Peter Macfarlane
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Multi-Currency Bank Accounts as a Dollar Devaluation Hedge
Welcome back to International Arbitrage!Peter Macfarlane explains the importance of multi-currency accounts in a recent post at Q Wealth:
As I’ve frequently stated, the problem with conventional asset protection is that it frequently focuses on preserving the numbers in your offshore bank account. What I mean by this, is that if you have a million dollars, [...]
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 [...]
Offshore Hedge Funds and HYIPS to be Targeted by IRS
Offshore hedge funds, mutual funds and so-called high yield investment programs could be next on the IRS hitlist. That’s the conclusion of a recent Wall Street Journal article. After the recent events with Swiss banking behemoth UBS, other large offshore banks and financial institutions are ‘low hanging fruit.’ What does this mean for you as [...]