Tag: USA
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These Are America’s Biggest Gambling States
In 2023, the “commercial gaming industry” which includes casinos and sports betting services collectively earned more than $66 billion, a 10% jump from 2022. In the following graphic, Visual Capitalist’s Marcus Lu ranks the top 10 U.S. states by the amount consumers spent on gambling in 2023. Data for this graphic and article is sourced from the American Gaming Association. Which…
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Trust the USA: A Leading Tax Haven and Top States for Offshore Investors
In the landscape of offshore finance, the United States emerges as a prominent player, offering a blend of favorable tax regulations, legal protections, and financial privacy. While traditional tax havens often conjure images of tropical paradises and exotic locales, several states within the USA provide a compelling alternative for investors seeking tax efficiency and asset…
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Navigating the Storm: Understanding the Potential Black Swan Event from Brazil to America
The global financial market is a complex web of interrelated economies, where the flutter of a butterfly’s wing in one part of the world can set off a tornado across the globe. In this blog post, we delve into a hypothetical yet plausible scenario: a black swan financial crisis originating from Brazil, sweeping through Japan,…
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The American Edge in Offshore Business: A Guide for Non-U.S. Citizens on Why and Where to Incorporate in the U.S.
Why Non-U.S. Citizens Should Consider the United States for an Offshore Business The concept of offshore business formation is traditionally associated with exotic locations like the Cayman Islands or Bermuda. However, for non-U.S. citizens, the United States of America emerges as an unexpectedly ideal jurisdiction. This may seem counterintuitive given the U.S.’s complex tax laws…
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How to Avoid Double Taxation by United States and Canada for a Dual Citizen
Can you be a Dual Citizen of U.S. and Canada? Yes, it is possible to be a dual citizen of both the United States and Canada. Both countries allow dual citizenship, meaning that an individual can be a citizen of both countries at the same time. However, becoming a dual citizen requires following specific legal…
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The End Of The Monetary World As We Know It…
[box size=”large” style=”rounded” border=”full”]The End Of The Monetary World As We Know It?[/box] The most significant event in monetary history since 1971 occurred last week. An event that threatens to upend the global balance of power, the economy of the world, and your portfolio.To understand the significance of this event and the potential scale of…
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The FATCA Dirty Dozen
Legal challenges that US persons have to deal with, living overseas. The following legal challenges are extremely problematic for USA persons: No foreign bank will open an account for a US person or US person beneficiary.(Other than a bank of the overseas employer for their income overseas) No offshore brokerage will open an account for…