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Fractional Life Announces 2010 London Expo
Welcome back to International Arbitrage!Fractional ownership is benefiting hugely from increased consumer awareness, propelled by current budgetary constraints on luxury ‘whole ownership’ goods. Fractional Life Expo caters for a growing population who wish to enhance their lifestyle with access to luxury possessions and experiences – without the inevitable ties, responsibilities and capital outlay that whole [...]
RIP Jim Rohn
Extraordinary motivational speaker, business philosopher and coach Jim Rohn passed away this past weekend. He will be missed.
Some select quotes by Rohn:
“Economic disaster begins with a philosophy of doing less and wanting more.”
“Every life form seems to strive to its maximum except human beings. How tall will a tree grow? As tall [...]
Expats on Twitter
For expats, the “always/anywhere” aspects of Twitter when accessed via one’s phone, coupled with its relatively manageable text feed and other phone-friendly features, make the quirky network an ideal medium to share with and scope out other expats. Here’s a list we found of popular expat Twitter feeds:
twitter.com/hazmattmum (B&B in France)
twitter.com/DreamingSpain (Andalucia, Spain)
twitter.com/expatexpert [...]
How to Open an Offshore Bank Account in Uruguay
Wealthy Latin Americans have been banking in Uruguay for decades, but it is less well known as an offshore banking centre in the rest of the world. That could be good news for your privacy, says offshore banking commentator Peter Macfarlane.
Uruguay has acquired a nickname, “the Switzerland of South America” due to its discreet Swiss [...]
Five Financial Shockwaves to Expect When the Yuan Replaces the Dollar
China’s banking system has twenty-five times the reserves of the US Federal Reserve. The USA’s power to dictate international monetary policy is lost as the rest of the world views the US dollar as a liability. People ask me every day about the “dollar collapse” – why do I keep predicting it, and why has [...]
CPA and Attorney Indicted in Offshore Tax Scheme
A federal grand jury has indicted an Arizona accountant and an attorney for participating in an offshore tax shelter scheme.
Allen P. Goodmansen, a CPA who operated an accounting practice in Mesa, was indicted last Wednesday along with Steven W. Allen, an attorney who practices in Mesa, for conspiracy to defraud the IRS and for aiding [...]
Nomad Blog Roundup
The always excellent Nomadic Matt has compiled his latest list of travel and location-relative lifestyle blogs worth reading. As usual his recommendations are interesting and offer very thought-provoking and useful insights into living offshore and largely disconnected from the grind.
Nomadic Matt: Carival of Blogs #22
Tax-Cheat Showdown: Fess Up or Stay Quiet?
Ed. adds: love the use of the phrase “tax cheat” here; the presumption being that anyone who doesn’t pay his fair share is a bad, fitlthy little cheater, and all the rest of the info to be gleaned after the first two words of the headline is merely details.
The Internal Revenue Service is staging a [...]
UK Gaming Firms to Re-Relocate Back to Offshore Jurisdictions
Eight years after their industry homecoming, the British online gambling industry appears to be moving back offshore. This week major bookmakers William Hill and Ladbrokes both announced that they are moving operations out of the UK for tax reasons, both to Gibraltar.
Coverage of William Hill at the Times online
coverage of Ladbrokes at [...]
Austrian Bank Secrecy Lives to Fight Another Day
Despite external pressure from the EU and OECD, the Austrian parliament has failed to pass a resolution relaxing the country’s strict banking secrecy laws, which would bring them into line with OECD standards.
Austrian law provides only for the disclousre of bank data on the accounts of non-residents. EU and OECD contentions that a loophole exists [...]