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In 663 BC, King Ashurbanipal of the Assyrian Empire invaded Egypt and sacked the city of Waset (located in modern day Luxor on the Nile River). Ashurbanipal vanquished the city, purportedly seizing more than 75 metric tons of silver for his personal collection. At the time in the ancient world, the prevailing ratio
Need A Second Passport Fast?Learn how to get a Second Passport & Citizenshipin just 6 months to 2 years AUTHOR LAST UPDATED If you are in a rush and looking for a fast way to get a second passport and citizenship you’re in luck… It’s possible to obtain an excellent passport in less
On Friday evening, the government here in Puerto Rico made an announcement to local retirees that many of them would have their pensions cut. Poof. Just like that. The pension cut is part of a debt restructuring plan to help Puerto Rico emerge from bankruptcy, which they declared in May 2017. Bankruptcy is
In a concept paper called “Treat Wealth Like Wages”, the ranking member of the US Senate Finance Committee laid out a plan late last week to radically overhaul the tax code in a way never before seen. Just as you’d expect from the title, his central idea is to tax wealth; if you
Lately I’ve been looking at a number of office buildings in San Juan– I own two businesses that are based here in Puerto Rico, and it’s about time the team moved to a larger space. I was really impressed with what I saw– there are a number of compelling new commercial real estate
Our annual Sovereign Academy is just around the corner. Each year, I invite the most talented entrepreneurs I know to teach and mentor a group of 50 young people from around the world. The camp is entirely free for students – I pay for everything myself out of pocket. It’s also one of
There seems to be an unwritten rule with lawmakers that, every time they create a terrible piece of legislation, they give it the most noble-sounding name. The USA PATRIOT Act from 2001 was a great example. It sounds great. Who wouldn’t love a law named for Patriots? And yet that was easily among
Imagine a place where you could spend all day sitting on a beautiful beach, sipping piña coladas, mingle with some of the most fascinating people you’ll ever meet, and not pay any taxes… It’s the classic dream of the offshore tax paradise. Unfortunately, that dream is largely dead due to Uncle Sam’s aggressive
I remember the day like it was yesterday. Fifteen years ago, I received my Italian passport in the mail, shipped to me directly by the Italian consulate in New York. A few years prior, I found out I was eligible for an Italian passport through ancestry. My grandparents are of Italian descent… so
At the Sun Valley investment conference in mid-1999, Warren Buffett made a rare prediction about the stock market. 1999 was THE top of the dot-com craze. And Buffett saw countless companies going public, attracting billions of dollars of investor capital, despite being UNPROFITABLE and having NO business plan to EVER make money, ever.
In the year 1492, at a port city about 50 miles south of where Columbus was preparing to set sail for the New World, Spanish Jews were desperately scrambling to flee Spain. King Ferdinand and Queen Isabella gave all Jewish Spaniards just four months notice to leave the country, convert to Christianity, or
Most of us have only very few opportunities to do something that has a true lifelong impact on someone else. One of these opportunities is to do something for your children that will pay dividends for a lifetime in the form of freedom, choices, and safety. And that gift is a second passport.
At the peak of its power in 1350 BC, thousands of years ago, ancient Egypt was like nothing ever seen before. The great Kingdom was thriving under an efficient system of agricultural production and trade with foreign nations. Egyptians had learned to adapt to the natural irrigation of the Nile river to produce
When Hugh Hefner finally sold one of the most famous homes in the world back in 2016– the Playboy Mansion– the market was a bit slow. And Hefner had to settle for about half of his original $200 million asking price. But in exchange, the then-90-year-old got a sweet deal: He didn’t have
March 15, 2013 was a pretty normal day in Cyprus. It was a Friday, and most people were looking forward to a relaxing weekend. The next morning the entire nation woke up in horror. Their politicians had been up all night, negotiating with international lenders to provide an emergency loan to the country,