Banks and banking offshore
« Previous EntriesUK Tax Freedom Day
Tuesday, June 2nd, 2009Today, June 2nd, is Tax Freedom Day in the UK. Tax Freedom Day is the day on which we stop working for the Chancellor and start working for ourselves. So if the average person works from the first of January each year, it will be June before they have earned enough to pay their taxes.
Every [...]
A 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 [...]
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 [...]
Secrets about Panama Banking and IBCs
Friday, May 1st, 2009Are you thinking about Panama as an offshore tax haven? Or maybe for an e-commerce business? It certainly has a lot to offer. Banking, Corporations, Private Interest Foundations, and more. Although Panama has been targeted by the OECD and the G20, I don’t frankly expect much to happen. Panamanians, like most Latin Americans, are good [...]
The Forgotten Victims of May Day
Friday, May 1st, 2009Today, the first of May, workers of the world unite to celebrate what in England we call the May Day bank holiday. But there is a “dark side” to all this – the victims of socialism who are often forgotten by the mainstream media. I’m talking, of course, about the poor, downtrodden taxpayer!
I was reminded [...]