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Offshore Investing

Technology Ends Offshore Tax Evasion

by John Rubino on March 15, 2010

Not so long ago, one of first things a newly-rich person would do was move some money into a numbered Swiss account or Cayman trust, where it would be safe from spouse, creditors, and tax collectors. Maybe not the most ethical way to behave, but what the hell, you’re rich and you can get away [...]

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Sharks in Offshore Waters, Part Three

by John Rubino on January 24, 2010

Two things are certain about moving money overseas: First, it’s necessary if you want to shield at least some of your savings from the capital controls, wealth taxes and confiscations that will (not might) be imposed by over-indebted governments in coming years. Second, there’s a whole ecosystem of predators waiting to exploit the first-time offshore [...]

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Sharks in Offshore Waters, Part Two

by John Rubino on January 19, 2010

Offshore investing is one of those things that’s easy to do but hard to do well. Whip out a reasonably hefty checkbook and you’ll find lots of smooth operators ready to sell you a Latin American beachfront condo, Swiss bullion account or sure-thing Chinese stock, all wrapped up in an impressive-sounding trust or LLC. But [...]

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Sharks in Offshore Waters, Part One

by John Rubino on January 15, 2010

No matter where you live, it’s hard to escape the feeling that too many trends are moving in ominous directions. The U.S., besides running suicidal deficits, now wants to make investment income subject to Medicare taxes and convert 401(K)s to annuities, in effect nationalizing them. The Euro Zone is coming apart at the seams, as [...]

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More Good Timing For Peter Schiff

by John Rubino on October 26, 2008

It’s been fun over the past few years watching EuroPacfic Capital’s Peter Schiff educate mainstream (i.e. clueless) economists and money managers on CNBC and elsewhere. My personal favorite is this one from 2006, in which Schiff gets everything right and a pathetic little economist named Arthur Laffer makes a complete fool of himself. A couple [...]

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