Invest Offshore News

Published: Sun, 02/26/12

Newsletter Issue #16 Invest Offshore
 
 

February 26, 2012
Offshore Investment News

Hi ,

The list of sure things in life, which currently includes; death and taxes may need to be amended to include: the end of paper currency and the end of private ownership of gold. To most reasonable people the move towards a digital currency and away from the present form (paper bills and coins) is obvious, especially since it costs too much to make, is to easy to counterfeit (see: North Korea prints U.S. money) and boatloads of it seem, too often, to end-up in the wrong hands.

As absurd as it may sound, to end the private ownership of gold (again), is a real and distinct possibility. Most people, including myself can't imagine the end of private gold ownership, however the reason we need to consider this possibility is because it has happened before. The U.S. government, at the stroke of a pen, can make all forms of private gold ownership illegal and cause others to do the same.

Your best defense against history repeating itself, is a good offense. Hopefully you already take measures to avoid death; with diet and exercise, and reduce taxes; with smart retirement planning. So, in this issue we're going to share some ideas about how to invest offshore to protect your personal freedom to spend money, when and where you wish, while remaining well-within the law.

Aaron A Day


International Hedge Funds for Asset Geo-Diversification

It is challenging to find reputable funds that are denominated in currencies outside of the Big Three (USD, EUR, and GBP). However, we feel that the reflective economies of the Big Three have lost some luster and that clients can profit from additional currency exposure in their portfolio.

We recommend a financial adviser with a constant focus on risk management; and only invest in companies where they know the management team. They limit the size of individual transactions based on the overall investment capital with a goal of managing the total portfolio risk, liquidity and levels of diversification. Profit realization options are identified prior to the investment being made.

Advantages of an offshore financial service company:

  • Multi-Currency Cash Accounts: Clients can have cash accounts in up to 10 major currencies. Clients can also purchase foreign bonds to potentially boost returns.
  • Fixed-term deposits: Attractive interest rates are available for certificates of deposit in the following currencies: GBP, EUR, CAD, & USD.
  • Equity Inflation Fund: This fund aims to provide strong gains through investments in equities that have fixed pricing power and should benefit from rising prices. Fund denominated in several currencies. Annualized return: 47%
  • Emerging Currency Fund: This fund aims to provide capital appreciation though investments in bonds, currencies & their derivatives in emerging Asian, Latin American, Eastern European, Middle Eastern, and African countries. Fund is available in several currencies. Annualized return: 19.7%
  • Natural Resource Fund: Natural resources are a great way to gain global exposure and diversify a portfolio. With the increase in global energy demand and high margins on oil & gold, this fund is positioned for strong future growth. The fund has historically produced very robust returns through investing in pre-IPO junior resource companies. Fund is available in several currencies. Annualized return: 156%

Request an introduction to an offshore financial firm.


Prepaid Offshore Credit Cards

After opening an offshore bank account, one of the most complicated barriers people come across is withdrawing their cash. After all, not many have the time or resources to go to the Caribbean or a European tax haven whenever they want to get hold of their money.

One of the best ways to overcome this problem, that is both timely and cost-effective is to use a prepaid offshore credit card. Handily, "ultra-private" prepaid cards are also some of the most discrete methods available of withdrawing cash and making purchases with your offshore funds.

Prepaid offshore credit cards come in various formats. But first, what is a prepaid offshore card?

An offshore credit card is nothing more than a card issued by a banking institution or card provider outside of your home jurisdiction. Investors frequently see offshore credit cards as a discrete and easy way of accessing their offshore stash. Therefore in many cases the issuing bank will be located in a country with strict bank secrecy.

A prepaid offshore card is an offshore credit card that is "loaded" up front with as much money as you want to put on it. Rather than offering a line of credit, the card is simply a way of making all the purchases you want to make without borrowing anything. It is a credit card, so-called, because the prepaid offshore card often carries a brand name like Mastercard, Visa or Discovery and is internationally accepted.

A prepaid credit card differs from an ATM card or simple bank card because you can use it for much more. You can make purchases online, at PoS and withdraw from cash machines. Withdrawal/purchase limits will vary from card to card.

Prepaid cards are loaded by being individually funded. As such they are not intrinsically linked to any offshore bank account, like an offshore debit card. Prepaid cards are a more discrete option if privacy is your aim.

The most common type of prepaid offshore credit card will bear the holder's name. If you have a company you could also get one in your company's name. Ultra-private "un-embossed" cards exist which carry no name, although some are not accepted by individual merchants. They carry only the credit card number within the magnetic strip and chip, so when swiped none of your personal information is recorded. Click on the link at the bottom of the page for more information about offshore credit card privacy.

What documents are needed to apply for a prepaid offshore credit card?

Just a scanned passport copy and a proof of residence are required by some issuers. Others may demand more detailed references or additional identification. Some prepaid cards with very low-limits can even be procured with no ID whatsoever.Fortunately, using a prepaid offshore credit card does not require any check of your credit history. Since the card is prepaid, you are not extended a credit line and therefore these checks are unnecessary. This makes prepaid cards a more private option than regular credit cards, since credit history checks are some of the greatest sources of confidential information leaks.

Request more information about offshore credit cards.


For U.S. persons with offshore cash
If you have money offshore it's possible that these unreported funds could be placed into a FACTA Compliant structure and then be legally non-reportable? Also, after tax money could certainly be enclosed in a FACTA Compliant structure and therefore be non-reportable and provide access to global investments without restrictions.

When the new FACTA regulations take effect this December you need to make certain that you're compliant. Working with a professional offshore adviser can help you avoid FATCA Reporting requirements, achieve transparency, and avert withholding taxes:

  • If you hold a foreign insurance company Life or Annuity Policy
  • If you are a foreign financial institution dealing with U.S. connected persons or beneficiary's
  • If you are a foreign Trustee with USA beneficiary's
  • If you are an non-S.E.C. Registered asset manager

We can recommend US Compliant solutions that are achieved through direct coordination with tax and legal advisors, trustees, human resource managers, investment managers and family offices. We recognize the importance of a team approach to providing complex financial solutions.

Request an introduction to a Cross Borders Retirement Plan Consultant.


On the Beach in Brazil

Brazil Beach House

Build your dream home on the best beaches of Brazil. - We recomend this highly professional project team of Brazilian architect, engineer and project manager, all speak fluent English and have extensive experience building residential/commercial properties for international investors all over Brazil.

You make the decisions and dictate the price. Our builder takes on all the responsibility and have contractual guarantees in place to ensure your new Brazilian property is delivered on time and on budget.

Here are the basic steps they follow to help build your brand-new Brazilian home;

  1. Consultation on design,price
  2. Design chosen, Project submitted for planning permission
  3. Materials and fittings decided on
  4. Itemized cost analysis of all materials used from the kitchen sink to the type of door knobs!
  5. Construction work begins. Length of time for house completion can be between 4-6months depending on size of your project
  6. Project completed. Keys delivered.Champagne uncorked!

Building Costs in Natal, Brazil (R$ = Reals)

STANDARD: cost for a high-quality build is R$1000 per m2 or
ECONOMY: If you would prefer to economize on the building materials the price can fall to R$750 per m2.
LUXURY: standard with the very best of fittings and finishings will cost you in the region of R$1500 per m2.
(click here for currency converter)

Request an introduction to our agent in Brazil.


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 the Overseas Radio Network 1PM to 2PM New York Time Monday-Friday. 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

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

Invest Offshore


SITE INDEX
Offshore Broker
Global Market Trading

Offshore Corporation
Offshore Company Formation

Offshore Banking
Private Offshore Banking

Offshore Investing
Offshore Investments


POPULAR ARTICLES
19/1/12
Outside the Box Wealth Creation

9/1/12
Currency Diversification using Managed Funds

2/1/12
Dual Passports: How to Obtain a Second Citizenship

20/12/11
Investing Offshore: Why Brits Invest in the Channel Islands

12/12/11
Tax Free Offshore Investment made Affordable

8/12/11
Bank Collapses or Bank Runs in America's Future?

24/11/11
Why offshore banking is underutilised

23/11/11
Offshore bank certificate of deposit (CD)

16/11/11
Blind confidence in big banks

29/10/11
How to invest offshore in gold

Invest Offshore home

SOCIAL NETWORKS

Invest Offshore on FacebookOffshoreMaven on Twitter
Invest Offshore on YouTubeSilicon Palms on MySpace

RSS Blog Feed

Enter your email address:

Delivered by FeedBurner

Open a Swiss Bank accountClick here!


Invest Offshore home
Invest Offshore Home

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.

Home   |  About   |  Contact   |  Privacy   |   Unsubscribe from this Newsletter