staffwriter, Author at Escape Artist

Finance

Opening An Offshore Bank Account From A Restricted Country

Opening An Offshore Bank Account From A Restricted Country I got word yesterday from Belize that their corporate registrar won’t accept clients from Russia any longer. That means anyone holding…

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Your Plan B

Panama is cracking down on residents without visas

Many of us are living in Panama without a proper residency visa. I did it for 3 years, leaving every few months to Colombia or Costa Rica and returning after…

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Finance

Don’t form an offshore company in BVI in 2017!

The new BOSS Act (Beneficial Ownership Secure Search Act of 2017) was implemented in the British Virgin Islands this week. The law puts your personal data in the hands of…

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Finance

What you need to know before going offshore

After 17 years advising expats, living the life, and having been a resident in 5 countries, here’s what I think you need to know before going offshore. This article is…

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Finance

Offshore Corporation vs Offshore LLC

When planning an international structure, deciding between an offshore corporation or an offshore LLC can make a world of difference. There are significant tax differences between an offshore LLC and…

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Finance

What is an offshore tax haven in 2017?

What is an offshore tax haven in 2017? Are there any tax havens left after FATCA and the OECD regulations have been adopted by banks around the world? What does…

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Your Plan B

How to open a bank account in the United States from abroad

Here’s how to open a bank account in the United States from abroad.. This article is meant for non-US persons – people who are not US residents, citizens or green…

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Your Plan B

Puerto Rico’s Act 20

Established in 2012, Puerto Rico’s Act 20 promotes the exportation of services from the US territory. The purpose is to attract foreign capital and professionals from the United States and…

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Finance

Offshore Irrevocable Trust

The strongest form of international asset protection is the offshore irrevocable trust. An offshore irrevocable trust is set up by you (the settlor) to hold assets for the benefit of…

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Your Plan B

Be careful with the 2017 version of Puerto Rico’s Act 20 tax holiday

On July 11, 2017, the Governor made some major improvements to Puerto Rico’s Act 20 tax holiday. These revisions made Puerto Rico’s Act 20 “untouchable.” No offshore jurisdiction can come…