A Week of Reflection

This article was published in the Escape Artist Weekly Newsletter on April 19, 2019. If you would like to subscribe to the newsletter, please click here. 

Hello readers,   

This week, we bring you part-three of Mikkel Thorup’s asset protection series, more information on the upcoming conference, and a few interesting stories I have found from around the world, including a Game of Thrones tour and the fire heard all around the world.

Major world events, such as the Notre-Dame Cathedral tragedy that took place in France this week, often lead us to reflect on our lives. This week, I challenge our readers to reflect on their experiences and consider what brought them to Escape Artist in the first place.

This time of reflection can open up new doors as we seek to change our old ways. If you find that you have been holding yourself back from a life of financial and personal freedom, consider the Escape Artist way. How can life abroad open up your world?

As always, we want to remind you that Escape Artist is the number-one destination for all of your expat questions. Feel free to explore our website and drop in to ask a question. We love when you ask questions!  

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Asset Protection Featured Article:

This week, we are featuring part-three of Mikkel Thorup’s asset protection series:

Offshore Companies: A Guide to Asset Protection Strategies (Part 3)

There’s typically a lot of empty moralizing that accompanies any mention of offshore companies and trusts. To the uninitiated, these legal structures are nothing more than shady money laundering tools that are more suited to mobsters and corrupt politicians than entrepreneurs.  

Let me be clear, if you’re internationalizing in an effort to hide your income and assets, then this description absolutely holds true. Underreporting business income is considered a crime in pretty much every jurisdiction, and any such attempt will be prosecuted to the full extent of the law under the category of tax evasion. In the U.S., that means penalties that can rise to well over $250,000 as well as a possible federal prison sentence of up to 5 years.  

However, when experts like Joel Nagel advocate for offshore companies and other mechanisms, they make sure to… Read more…

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Escape Artist Conference Countdown!

Have you been holding back on living your dreams of going abroad? Maybe you want more information on asset protection or offshore investing? Get the information directly from the experts! Since the first two Escape Artist Conferences were such a success, our team is already getting excited for the next one.

The 2019 Escape Artist Summer Conference will take place in Pittsburgh, Pennsylvania, on June 22-23, 2019.

The Escape Artist Conference is the only event where you will be able to have one-on-one time with the Escape Artist team, writers, and friends of the site who can teach you all about their experiences living abroad, banking internationally, investing globally, and so much more.

If you want up-to-date information on the next conference, fill out this survey and have a hand in planning what we cover at the event!

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News from Around the World:

Tragedy Strikes French Landmark

On Tuesday, the medieval cathedral of Notre-Dame in Paris, France, caught fire. The Gothic building has been a staple of the city’s architecture for 850 years. Firefighters worked for nearly fifteen hours to stop the fire as the world watched. The roof was destroyed, but the fire was stopped before it had a chance to collapse the towers.

Though the building is damaged, the story is not over just yet. Donors have pledged hundreds of millions of euros to rebuild the partially burnt cathedral. Between a number of companies and large business tycoons, nearly a billion euros have been pledged already.

Winter Has Come and Gone

The first episode of the final season of Game of Thrones aired on Sunday, and fans are already trying to figure out who will end up on the throne.

Unforgettable Croatia, a European tour company, is offering the chance to win a luxury Game of Thrones tour in Croatia!

The seven-night tour will take one lucky fan and a guest to filming locations of the hit show across Split and Dubrovnik. The winners will spend their nights in five-star hotels!

How do you win? You must correctly predict who will end up on the throne! Entries to the contest close on May 5, 2019.

As if You Need Another Reason to Live Abroad

In 2018, a research study conducted by Rice University, MIT, University of North Carolina, and Columbia University found that moving abroad is very rewarding for individuals, a fact that we are very familiar with at Escape Artist.

Benefits discovered by this study include career success, diverse culture, and expanded perspective on life. This expanded perspective has improved decision making, stress management, and job performance!

Could it be true that living abroad can actually improve one’s personal life? The answer is YES!

The study proved that a life lived abroad can enhance clarity, ultimately making for better decision making, which can lead to a better career and overall lifestyle.

For more information on how to gain that clarity, join us this June!

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Whether you are planning on living, working, retiring, or investing overseas, Escape Artist can help you every step of the way. Don’t forget to check out the eBook store for the 2018 Expat Tax Guide and our wonderful country guides!  

For more information on what’s going on in the international scene, check out some of this week’s newest articles!

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New From Escape Artist:

Featured International Real Estate for Sale

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This article was published in the Escape Artist Weekly Newsletter on April 19, 2019. If you would like to subscribe to the newsletter, please click here. 

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