Dateline: Kuala Lumpur, Malaysia Having a second passport is an important diversification tool that gives you more options, including possible tax reduction, new investment options, and a safe haven to go to in times of crisis. If you are new to the idea of dual citizenship, consider starting here: Simply put, having two passports means […]
Continue readingThe Foreign Account Tax Compliance Act (FATCA) went into effect in 2014, ostensibly to stop US taxpayers from evading taxation through the use of offshore accounts. And to this date, most all American investors who have, to one degree or another, internationalised their wealth, live in fear of FATCA. They make the assumption that their […]
Continue readingUAE: Visa Information, Travel Restrictions, and Other Important Things If you’re considering traveling to United Arab Emirates, then there are more than a few things you need to know before takeoff. Whenever you are flying to a foreign country, or setting off on a new and exciting holiday adventure, knowing everything you can about official […]
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Dubai is what you would call an expat hotspot. When expats make up approximately 80% of the population, how could it be anything else? You might not even meet a local Emirati during your entire time there if you don’t do business locally. So, why is Dubai so popular? Sure, everyone knows that you pay […]
Continue readingWhen you move abroad, it can be typically quite stressful trying to figure out how you are going to manage your finances effectively. Some people leave some money in their home account and transfer the rest to their new account, but others aren’t sure what to do. This can often lead to confusion when it […]
Continue readingInternational Man: Jeff, you have lived in the Cayman Islands for some time. You’ve witnessed that country undergo a huge amount of growth and have personally played a significant role in the country’s development. What can you tell us about the Cayman Islands, and why is it such a unique jurisdiction? Jeff Thomas: Well, that’s […]
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Dateline: Tbilisi, Georgia I came back to Georgia’s intriguing capital city on a mission. While I own a home, have plenty of friends, and enjoy the amazing food and wine in this little-known part of the Caucasus, I’m back in town today to open a bank account. Specifically, my fourth bank account here. The reason: […]
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Dateline: Kuala Lumpur, Malaysia There are many ways to legally reduce both your personal and business tax rates by going offshore. You could move to a zero-tax country like the United Arab Emirates, Monaco, or Vanuatu. Or you could structure your business to save tax in a territorial tax country like Thailand. You could even […]
Continue readingStudying abroad is a once in a lifetime opportunity for every student because only abroad can you experience true freedom, meet unique people representing every possible culture, exchange experience with people from these cultures, and see the world. Some may say that it’s much easier to just go to a foreign country as a tourist, […]
Continue readingInternational Man: What are some signs you look for when a market has reached the bottom? Doug Casey: The oldest saying in the market is “buy low, sell high.” But people usually do the opposite. It’s very easy to be a contrarian in theory, but amazingly hard in practice. Anyway, you only rarely get an […]
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