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Belize is indeed a small offshore banking jurisdiction. It has five international banks. In the past several months, every one of them has lost its correspondent bank. A correspondent bank is the connection between a small bank and the rest of the banking world. Without a correspondent bank, a small retail bank can’t accept incoming […]
At my Global Asset Protection and Wealth Summit in Panama City last week, the single most frequently asked question was this: “What can I do to make my passive income qualify for the Foreign Earned Income Exclusion… so I don’t have to pay tax on it?” The answer is: Nothing. There’s nothing an American can […]
A consulting client came into our office yesterday to ask me some questions about how to structure property investments he’s making in Panama and Colombia. This client has been working with attorneys in both of these countries as well as in the country where he set up his LLC, but he wanted to make sure […]
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.
