Georgetown Trust Blog

Why Go Offshore – What You Need to Consider

Posted by David J Drummond on May 16, 2019 2:19:21 PM

Going offshore is a hot issue of late, but it means different things to different people. Going offshore might be desirable for those who want to retire in a new destination, but it might also refer to banking or corporate preferences.

If you're planning to go international for any reason, stay tuned to find out what that means, what you should know, and the best countries for offshore opportunity.

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Topics: Going Offshore

This is How to Hold Gold and Silver Offshore

Posted by David J Drummond on Apr 24, 2019 11:55:47 AM

Many are familiar with the history of past governmental confiscation of gold, silver, heirlooms, and jewelry. These types of occurrences spurred holders of such valuables to move them to multiple international locations.

While holding precious metals like gold and silver offshore is not a new concept, it is gaining in popularity. Offshore storage of precious metals such as gold and silver is beneficial for many reasons, one of the biggest being risk mitigation.

Here we’ll take a deeper dive into how, why, and where to store gold and silver both on and offshore.

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Topics: Self-directed IRA, Gold and Silver

What is a Self-Directed IRA (SDIRA)?

Posted by David J Drummond on Apr 10, 2019 3:11:38 PM

An IRA, or an individual retirement account, is a common investment vehicle in the United States and around the world. It works by allowing individuals to save up for retirement while enjoying tax-free growth or tax deferment.

However, a traditional IRA doesn't allow you to explore the full range of investment opportunities. With a Self-Directed IRA, you'll have far greater choices available to you.

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Topics: Self-directed IRA, offshore IRAs

Why Belize Ranks in the Top for Offshore Banking

Posted by Luigi Wewege on Mar 7, 2019 12:39:01 PM

When you bring up the idea of offshore banking, it's not unusual to get a dozen different opinions about where the best tax haven is or where banks are most eager to get foreign investors. Look beyond all the noise and you'll find that Belize is consistently chosen by savvy investors for offshore banking.

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Topics: Banking Services

Choosing the Right International Corporate Structure For You

Posted by David J Drummond on Feb 28, 2019 4:05:28 PM

As we discussed in our previous article on setting up international corporate structures, there are a number of benefits that you can receive by establishing a corporate structure on an international level.  

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Topics: International Corporate Structures

Setting Up International Corporate Structures - The Inside Scoop

Posted by David J Drummond on Feb 15, 2019 5:32:54 PM

Setting up an international corporate structure offers a number of advantages, but it can also be overwhelming to some individuals. The good news is that establishing a corporate structure on an international level doesn't have to be as complicated as you might expect. 

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Topics: International Corporate Structures

Crypto - Fiat Banking.....getting better or worse?

Posted by David J Drummond on Jan 23, 2019 10:57:00 AM

Well the "Crypto Craze" has rescinded for the moment, but one would expect to see it rise again as ideas turn into products, concepts turn into services, ICO valuations represent realistic demand and the cryptos settle and sort themselves out.

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Topics: crypto currency, bitcoin cash, cryto banking, crypto, bitcoin, ethereum, ripple, crytpo bank

Wild Stock Market Rides Getting Old?

Posted by David J Drummond on Feb 8, 2018 4:54:16 PM

StockMarketRide.jpg

For the average investor the picture above can be a common occurrence in one's investment track record. In fact, in the investment world this is taught as a rule; the common investor will buy high and sell low. Why? Because they don't spend enough time researching their investment purchases. Instead they tend to follow the market news jumping in when it goes up, however, when the market falters, they are the first to panic and sell.

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Topics: Asset Protection, Alternative Investment

The Best Way To Invest in Crypto Currencies

Posted by David J Drummond on Jan 19, 2018 12:23:51 PM

 

The best way to invest in crypto currencies is to do it in a qualified retirement plan (IRA, ROTH IRA,401K, etc.) to defer taxes, minimize accounting, and maximize control using a Self-Directed IRA with an international Limited Liability Company (LLC).

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Topics: Asset Protection, Self-directed IRA, offshore IRAs

Asset Protection Structures - A Quick Overview

Posted by David J Drummond on Aug 12, 2017 1:55:59 PM

I spend a majority of my day conversing with individuals from around the world looking to protect themselves, their families and their assets. And, as you can imagine, each and every invidividual's personal situation is different. There is not one simple "pill" that can be utilized by everyone.

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Topics: Asset Protection, International Trusts, International Business Companies, Foundations