Last updated November 14, 2020 Bank secrecy has long been a target of international groups opposed to offshore tax havens. The argument goes that if governments don’t know who...
Are high interest rates on emerging market currencies worth it?
Dateline: Kuala Lumpur, Malaysia Jim Rickards recently said that with the central bankers' madness infecting the Australian dollar, there were only three strong, stable...
How Hard Is It to Open a Singapore Bank Account Now?
Reporting from: Bangkok, Thailand Remember when you were a little kid and you'd go to your friends' birthday party to eat cake and play party games? Even at seven years old, I...
Laws of motion and the history of offshore tax havens
Reporting from: Phnom Penh, Cambodia In 1687, English mathematician Isaac Newton released his latest, and perhaps most widely known, findings. The Laws of Motion proposed - among...
Why Chinese millionaires are internationalizing their assets
Reporting from: Phnom Penh, Cambodia It's an open secret in many parts of the world that the leaders at the top, and their families, have offshore bank accounts to protect...
Cambodia’s microfinance institutions: small banks, big interest rates
Reporting from: Phnom Penh, Cambodia Let's discuss the cost of freedom. No, I'm not talking about political speak for sending soldiers to war to kill people in other sovereign...
Offshore banking options shrink as another Isle of Man bank closes
Reporting from: Phnom Penh, Cambodia I have an appointment at the US consulate here in Phnom Penh today. I fully expect to be subjected to ridiculous rules, long wait times for...
Banking in Vietnam Dong: Fiat Currency Russian Roulette
Reporting from: Ho Chi Minh City, Vietnam I became an instant millionaire the other day. It wasn’t a particularly momentous occasion. Nor can I remember exactly where I was when...
The Offshore Voluntary Disclosure Program: how to get screwed
Reporting from: Ho Chi Minh City, Vietnam In 1725, a Swedish man sat in the bedroom of his mansion, gun to his head. He was Simon Affleck, a tax collector appointed by the King...
Hong Kong Banks don’t want your money
Dateline: Hong Kong I must have passed by a hundred beautiful women on the streets of Hong Kong today. You could throw a stone and hit a dozen Hong Kong banks at any point on...
4 Reasons to Use A Hong Kong Corporation for Your Business
Dateline: Hong Kong I often ponder why anyone with an internet or location-independent business sets up shop in their own country. Especially someone who lives in a place as...
Scare tactics the IRS uses to discourage offshore banking
I spent this past weekend at the Liberty Mastermind conference in Dallas, it was half-jokingly suggested that the organizers might as well have hosted a liberty event in North...
How To Get Offshore Gold Storage In Singapore
At Nomad Capitalist we can advise on a wide range of investment matters, including buying gold and offshore gold storage. So if you are looking to diversify your portfolio and...
Asia’s Near-Secret Haven | The Labuan Offshore Company
Last updated March 5, 2020 Dateline: Kuala Lumpur, Malaysia I’m sitting at the Kuala Lumpur Airport Low-Cost Carrier Terminal, and directly in my view out onto the tarmac is the...
The IRS and your (non) right to privacy when banking offshore
Reporting from: Lapu Lapu, Philippines We already know that your money has no fifth amendment protections. The government can force you to testify against yourself in many...
How governments use safe words to steal your bank account
Just like American politicans crying wolf, politicians around have world have a favorite word when the going gets tough. No, it's not "just" or "ask" like the northern Europeans...
Cyprus Bank Account Holders Are Now Waiting… Thanks, EU
Have you ever noticed while on board a flight that delays in pushing back from the gate or reaching the runway are always fifteen minutes? I'm convinced that fifteen to twenty...
Bank Account Confiscation in Cyprus
The European Union has decided - in its infinite wisdom - to rob the personal bank accounts of Cyprus citizens to pay for its bailout of the country. Cypriots got a rude...
Why a Cyprus Bank Confiscation May Be Coming | Read More
On the eastern mediterranean island nation of Cyprus, bad loans to Greece have left the place in desperate need of a bail-out. The debt-to-GDP ratio is hovering at 85% while...
Your money has no Fifth Amendment protections in the US
When they think you owe them money, the government isn't as much about freedom as you'd like to think. Savvy Nomad Capitalists know that "the land of the free" has become little...
