A QROPS Pension Transfer is a transfer of a UK Pension, or a frozen UK pension into another HMRC approved pension scheme, in a jurisdiction outside of the UK. QROPS means Qualifying Overseas Recognised Pension Scheme, and is a fantastic option if you have left the UK or are planning to leave the UK within 12 months.If you have the option and qualify for a QROPS Pension Transfer, it is something that you should definitely consider as the...more
Executive Summary The USA is stepping up its ability to bring asset forfeiture cases successfully against people they call criminals. Bear in mind they have more people in jail per capita than any other country and most of these offenses are lacking victims (victimless crimes where the government statue that was broken is the victim). They are now going to spend more energy on grabbing assets targeting criminal proceeds and assets.The...more
Introduction We are going to discuss the movement of funds from your own country or another country to an offshore bank presumably in an offshore tax haven. We are not going to discuss any illegal scenarios.Why do People Move Money and Assets Offshore Many of you will first think taxes? Well you are wrong. How many dictatorships are there in the world right now? Quite a few. There are ruled by kings who are in office for life. They can confiscate funds at will from anyone in the kingdom. How many military coup governments are running countries? Quite a few and they too can grab money from anyone in their jurisdiction at will. How many countries practice religious persecution? Many with even death penalty for infractions. Confiscation of wealth is a popular penalty involving religious persecution. How many countries practice political persecution? Many. How many countries have criminal gangs and organizations that are almost as powerful or as powerful as the government in power? Quite a few and they often get into the bank records in their country to see who to rob, kidnap, extort or otherwise victimize.Then we can get into countries with out of control civil litigation...more
Assets Not So Safe in Panama There is a way to get a court order in Panama from a Panama Court to garnish, lien or levy a Panama Bank account. If you do not know where the persons bank is you can have the court send a Fax to all the banks in Panama asking them to seize, lien, levy any bank account associated with the name of the person as a...more
Starting a Food BusinessThis guide is for prospective operators of food enterprises (food establishments, retail food stores, food warehouses, and food processors) desiring to open a food business in either their local city, county or state jurisdiction. This is a general overview and may not be all inclusive of the codes and ordinances in your...more
Top 10 Reasons Why It's Easier To Buy A $5,000,000 Apartment Building Than A Single Family Investment Property.The day my life changed forever. It started with a phone from my good friend and banker of 15 plus years Joe, I cant believe that Im going to say this, but your mortgage application has been denied. (I had done hundreds of residential deals, had an 800 credit score and 25 on their projects.Here is why I, and you probably should too, move from residential to large multi family projects (commercial)1. Funds are available for large multi family properties, but not for residential investment homes.President Obama said during his Economic Recovery Act Speech, "there is no money available for you speculators" and he meant it. Try to get a loan for a residential (1-4 family) non-owner occupied property and see the results for yourself. The days of stated income loans for residential investors are over. If you have been in the residential investment game for a while, you already know it, if you are just starting out; you will experience this problem on your first residential investment deal. Its cash, hard money at 12 LTV or youre done.The good news is that government...more
When you make contact with a new prospecteither by telephone or in a face-to-face meetingyou have an extremely short window of time to connect with them. If you fail to achieve this they will quickly tune you out. Here are several things you can...more
Options are always a nice thing to have, regardless of your situation. In real estate, the option contract can be used for a number of different scenarios, I am going to use this space to focus on just one: let's call them the "tweener sellers."I...more
Author: Hector MillaIf you are one of the millions of people wanting to do a debt consolidation, then finding the best company should be the first thing on your list. Consolidation companies are going to offering many different kinds of services to...more
By researching the start-up business tips described in this article, you will have the know-how to be able to successfully create a new business, thereby making the most effective use of your money and resources. Deciding on the type of business (or...more
As you make changes in your life and grow, you will want to increase your circle of friends. A great way to do that is to take a friend, business associate, or mentor to lunch. You may be invited to a party, Chamber of Commerce or Rotary meeting or...more
Almost everyone I know has debt in their life. Many dream of the day they can kiss that debt goodbye, but dont know how they are ever going to achieve it.My tip to these people is - become debt free by simply livingSimply living is all about living...more