By Mark Nestmann • August 5, 2014
As the world’s premier private banking center, Switzerland holds an estimated one-fourth of the world’s private wealth. And much of the money is there because of Switzerland’s famous secrecy laws.
By Mark Nestmann • July 29, 2014
This week, I’m writing to you from the departure lounge of the Vienna International Airport. I lived in Austria from 2003-2005. I returned not only to renew old friendships, but to see firsthand the latest developments in this small country, which only a century ago dominated much of Europe.
By Mark Nestmann • July 22, 2014
I’m in Panama City, Panama, conducting some boots-on-the-ground research and due diligence on this remarkable country’s legal and financial infrastructure.
By Mark Nestmann • July 15, 2014
Two weeks ago – July 1, to be exact – an obscure law called the “Foreign Account Tax Compliance Act,” or FATCA, came into effect.
By Mark Nestmann • July 8, 2014
For the third time in as many years, legislation has been introduced in Congress that would revoke the passports of US citizens with “seriously delinquent tax debts.”
By Mark Nestmann • July 1, 2014
Around 10 years ago, the US declared war on a select group of Americans – the nearly 8 million US persons (citizens and green card holders) living abroad.
By Mark Nestmann • June 24, 2014
Last July, I spent four days in Las Vegas at FreedomFest. This annual event is huge, with as many as seven presentations occurring at the same time.
By Mark Nestmann • June 17, 2014
If you think June 30, 2014, is just another lazy, hazy summer day, think again. If you’re a US citizen or permanent resident, this may be a date to remember.
By Mark Nestmann • June 10, 2014
Carl Zwerner, an 87-year-old resident of Florida, is the latest poster child for the IRS vendetta against offshore investments.
By Mark Nestmann • June 3, 2014
Just the other week, I witnessed economic imperialism at work. It came courtesy of a secretive US Treasury bureau called the Financial Crimes Enforcement Network (FinCEN).
By Mark Nestmann • May 27, 2014
One of the best parts of my job is doing boots-on-the-ground research, coming up with exciting new ways to help my clients protect their wealth...
By Mark Nestmann • May 20, 2014
If you’re a US citizen and believe you have an unfettered right to leave your country – and come back – think again.
By Mark Nestmann • May 13, 2014
Ever since President Obama signed the ill-conceived “Foreign Account Tax Compliance Act” (FATCA) into law in 2010, I’ve been warning about the death of the dollar.
By Mark Nestmann • May 6, 2014
The “War on Drugs” is a great example of America’s slow descent into a police state. Only 120 years ago, you could actually buy cocaine – and syringes – out of a Sears catalog.
By Mark Nestmann • May 1, 2014
One of the advantages of being around as many years as I have is a long memory. And, during my entire 30-year career, Congress has been trying to figure out the best way to help the struggling economies of the US territories: Guam, Puerto Rico, the US Virgin Islands, and the Northern Mariana Islands.
By Mark Nestmann • April 29, 2014
Asset protection used to be easy. If you got in trouble, you’d just move to Florida, buy some property there, and then declare bankruptcy.
By Mark Nestmann • April 24, 2014
You might not fit the profile of Osama bin Laden. But if your government suspects you of terrorism or treason, it can confiscate your passport and, in some cases, even strip you of your citizenship. Then it can arrange for a cooperative government to assassinate you.
By Mark Nestmann • April 22, 2014
In 1965, when I was nine years old, President Lyndon B. Johnson signed a new entitlement called “Medicare” into law.
By Mark Nestmann • April 15, 2014
I have a globe from the 1960s. It includes countries with names like British Honduras, the Union of Soviet Socialist Republics, and Rhodesia.
By Mark Nestmann • April 8, 2014
The IRS believes that most Americans living overseas violate US tax and reporting rules.
By Mark Nestmann • April 1, 2014
The year is 1633, and a respected old man finds himself on trial for his life. His crime? Writing a book, the product of more than 20 years of research and study.
By Mark Nestmann • March 27, 2014
Mark shares with you a recent conversation he had with Chris Kalin of Henley & Partners, the global leader in citizenship and residence planning. Read below to find out about Chris and his firm, as well as an opportunity for you to learn firsthand about a unique citizenship opportunity.
By Mark Nestmann • March 25, 2014
Did you know you can charge an iPhone with just an onion and a glass of Gatorade? “Really?” you say. No, that’s a fib, although...
By Mark Nestmann • March 20, 2014
For hundreds of years, Spain has been a predominately Roman Catholic country, but that wasn’t always the case. Surprisingly, the country was once...
By Mark Nestmann • March 18, 2014
Imagine for a moment that you and your wife operate a successful business refurbishing and selling used medical equipment. One day, you receive a letter from a federal prosecutor informing you that the business is the target of a criminal investigation. The prosecutor demands...
By Mark Nestmann • March 11, 2014
It’s no secret that governments around the world are hard up for revenue. And to get it, they’ll do just about anything.
By Mark Nestmann • March 4, 2014
Do you remember when policemen were called “peace officers”? I do. In the small West Virginia town where I grew up, police work consisted mainly of community-oriented engagement, not unlike what you might see on The Andy Griffith Show.
By Mark Nestmann • February 25, 2014
Have you ever wondered what really goes on behind the scenes at Transportation Security Administration airport checkpoints? Wonder no more. Recently, a former TSA screener wrote a tell-all article for Politico Magazine describing how America’s airport security apparatus actually works.
By Mark Nestmann • February 18, 2014
A recurring theme in my work is that Big Brother and big business conspire against the interests of ordinary citizens in countless ways. And just last week, I discovered another example. An article in a respected scientific journal confirmed...
By Mark Nestmann • February 11, 2014
Imagine yourself at a neighborhood pool party. Everything’s going smoothly. Marge next door made a heavenly potato salad, and Pete across the street is doing a great impression of the late Rodney Dangerfield in Caddyshack.
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