By Mark Nestmann • October 28, 2014
Over the last few weeks, I’ve had close to 30 consultations with Nestmann Group clients. And one of their top concerns is that Barack Obama or some future US president will find a way to confiscate the money in their IRAs or 401(k) plans.
By Mark Nestmann • October 21, 2014
Unlike many other advisory services, we take a historical perspective when it comes to supposedly fresh and new ideas. And it’s for that reason that I’ve been skeptical of the tax incentives for individuals that Puerto Rico enacted in 2012 ...
By Mark Nestmann • October 14, 2014
In my nearly 30 years of helping Americans “internationalize” themselves, there are four giant obstacles I have watched my clients overcome before finally taking action: Inertia, fear, complacence, and hopelessness.
By Mark Nestmann • October 7, 2014
In the Nestmann family, weddings can be marathon affairs. The latest Nestmann family wedding occurred two weeks ago in Ontario and celebrated the union of my niece with her longtime boyfriend.
By Mark Nestmann • September 30, 2014
Fast food… greasy cheeseburgers, salty fries, and Diet Cokes in Styrofoam cups so large you could wash your feet in them. What could be more American? Well, maybe not so much anymore.
By Mark Nestmann • September 23, 2014
Recently, The Economist reported that Chase Bank closed the accounts of hundreds of porn stars. Among them was blond bombshell Teagan Presley, star of Just Over 18 #10 and more than 70 other porn videos.
By Mark Nestmann • September 16, 2014
It should come as no surprise that the US routinely uses force to get its way in foreign disputes. After all, we have the world’s most powerful military.
By Mark Nestmann • September 2, 2014
What’s the most hazardous financial activity that you can engage in? It’s not investing in penny stocks. It’s not buying foreign currencies. It’s not even playing futures and options, as risky as they may be.
By Mark Nestmann • August 26, 2014
In my consulting practice, I’m often asked about my own “Plan B” – what I plan to do when the s**t hits the fan (SHTF) in the good ol’ US of A. And of course, why I chose that plan.
By Mark Nestmann • August 19, 2014
In the last 50 years, an amazing transformation has taken place. The result? A country rife with contradictions… and opportunity.
By Mark Nestmann • August 12, 2014
I recently spent a week in Hong Kong, the Special Administrative Region of the People’s Republic of China, just off the Mainland’s southeastern coast.
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.
Disclaimer: Nestmann.com does not provide investment, tax or legal advice, and nothing available at Nestmann.com, any document received from Nestmann.com, or any communications from Mark Nestmann and/or The Nestmann Group should be taken as such. In addition, Mark Nestmann and The Nestmann Group do not represent any foreign government nor are agents of any foreign government. Before undertaking any action, be sure to discuss your options with a qualified advisor.