Global Capital. Clear Intelligence.
Aaron I have mentioned in prior articles that I was a Spanish and Portuguese major as an undergraduate. During the time that I was attending law school at the University of Miami, the early 1990’s, the Brazilians had yet to arrive in South Florida in a significant manner. The Brazilian community in Broward County (Pompano Beach) … Read more
The fact is that the U.S. tax code can provide tax deferral on an overseas trading businesses but not on an overseas firms dealing in capital. The Foreign Account Tax Compliance Act (FATCA) does not define the difference between trade and capital. Therefore, the big operations overseas, or the very small ones for that matter, … Read more
Financial Consultants Say Retirees Can Take Steps To Protect Savings From Vagaries Of The Market As people creep into the retirement “red zone” – those years just before or right after they retire – it becomes more important than ever that they find ways to keep their savings safe. Because at that point, their retirement … Read more
Crossborder financial issues are complicated and readers are strongly encouraged to seek qualified professional advice at all times. We have a network of preferred legal and tax advisors who have prior experience in the relevant issues and will be happy to make referrals when requested. The list below was posted to illustrate the amount of … Read more
GRAND CAYMAN, Cayman Islands, Feb. 28, 2015 /PRNewswire/ — DMS Offshore Investment Services Ltd. (DMS), the world’s largest fund governance firm, and White Oak Global Advisors, LLC (White Oak) have announced the launch of an Alternative Investment Fund (AIF) hosted on DMS Irish platform. White Oak has engaged the DMS AIF platform, which is … Read more
Yves Maas is Managing Director and CEO of Credit Suisse S.A. in Luxembourg. Mr Maas is the Chairman of the Luxembourg Bankers’ Association (ABBL) and a Board Member of the European Banking Federation. As Chair of ABBL, the professional organisation representing the majority of banks and other financial intermediaries established in Luxembourg, he acts as … Read more
If you’ve never heard of the Sovereign Man, then allow me to introduce you to the most compelling information, about why to expatriate from the USA immediately, or at the very least begin to geo-diversify your assets and plant some flags (as he calls them) in safe foreign countries. Reprinted below, with his permission is … Read more
Recent events within the private placement life insurance industry have created renewed interest within this specialized segment in the life insurance industry. The industry has seen some consolidation over the last several years and recent events including the entrance of large investment management firms has made the product relevant once again. I would argue that … Read more
Transfer your USA IRA to a Registered Foreign Account The purpose is to transfer assets of a USA qualified retirement plan to a non-U.S. investment account, recognized by the IRS and FATCA, without a change to current tax consequence (Ordinary IRA or Roth IRA). This delivers to a U.S. person: Tax-free transfer of his retirement … Read more