What Choices Do I Have?

by Joel M. Nagel, Esquire This week’s question was selected for Ambassador Nagel. Tom, from Florida, asks: Dear Ambassador Nagel, I have been looking at second residency and…

Top Places to Retire in Belize

This week’s question comes from Dave from Minnesota: Dear Ambassador Nagel, What are the best places for me to consider living and spending my retirement in Belize? Thanks in advance…

Belize Guatemala Dispute

Pete, from Vancouver asks:  Dear Ambassador Nagel, Could you explain what is going on with the Belize/Guatemala border dispute and the current referenda occurring in each country about resolving…

Selecting an ​International Corporate Strategy

Jean Luc from France asks "Dear Ambassador Nagel. I am a French National moving out of France for tax reasons and plan to move to Malaysia. I'm establishing an on-line publishing company whose…

A Conversation with Belize’s Foreign Minister

In this week's "Ask the Ambassador," I get to ask the questions instead of answer them. I had an opportunity to sit down with Belize's Foreign Minister, Wilfred Elrington, at the Live and Invest in…

Benefits of Puerto Rico’s Act 20 & 22

This week’s question came from Robert in North Carolina. Dear Ambassador Nagel, I have been hearing more and more each year about the benefits of Puerto Rico's Act 20 and 22. What is your…

How Can I Set Up My Own International Bank?

This week’s question came from Yana in Romania. Dear Ambassador Nagel, I understand that it is becoming more and more difficult to set up an international bank and, especially, to access…

Investing in Cryptocurrencies Through Your IRA

In last week's "Ask the Ambassador," I answered a question from Mike from Portland regarding the reporting and taxation of cryptocurrencies. To review that article, click here. One element that we…

Best Offshore Trust Jurisdictions

Guest Post by U.S. attorney, Joel Nagel. Joel Nagel is an attorney licensed in the United States who focuses on international asset protection and offshore trusts. Mr. Nagel has been a member of…

How to Plan a Family Office

Mark from New York asks: "Over the past year or so, I have had many colleagues of mine encouraging me to open a family office. I am a retired physician (current business owner) and most of the details…

Nested Correspondent Banking Accounts

Question: “What is a Nested Correspondent Banking Account?" Ambassador Nagel: A nested correspondent banking account is one where a service provider sets up a master correspondent banking account at…