Banking in the Cayman Islands: the Ultimate Guide
When you think of offshore banking, the Cayman Islands is probably one of the first countries that come to mind. It’s what you typically see in the movies. However, the truth about banking in Cayman is far from what Hollywood portrays. It’s no longer a place for...
Are Offshore Banks Safe and Secure?
Dateline: Kuala Lumpur, Malaysia Are offshore banks safe? In short – generally, yes. Though this blanket statement would do little to relax you. I could also tell you that during the Great Recession, US Banks were merely the 40th safest in the world and they...
Why I Hate Risk and How I Avoid It
Dateline: Kuala Lumpur, Malaysia I hate risk. This statement might seem strange coming from me. People think I’m a traveling daredevil who has never had a ‘real’ job, who invests in dangerous markets and who is so flippant about what I already have that I renounced...
How to Internationalize Your Life Amid Coronavirus Panic
Dateline: Kuala Lumpur, Malaysia The world has been gripped by fear over the coronavirus, which has come out of nowhere to become the largest news story of 2020. So far, some 90,000 people have been diagnosed with the virus, and about 4% of those people have died....
Do You Need a “Plan A” or “Plan B”?
Dateline: Kuala Lumpur, Malaysia I’ve been in the business of helping people design their ideal international lifestyle for a long time now. To this day, I have always found it interesting to see what reasons people bring to the table when they’re discussing their...
Bank Offshore in the Cook Islands with CSB Bank
Guest Contributor: Gerard Field is the CEO of Capital Security Bank and has lived in the Cook Islands for the past two years. He is also a Director of the Financial Services Development Authority, a Cook Islands government organization tasked with promoting the island...
Offshore Trusts: The Ultimate Guide
Dateline: Bogota, Colombia A friend of mine received a postcard in the mail the other day. It didn’t come with a beautiful picture of the beach or a panoramic view of a bustling city skyline. No, much to their disappointment, this postcard was covered from front to...
Why I Hate Easy Taxes, Passports, and Banking
Dateline: Mexico City, Mexico Easy is a word that is used . . . well, too easily. From time to time I talk about how something I did was easy. For instance, I’ve talked before about how easy it is to open a bank account in Georgia. But I’ll be the first to admit that...
The Cheapest Offshore Companies to Incorporate
Last Updated July 25, 2020 Dateline: Tbilisi, Georgia Where’s the cheapest place to incorporate offshore? I’ll just tell you: Depending on a few variables, you are usually going to find that the cheapest place to incorporate is Belize. That’s your answer. It’s good to...
Form 8858: US Taxes on Foreign Disregarded Entities
As an expat or U.S. taxpayer who owns a foreign business or an interest in a foreign business (corporation, partnership or LLC), there are a number of forms that you must complete and file with your standard 1040F income tax return. These forms are typical...