Ronald Edwards

Panama Nursing Homes

Introduction - This is a description of how you can keep your loved ones and later on in life yourself out of nursing homes so that the full quality of life can be enjoyed. Nursing homes are no fun and have a habit of shortening the lifespan of the reside... Read >

About Panama

The Republic of Panama, or Panama as it is more popularly known, is a country that geographically belongs to Central America, sandwiched between Costa Rica and Colombia. Surrounding it are the Pacific Ocean, the Gulf of Panama and the Caribbean Sea. Throu... Read >

Forex Trading Business in Panama

Forex Trading Business in PanamaWe Accept: Before we start let me say that if you are a consumer playing the Forex this article is not for you but rest assured the Panama Stock Brokerage companies we refer clients to will be able to meet all your For... Read >

Second Passport Country Guide for Expats

Introduction - This is a guide for spats or expatriates or those seeking to obtain a second or a third passport. Some of you will also be looking to live in another country that is a tax haven and some won't. Often the second passport process is a step be... Read >

Second Passports - How, Where and Why

Due to the Instant Passport Program that Panama offers we get frequent inquiries about second passports. There are a lot of good reasons to obtain one and not really much of a downside if you pick the right country. Lack of Dependence on One Country - ... Read >

Offshore Company Uses

Introduction - What we are going to do here is explain to you some of the ways others have used Offshore Corporations. For purposes of this article when we refer to an offshore company or an offshore corporation we mean a bearer share corporation. It is t... Read >

Thinking of using Uruguay as an offshore jurisdiction?

Not good. While Uruguay has bearer share corporations allowing for anonymous ownership they require taxes to be paid through the filing of an audited tax return which goes into a public registry for all the world to see. Authority - Uruguay Corporation... Read >

Thinking of using Switzerland as an offshore jurisdiction?

The following comes from the Swiss embassy page and speaks for itself showing clearly that Swiss banking secrecy is not what it used to be. Bank Secrecy Facts Banking secrecy does not protect criminal or illegal activity Swiss banking secrecy is ... Read >

Thinking of using Singapore as an offshore jurisdiction?

This is another heavily used jurisdiction suffering from eroded privacy. The first problem we run into with Singapore is taxation. Offshore derived profits are thought to be non-taxable in Singapore BUT: In accordance with Goods and Sales Tax (GST)... Read >

Thinking of using St. Vincent and Grenadines as an offshore jurisdiction?

This is another example of a good jurisdiction gone bad. Until 2002, SVG called for strict privacy under the Confidential Relationship Preservation (International Finance) Act, 1996, but this was repealed and replaced by the Exchange of Information Act in... Read >

Thinking of using Nevis as an offshore jurisdiction?

Actually Nevis is better than most jurisdictions but still falls short when compared to Panama. Nevis has double-taxation agreements with Denmark, New Zealand, Norway, Sweden, Switzerland, and the United Kingdom. This is always a warning sign of a poss... Read >

Thinking of using Luxembourg as an offshore jurisdiction?

Luxembourg being an EU country has had to make some concessions over recent years regarding bank secrecy. They of course have had to implement the know your customer rules as every bank has had to do. Luxembourg has a 30% corporate tax rate. Most of yo... Read >

Thinking of using Isle Of Man as an offshore jurisdiction?

The Isle of Man is another one of those jurisdictions that on the surface sounds good but isn't so good at all in practice. The Isle of Man Banking Act recognizes the contractual duty of a banker to keep the affairs of his customer confidential and the cu... Read >

Thinking of using Hong Kong as an offshore jurisdiction?

This is a jurisdiction that may have a few small features regarding taxation but when it comes to privacy it is most deficient. One disadvantage of Hong Kong companies is that annual financial statements must be prepared, audited and presented to the G... Read >

Thinking of using Dubai as an offshore jurisdiction?

This is an interesting jurisdiction. In Dubai there are no taxes of any sort one has to contend with, so there is no tax filing and no tax audits, etc. Most offshore jurisdictions have no taxes pertaining to offshore derived income but do tax onshore deri... Read >