Unique investment ideas, tips, strategies and insights from our team of editors: Brian Hicks (author of the bestselling book, Profit from the Peak), Christian DeHaemer, Ian Cooper, and Nick Hodge.
We are a tax consulting and company formation firm located offshore in the sunny, tax free Bahamas since 1990. I've formed over 1,030 Bahamian IBCs and 360 Anguilla IBCs since 1990.
◾Anguilla is a UK overseas territory with same tax status as Cayman Islands.
◾All the money and technology to create their offshore registration services came out of London.
◾Anguilla was one of the very first tax havens that adopted an online registry service.
◾QEII is the head of State.
◾Got questions? email firstname.lastname@example.org
The Caribbean tax havens have grown to rival New York and London as a place to hold family assets, and the US FET is one reason why there are so many offshore companies there.
480,000 IBCs in BVI;
100,000 “exempt companies” in Cayman;
45,000 IBCs in the Bahamas;
30,000 cos in Bermuda
25,000 IBCs in Anguilla
None of the Caribbean (tax) havens levy an estate tax.
Nobody is much interested in tax avoidance any more, so I'm posting Tom's Fishing Gallary pictures instead http://bahamasbahamas.com/images/gallery.html
Personal info here https://www.linkedin.com/profile/preview?locale=en_US&trk=prof-0-sb-preview-primary-button
and PFIC / FATCA info for planners https://www.linkedin.com/pulse/new-irs-form-8938-created-fatca-2010-can-filing-avoided-tax-havens?trk=prof-post
JPMorgan/Chase writes on U.S. Estate taxation: "Because stock of a foreign corporation (in a no tax haven) is not subject to U.S. estate tax, holding U.S. situs assets through a foreign corporation constitutes a planning opportunity." http://www.jpmfinancialservices.com/images/PDFs/EstateTaxation.pdf
Interested in technology and financial markets. Undergrad in engineering, MS in Comp Sci and an MBA in finance. Building tools for individual investors to make more informed decisions about the stocks and mutual funds they choose.
Identify businesses that have long-term sustainable growth opportunities and are trading at a good value.
I'm a 26-year-old retiree, enjoying some time to pursue passion projects after hustling with 18-20 hour workdays for years. After having a medical scare last year that had me hospitalized, I decided it was time to sell the business and focus more on putting my money to work for me rather than the other way around.
I now spend most of my time reading, writing, and enjoying life.
Individual Investor. IT Tech Sales Management for over 20+ years. Work for Brocade currently, but was employed in the past by HP, Dell, CompUSA, IBM and PC Connection. I track tech and retail very closely. I track passively nat gas, and some financials.
I am retired and live in San Francisco’s quaint Sunnyside neighborhood; I live just five short blocks from San Francisco’s only wilderness park: the world renowned Glen Canyon Park!
My investment approach is based on my belief that the US economy is transitioning from a currency based economic system to an earnings/wealth creation based economic system.
I think we are now in the middle stages of this transition: the dollar is still used as global legal tender, but there is vocal group of central bankers advocating changing the global currency system. And indeed, even among our friends, the dollar is losing its luster as a global tender. Our ongoing budget deficits, our ongoing trade deficits, and our ongoing commitment to deficit financing to finance whatever. Our policy wonks decisions makes many conclude that we are no longer in control of our money supply! Can we control expenses? The end will come because we cannot stop printing more money to pay for things;, our expenses must be paid for through revenues, not credit.
The only questions is how and when the end will occur: I think the global currency system will change quickly, with the dollar users simply abandoning the dollar: they will wake up one morning and decide it is no longer prudent to use the dollar as global legal tender. I think there is a strong possibility that the dollar users will abandonment the dollar in panic, like how the Dutch tulip traders abandon their stockpile of tulips, they woke up one fine morning and understood that the tulip is a beautiful flower but not worth the money they paid for it. Panic ensued, with tulip holders trying to sell their tulip stockpile for any price!
I doubt that the dollar abandonment (or the euro, the Yen, or other national currencies used as global legal tender) will occur slowly, simply because the last ones to unload their dollar holding will lose money big time.
So my thinking is that the global currency system will change suddenly, with both domestic and foreign dollar holders taking a loss, with the foreign dollar holders taking the biggest loss.
I pray that the global community will see this currency upheaval as an opportunity to work together to develop a global currency system that is fair and equitable to all players.