Privacy and protection
« Previous Entries Next Entries »Who Really Controls Your Money? CLS Bank and the Depository Trust and Clearing Corporation
Sunday, October 12th, 2008A few months ago I wrote an article for Q Wealth Report on the multi-trillion-dollar bank nobody has ever heard of. You can read my blog entry on CLS Bank here, and a more detailed article in a forthcoming edition of The Q Wealth Report. A news release from CLS Bank dated 17th September 2008 [...]
Beware of Spam Scams when doing Due Diligence on Offshore Wealth Building
Sunday, October 5th, 2008A lot of what I write here on the Peter Macfarlane blog is about protecting what you have. Over at Q Wealth Report and on my new Twitter page I tend to write more about creating wealth. I think my more serious followers on offshore banking matters are here. Q Wealth Report have due diligence [...]
Bank Account Reporting Requirements Revisited
Monday, August 25th, 2008I’m so often asked by clients “will my new offshore bank be required to report that I have an account with them?”
Here, for the benefit of my blog readers, is my standard answer.
Although there is a lot of variation between countries, the usual answer will be “no.” If you follow the basic advice you’ll [...]
Second Passports via Residence and Naturalization
Tuesday, July 15th, 2008No need to preach to the converted, but an internationalist approach is good for your freedom. And you can’t get much more internationalist than holding multiple citizenships.
My colleague Joe B. Gonzalez has recently updated the free content on the Q Wealth Report site with a series of three articles, including one that covers two of [...]
Panama’s answer to the LLC
Monday, June 2nd, 2008An SRL, or Sociedad de Responsibilidad Limitada, is a Panamanian structure comparable to a limited liability partnership (UK) or a Limited Liability Corporation (USA). It is less known internationally than the normal Panama S.A. corporation, but can offer some significant advantages in certain cases.
Legal Foundation of Panamanian SRL
SRLs are governed by the Commercial Code and [...]