http://www.articlealley.com en-us editorial@articlealley.com 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 resi... http://www.articlealley.com/article_120322_18.html 15th January 2007 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... http://www.articlealley.com/article_120321_18.html 15th January 2007 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... http://www.articlealley.com/article_120311_18.html 15th January 2007 Introduction – This is a guide to many but not all of the possible offshore retirement havens and tax havens. This work is designed to help you eliminate some retirement havens easily and then you can do more research on the retirement havens that meet ... http://www.articlealley.com/article_120306_18.html 15th January 2007 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 ste... http://www.articlealley.com/article_120305_18.html 15th January 2007 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 β€... http://www.articlealley.com/article_120301_18.html 15th January 2007 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... http://www.articlealley.com/article_120298_18.html 15th January 2007 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 Corporati... http://www.articlealley.com/article_107951_15.html 23rd November 2006 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 ... http://www.articlealley.com/article_107950_15.html 23rd November 2006 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)... http://www.articlealley.com/article_107949_15.html 23rd November 2006 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... http://www.articlealley.com/article_107947_15.html 23rd November 2006 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... http://www.articlealley.com/article_107945_15.html 23rd November 2006 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... http://www.articlealley.com/article_107944_15.html 23rd November 2006 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... http://www.articlealley.com/article_107814_15.html 22nd November 2006 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... http://www.articlealley.com/article_107813_15.html 22nd November 2006 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... http://www.articlealley.com/article_107812_15.html 22nd November 2006 The Cayman Islands is another misleading jurisdiction. What the law says and what happens do not appear to line up in this jurisdiction. Under the Cayman Islands Banks and Trust Companies Law 1995 and in the Confidential Relationships (Preservation) Law o... http://www.articlealley.com/article_107811_15.html 22nd November 2006 The British Virgin Islands, like other British so called 'dependent territories', was forced to apply the EU's Savings Tax Directive starting on 1st July, 2005, and chose to apply a withholding tax (initially of 15%) to the returns on savings paid to resi... http://www.articlealley.com/article_107810_15.html 22nd November 2006 Bermuda used to be a good privacy jurisdiction in years past. Today Bermuda has been chasing the tourism industry. Every day numerous cruise ships tie up in Bermuda. They have beach front hotels, gambling casinos, diving, fishing etc. The tourism industry... http://www.articlealley.com/article_107613_15.html 21st November 2006 Let us look at some of the laws this disappointing but often used jurisdiction has. But before we get into this more deeply let us point out that the capital, Belize City has one paved street 3 or 4 blocks long. You are in the third world here with numero... http://www.articlealley.com/article_107612_15.html 21st November 2006 This jurisdiction has a number of taxes that need to be overcome that right off the top make this a less than favorable jurisdiction. Why go offshore if taxation in the offshore jurisdiction is going to be a problem. Barbados has a number of Tax Treati... http://www.articlealley.com/article_107611_15.html 21st November 2006 Bahamian banking secrecy is somewhat misleading in that that banking institutions are prohibited from divulging a clients or account holders information to a third party without the clear consent of the account holder (think Americans may have to sign wai... http://www.articlealley.com/article_107610_15.html 21st November 2006 Anguilla is another jurisdiction with misleading bank secrecy. Commercial confidentiality is contained in the statues, BUT the government of Anguilla will co-operate fully with law enforcement agencies and regulators in other jurisdictions, think wholesal... http://www.articlealley.com/article_107603_15.html 21st November 2006 MLAT (Mutual Legal Assistance Treaty) The UK has such treaties with Bolivia, Hong Kong, Panama (narcotics trafficking only with Panama, no fiscal crimes and Panama has no tax treaties with anyone), USA (extensive) and Uruguay. Below is the link to t... http://www.articlealley.com/article_107402_15.html 20th November 2006 Today many people around the world are worried about their bank accounts. Every time they check their balance they worry about what is going to be in there. It is possible to freeze a personal or business bank account pre-trial and have the assets held wi... http://www.articlealley.com/article_107399_15.html 20th November 2006 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 the bearer share... http://www.articlealley.com/article_107397_15.html 20th November 2006 Today we read about a large number of people from a variety of different countries going offshore. By going offshore we mean opening offshore bank accounts, forming offshore companies and offshore foundations in tax haven countries. Some are even opening ... http://www.articlealley.com/article_107395_15.html 20th November 2006 10 Biggest Offshore Banking Myths Explained Introduction – Today offshore banking is a hot topic of much interest to many living in countries where litigation and confiscation of assets from various sources is a problem. This has caused a large amoun... http://www.articlealley.com/article_107394_15.html 20th November 2006 This dictionary should be helpful in understanding the meanings of words used in the world of Offshore Banking and Offshore Incorporation. Anonymous Bearer Share Corporation – In this corporate structure the ownership of the corporation is not record... http://www.articlealley.com/article_107391_15.html 20th November 2006 The Hague Convention of 5 October 1961 Abolishing the Requirement of Legalisation for Foreign Public Documents (Hague Apostille Convention) facilitates the circulation of public documents executed in one State party to the Convention and to be produced in... http://www.articlealley.com/article_107389_15.html 20th November 2006 This is an international organization that promotes polices and procedures for financial institutions worldwide to follow in an effort to combat Money Laundering and Terrorism. FATF focused a lot of its energy on offshore banking, offshore corporations... http://www.articlealley.com/article_107387_15.html 20th November 2006 Today on the internet we see numerous entities selling Swedish Credit Unions. The presentation is obtain what is basically a bank inexpensively and operate it offshore using a Panama Financial Services Company which does not let you operate as a bank. Wil... http://www.articlealley.com/article_107385_15.html 20th November 2006 We get a number of phone calls and emails from people who are stating they are going to come into a large amount of money and wish the money to be sent offshore and thus wish to set up offshore structures and bank accounts. When you deal with offshore ass... http://www.articlealley.com/article_107383_15.html 20th November 2006 We do not do such seminars and suggest you do not attend any such seminars if the subject matter has anything to do with offshore asset protection, offshore trusts, offshore banking, offshore foundations, or anything offshore financial related. In Pana... http://www.articlealley.com/article_107381_15.html 20th November 2006 Many of our clients conduct banking activities as well as stock brokerage activities online. In addition they participate in online auctions, make purchases online, and access private files such as their secure e-mail. It is while conducting these online ... http://www.articlealley.com/article_107378_45.html 20th November 2006 As part of your asset protection strategy you may wish to utilize an offshore merchant account to process credit card sales for your business. Fees are going to vary depending on volume and what you are selling. For a merchant account in an offshore (frie... http://www.articlealley.com/article_107376_15.html 20th November 2006 Panama is now rated as the #1 Retirement Haven in the world. The cost of living is extremely low, the crime rate is also extremely low, the climate is warm all year round, health care is excellent Panama even has a new John Hopkins Hospital, the food is s... http://www.articlealley.com/article_107037_18.html 18th November 2006 Bank Account - One of the first places to start with asset protection is with an offshore bank account in a favorable jurisdiction. A favorable jurisdiction is one in which bank secrecy laws are in place without a lot of loopholes found in many formerly g... http://www.articlealley.com/article_97263_15.html 07th November 2006 Today many unscrupulous firms are offering corporations and bank accounts in many different jurisdictions with a shopping list of countries available almost every one of them no longer any good, many being located on Caribbean islands and are misleading t... http://www.articlealley.com/article_97178_17.html 07th November 2006 Today Panama has become the Switzerland of Latin America. There are 150 banks in Panama many of which have their name on a 40 story modern skyscraper. Panama is often touted as having the best banking secrecy laws in the world. This author believes this t... http://www.articlealley.com/article_97159_17.html 07th November 2006 Panama has a number of unique attributes that make this a great asset protection jurisdiction for corporations, foundations, banking and stock brokerage accounts. Some call Panama the Switzerland of Latin America but this is not fair, Panama is far better... http://www.articlealley.com/article_97153_15.html 07th November 2006 We are a law firm which means you have attorney client privilege – We specialize in Offshore Asset Protection. All of your affairs handled with us are covered by attorney client privilege which means that we could not reveal anything about you or your a... http://www.articlealley.com/article_97136_15.html 07th November 2006 First it needs to be stated that no one has a crystal ball which predicts the future. These thoughts are just opinions and should be taken as such not as legal or tax advice. We will try to show the political positions of the countries that are not in fav... http://www.articlealley.com/article_95160_18.html 18th October 2006