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I receive a lot of subscriber questions, and while I cannot answer them all, I wanted to specifically address three of them that key in on recurring themes in this community– second citizenship, investing, international opportunities, corporate structures, banking, and gold/silver storage. 1) Paul asks– “I was wondering what your 1st choice would
So much for BMW’s run-flat tires. Believe it or not, I’m actually sitting on the side of the A3 motorway in central Germany, about halfway between Frankfurt and Munich, waiting for the tow-truck to arrive. Apparently you’re supposed to be able to drive on these tires even when they’re flat… and with such
I spent a couple of days this week in a fast BMW with Matt, my friend and business partner. We had a meeting in southern Spain yesterday with a key figure in the world of second passports, and we raced at speeds up to 250 km/h so that we could make the meeting
I’m sitting in a comfortable, overstuffed leather chair this morning typing away at this letter while a team of local women give me a traditional Thai foot massage. 30 minutes in the chair will set me back about $4, and I can’t think of a better way to part with my money.
If he keeps this up, they might start calling it Panama, Inc. Panamanian President Ricardo Martinelli has been in office less than 6-months, yet to the extent that it is politically possible, he seems bent on running Panama with the same vision as when he ran the chain of supermarkets that made him
Please begrudge me the quote from V for Vendetta, but I’m really starting to worry about what’s going on in the United Kingdom. On Wednesday I wrote about the UK’s “Interception Modernisation Programme.” New rules under the program require wireless companies and internet service providers to archive phone records, web history, and emails
I’m actually reporting tonight from bed-side in my hotel room; I managed to crash my $3/day motorcycle rental this afternoon, and between the cracked rib and other pleasantries, I’ve decided to call it an early evening. Fortunately for me, Thailand has some of the best healthcare in the world, at least if you’re
Do you think your government doesn’t have the means to listen to your phone calls? Think again. Governments from around the world, not just exclusive to North America, have technologically advanced eavesdropping programs which can capture mobile phone conversations without anyone ever knowing. And just in case the government isn’t so technologically advanced,
Apparently I’ve been traveling too much, because I was recently caught out of the loop. On Wednesday I published an article about Panama’s Resolution 52; the law effectively makes it illegal for landlords to rent property in Panama for less than 1-year. I predicted in the letter that, based on the past track
I’ve received a few questions recently about a piece of legislation recently passed in Panama known as Resolution 52. A bit of background– the construction boom and ensuing real estate bubble for Panama City condominiums lasted from 2003 until approximately 2007. Tens of thousands of units were designed and sold off-plan to speculators,
“We are very concerned with what’s happening in Panama, or to put it another way, what’s not happening.” — Jeffrey Owens, director of the OECD Centre for Tax Policy and Administration Earlier this month, a group of tax commissioners, finance ministers, and NGO representatives descended upon Los Cabos, Mexico for the 5th annual
I received quite a few interesting comments this week (many of which I kept private at the request of the sender). Remember, posting a comment to the site is the best way to reach me: I read all of them personally. Email goes to support staff. – SOLDIERS IN THE STREETS- Kelly asked
Greetings! I’m going to dive right into the questions from this week: == TRANSPORTING GOLD OUT OF THE COUNTRY == I appreciate all the comments and anecdotes in response to Tuesday’s letter about my run-in with TSA. . Based on the questions I received, there are a couple of things that should be
It was a nice enough place… about 1500 square feet, 3 bedrooms, nicely furnished, and even had a sliver of an ocean view. Best of all, it wasn’t in gringo-ville. “How much rent are they asking?” I posed to the real estate agent who was fawning closely on my heels. He reeked of
For Latin Americans, Miami has been a lot of things– the major financial center, the cultural Mecca, prime tourist destination, the business capital, and a symbol of international success. The city made its riches and opportunities available to all nationalities, reaching the point during the most recent real estate boom where one could
