I live in Greece. I travel a lot. I sometimes handle large sums of money. No I don't launder money or deal in drugs. But if you do want to launder money, a legal way is (for US citizens) to declare it to the US Treasury, then buy real estate overseas. Once you have real estate overseas, effectively your money is "lost" to the US government, because as of today there is no "international" registry for real estate (that could change in the future of course). As to how much your real estate is worth for estate purposes (should it come to that)--just rely on your foreign real estate assessor--and it's doubtful the IRS will challenge your foreign real estate assessor, if the assessor makes a fair estimate (by contrast, if enough money is at stake in the USA, I bet the IRS would hire their own assessor and challenge your assessment; that would be harder to do if the real estate is overseas). Just my two cents--I'm not an expert in this area either. Consult your attorney if you are serious about this topic. A fairly informative but somewhat spam-like site on international investing is: The Sovereign Society.
I am Wei. I began studying and investing stocks since 2007. I am a value-oriented investor. My portfolio is concentrated and usually has less than six holdings. I hold large percentage of cash since 2013. Currently, I focused more on some semiconductor stocks, oil-related stocks, and auto stocks.
I am a Real Estate Broker by trade engaging in acquisitions,dispositions, and overseeing leasing operations for a privately held Multifamily Investment Firm. With my knowledge and professional experience in modeling cash flows & analyzing operations of real estate related assets I created an investment vehicle that utilizes various leveraged strategies to maximize cash flow and to achieve capital appreciation with a high-yield, risk neutralizing basket approach. The investment vehicle employs a disciplined approach in opportunistically allocating capital to primarily two principal publicly traded areas of Tax-Efficient Pass-Through Equity Securities: Small Cap Residential Equity REITs (Single Family, Manufactured Communities, Commercial Apartments) and Structured Finance Entities such as Mortgage REITs (RMBS/Whole Loans ,CMBS/Whole Loans, Hybrids) and Closed End Investment Management Companies ( BDC Structures, CLO Equity).
An engineer and scientist by trade, I have managed my own investments since not long after college through the bubbles and troughs of the 90s to today. My goals are financial independence and protection from a random and sometimes irrational world.
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