Global Nomads Campfire Blog

Catering to the Global Nomad - Offshore Finance, Asset Protection, Privacy Tools

Category: Investing Offshore

IRS again attack Switzerland

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 […]

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Offshore Banking - Some News on the Grapevine

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 […]

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Major Banks Falsifying Reports? WSJ Article

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 […]

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Global Nomads comment on German theft of data from Liechtenstein

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 […]

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“High taxes don’t redistribute wealth, they redistribute taxpayers.”

“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 […]

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