Our first ever Offshore Advantage Seminar featured offshore and investment experts from Denmark, Canada, Florida, Switzerland, Maryland, China, Missouri, Arizona, California, and much more.
Dear A-Letter Reader:
It's done. Our Offshore Advantage Seminar has fallen into memory as I hopped on a flight out of beautiful Puerto Vallarta, Mexico.
So here I am... on a plane... reflecting on the past week's activities.
The weather couldn't have been better. Bright, sunny days and warm breezy nights were the setting for our four day extravaganza.
There was always something going on in Puerto Vallarta....the downtown area, with its street performers, decent shopping, and quality restaurants. Fresh seafood or tasty Mexican cuisine seemed to beckon everyday. Yet only a couple of attendees admitted to playing hooky on a session or two. There was simply too much happening at the Offshore Advantage Seminar to miss it.
Yes, we were in paradise, but we had business to attend to.
And, we had it all - daily giveaways for free consultations, portfolio reviews, and more.... with 3 professors and over 10 experts sharing tons of crucial information. It was an action packed weekend of offshore planning and global investments tips blended with a private reception for Platinum and Trader's Ring members on Friday night, and closing fiesta on Saturday for everyone. It was the best of both worlds.
And, if you weren't with us, don't fret. We got it all on tape. And you can listen in to every single offshore secret we revealed by pre-ordering the Offshore Advantage Audio Series right now. Click here to learn more.
Let me tell you a bit about what information was shared.
A World Class Cast of Characters
We kicked it off by introducing our guest lecturers who came from all over the world to spread their wealth of knowledge in asset havens, tax havens, insurance and annuities, currencies, mutual funds and commodities. Among them were:
- Thomas Fischer, Jyske Bank - Denmark
- Eric Roseman, Investment Director, Sovereign Society - Canada
- Jack Crooks, Currency Director, Sovereign Society - Florida
- Marc Sola, NMG - Switzerland
- Robert Vrijhof, Weber Hartman Vrijhof & Partners Ltd. - Switzerland
- Michael Chatzky, Chatzky & Associates - California
- Larry Grossman, Sovereign International Asset Management LLC - Florida
- Mark Nestmann, The Nestmann Group Ltd. - Arizona
- Jack Flader, The Zetland Financial Group Ltd. - China
- Ramses Owens, Mossack, Fonseca & Co. - Panama
- Howard Fisher, The Law Offices of Howard Fisher, LLP - California
- J. Mark Seaton, President Armor Technologies - Canada
- Frank Trotter, EverBank - Missouri
- Rich Checkan, ASI - Maryland
The gang was all there. There wasn't a topic we couldn't (and wouldn't) cover in the course of the event. And, we all wanted each member to leave Mexico knowing exactly how to make the most of the offshore world. So, how did we do it?
Offshore - One Size Does Not Fit All
Each of us has very different wealth objectives when considering offshore solutions. And at The Offshore Advantage Seminar, we stressed the importance of setting your own financial goals and revising them often as your personal situation develops. Today you may want investment diversification, but in a year from now, estate planning may become your new priority.
During our four days in paradise, we shared the facts about virtually every possible option so that everyone left armed to reach their financial goals. Including:
- How make the best use of offshore havens such as Switzerland, Panama, Liechtenstein, Hong Kong, Austria, The Bahamas, and Denmark, among others.
- Tips on how to ensure privacy with every transaction from wiring money to global investing.
- The availability of multiple structures in multiple sizes - you don't have to have a million dollars to get into the world of offshore banking and investing. You can do it for as little as $5,000 in some cases.
- The difference between an asset haven and a tax haven - and which is best for companies verse personal wealth.
- When it makes sense to use an IBC - and what reporting is required.
At the end of the first day, we relaxed with all members and attendees poolside enjoying hors d'ouvres, margaritas, and coronas at our welcome reception. And, I had the opportunity to chat with many of them. These individuals were there to achieve a variety of goals.
For instance, a woman from New York was there to diversify her portfolio. She was tired of unhelpful, U.S. brokers who had nothing to teach her. Another guest, a developer from the Northeast, wanted to learn how a trust could protect his estate and how he could set it up. And there was a Canadian couple hoping to set up an Internet business...they were considering a Panamanian IBC and even Panamanian residency, if it could lower their tax bill?
I was confident we'd be able to help them!
And we're confident these offshore skills can help you achieve your goals too, but first you need the tools from the Offshore Advantage Seminar. Click here to find out how to get these skills.
The Best Investment Accounts and Top Legal Solutions
On Thursday, I opened the show with an offshore must: the establishment of an offshore account. To me, an offshore bank account is an easy first offshore step because it offers investment diversification, asset protection, and financial privacy.
As Thomas Fischer and Robert Vrijhof told us, offshore accounts can give you:
- Access to the currency market and global markets - diversify outside of the U.S. dollar
- Protection from frivolous lawsuits - secure your wealth in jurisdictions with legendary asset protection
- Privacy from prying eyes - in some countries, your privacy is guaranteed by law
- Some accounts can be funded for as low as 25,000 euro (or about US$32,000)
But, we didn't stop there. Once you have an offshore account, what is the best way to communicate with your account manager? Email, most likely - so you need to ensure that your conversations are privacy. Mark Seaton, of Armor Technology, showed us how to beat hackers and spies using a newly developed software that leaves no trace of your emails or your files.
We moved on to the next lesson - the best legal entities help you keep your money.
Lock Up Your Assets
Mark Nestmann, Ramses Owens, and Michael Chatzky spoke extensively about various legal structures that will allow you to secure your wealth in asset havens from Europe to the Americas and Asia. Such as:
- How a family foundation can be used to shield you from personal liability
- When you need an IBC vs. an LLC - and which one can help you lower your corporate income taxes
- How trusts can keep your wealth in tact for years to come - just like the Vanderbilt heirs. (They are still receiving payments from their great grandfather's trust!)
With those lessons under our belts, our conversation turned to the top-performing global investments...
Global Investments Made E-Z... and There is a Big World Out There!
We got deeper and deeper into all the facets of investing (and making profits) with Eric Roseman, our professor for this lesson.
Eric unraveled the mystery around the popular offshore investments - global equity funds, emerging market equity funds, single country equity funds, and more. And, he gave his views on the slowing U.S. economy and where in the world things are heating up - hint, hint: he's looking towards Asia, including Taiwan and Japan.
Then our guest lectures including, Rich Checkan, Jack Crooks, Thomas Fischer, Larry Grossman, Robert Vrijhof, and Frank Trotter shared their top picks. (Their picks were amazing...I could go on about the currency forecasts alone for hours...it could make you a mint.
You can hear all these amazing investment ideas when you receive your copy of the Offshore Advantage Audio Series. Click here to find out how to reserve your copy.
One Stop Solutions: Tax Strategies and Offshore Venues
On Saturday, Mark Nestmann, Marc Sola, and Larry Grossman unveiled the legal tax-deferral strategies that allow you to invest abroad to protect your assets...and save tax. We shared:
- How to borrow tax-free from your annuity
- Why Switzerland is an annuity haven - how you can use their policies to gain access to offshore funds
- How to take your IRA offshore and better yet, how you use it to pay for the retirement property of your dreams.
- And much, much more.
And, lastly.....we ranked the various offshore havens. It great to know exactly how to use these financial havens...such as establish a trust, use an annuity to let your wealth grow tax-deferred, how to report your offshore profits...but you need to know where to do it as well. We ranked over 14 havens and we didn't spare the details.
- Is Panama best for retirees or offshore companies? (The answer is both!)
- Should you bank in The Bahamas? Or would Denmark be better?
- And, what is the ultimate estate plan - how can an American legally disconnect from the U.S. tax system? (Hint, it's not for the faint of heart!)
- And much, much more.
A Mountain of Knowledge - and it's Available to You
By the end of the day Saturday, I stood before our first graduating class - the 2006 graduating class of the first Offshore Advantage Academy. Even though we didn't have caps and gowns, we did have diplomas...and better yet, we had a graduation party!
There were soft-glowing tikki torches and a little guitar trio playing soft, Mexican favorites. We all chatted and sipped one more margarita together as the sun sank into the Pacific.
And, I was as proud as any dean of any major university could be.
ERIKA NOLAN
Executive Director
The Sovereign Society
EDITOR'S NOTE: You may not receive a diploma - but you can still be a graduate of the 2006 Offshore Advantage Seminar. Order the 2006 Offshore Advantage Seminar Audio Series today and you'll walk away with the offshore skills to diversify your wealth out of the U.S. dollar, open your own offshore bank account, choose the right offshore haven for you, and invest in the top-performing investments abroad. Click here to learn more.
