Recent content by Davis123

No doubt about it. Chicks are really hot in Argentina . Didn’t know it was so easy to get an instant citizenship as I know a few expats were waiting for sometime ago as I read on some other group for South American citizenships.

Don't you declare it as a single owned entity like US LLCs ? I was doing it years ago. Don't use Nevis anymore,

It's becoming more burden on US expats who are living overseas like me. Banks don't want me locally and most local brokers don't want to deal with US clients living overseas in that country even. Too much reporting burden on their compliance teams. Most of them told me just get a second...

Well this is what FATCA encompasses. US govt can simply freeze the USD correspondence accounts of any bank and it has before.

Basically rich developed countries are dangling a carrot in front of countries like Costa Rica so that it's not a escape route for tax nomads anymore. Tax the air, tax everything so politicians can pay for their extravagance while they design their Iss craft ways to dodge their tax bills. Mitt...

Basically you can't use this clause anymore for tax purposes yes you can use it to avoid a greedy wife's lawyer chasing your assets. :)

In days of FATCA everything has changed. This case was before FATCA came into existence. These days US can just freeze usd correspondence account of the bank holding those assets and they are doing that since 2010. Matter resolved ;)

Trustee never released the funds. They were released after punishment. Weren't allowed to leave the country.

In case of Cook Islands in a case I read earlier even US tax dept was not able to get the assets as trustee refused to pay distributions to the one who donated the money to the trust and US govt arrested that couple too with courts forcing them to pay but trustee due to duress clause refused to...

No they don't. I tried many times but never got any replies back from them. So what do you suggest for US citizen based in UAE needing a personal account of UAE ? I am trying for outside UAE these days.

You are so correct. I love my wife too. It's easy to get many women but are they really interested in you or your wealth it's mostly wealth. Very hard to find someone you hold dearly and share your life to be with. Same applies to women too they can find a lot of male partners (Well some of them...

New girl everyday. ;). Well it's not fun either. No relationship basically. Best is friendship and bond between two adults. Nothing beats that.

I tried it and never heard from them

What about a personal account in BVI ? Will that work for them or only business accounts ? Some don't like the extra paperwork with IRS due to complex expensive offshore paperwork and costs when one is not trying to evade taxes ? It seems people are ready to sell you a company account but for...

Why dont you move funds directly to the US? Well in my case I was living overseas. It created a problem with my local banks too.