Blog Archives: My Thoughts

The tiny country of Estonia is selling a new kind of residency… one it calls e-residency or e-citizenship. Here’s the bottom line on why e-residency in Estonia is a waste of time for Americans… and might get you into trouble with the IRS. The Estonian e-residency program has been written up by the Wall Street

Aged populations will be the norm by 2020, placing a great deal of stress on world wide economic systems, especially those founded on government backed treasuries and bonds. Other areas of weakness will be Social Security and Medicare. As our population ages, we can expect higher taxes on our IRA and passive investments. Here’s why

If you thought an IRS audit was bad news, just wait until the IRS agents with guns come and take you down.  The IRS Criminal Investigation Division, or CID, can seize your records, tap your phone, spy on your emails, and treat you like a major criminal – all for failing to pay up.  The

My son Timothy is nearing his first birthday and our household is filled with debate and discord.  Should I give him a U.S. passport?  Is a U.S. passport his birthright or a curse?  Should my son identify as a U.S. citizen, a Panamanian, or both? Allow me to give you a bit of background.  I

As U.S. banking regulations have increased each and every year, the costs for smaller domestic and offshore banks have made doing business with the U.S. prohibitive.  These banking regulation costs have more than doubled since 2003, and are now running at about 15% of most institution’s income… essentially, a 15% tax levied on all banks

With Russia and France working hard to push the U.S. dollar from its perch as the world’s currency, there is the risk of a major revolution of the dollar.  While it might not result in a total collapse, most experts agree that the U.S. dollar will be devalued by 11% to 45%.  Here’s why the

With the U.S. market at historic highs, how do you know when to hold and when to fold?  Here’s the best investment advice I’ve seen: “Buy at the point of maximum pessimism; sell at the point of maximum optimism.”  Sir John Templeton (1912 to 2008), known as the great contrarian. I have always taken this

If you are thinking about retiring abroad, here is how to maximize your privacy. We start with the premise that the U.S. government wants you to disclose all assets, holdings, transactions, and investments. We then look for exceptions to those rules to find the legal loopholes that will allow you to retire with maximum privacy.

The U.S. Government has launched an all-out attack on its retirees, crushing their investment returns with low interest rates. Be it intentional, or ignorance, the government is artificially pushing down returns, which does the most harm to our nation’s seniors. As the United States attempts to stimulate its economy with cheap money, it’s the seniors,

A record high stock market in the U.S. exposes the suckers! Don’t be one of them.  Diversify your IRA offshore as soon as possible.  This article offers statistical proof that you should diversify your IRA abroad.  U.S. returns over the next 10 years will wipe out your retirement account. While everyone is running to dump

There is an attack on the dollar from all sides that will have a major impact on your retirement and savings.  This is the first of a two part series on the attack on the dollar by friends and old foes alike.  This time, it’s France coming after our currency. Here’s the setup:  The United

Russia is mounting an attack on the dollar and will threaten your retirement account in 2015.  An attack on the dollar that results in a significant devaluation will have a major impact on your assets denominated in dollars. As I said in my last post, France Attacks the Dollar, our mighty greenback is in trouble. 

These are my favorite quotes from the giants of finance that I apply to my offshore investment and my offshore business.  If you want to manage your offshore investment portfolio, follow this advice to diversification and wealth. The two quotes that I follow in every offshore investment that I make, and in my business (which

The real return on U.S. Treasuries is a miserable 0.6% per year.  If you don’t think you can do better than this offshore, then leave your retirement with Fidelity and risk it being taken over by the U.S government and MyRa. If you think you can beat the real return on U.S. Treasuries by diversifying

Follow the advice of Warren Buffet and many others who came before him and invest in what you know.  An offshore IRA gives you the power to diversify offshore and invest in what you understand at the right price. An offshore IRA placed in an offshore company, where you are the manager of that company,

  Offshore privacy is available for U.S. citizens with offshore bank and investment accounts.  If you know the tricks, offshore privacy is alive and well. Unless you have been living under a rock, you know that the IRS has declared war on Americans with hidden assets and accounts offshore.  There are 1.000 plus individuals sitting

  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

Panama vs. Singapore by By Christian Reeves and Lief Simon (www.offshorelivingletter.com) “Panama is the next Singapore,” declared a friend over lunch the other day. He wasn’t the first I’ve heard make the prediction. Since finding its legs after the U.S. military handed over the canal, Panama’s economy has been on an uninterrupted upward trend. Even throughout

One of the most common questions I get is, “can the government seize my IRA?” With all of the uncertainty in the USA, and the growing hostility towards our government and its practices, many Americans are concerned about their retirement accounts. For most, their retirement account is their only liquid asset, the majority of their

Trillion Dollar coin option proof that the USD is worthless.