Invest Offshore News

Published: Sat, 12/31/11

Newsletter Issue #8 Invest Offshore
 
 

December 31, 2011
Offshore Investment News

Dear ,

Today is the last day of 2011 and it is my distinct pleasure to share a thought with you. The thought is this; many smart and credible people did not think we would arrive at this day, without a re-set, or some type of hyper-inflation induced, market flash-crash, followed by a currency collapse. These are all very negative thoughts but the fact is that all those radical phrases have become mainstream in our lexicon, so much so, that a placebo effect could happen in 2012, or in other words; a crazy Freudian slip - as a planet thinketh, etc....

I promise not to publish negative information here because there are so many experts, and mainstream media, reporting dire stories, that it's producing economic terrorism. Invest Offshore is good news about great places, with excellent strategies for achieving an amazing future, for you and your loved ones.

Live your life in 2012, like it's your last year on earth!

Happy New Year 2012,

Aaron A Day
Editor


The "Truth and Lies" radio show

You are invited to join us for The Truth and Lies radio show, hosted by R David Finzer, the president and CEO of the Capital Conservator Group, on www.overseasradio.com 1PM to 2PM New York Time Monday-Friday (beginning 2 January 2012). This informative 1 hour radio show is dedicated to revealing the truth and exposing the lies about:

  • international living and expatriation,
  • pitfalls and rewards of the PT (permanent traveler) lifestyle,
  • offshore companies, trusts, foundations and other structures, asset protection
David will pull no punches, he will tell the unvarnished truth: the names will not be changed to protect the guilty.

Submit a question to be answered on "The Truth and Lies" radio show.


Perfect plan avoids IRS controversies

In 2010 the Tax Court ruled that your long time CPA or attorney is no longer "independent." His/her advise no longer protects taxpayers from excessive tax penalties. Taxpayers relying on an accountants or attorney's advice regarding international transactions and cross border estates planning are not protected when the advisor is paid a fee for the tax plan. The Tax Court has ruled that such advice is no longer sufficient to avoid IRS penalties, which are now often 30% to 50% of the amount in question. As a result, these individuals can end up owing much more in taxes and penalties than necessary or discover a failure to file a required IRS form. Their advisors can be assessed penalties for setting up a non-IRS-approved foreign tax shelter or listed transaction.

Advisers bring peace and calm by providing you with tax certainty:
For people with businesses, investments or employment in another country, cross border tax planning is critically important. Without it, they are subject to costly triple taxation, find themselves in violation of tax laws or simply pay more tax than necessary (usually because of hidden tax known as the "Branch Profits Tax")

This recommendation is especially beneficial for the following:
- Living, working or investing abroad
- Partners or family members abroad who may leave them money
- Owning a business that operates in a foreign country
- Establishing an international inheritance trust
- Maximizing foreign tax credits
- Immigrating into the United States
- Incorporating a foreign business in the United States
- Wanting to Guarantee IRS Compliant Private Placement Life Insurance or Annuity Policy without FATCA issues.
- That need to 1035 Transfer OUT of a FATCA non-compliant Life or Annuity Policy to one that has NO FATCA issues!

Use foreign trusts as an estate planning tool without FFI or FATCA issues. Set up a captive insurance company that is owned by the client and insures the client without FATCA issues. Must deal with any sort of foreign inheritance or gift Enter into a cross border license of intellectual property or other intangible products Want to reform an existing trust while maintaining its estate tax GST benefits

These recommendations are especially beneficial for a FOREIGN COMPANY with dual tax status:

  • Foreign corp. that wants to open an office in USA
  • Estate planning using a trust (especially an offshore trust)
  • A captive insurance company
  • Use of a controlled foreign corporation
An IRS Private Letter Ruling will enhance your wealth with unique tax planning that only the IRS can approve. Providing a written IRS ruling on our tax planning strategy for you is the only way to guarantee the tax benefits of implementing it- and to avoid the penalties that can result from a negative IRS finding.

Request an introduction to a Cross Borders Retirement Plan Consultant.


Diversify Your Capital to more than One Offshore Jurisdiction

In these unclear times you should consider a few things before moving your capital to just one offshore location.

  • Institutional Diversification: Many savvy investors have offshore accounts in more than one location. Just as you wouldn't want to have all of you money in one bank, even if you think it is stable (Lehman Brothers) it is smart to diversify your investments among a few financial institutions.
  • Domicile Diversification: Change in government stability, regulations and policies can make it unattractive to have your investments there. This is why most investors move capital offshore in the first place! This is another reason many investors have brokerage accounts in different countries.
  • Additional Products & Services: Each brokerage firm offers different products or specialties. Having more than one investment account will provide access to a broader range of markets, products and services to help you grow your wealth.
  • Asset Protection: Client protection laws are different in each jurisdiction.
  • Time Zone: The difference in time zones can often make simple things a challenge.
  • Language Barriers: When dealing with someone whose first language is not your own, sometimes things can get "lost in translation." When you are dealing with complex financial orders it is important to get things exactly right.

Don't sit back and watch things happen to you. Get the solutions you need to in these uncertain times! One solution for diversifying your capital is an offshore investment adviser. He can introduce you to a fully integrated financial services company located in the Cayman Islands. They provide private asset management, ability to trade 80+ markets, precious metal storage, multi-currency accounts, and access to hedge funds. They also have a specialty in oil & gas and mining stocks. They are strategically located in a jurisdiction that provides asset protection.

Request information about an offshore investment account..


Why we love the Cook Islands
This story was in response to a reader request. Do you have an interesting story about the Cook Islands?

Probably one of least important features required of a tax haven, is beauty. But if an investor is planning on spending any time in the region where they do their banking, the Cook Islands offer a beautiful setting for tax free investments. While that is hardly an important criteria, it is something to consider.

The Cook Islands consist of 15 islands located west of Tahiti and Samoa, and east of Tonga. The islands themselves cover an area approximately 1.3 times the size of Washington D.C. There are 2 main groups of islands, with 9 islands being in the Southern group and Northern group consisting of 6 atolls, and the main island of Rarotonga being located 3,000 km northeast of Auckland, New Zealand.

While English is the official language, the native islanders are closely related to New Zealand's Maoris both in culture and traditions and speak Maori as well. Agricultural exports of black pearls, copra and citrus fruits are the major economic base and employs nearly 1/3 of the population. Foreign aid to offset trade deficits are by money provided by the New Zealand government.

The islands have their own sovereign parliament, with undisputed political power. With the legal system is based on English common law, the parliament passes all laws implemented. The islands Democratic governing body consisting of a 25 member legislative assembly, a prime minister and the prime ministers cabinet. The capital is the town Avarua, located on the Island of Raratonga. The Queen of Zealand is still holds the position as head of state there, due too the close ties the Islands have in both location and economics.

Setting aside the tropical beauty of the Cook Islands, their business atmosphere seems to favor nonresidents who are looking for a tax free haven where they can invest their money. The Cook Islands have become synonymous with high profile offshore banking transactions and offshore incorporation. With no taxes being levied on capital gains and incomes, and the lack of an inheritance tax, these islands would seem like the perfect place for moving money offshore.

The Cook Islands have laws limiting the time actions can be taken against trust assets, and the laws of the Islands overrule the laws of other countries in matters relating to the transfer of property to a trust

These things, along a governing body favorable to outsiders who's investments can only improve the Island's economies and the English speaking banking community, makes the Cook Islands seem like an ideal place for offshore banking investments mixed with a luxurious tropical vacation.

Englishman Peter Macfarlane is an author and lecturer on offshore finance, investment, due diligence and wealth creation matters. After fifteen years advising high net worth clients on offshore asset protection structures such as companies, trusts and private interest foundations, he decided on a career change and now mentors individuals who are interested in creating, preserving and growing wealth in a secure offshore environment. Peter defines wealth in the broadest sense, believing that money is worthless if you don't have health and happiness. He is now joint editor of The Q Wealth Report, a publication dedicated to publishing freedom, wealth and privacy information for a select audience. Visit the Q Wealth Report and learn more about offshore private banking.

Request more information about the Cook Islands.


Porto Cupecoy, Sint Maarten

Porto Cupecoy, St. Maarten

Porto Cupecoy is located on the Dutch side of Sint Maarten, the culinary, shopping and yachting capital of the Caribbean.

Nestled in a protected cove on Simpson Bay Lagoon, and just across the border from Terres Basses and the French side of the island, Porto Cupecoy offers the best of both sides of this breathtaking island. Sint Maarten also provides effortless access to the neighboring islands of Saba, Anguilla, St. Barths and Nevis.

With its Mediterranean village-inspired layout, Porto Cupecoy blends classic sophistication and Caribbean comfort with modern convenience. A vibrant community set around a bay-front promenade ringed by luxury boutiques and acclaimed restaurants, not to mention the convenience of a supermarket.

Take a stroll along the marina or venture out into warm, turquoise waters. Relax in the heated outdoor pool. Enjoy working out in the fitness center or playing a round of tennis.

Porto Cupecoy Village truly is whatever you want it to be. For whatever reason you come, you'll feel like you belong.

Request an introduction Paradise Properties Connection.

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Disclaimer: This document was produced by and the opinions expressed are those of Invest Offshore as of the date of writing and are subject to change. It has been prepared solely for information purposes and for the use of the recipient. It does not constitute an offer or an invitation by or on behalf of Invest Offshore to any person to buy or sell any security. Any reference to past performance is not necessarily a guide to the future. The information and analysis contained in this publication have been compiled or arrived at from sources believed to be reliable but Invest Offshore does not make any representation as to their accuracy or completeness and does not accept liability for any loss arising from the use hereof.

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