I want to begin this newsletter by wishing all of my friends, family and readers around the world a happy holidays. There are a myriad of winter traditions celebrated around the world on a variety of days ranging from Saint Nicholas Day on December 6th, Hanukkah from December 20-28th, Catholic or Protestant Christmas on December 25th, Orthodox Christmas on January 6, 7, or 19th depending on country, or even the ancient traditions of Saturnalia or Mithras which have been celebrated around winter solstice for centuries.
Regardless of your reason for celebrating, I encourage you to take some time away from the pressures of your job or business to spend with family and friends and to remember the things that are important in life. And of course, eat yourself into oblivion as this is a winter holiday requirement.
I want to keep this issue short and sweet and address two things I am very excited about. The first item of interest is the launch of the Overseas Radio Network.
A few months ago I was asked if I wanted to have my own weekly radio show. Having no radio experience whatsoever, I was a bit skeptical, but agreed to discuss the possibility. The more we talked about it, the more excited I became.
The Overseas Radio Network is a brand new online program with 40 radio show hosts from around the world. The shows have some pretty unique titles with incredibly qualified hosts. Some of them are;
- Global Escape Hatch – yours truly
- IRA Choices – Thomas Phelan
- Food Pilgrimage – Sage Russell
- Girls Guide to Paris – Doni Belau
- Mike’s Gringo Life in Nicaragua – Mike Cobb
- Live and Invest Overseas – Kathleen Peddicord and Lief Simon
- Investment Postcards – Prieur du Plessis
- Expert Expat – Robert Culpepper
- Escape to Mexico – Henry Altman
- Truth and Lies – David Finzer
- Wine Line – Robert Scott
- Yachts: The Perfect Escape Vehicle – Gary Fretz
This is just a few on the schedule, but the others are equally as unique and interesting with very qualified experts in their respective field. Personally I feel this is an exciting endeavor as I get to be part of a group of like-minded experts discussing issues that are important to us and spreading the word about living an extraordinary life.
For you, this is a fantastic opportunity to listen and interact with each one of us on a weekly basis and get your most pressing questions answered. Each and every one of us will be hosting a live radio show giving callers the ability to dial in and ask questions about any topic they wish.
Many of you subscribe to my newsletter because you are interested in protecting your assets and have an interest in offshore investments and internationalizing your life. But many of you are still sitting on the fence and have yet to make the leap.
The Overseas Radio Network presents you with a unique opportunity to engage myself or any of the other show hosts directly and get your questions answered.
Do you want to know how to privately move assets offshore? Interested in moving abroad but not sure how you would educate your kids in a foreign land? Does the idea of living in Mexico excite you but you fear the news headlines and think the country is entangled in a drug war? Do you want or need a 2nd passport?
Everyone one of the radio show hosts have lived in at least one country outside of their birthplace. Most of have lived in several places and have travelled extensively around the world. Each one of us has tackled many of the obstacles that you feel are holding you back. You can easily tune in to your show of choice (preferably to mine every Monday from 3-4pm EST) and ask the most pressing questions.
The show has its official launch in mid-January. If you are interesting in learning more about the Overseas Radio Network and want to be updated with information regarding the show hosts, schedule, call in numbers and other information please click the link below.
The last item that may be of interest to many of you is opening an offshore private bank account in Europe without the need for a personal visit. Many of you may be aware that opening an offshore bank account is becoming increasingly difficult with countries around the world cracking down on ‘tax cheats’ and ‘criminals’ in an attempt to regain control of the world’s financial system and tax you into oblivion.
Earlier this week I had a face-to-face meeting with a private bank that I feel is an excellent option for many of you looking to establish your own ‘Global Escape Hatch’. This bank has many benefits to offer including;
- Low set up cost
- Low fees
- No minimum deposit
- Private debit card
- Online brokerage account with stock and derivative trading on many world exchanges
- Wealth management services
- Multi-currency account with 30 different currency options
- No account reporting requirements to your home country
- 2.5-3% interest on cash accounts
- Deposit guarantee of 100,000 Euros
- Very safe bank with 17% capital adequacy ratio and 58% liquidity ratio
- Zero toxic mortgages on the balance sheet
- No branches or offices within the US
The preferred method for opening the account is through an offshore company. This gives you the utmost privacy and eases the account opening process. We can assist clients opening an offshore company in Seychelles or Belize (and others) to facilitate the account opening.
With the new FATCA rules enacted as part of the HIRE act in 2010, opening an offshore bank account will get much more difficult for Americans beginning in 2013. Having an offshore bank account is one of the most important steps you should take in asset protection planning. I would encourage you to take advantage of the opportunity while you still can. No one knows how much longer it will remain possible for Americans to open an offshore bank account.
Call today for your free 30 minute asset protection consultation. Until next week, live well.