I have a friend in a similar situation and he very quickly came to the realization that he needs to renounce his citizenship. His current challenges are:
a) minimizing his financial footprint in the US and structuring a "personal exit" for his businesses
b) obtaining his birth right citizenship...
I agree, that's the quadrillion dollar question. I personally think equity markets are overrated and way too risky. One "bank holiday" away from loosing your shirt. Between bail-in legislation for deposits, shilling for CBDC, AML hysteria, war on cash and fundamentals that dont matter anymore...
"The time to buy is when there's blood in the streets, even if the blood is your own." - Baron Rothschild
2001 - equity crisis
2007 - bond crisis
2013 - taper tantrum (emerging market flight to usd)
2023/2024 (my opinion) - sovereign debt crisis (fundamental lack of confidence in Central Banks...
As a resident of Kanuckistan the simple answer is do not move here! There isn't really a good way to use a personal account and minimize tax liability.
I cannot post links yet but look into a "controlled foreign affiliate" vs "foreign affiliate" when structuring the shareholder division of your...
Is it possible to register the car under a logistics corporation in Germany? Very common practice in North America. The added benefit is there is no name attached to the licence plate.
Additionally, investing as a minority partner in a small dealership would be a profitable venture. Recent...
Hi everyone,
I found this community a few weeks ago and am impressed by the knowledge I have gleaned so far. I have been lurking and learning until I decided that now is the time to join.
I am from a western liberal democracy with an incompetent head of state (doesn't narrow it down much!). I...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.