning: The IRS Can Now Revoke Your Passport
This is an urgent warning for Americans living, working, investing, or doing business abroad. The IRS now has the authority to revoke your passport. If you have unfiled tax returns or you owe more than $50,000, the government can take away your US passport. Also, the Service can now refuse to issue a passport to […]
Offshore Tax and Business App – Free Download
The Premier Offshore mobile app is now available in the Apple store! And, for a limited time, it’s a free download. I just ask you give me a good rating in the app store and let me know if you have any issues. Access my library of international tax and business articles any time […]
Puerto Rico Tax Deal vs Foreign Earned Income Exclusion
The Puerto Rico tax deal is the inverse of the Foreign Earned Income Exclusion. Here’s why: With a Puerto Rico tax contract you can live in the US, your first $100,000 or so in salary is taxable, with rest deferred at 4%. If you live offshore and qualify for the FEIE, your first $101,300 is […]
Blood in the Streets Offshore Tax Planning
You’ve heard the adage of investing when there’s blood in the streets… to buy when all hell is breaking loose and the market is at bottom. Well, now is your opportunity for some offshore tax planning while there’s blood in the streets. An offshore tax planning opportunity that will cut your corporate rate to 4%! […]