Swiss bank Credit Suisse has begun closing down offshore accounts of U.S. citizens who haven’t declared their funds to the U.S. authorities.

Filed under: Banking Secrets, Investing Offshore by editor Date 12 April, 2009

In a recent interview with the UK’s Daily Telegraph, Dr Joel Brenner, the US National Counterintelligence Executive, warned that hundreds of chip and pin machines in stores and supermarkets across Europe have been tampered with to allow details of shoppers’ credit card accounts to be relayed to overseas fraudsters.
Criminal gangs have allegedly doctored chip and […]

Filed under: Banking Secrets by editor Date 11 October, 2008

Here’s a good analysis of the current American attack on Swiss banking secrecy, highlighting why we all need to be thinking about second passports and citizenships. We particularly recommend the Global Nomads Caribbean Offshore Contacts Report for this!
The US Department of Justice recently filed papers in a US Court seeking to allow the IRS to […]

Filed under: Banking Secrets, Investing Offshore by editor Date 14 July, 2008

Ever thought about e-commerce or a business where you would like to be paid by credit cards, but been put off by the complications involved? Lots of companies on the web now offer “offshore merchant accounts” but you will find they are limited to e-commerce sites where customers purchase directly online (the Global Nomads site […]

Filed under: Banking Secrets, Offshore Tricks by editor Date 13 May, 2008

Like so many things in life, the world of offshore banking is in a constant flux. Hence, you are well advised to keep up with what’s going on - and take care to review news and experts’ opinions that aren’t feeding the mainstream media alone all the time! Here, too, thinking outside the box is […]

Filed under: Banking Secrets, Finance+Economy, Investing Offshore, Offshore Tricks by editor Date 6 May, 2008

A worrying but informative article by Carrick Mollenkamp (Wall Street Journal, April 16th) about how “one of the most important barometers of the world’s financial health could be sending false signals.”
LIBOR, the London Interbank Offered Rate, is becoming unreliable because, so the article speculates, banks are sending in false reports. In other words, banks are […]

Filed under: Banking Secrets, Finance+Economy, Investing Offshore, Offshore Tricks, Special Resources by editor Date 18 April, 2008

What a topsy-turvy world we are living in?!?! The US Dollar is hovering at or slightly below parity to the Swiss franc, gold’s breached the $1,000 per ounce mark, stock markets are crashing, and inflation is accelerating everywhere. Some central banks - the more responsible ones - have increased rates, while Ben Bernanke keeps cutting.
This […]

Filed under: Banking Secrets, Finance+Economy, Offshore Tricks by editor Date 27 March, 2008

Many of our readers are making a killing in the gold markets at the moment. We were asked for a list of reputable gold dealers OUTSIDE USA jurisdiction. Well, here it is!

Gold & Silver Investments Ltd.

63 Fitzwilliam Square

Dublin 2, Ireland

…and

Tower 42, Level 7

25 Old Broad St.

London, EC2N 1HN

United Kingdom

Local Call Ireland: 1-850-GOLD-IE

UK phone: +44 (0) […]

Filed under: Banking Secrets, Finance+Economy, Offshore Tricks, Social Status by editor Date 13 March, 2008

Your Globalnomads editorial team have been reading with much interest the scandalous news from the Principality of Liechtenstein.
The German government have admitted paying “up to five million euros” for information stolen in 2002 from LGT Treuhand in Liechtenstein. LGT Treuhand is associated with LGT Bank, the chairman of which is Prince Philipp of Liechtenstein. LGT […]

Filed under: Banking Secrets, Finance+Economy, Investing Offshore, Nomads' Grapevine, Offshore Tricks by editor Date 25 February, 2008

“High taxes don’t redistribute wealth, they redistribute taxpayers.”
That’s what one of our friends said in reaction to the latest controversy surrounding the British government’s plan to introduce a new tax for resident but non-domiciled foreigners, a.k.a. tax exiles who use the UK as their business base almost tax free. (The UK is a great offshore […]

Filed under: Banking Secrets, Finance+Economy, Investing Offshore, Offshore Tricks by editor Date 11 February, 2008