You
Don’t Need to Be Rich to Invest Offshore: Here’s Proof!
By Mark Nestmann
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| This article first
appeared in the Sovereign Society Newsletter. For information on the Sovereign
Society see sidebar.
One of the most common questions
we receive from Sovereign Society members is, “I’m a small investor…can
I legally buy the types of offshore investments you recommend?” The answer
is a resounding yes. Here are five ideas:
The Best Way to Tap into Offshore
Funds
There are over 100,000 offshore funds,
some with investment minimums as low as US$5,000. A great example is GAM
Diversity, a low-risk hedge fund that has gained an average of 13% per
annum since 1989, with 50% less standard deviation, or risk, than its benchmark
index (MSCI World Index). While GAM Diversity is now closed to new investment,
GAM Diversity III), managed in the same manner, is still available. Link:
www.gam.com.
Because many offshore funds want
to avoid burdensome US regulation, many of them will not sell shares directly
to U.S. citizens or residents. However, you can legally buy them through
an offshore bank, such as The Sovereign Society’s Offshore Convenient Account
partners in Denmark or Austria.
For information on opening an offshore
bank or trading account, you can contact one of the Society’s preferred
offshore partners such as Jyske Bank and Anglo Irish Bank.
Jyske Bank, Copenhagen, Denmark.
Contact: Thomas Fischer. Tel.: +45 (33) 787-812. Fax: +45 (33) 787-833.
E-mail: fischer@jyskebank.dk.
Link: www.jbpb.com
(minimum account size for offshore
funds: US$14,000).
Anglo Irish Bank (Austria) AG, Vienna,
Austria. Tel.: +(43) 1 406-6161. Fax: +(43) 1 405-8142. E-mail:
welcome.desk@angloirishbank.at.
Link: www.angloirishbank.at
(minimum account size for offshore funds: US$100,000).
Another hurdle for US residents investing
in offshore funds is U.S. tax laws. These laws can require you to pay taxes
on unrealized gains on your funds on a yearly basis. Yet you can easily
overcome this obstacle by purchasing these funds through a tax-deferred
vehicle such as a retirement plan.1
Larry Grossman, CFP, CIMA, and a
member of The Sovereign Society’s Council of Experts, recently put together
a special report on how you can easily move all or part of your retirement
plan offshore. For more information, see http://www.agora-inc.com/reports/190SURPP/W190E306/
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 The
Sovereign Society, headquartered in Waterford, Ireland, was founded in
1998 to provide proven legal strategies for individuals to protect their
wealth and privacy, lower their taxes and to help improve their personal
freedom and liberty. |
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Society's highly qualified contacts recommend only carefully chosen banks
and investment advisors as well as financial and legal professionals located
in select tax and asset haven jurisdictions around the world. The Society
provides advice concerning the establishement and operation of offshore
bank accounts, asset protection trusts, international business corporations
(IBCs), private foundations, second citizenships and foreign residency,
as well as practical safeguards for financial, Internet and personal privacy. |
| The
Sovereign Society stands alone in fulfilling this singular, international
offshore service role for its members. To learn more about our organization
and how you too can become a member, Click the link below: |
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Making Money When the Dollar
Falls with Foreign Currency CDs
You can also use your Offshore Convenient
Account to purchase CDs in nearly a dozen different currencies for a minimum
investment of only US$5,000. And foreign currency diversification can be
a very smart investment.
For instance, if you purchased a
US$5,000 British pound CD on Jan. 1, 2003, one year later it was worth
US$5,700, including interest. If you purchased a euro CD, you did even
better, with your CD worth US$6,100, for a total return of 22%. (Note:
The Sovereign Society no longer recommends euro CDs, although we still
like the British pound and Canadian and Australian dollars.)
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 The
Strange Disappearance of 100,000 American Millionaires.
Last year, the number of American
millionaires fell by 100,000. Yet 200,000 new millionaires showed
up overseas. Why? Because hugely profitable investments are
being hidden from you by a cartel of lawyers, regulators and Wall Street
special interests. Like our recommended investments that gained 787% and
1,894% during the bear market and our other investments up 106%, 131% and
169%. Find out what they don't want you to know...
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Foreign currency CDs are available
from Anglo Irish Bank (Austria) for a minimum investment of US$5,000 (minimum
account size for CDs: US$25,000). They are available from Jyske Bank for
a minimum investment of $14,000 (US$17,600).
Enjoy Swiss Asset Protection Even
If You’re Not Yet a Tycoon
Starting at only US$20,000, you can
purchase one of the safest annuities in the world—one from Switzerland.
You obtain a modest guaranteed income, but the real attraction of a Swiss
annuity is virtually ironclad protection from creditors.2 If you’re looking
to create an offshore “nest egg” that no one can touch, a Swiss annuity
is one of the best investments you can consider.
Swiss annuities are available through
two members of The Sovereign Society Council of Experts. Marc-André
Sola heads up NMG International Financial Services, Ltd. Tel.: +(41) 1
266-2141. Fax: +(41) 1 266-2149. E-mail: marcsola@nmg-ifs.com.
Link: www.nmg-ifs.com.
Dr. Erich Stoeger is Chairman of
EurAxxess, AG. Tel.: +(41) 1-980-4281. Fax: +(41) 1-980-4255. U.S. message
center: (866) 945-8799.
E-mail: info@euraxxess.com.
Link: www.euraxxess.com.
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Big Profits From
Precious Metals
For only US$10,000, you can purchase
a Perth Mint Certificate (PMC), a depository receipt acknowledging your
ownership of gold, silver, platinum or palladium bars or coins stored in
a government-guaranteed depository in western Australia. This is the only
government guaranteed precious metals accumulation program in the world.
Like foreign currencies, precious
metals have been smart investments in recent years. For instance, if you
purchased a US$10,000 gold PMC on Jan. 1, 2003, it would have been worth
US$21,100 by year-end—a 21.1% gain.
For more information on PMCs, see
www.perthmint.com.au/gc/depository/depository_layout2.asp?url=1. Two members
of The Sovereign Society’s Council of Experts are approved dealers for
PMCs. Michael Checkan is president of Asset Strategies International, Inc.,
in Rockville, Md. WATS: (800) 831-0007. Fax: +1 (301) 881-1936. E-mail:
rcheckan@assetstrategies.com.
Link: www.assetstrategies.com.
Dr. Erich Stoeger is Chairman of EurAxxess, AG, in Switzerland. Link: www.euraxxess.com. |
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Buy the Best International Stocks
Without Leaving Home
The S&P 500 rallied 26% in 2003,
but that was peanuts compared to the returns of some overseas markets.
For instance, The Economist lists the following returns from other markets
in that time…
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Argentina 159%
Brazil 129%
Turkey 126%
Thailand 118%
Chile 107% |
Colombia 107%
Peru 98%
Malaysia 94%
Indonesia 94%
Czech Republic 91% |
Austria
85%
Denmark 69%
India 77%
Germany 65% |
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All these returns were in U.S. dollars—and
better yet, all these markets have securities that trade in the United
States, just like U.S. stocks. They’re called ADRs (short for American
Depositary Receipts). And the very best of these can provide very explosive
returns. For instance:
• Rediff (FEDF), a leading publisher
in India, soared 4,352% in the last 17 months.
Flamel Technologies (FLML),
a French bio-pharmaceutical company, is up 3,975% in the last 30 months.
• Telecom Argentina (NYSE/TEO),
that country’s leading telecom firm, is up 1,127% in the last 17 months.
• Grupo Financiero Galicia (GGAL),
a financial conglomerate (also from Argentina) is up 3,468% in 20 months.
• And Netease, a highly profitable
Internet technology company from China, is up 7,502% in the last 26 months!
The only trouble with investing in
these shares is getting good information on them. The prime provider of
information about international markets and opportunities is Bloomberg—a
service founded by the now-mayor of New York. But Bloomberg’s full service
requires a two-year subscription at a cost of US$1,700 a month. So, unless
you have US$41,000 laying around for market research, this isn’t a viable
option.
However, Sovereign Society Council
of Experts member Eric Roseman is launching a new weekly trading service
dedicated exclusively to the most profitable international ADRs in the
world. It’s called Renegade Investor and it will debut this month.
At $1,475 a year, the cost of this
exclusive information and investment recommendations isn’t trivial. But
it’s a pittance compared to what Bloomberg and similar services charge—and
they don’t provide the kinds of recommendations Eric does.
Eric’s been covering global markets
for the last 15 years, as a money manager and investment editor. During
that time, his subscribers have made 400% on The Singapore Fund, 330% on
National Bank of Canada, and 315% on Brazil’s Telebras, just to name a
few.
In the last year alone, in fact,
subscribers to his Commodity Trend Alert service, reaped gains of 216%
on International Uranium Corp., 131% on Pan American Silver and 115% on
Fording Canadian Coal Trust. In all, Eric has given his subscribers 20
positions that have returned 25% or better in the last 15 months, and 40
winners out his last 44 recommendations!
Availability to his new Renegade
Investor service is limited, so if you’d like to reserve a spot on this
new service before its official launch later this month, contact Nadine
Barry at nbarry@sov-soc.com.
Even More Offshore Investment
Options
Of course, if you have more than
US$20,000 to invest offshore, you can enjoy a larger number of investment
options, including tax deferred variable annuities (minimum US$50,000),
portfolio management (minimum US$250,000 and up), etc. But you don’t need
this much to get started…so what are you waiting for?
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