Comments on: Questions: Travel, buying property, moving gold, second passports

By: "Cuban Pete"

"Cuban Pete" — Mon, 22 Mar 2010 16:58:05 +0000

Hello Simon,

I would love to hear more about the Sustainable Living Community in Panama. I’m planning for a Panama relocation in early 2011. I can assist with this project in a couple of ways.

Myself and some business associates are interested in syndicating an Advanced Building Technologies (Prefab & Green Construction) Manufacturing Facility in Latin America through a JV with local investors, developers or the government. Panama and the Colon Free Trade Zone could be an ideal location. These types of building methods are far superior to traditional building methods and can easily lower the typical costs of construction and building turn-around times by 30-50%+.

Additionally, I have contacts through a Top 20 Global Western European Bank and investors in the U.A.E. that offer a rather unique funding platform for Alternative Energy/Renewable Energy Projects. Exciting and attractive niche projects can obtain up to 90% LTV/LTC funding @ 6-9% Interest Only with payments made in arears and only nominal due diligence costs required for a LOC or contract to be extended. JVs are also possible.

I’d like to be kept abreast regarding your proposed Sustainable Living Community in Panama and perhaps discuss my participation in the project through project construction, finance and/or marketing and/or lot ownership purchase.

Best Regards,

By: Richard

Richard — Wed, 17 Feb 2010 09:48:34 +0000

As an aside to crossing borders, canadian coins are legal tender and as such must be declared if the face value of them is over 10k… I don’t know about the US coins… But at $50 per maple leaf oz, thats a lot of ounces you can declare and take across legally…

Richard :)

By: Adams

Adams — Tue, 16 Feb 2010 19:02:23 +0000

I have purchased a number of British gold soverigns. do I have to pay taxes on them and what is the international value ?

By: hbs

hbs — Sat, 13 Feb 2010 05:22:59 +0000

speaking of gold outside the US, why no recommendation for Switzerland? they may have given into the US privacy demands, but who cares as long as you’re not hiding from taxes? as far as security and trustworthiness of the vaults, the culture, the politics, I can’t imagine a better place. am I wrong?

have you heard of Safewealth Group? it’s a referral service to a couple very liquid banks and an insurance company in Switz, and they have setup their own segregated gold vault in one of their chosen bank vaults. some highly recommend it, but some say it’s fishy.

By: Me

Me — Fri, 12 Feb 2010 19:32:10 +0000

One thing about “around the world” tickets is that you have to keep going in the same direction with no backtracking.

On a different topic and one which will be “black market” in nature is that with coming exchange controls in Europe, the UK and US the market for moving money offshore will be one that grows exponentially. I know having seen this for myself and developed strategies for assisting people do this in South Africa in the past. Something to think about for entrepreneurs. Note I am not talking about doing things illegally although I have seen multiple strategies that fall into that category. Of course what is legal and what is moral are not always the same thing but that is another story.

By: John

John — Fri, 12 Feb 2010 18:29:46 +0000

Simon,
Periodically you include information that could be very useful to your
readers at some future date.
For example, Viamat.

Have you given any thought to providing a listing of important
names, etc. ( separate from your daily e-mails ) that your readers
could click on for reference ?
Thanks.

By: Jai

Jai — Fri, 12 Feb 2010 17:30:24 +0000

Simon – thanks for taking the time to answer Q’s from your readers. I note you have a Pte Ltd, presumably S’pore. I DIY’d last time, but I’m wondering if there is a fast, cheap service to get the incorp & visa now? Also, S’pore doesn’t seem to have LLCs yet, but do they recognize other country’s LLCs & open local commercial bank accounts?

Having fun in Potty?