Although there are thousands of potential goals and strategies for your financial portfolio, it can all be boiled down to two major priorities: making money and keeping money. There are a variety of investments and opportunities available for those who want to see their wealth increase, and that is in addition to traditional income sources like paid salaries and wages.
Georgetown Trust
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In an effort to make banking more secure in Belize and to increase the retention of banks in the country, the Offshore Banking Act of 1996 was passed.
Topics: Banking Services
Managing an offshore trust is a big deal, and it is important that you know who will be doing the managing well before you ever establish the trust. Once your offshore trust is created using a trust deed, you will no longer have direct control over the assets contained within.
Topics: International Trusts
Setting up an offshore trust can be a smart move for a variety of different reasons. Some individuals choose to establish a trust so that they can better protect their assets for unknown circumstances in the future.
Topics: International Trusts
One of the most basic rules in the world of investing is to spread your risk and diversify your assets. Also known as not putting all of your eggs into one basket, this is a key if you want to minimize your risk and reduce your overall financial vulnerability.
Topics: Banking Services
If you are like millions of Americans, your IRA, or individual retirement account, is your primary safety net that you're relying on for financial security in retirement.
Topics: Self-directed IRA
A trust is an arrangement whereby assets are protected by a trustee who manages them on behalf of others. Trusts are beneficial for a number of reasons, but many people choose offshore trusts in particular so that they can legally reduce their level of taxation and ensure that certain dependents or loved ones receive financial security in the future.
Topics: International Trusts
In Belize, you can start two different kinds of businesses: onshore corporations and offshore corporations. Offshore corporations are those that use Belize as a virtual headquarters and a place to secure assets but collect money for services rendered from people outside of the country.
Topics: Belize Local Companies
In 1995, a piece of legislation called the Panama Private Interest Foundation became a part of Panama's financial laws. It was devised as a way to protect assets offshore, and it can be used both for philanthropic purposes and estate planning in much the same way that a trust can be used.
Topics: Foundations
The benefits of having an SDIRA/LLC are clear. First, investors who move their IRAs offshore to self-direct them have greater freedom over the potential of their assets.
Topics: Self-directed IRA