Archive for May, 2009
« Previous EntriesA Fresh New Perspective on Panama Banking
Tuesday, May 26th, 2009I was back in Panama City last week and one of the most interesting meetings I had was with a young man who is setting up a new bank in Panama from scratch, almost single handedly! Right now he spends his days meeting with lawyers, other Panamanian bankers, bank regulators and contractors who are working [...]
St Kitts Offshore Authority Feeling the Pinch
Tuesday, May 26th, 2009It’s been an open secret for the last 6-12 months that many beneficial owners of offshore corporations have not been paying their annual taxes and fees. This is not a good idea as it puts the whole structure at risk and the IBC ceases to be in good standing.
However I was quite surprised to receive [...]
Offshore Online Brokerage Accounts – Are They Safe?
Sunday, May 17th, 2009These days, we are all accustomed to doing almost everything online. There cannot be too many of us left who are nervous about using a credit card online, for example. Doing business online is a way to save time, money and headaches. Investing through online brokerage accounts promises much the same benefits.
However, when it comes [...]
What is Fiat Money?
Saturday, May 16th, 2009Fiat Currency and Fiat Money Explained… By Peter Macfarlane
You’ve probably heard experts on this site and elsewhere talking about Fiat Money… Fiat Currency. But what does it really mean?
No, it has nothing to do with Italian motor cars! The only Italian connection is the Latin language, from which the word fiat – meaning command, decree [...]
How can you achieve the lifestyle of complete freedom without having the first million in the bank?
Tuesday, May 12th, 2009This is a question that was recently posed to me by real estate guru Thomas Bolther, who was setting out to answer this question on his own website. How can one live free offshore and make money at the same time? Actually, it’s surprisingly easy. The offshore element gives you a huge head start over [...]
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