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SOVEREIGN MAN

Mailbag: Answering your questions

Today I wanted to get down to the business of answering some of your questions from earlier this week:

First of all, I apologize if I failed to make things clear when I started this letter: I am no longer part of Without Borders; Notes from the Field is not affiliated with Casey Research or Without Borders.  Furthermore, Notes is free and not tied to any other subscription that you might have.

LITHUANIA:

I received one question about the passport program– Lithuania has a very straightforward citizenship program as long as your ancestors were born before 1940. You can also marry a Lithuanian, and citizenship is granted after 3-years. My understanding from speaking to the Minister of Justice is that there is little red tape in the program.

ARGENTINA:

A few days ago you asked about the Cafayate (pronounced Cafa-zha-tay) project in Salta province, Argentina.  Doug Casey is involved in the project and he gave me a personal tour of the site last December… it’s absolutely beautiful, and I can definitely see the appeal for many people.

To be clear, most of Argentina’s problems will be localized in Buenos Aires province. Salta is far away, near the Bolivian border, and has an almost separate and distinct culture than the porteno culture of BA that I decried in my original article. Salta is much safer than the capital and I do not expect it to feel the same level of social chaos.

My honest hope (though it may be a pipe dream) is that, if Buenos Aires burns in an economic meltdown, Salta will break away to an independent republic.

FINLAND:

Have I ever been detained or stopped while traveling w/ gold and silver? Yep. It depends on the country, but in most places this is not illegal. The customs officials searched my bag, looked at the gold, and put it right back. They were much more interested in the enormous stack of foreign currency that I was carrying, including the $10 trillion Zimbabwe note.

I would not prescribe a particular amount of gold and silver to travel with because, as I stated, this is not illegal… it would be like suggesting a particular number of bottles of water or DVD movies to travel with.  For the time being, officials do not regard gold/silver as monetary instruments.

If you have any doubt, you can always declare it on Fincen Form 105

PANAMA:

Panama does not have the equivalent of an FDIC; most of the world does not. Does this mean the banks are unsafe? No. It means that they must practice sound banking because they do not have taxpayer money to bail them out.

OTHER:

The biggest question I get is for specific WHO and HOW to get started offshore; I explained last week that I was working on a way to share my contacts with you… this information will be for limited distribution so as not to overburden my network, but it will hopefully solve the ‘WHO’ problem.

In the meantime, to get started on the ‘HOW’, I wholeheartedly recommend that you read Mark Netsmann’s book The Lifeboat Strategy; Mark is a leading asset protection specialist and a trained lawyer… I know Mark and have read his book– it is definitely worth the price if you are serious about saving your ass and your assets.

Our goal is simple: To help you achieve personal liberty and financial prosperity no matter what happens.

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About the author: Simon Black is an international investor, entrepreneur, permanent traveler, free man, and founder of Sovereign Man. His free daily e-letter and crash course is about using the experiences from his life and travels to help you achieve more freedom.

Comments on this entry are closed.

  • Kyle

    You readers might be interested in international rankings of financial institutions.

    FDIC “insurance” is not really insurance as it doesn’t have have reserves set aside to pay all possible claims. They do have keys to the printing press though.

    Here is an article from mainstream media on the subject http://www.usatoday.com/money/world/2009-07-01-canada-bank-regulation_N.htm

    This report from the World Economic Forum might be an eye opener to your readers

    http://www.weforum.org/documents/gcr0809/index.html

    Enjoy your travels and I look forward to receiving you next Notes from the Field

  • Ralph J Robinson

    Hello!
    I have a few questions for you. My ancestors (my deceased mother’s father and mother) were born in Lithuania. My brother-in-law is still living so is my mother (both born in the US) and my brother-in-law has the certificate of birth of his father in his possession I understand. Is this document by itself enough for me to gain Lithuanian citizenship? Also, were would I go to begin the process for citizenship? Thank you.

  • Mike Lenker

    Since “contact us” doesn’t work on the web site, I’m hoping someone will find my note here.

    I would appreciate some more complete way to search the website, both the article archive and user comments. It seems the only choices are “recent articles” (the most recent five of them) and “popular topics,” found in a semilegible text block. I like unpopular topics. I also want to be able to come here and satisfy the itch to know, for example, ‘what was it he said about Honduras last year?’

  • Me

    Hi there. I would love to know of your thoughts on what business activities you think are currently a good idea in the current economic climate. I live in NZ and am searching for opportunities that make sense. There currently is immense demand for small businesses that produce almost any income. A lot of stuff is selling for ridiculous prices where there are little to no assets. In other words people are hunting for income and paying a pretty penny for it too. I would be interested to know what areas or sectors you think worthy of investigating.

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