Forum Replies Created
Looks like everyone with frozen shares is now dumping them en masse. The question is – what is it really worth? I don’t guess we’ll get much guidance from Chris any more on this, although he really owes it to us.
I have subscribed to a number of Stansberry newsletters for many years. What exactly do you want to know?
I’ve purchased gold bullion and have it stored there. I can recommend them too.
We could probably create an internship position on our business. What is needed and expected of an employer? What do you do to “create” an internship?
I’d certainly consider buying more. Cheap option. Where are they available?
Gold bars are relatively easy to counterfeit. Gold coins less so, especially small denominations where the value (and profit in counterfeiting) is less. Many gold coins are relatively universally recognized and accepted. Gold bars are foreign to most people in the Americas and Europe.
35% is a huge tax hit. You can do much better than that in many jurisdictions. Panama and Nevis come to mind, but I’m sure there are many more.
A number of jurisdictions have new, more modern trust law that does not put a time limit on trusts. I’m not an expert on these things and don’t know all the details, but check out Cook Islands, Marshall Islands and Singapore, for instance.
This is all very arcane and specialized knowledge. I think you might be better off hiring an expert international tax lawyer and getting an informed opinion up front. Could save you a lot of time and money in the long run.
No more hills? What about the rest of the universe?
No more jobs? All it takes to create jobs is freedom and imagination.
Malthus thought it was all about the math too.
I see that Chris recommended TEF back in October 2011 in an article in Intl Living. I wonder if he’s changed his mind now that the price has halved and the yield has doubled. At the time he noted that 60% of its business was outside Spain and more than half its revenues came from emerging markets.
With this in mind would anyone care to hazard a guess as to what would happen to TEF if Spain exits the EU (i.e. Spanish Euros get turned into “new pesos” at a devalued rate)?
Oops, I meant Simon’s place in CHILE.
Argentina. LEC is well-developed and quite a comfortable place. Simon’s farm in Argentina is still pretty much an unknown. In fact we are pretty well along in our house design for LEC.
It’s getting really tough for US citizens to get any kind of account outside the USA. If you’re looking to diversify your IRA your best bet is to set up an offshore company; have it start a bank account; and then have the IRA buy the company. Of course you have to have a self-directed IRA to do this, and those are getting harder to set up also.
Passport IRA (www.passportira.com) is one outfit that does this kind of thing for people.
Just went down to Chile to check out Simon Black’s proposed “resilient community” there. It’s also pricey and much smaller than Cafayate. However, it’s a very nice area (Talca is the closest city) and there is lots of good quality farmland available in the district. A number of gringos are just buying their own farms near the SB Rescom/Talca and doing their own thing.
I use Interactive Brokers and they have a web page with a table of all the reciprocal tax treaties between countries, if that’s what you mean. For instance, my NZ corp gets 15% withheld on dividends from US stocks it owns according to this table. I think that’s about as low as you can reasonably get.