With the recent changes (as of January 1st 2014), it is high time to discuss Hong Kong. I will also be going over its Portuguese-heritage neighbour – Macau (also Macao). History Grab your time travelling gear. It’s history time. Hong Kong To most, it seems that Hong Kong’s history began…
This is going to be a short one, but a topic I find needs to be addressed. I am often asked about whether an offshore company can open an onshore company, and — vice versa — whether an onshore company can open an offshore bank account. The question I always…
It’s been a while since I did one of these, but today we will be taking a look at Panama-based Mossack & Fonseca. Website: http://www.mossfon.com/ Offshore Services Mossack & Fonseca is, first and foremost, a law firm and not a pure offshore service provider. Like many other law firms, they…
…That I have used. This post marks a slightly changed posting schedule, where posts occasionally will be posted more than twice a month; though still always on Thursdays. Web hosting is a key aspect of any global business today. Hosting in the right location can be just as important as choosing…
New! Click here for The Best Offshore Banks 2014. A new year is upon us. It’s time to revisit the blog post that started it all, and which remains one of the most popular on this blog. Just like last year’s edition, the title should more accurately be “The Best…
This is the fifth post in the Jurisdiction Spotlight series. Today we will be taking a look at one of the most versatile of the IBC jurisdictions in the world: the independent state of Samoa, formerly — and still sometimes called — Western Samoa. While investment into Samoa is rather…
After weeks of searching, you finally found a way to score a prepaid, reloadable Visa or MasterCard. Maybe it’s a Swiss TravelCash card, maybe it’s an FBME world card, maybe it’s one of those Polish card with an IBAN. Perhaps you found one that complies with basic international KYC regulations,…
Today we are going to discuss best practices for traveling with sensitive information. In particular, crossing borders and some helpful tips when crossing into certain types of countries. Threat and Risk Assessment So you are carrying sensitive data with you on a journey. Great. What are you worried about? Whom…
Reputability is one of the most overlooked aspects when forming an offshore company and/or opening an offshore bank account. What good is an offshore company if no bank accepts the jurisdiction? What good is an offshore bank account if all wires in and out of the bank are subject to…
“Holy mackerel! A Dominican citizenship for only $10,000? Better grab my credit card!” Not so fast, Jimmy. Aside from often marketing misleading prices, offshore service providers don’t always give you a transparent, upfront breakdown of the pros and cons of having a second citizenship. The True Cost Sometimes, you will…