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At the end of September, the national bank of Panama shut down the entire ATM system countrywide over a weekend to upgrade the programming… Small inconvenience at the time. Now, a month later, the situation has moved from minor inconvenience to big pain in the neck. People using foreign debit cards to try to withdraw […]
I’ve heard the stories from friends and readers, but, now, finally, it’s happened to me.A bank where I have an account for one of my offshore entities has sent me the dreaded “due to a policy change, we’re closing your bank account” letter. They’re giving me 30 days to move the money out of the […]
While in the United States this past week for Thanksgiving, I tried to take care of some administrative tasks. I renewed my driver’s license and Jackson’s Irish passport (the consulate in Panama made the process too difficult). And I tried to open another U.S. bank account for one of my offshore corporations. I realized recently […]
Offshore Living Letter is a publication of Live and Invest Overseas. Our goal is to provide timely, actionable information on all things offshore, including: how to go offshore, diversifying your portfolio, wealth creation, protecting your assets, and much more.
