Why You Should Obtain A Second Passport Holding a second passport can be a very useful, convenient thing for the global citizen. It can alleviate potential safety issues for an American passport-holder. It can also mean greater ease of travel, a ready option for alternative residency, and the right to work in the country where [...]
How Trusts Can Help You Protect Your Assets Trusts are integrated frequently in international asset protection and estate planning for a variety of reasons. The main reason is that, once you have transferred an asset to a trust, it is simply no longer yours. If it is no longer yours, then future creditors, plaintiffs, even [...]
Why Start An Offshore Company? Companies can be created anywhere and can generally do business anywhere, so why would someone want to create a company outside the United States? Well, lots of reasons. In some countries, only a domestic company can own property or engage in certain types of business. In other countries, you can [...]
How And Where To Open An Offshore Bank Account The best first step you can take to internationalizing your life (one that we strongly recommend you make a plan to take as soon as possible, if you haven’t done so already) is to open an offshore bank account. It’s a simple, straightforward recommendation. However, if [...]
So You're Thinking About Going Offshore? Going offshore has in recent years become a more mainstream idea. If you had asked people about going offshore as recently as the 90s they might have thought you to be a criminal, drug lord, or tax dodger. These days the offshore world is far from a foreign idea. It has become [...]
What You Should Know About Foreign Insurance And Annuities Foreign insurance products (including annuities) appeal to people for a variety of reasons. First, the payout currency could be something other than U.S. dollars. So, if you are looking for a hedge against the dollar, foreign insurance products can be just the right type of insurance for [...]
International Investment Through An IRA IRAs are a great way to grow a portion of your investment assets on a tax-deferred basis. Most Americans have their IRA assets locked up in U.S. stocks, bonds, and mutual funds. The tax code that regulates IRAs and other defined retirement accounts, however, does not place many of the [...]
Untangling The Web Of International Document Authentication There’s no escaping it, and there’s no shortcut. What’s more, your foreign attorney can’t do it for you. We’re talking about the international document authentication that’s required when you submit official documents in another country. As you begin to expand your horizons beyond the shores of your home country, [...]
What You Need To Know About Asset Protection Today It is important to know what international asset protection is and what it is not. A properly constructed asset protection plan places a portion of your net worth behind multiple barriers…the more barriers, the greater the protection. It allows you to level the litigation playing field and [...]
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.
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