Category: Z Legacy: Offshore

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Curaçao is one of the best places to incorporate an online business

March 12, 2015 Willemstad, Curaçao If you’re an Internet entrepreneur looking for the best country or jurisdiction to register a company for an online business, you definitely need to know about Curaçao. This place is doing something incredibly unique: they’ve actually created a clear regulatory framework on specifically HOW Internet-based businesses and e-commerce

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This is the only vote that counts

November 14, 2014 Santiago, Chile What’s the biggest lure of elections? That people have the ability to change things by voting someone else in power. At least in theory. I try not to get too caught up in US politics these days, because that’s one of my favorite parts about going international—I don’t

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FATCA offshore banking

There’s an invisible Berlin Wall being built to trap your money

November 10, 2014 Santiago, Chile It started off as a simple border checkpoint to keep what Soviet Foreign Minister Vyacheslav Molotov called “Western agents” out of East Berlin. Then they erected a barbed wire fence and started using a system of official travel passes to cross the new border. East Germans who wanted

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Do you plan to ‘stay and fight’? Here’s a better solution.

November 5, 2014 (Remember, Remember) Santiago, Chile Long ago when I was a fresh young Army lieutenant straight out of the academy, I spent six months at Fort Huachuca, Arizona, learning how to be an intelligence officer. Fort Huachuca (pronounced wah-CHOO-kuh) is nestled snugly on the Mexican border, so there were a lot

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Not exactly the brightest way to smuggle gold…

November 16, 2013 Bangkok, Thailand Thailand is known for a lot of things– quintessential white sandy beaches, hard partying nightlife, quiet Buddhist reverence… But what a lot of people don’t realize is that Bangkok is probably one of the most important cities in the world when it comes to illegal trafficking. Human trafficking.

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Cliff

Slowly at first, then all at once

October 17, 2013 Santiago, Chile “How did you go bankrupt?” Bill asked. “Two ways,” Mike said. “Gradually and then suddenly.” The dialogue above is from Ernest Hemingway’s 1926 novel, The Sun Also Rises. It’s often attributed to Mark Twain or F. Scott Fitzgerald, or misquoted as something like “At first you go bankrupt

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Spy

Are you ready to be an unpaid government spy?

October 15, 2013 Sovereign Valley Farm, Chile Apparently the IRS has fallen on hard times in light of all this government shutdown and sequestration nonsense. Too bad. According to a recent report from the Treasury Department, ‘enforcement revenue’ at the IRS has fallen for the second straight year. Enforcement revenue is what the

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Diamonds

This is panic: Smuggling diamonds out of India

September 5, 2013 Singapore Asia is a damned excited part of the world. And Singapore is the financial epicenter of all of it. For the last 24-hours, banker and fund manager friends of mine have been telling me stories about oil refinery deals in North Korea, their crazy investments in Myanmar, and the

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Divorce

The easiest places offshore… to get divorced

[Editor’s note: Tim Staermose, Sovereign Man’s Chief Investment Strategist, is filling in for Simon today.] Recently, I had the not-so-pleasant experience of dissolving my marriage. My wife and I never had kids, and our lives were going in completely different directions. We remain friends. But we were spending hardly any time together, and

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Norfolk Island Vista

A hidden paradise with no income tax or property tax…

June 20, 2013 Burnt Pine, Norfolk Island [Editor’s note: Tim Staermose, Sovereign Man’s Chief Investment Strategist, is filling in for Simon today.] If you’re looking for a clean, safe, English-speaking tax haven, with a mild, maritime climate, and an advanced, Western lifestyle, Norfolk Island should be on your radar. This unique external territory

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Argentines escaping currency controls with Bitcoins

Reporting from Santiago, Chile Several hundred miles east of Kinshasa in the Democratic Republic of Congo, the mighty Kasai river forms the boundary between two little known tribes of central Africa– the Bushong and the Lele. Ostensibly there should be scant difference between the two; they’re separated only by a river, and they

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The #1 problem when owning gold

March 6, 2013 Sovereign Valley Farm, Chile In official testimony before Congress in December 1912, just three months before his death, J.P. Morgan stated quite plainly: “[Credit] is not the money itself. Money is gold, and nothing else.” (the quote is almost Shakespearean in its unrhymed iambic pentameter…) Of course, this testimony came

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