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Dear Reader,
If you’ve been reading the A-Letter or The Sovereign Individual (TSI) over the last year, you know I’m VERY bullish on Asia.
Over the last year, I’ve recommended Singapore’s largest REIT, CapitaMall Trust, which now is up more than 90%. And I’m still very bullish on depressed Japanese smaller companies, Thai stocks, Taiwanese blue-chips and Hong Kong REITs — some of the least expensive securities in the world.
Just this month alone, one Hong Kong REIT in our TSI portfolio has already gained 7%, excluding dividends, which are tax-free to foreign investors.
I even traveled to Thailand, Vietnam and Singapore just to check out the local investment scene in February. I’ve also been to Japan three times during the past year.
Everything you’ve read about Asia is true: It really is going to replace the U.S. as the next economic superpower — and a lot sooner than people think. Combined, the region’s trade surpluses are more than any economic region has managed to amass in history, while total foreign exchange reserves now top US$3 trillion.
Rising from the Ashes…as Only Asia Can
After falling off a cliff in 1997 and 1998, and suffering their worst economic recession in the post-WW II period, the Asia-Pacific Basin is roaring again in the new Millennium.
No other region in the world generates more long-term economic growth, offers the largest concentration of foreign exchange reserves and, eventually, claims the world’s largest bastion of millionaires and entrepreneurs.
Without a doubt, Asia is reemerging as the economic locomotive of the world after painfully learning from their mistakes in the late 1990s.
Indeed, unlike 10 years ago, Asian economies – led by China, Vietnam, India and Singapore – now mostly sport ballooning trade surpluses, budget surpluses, bulging foreign exchange reserves and the highest growth rates in the world. Even among the world’s largest economies, Japan is now among the fastest-growing countries. This incredible country just outpaced the United States for the first time in more than 17 years.
And Asia will continue to dominate global economic growth again in 2007. Just take a look at the numbers…
The Asian Development Bank raised its growth forecast for developing Asia in 2007 to 7.6%, at the same time lowering its inflation expectations. The bank also predicts that China and India will continue to lead regional growth for the remainder of 2007.
Hong Kong & Shanghai Bank (HSBC), the world’s largest bank in terms of market value and a major institutional player in Asia, recently published growth forecasts for 2007. HSBC agrees that China and India will dominate growth this year:
Spearheaded by China and Japan, Asia is also home to the largest concentration of foreign exchange reserves in the world. Combined with trade surpluses, undervalued currencies versus the U.S. dollar and euro and gargantuan foreign exchange reserves mostly in dollars, Asia is a net creditor to America and many other international economies.
The Secret Behind all Great Investors is
Now Hiding in the Far East…But Not for Long
As an investor, you want to buy securities and currencies in those countries harboring positive trade balances and growing foreign exchange reserves.
With economic credentials like these, you’ve raised your long-term return on capital because markets that sport bulging trade and budget surpluses typically draw growing foreign direct investment flows and witness a major bull market of their underlying currencies. Combined with soaring stock markets, you’re looking at a potential grand-slam investment because, in addition to currency and capital gains potential, many stocks today also pay dividends, too.
Recent figures show Asian total foreign exchange reserves at a whopping US$3.1 trillion dollars with China’s reserves worth more than US$1 trillion dollars currently. Asia’s top five foreign exchange reserve markets are China (US$1 trillion), Japan (US$872 billion), Taiwan (US$260 billion), South Korea (US$226 billion) and India (US$164 billion), according to Dow Jones Newswires.
Compared to Western markets in North America and Europe, Asia’s cage has already been rattled financially.
I remember back in 1997 and 1998 how market after market in the region fell like dominoes as foreign investors ruthlessly dumped local currencies and stocks. But in other industrialized countries, no similar event or financial shock has occurred since the late 1970s.
Today, many countries in Europe and the United States spot massive deficits of all sorts, mostly budget imbalances. Although certainly not a guarantee that a similar crisis will hit the region again, Asian markets have already learned their painful lessons of the late1990s. That’s just not the case elsewhere where spending has hit the roof, deficits have soared and national savings rates have plunged or even turned negative over the last 20 years.
Make Way for the World’s Next Superpower!
There are so many amazing opportunities in Asia — in investments, real estate, asset protection structures and private banking — that you simply have to see for yourself.
So as soon as I returned from Asia last February, I started planning our upcoming Asian Advantage Tour with my Sovereign Society colleagues.
We’re touring Asia as only Sovereign Society can. We’re hitting the hottest investment and real estate destinations in Singapore, Hong Kong and Thailand, October 12-25.
Along the way, our brilliant Asian financial experts (many of whom I guarantee you’ve never met at another Sovereign Society conference), will give you their firsthand accounts on of the most exciting investment regions of the 21st century.
Let me give you a brief overview of what you can expect from the Asian Advantage Tour in October, including a snapshot of three great cities, our world-class speakers and investment opportunities coming your way…
It’s Been Called the “Switzerland of the Far East,”
“The Other Gateway to China”…
I Call it the “Stunning Land of Opportunity”
Our first stop will be Singapore, the booming regional shipping hub in Southeast Asia and the Pacific’s leading private banking haven.
I was absolutely impressed with Singapore on a recent visit. Stunned is more like it.
Singapore reminds me of a smaller but more streamlined version of Miami with a twist of Asian efficiency and Swiss private banking.
Palm trees scatter this city-state, which is surrounded by the Singapore Straits. The streets are spotless, infrastructure up to German standards and pollution almost nonexistent year-round, unlike Hong Kong.
The 36-square-mile harbor boasts the best facilities in Southeast Asia with streams of cargo traffic awaiting entry as far as the eye can see. You can’t help but be impressed by Singapore, now also emerging as a private banking center since 2002.
Leave the Overpriced Real Estate to
Those Who Don’t Know Better
Real estate is one of the major attractions in this city-state.
While the majority of real estate investors are still scrambling to staid markets in Europe, Canada, Japan and parts of the United States, one incredible market in Asia is still relatively obscure and extremely lucrative – Singapore.
For global investors seeking the best of all worlds, Singapore is probably one of the most undervalued property markets the latter half of this decade. A combination of powerful investment factors, including rising income distributions, currency appreciation, a thriving real estate market and a favorable tax regime all make Singapore one of the best property values in the world in 2006.
Supported by a booming economy, a strong financial services industry and title as the world’s third-largest oil-trading center after New York and London, the city-state now sells at its lowest stock-market multiple in almost four years.
Over the last five years, Singapore has overtaken Hong Kong as Asia’s fastest-growing financial center, including introducing new hedge fund and mutual fund laws, REITs in 2001 and international private banking.
Apparently this city-state is also attracting millionaires by the plane-full. According to the annual wealth report from Merrill Lynch, the number of Singaporeans with more than US$1 million in liquid assets grew by 11,000 to 66,660 in 2006. That’s a staggering 21% growth rate.
Where the Real Singapore Wealth Lies
But the real story is Singapore’s thriving Real Estate Investment Trust, or REIT industry, offering fat dividends far beyond the U.S. average coupled with the most liberal tax environment in the world.
Despite a big rally in locally traded REITs in Singapore since 2005, the commercial property market remains cheap by historical standards and compared to other major capitals around the world.
According to CB Richard Ellis, a property consultant firm, Singapore office rents rose 50% in 2006. Office rent levels are now ranked 37th compared to 60th only five years ago versus other world capitals. And prime rents will see more upside over the next four years due to limited supply.
Though Singapore didn’t escape the wrath of the Asian economic crisis in 1997-1998, the prosperous city-state suffered the least. That’s because Singapore has historically harbored a low external debt ratio compared to bulging deficits for many of her neighbors while accompanied by rising trade and budget surpluses and an undervalued currency.
An Investor’s Paradise
From an investor’s perspective, Singapore is the only Asian country with a triple-A credit rating. This small but prosperous nation serves as an economic example to regional neighbors. The city-state benefits from its sprawling financial services infrastructure, consumer electronics manufacturing and lucrative concentration of Chinese foreign direct investment. And unlike some other advanced economy countries, Singapore’s financial health is excellent.
REITs remain one of the best-performing investments since the stock market peak in March 2000. Over the last five years, the average U.S. REIT or Real Estate Investment Trust has gained 19.4% per annum and an incredible 23.5% per year since 2003. REITs typically acquire investment-grade, income-producing properties such as office buildings, business parks, shopping malls, hotels and serviced apartments.
If Our Past Tour Was Any Indication…
We’ve never explored the hidden investment opportunities in emerging Asian regions quite like this before. But if our previous events were any indication, here’s what you expect, right from the mouths of our attendees:
“This was our first visit with Sovereign Society and I was very impressed with the quality of expertise and the innovative solutions offered on wealth protection and asset growth. Thank you to all, who made this tour so successful!” – H.M.
“A great tour for qualified investors who wish to secure private information on a personal level. A must when you desire to broaden your strategies, find alternative routes of investment and become better known by those men and women who will lead you and direct you in expanding education on growing and preserving your wealth. Seek and you shall find, knock on many doors and you will discover you are welcome!” – R.T.
“Great tour! I learned a lot and made decisions that will help me in the future. Thank you!” – A.R.
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Gross income, most of which is usually rental income, is consolidated at the REIT level and distributed to investors after a 22% corporate tax rate. Starting in 2007, all Singapore REITs will strive to pay out 100% of their after-tax income to unit-holders.
It’s no surprise then that I’ve been monitoring Singapore’s thriving REIT sector since last year when I made my first local recommendation in the city-state’s largest and oldest REIT, CapitaMall Trust. In October, I’ve got another red-hot REIT I’ll be recommending – the largest office complex in the city with incredible earnings and dividend growth!
The Who’s Who of Singapore Financial Experts
Since I returned from Singapore in February, I’ve been on the phone lining up the savviest local Asian investment and banking experts to speak at our tour. And I’m thrilled that I can finally tell you about them.
I’ve invited our favorite local real estate experts to tell you how you can tap into the booming Singapore real estate market...we’re talking about first-class access to high level contacts developing the most lucrative real estate projects in Singapore.
These local real estate experts have some very intriguing property strategies. Our experts have found a way you can easily access the Singapore commercial real estate market by investing in just a single floor of a grade-A office building – or a few units of one of the most sought-after apartment buildings in town.
They will arrange for a reputable local management company to handle day-to-day landlord tasks and voila – you get paid a “dividend” on your investment otherwise known as “rent.”
The Gatekeepers in this Coveted Private Banking Hub
Singapore is rapidly becoming the alternative banking haven of the world. In the last six years, the number of Singapore private banks has nearly doubled. Many well known European banks have set up shop here because they know the interest in Asia investments (and Asian deposits) has nowhere to go but up, up, up.
I’ve invited the head of the Singapore branch of a top Swiss Bank that has but recently set up an office here to accommodate the growing number of clients.
This new office already had a staff of 100+ when I was there in February. But this was just the start – they were planning to have more than 175 full-time employees by the end of the year! They simply can’t keep up with the amount of money flowing into the new office.
Also, you’ll meet one of the Singapore investment gurus from the one of the world’s most exclusive private banks. This is the same bank that handles the Prince of Liechtenstein’s US$1.7 billion portfolio in Vaduz.
You’ll also hear a wealth of investment opportunities including:
- How to obtain a multi-currency mortgage by buying a house in Singapore dollars but paying a Euro denominated mortgage.
- How to profit from the Asian real estate boom from a local entrepreneurial attorney who has his finger to the pulse of Asia (and its ever-changing legal procedures).
- Why Singapore is known as Singapore, Inc., and how easily you can establish a business presence in this lucrative environment.
Plus, there is an interesting venture capitalist who I hope will joining us for a drink at the hotel. This guy is amazing – he travels all over Asia looking for off-the-radar opportunities.
The Taste of Singapore – Hawker Food and Much More
It’s impossible to come to Asia without experiencing its vibrant culture. From the Hainanese Chicken Rice found at the numerous street food stands to the more traditional noodle dishes, in Singapore food is an obsession. I’m not normally adventurous when it comes to food, but every risk I took in Singapore paid off.
"Singapore's Sentosa Island is attracting some big fish in the holiday market. Sentosa Island has pulled out the stops to attract visitors. Weddings, MICE (Meetings, Incentives, Conventions and Exhibitions), dine and shop tours, golf and tennis holidays, and unique theme resort options are all part of the big picture for Sentosa Island."
International Living, July 2007
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To welcome you to the region, we’ll have a traditional “hawker” food lunch. You won’t be disappointed. Plus, you must enjoy the sights of this ultra clean and modern country – all work and no play isn’t healthy!
We’ll explore the many faces of Singapore including Little India, Arab Street and Chinatown. And, thanks to the timing of our trip, we’ll be in town right around the start of Deepavali, the Hindu Festival of Lights. It’s the most important day on the Hindu calendar, so I read they transform Little India with strings of twinkling lights. Definitely worth seeing.
Explore Your Own Agenda –
Profits or Pleasure
While in Singapore, you’ll have a day to spend as you wish giving you time to seek profits or pleasure. For you pleasure seekers, Orchard Road, the country’s premier shopping district is an easy, five-minute cab ride from our hotel. Plus, the 120-year-old Raffles Hotel is right down the street. The amazing Long Bar there is the birthplace of the Singapore Sling. After a long day, a cold Sling hits the spot.
If you’d like to get out of the city for a while, there is nearby Sentosa, an island just off the southern tip of the mainland. It’s connected by a bridge and a cable car. The island is home to golf courses, restaurants and a “Mini Sea World.” There are dolphin lagoons, huge sea aquariums and more.
Sentosa’s beach line is now one of the fast developing markets with more property development scheduled. As you can imagine, beach property less than 40 minutes from a booming urban area is in huge demand.
For you profit seekers, our local real estate expert will be leading a private real estate tour. From commercial properties to residential gems, we’ll spend the day touring various properties and discussing how to exploit them for investment profits.
The “It” Place to Do Business in China
Next is Hong Kong, China’s gateway to the world.
Hong Kong was transferred to China in 1997 when the United Kingdom finally relinquished control of the colony.
Although many prognosticators believed China would curb Hong Kong’s financial and political freedom following the handover, that never materialized. Hong Kong is more prosperous than ever with a booming financial services sector and roaring exports.
If you are doing business in China (or anywhere in Asia), Hong Kong is a place you can make your base of operations. Hong Kong is also the place to obtain financing, do your banking, create the corporate or trust entities you may need to succeed in a very tough market – especially in China.
More than 77% of Hong Kong-based foreign firms said that they believed Hong Kong was an advantageous location for them. They were happy with their chosen business destination because of Hong Kong’s advanced telecommunications networks, free-trade environment, low taxes and effective regulation.
A major attraction for offshore business has been Hong Kong’s relatively low 17.5% business tax rate. The ceiling for taxes on personal income and unincorporated businesses is 16%.
From Building Your Office to Keeping Your Books:
We Have the Hong Kong Expert to Help
While in Hong Kong, you’ll meet with Jack Flader of Global Consultants and Services Limited, a specialty firm assisting individuals and companies to establish their local presence in Hong Kong and throughout Asia. (If we are lucky, Jack can clear his schedule and join us for the entire trip.)
I traveled with Jack earlier this year across Asia, and let me tell you he’s Mr. Asia in my book! Jack is extremely well-connected in the region, especially with Hong Kong as his primary domicile and corporate base. Jack and his team can assist you with all of your corporate and legal needs in Asia. He’s literally a one-stop shop for Asian corporate and financial structuring.
While in Hong Kong, you’ll hear from top attorneys, portfolio managers, as well as real estate specialists. Thanks to Jack’s contacts, we’ll also hear from a Hong Kong official about the future of this region and its relationship with Beijing.
Red Hot Funds, Courtesy of DBS Bank Hong Kong Ltd.
Then there’s DBS Bank in Hong Kong, Singapore’s largest bank.
Through DBS Bank in Hong Kong, investors can open a private banking account and trade securities worldwide while also obtaining many tax-based incentives, especially on dividends, which are not withheld at source.
Here you will find first-hand investment opportunities that it’s just not possible to access in the U.S., or anywhere else in the world. DBS Bank’s wealth of market research and close proximity to booming China, provides you with unique access to some of Asia’s most attractive investment opportunities.
While meeting with DBS last winter, I was thrilled to receive a prospectus for the group’s first Indochina Fund. With stocks in nearby Vietnam skyrocketing over the last two years (I visited with the director of the Ho Chi Minh Stock Exchange in February), I’d wait for the market to crash before stepping in.
In any event, the new DBS Indochina Fund is unique because it’s not over-weighted in Vietnamese stocks; instead the fund is heavy in Vietnamese dollar-denominated bonds paying roughly a 7% yield. That’s my kind of fund!
DBS believes the market is indeed too hot and is waiting patiently to buy into a correction. No doubt, Vietnam is a dynamic economy that’s growing at 8% per annum this decade, rivaling China’s rapid growth rate. It deserves to be on every investor’s radar screen. And I’ll tell you more about it, in Hong Kong.
Visit the “Safest Bet on Earth”
There aren’t too many safe bets in today’s financial markets, but according to billionaire Steve Wynn, Macau is one of them. (Source: Bloomberg, July 11th) In just under two hours by ferry, we’ll be in white-hot Macau. This gaming mecca is exploding as the chain smoking Chinese pour in to gamble. For the first time in history, Macau gambling resorts overtook Las Vegas in 2006 with record revenues from casinos and hotels.
Vegas took notice. Now, Steve Wynn is muscling in on the territory long-controlled by "The King of Gambling” – Stanley Ho – who previously held a government-granted monopoly over the Macau gambling industry for the past 35 years. But Ho isn't sweating. In fact, he's the wealthiest person in Asia, with an estimated net worth of US$7 billion, and the income generated from Ho's various business enterprises constitute about one-third of the gross domestic product of Macau!
Of course, Wynn isn’t alone. Hugh Hefner and his Playboy Bunnies are going to break ground on an entertainment complex of their own, scheduled to open in 2009. Christie Hefner, Playboy CEO and Hef’s daughter, just last month said, “I can’t think of a more exciting market to make a bet on than Macau.” Well, we’ll find out firsthand.
The Undervalued Investment Region
Hiding in the Far Corners of the Far East
We then move on to Thailand, our last country on the tour. Although I’ve been investing in Thai stocks since 1992, visiting Bangkok really put my investment perspective into greater focus. Bangkok is Southeast Asia’s largest metropolis, home to more than 12 million people and without a doubt, an impressive skyline littered with all sorts of construction for miles on end. The size of the city is overwhelming, as is the traffic.
Thailand might be a chaotic city during rush hour, but it’s now the most undervalued stock market in Asia.
With the central bank starting to cut short-term interest rates to boost economic growth, you can bet the Thai SET Index is going to amass a major rally over the next 12-18 months. In fact, my mouth is watering just thinking about the profits coming our way!
Since April, the Sovereign Society has recommended the world’s best-performing Thai fund – the Aberdeen New Thai Fund. It’s already a winner for us as the government recently changed its finance minister and is gradually scrapping capital controls implemented last year.
A Few Political Faux Pas Make Thailand
Worth Investing In Again
Bungled capital controls on stocks and foreign exchange markets would normally incite investor angst, especially in an emerging market. But that’s not the case with one of Southeast Asia’s largest economies in 2007.
After imposing capital controls in December 2006, global investors ruthlessly dumped Thai shares. Five months later, Thailand ranks as the world’s cheapest stock market based on book-value and price-to-earnings. And as the government eventually eases and probably scraps capital controls altogether later this year, the Thai SET market will skyrocket. Currently, there are no capital controls on foreigners owning Thai shares.
Thailand is infamous among global investment circles as the most fickle government, triggering the 1997 Asian financial crisis and subsequently introducing currency controls in December 2007 and then partially curbing those restrictions several days later.
The Thai government has a history of legislating economic policies only to modify or entirely scrap new regulations altogether as it deems appropriate. That’s what happened last December amid a massive stock market decline.
Investors don’t like capital controls or market uncertainty. At the first hint of capital controls in late December, global investors ran for the exits at the same time, pummeling the Bangkok bourse to fresh lows for the year.
As the military government finally realized several days later that its capital controls wou
d send the economy into a possible freefall, Thailand’s finance minister announced a gradual relaxation of capital controls, stabilizing the market.
The Best Buys to Be Had in Thai Real Estate, Funds, Stocks and More
While in Bangkok, you’ll meet with several other local real estate professionals, including local developers who can help you find the best local bargains. They’ll give you the best strategies for buying, including how to find the best deals.
You’ll also meet a local Australian investor who established himself in Thailand over a decade ago because he fell in love with the country and made a fortune in stocks. He’ll show you how to invest in Bangkok shares for maximum profits!
And quite honestly, I’d love to give you specifics on these dynamite investment strategies. But things are changing so quickly all over this entire region, that the “dynamite” plays today, will be old news by October.
That’s why we invited only the best local experts – those who literally live and breathe the Asian real estate and business strategies every single day. They know what’s still worth knowing about, and what’s best left for the “other investors” who chronically invest six months too late.
Plus, we’ve invited government officials to come advise you on the ever-changing political climate in Thailand.
So Many Spicy Thai Sights…So Little Space
Frankly folks, I won’t be able to do justice to Bangkok in this letter. There are too many impressive sights and experiences to list them all here. But, I assure you that you’ll have time to take it all in.
With a beloved royal family, King Bhumibol Adulyadej is the world’s longest-reigning monarch, with 61 years on the throne. He came to power at the age of 9 back in 1946. No trip to Bangkok would be complete without touring the Royal Grand Palace,first built for King Rama I in 1782, and featuring elaborate halls, residences and the revered Temple of the Emerald Buddha.
We’ll also go to the house of the legendary silk master. Called the “Father of Thai Silk,” American Jim Thompson spent 25 years in Thailand reviving the dying Thai silk industry. His story is legendary – he mysteriously disappeared in 1967 without a trace.
We’ll explore Bangkok’s vast waterways and canals from the comfort of a Venetian- style longboat. Hit all the shopping areas – from the ultra high-end Siam Paragon which features a Ferrari dealership on the 8th floor, to the bargain night markets. Plus, we’ll carve out time to relax and unwind at the award-winning Thai spas. Need I say more?
Unwind and Recap in the Total Lap of Luxury
We’ll end our trip in beautiful Phuket, a spectacular resort in one of the southern most provinces of Thailand.
Roughly the same size as Singapore, Phuket is Thailand's largest island.
Best known as a sophisticated vacation paradise, it's circled by 32 small islands rich in caves, cliffs, lagoons, and seabirds. The seascapes are surreal. Rising from waters that gleam jade, emerald, and deep turquoise are countless limestone pillars and bizarre outcrops smothered in jungle vegetation. Moviemakers drool--and it didn't all start with Leonardo Di Caprio and The Beach. Phang-Nga Bay was chosen for the 1974 James Bond film, The Man with the Golden Gun.
The pristine Mai Khao Beach and the 5-star JW Marriott Phuket Resort & Spa will be our home on the final leg of our Asian adventure. We’ve saved the last 3 days for you to relax and unwind after your whirlwind trip. Elegance and relaxation are the theme for these 3 days. The adventure seeker will create memories to last a lifetime with an afternoon ride thru Phuket. We’ll travel along Phuket’s wet coast towards Patong, Karon Beach and Kata Beach for some elephant trekking and sight seeing.
Only 40 Fortunate Individuals Will
Discover These Unprecedented Asian Opportunities
Time is of the essence. Asia is rocketing ahead and you can profit if you invest early. This October 12-25, I and my investment colleagues will show you how.
In just the last few weeks, Thai stocks have formed a bottom after last year’s mini-crash, Taiwanese shares are rallying sharply and Japanese small-caps are finally recovering.
Asia’s bull market is already spreading to far and wide; igniting some of the cheapest sectors in the region, including Japan, Thailand and Taiwan. You need to get in right now, and more importantly, you need the local contacts to show you the way, and tell you exactly how to invest today for maximum profit potential.
But if you join me on this unprecedented tour, you, as one of our valuable members of
The Sovereign Society will spend US$8,450. Platinum Lifetime Members receive another US $50 discount, and Trader’s Ring Members receive an extra US$100 discount.
Plus if you sign up before August 16, you can secure your early bird discount, and save an extra US$200.
With your early bird discount, the cost would be:
Regular Member: US$8,250
Platinum Member: US$8,200
Trader's Ring Member: US$8,150
Single Supplement: US$1,927
(additional cost for single occupancy)
And any one of these investment ideas or asset protection strategies you learn about on this financial journey could finance your entire trip.
So clear your schedule, and make a one-time investment that could send your investment portfolio skyrocketing in the years to come.
To sign up, call David Newman at 1-866-765-7506, and join me on this unprecedented tour!
Sincerely,
Eric Roseman, Investment Director
P.S. Remember: This is the only type of Asian Investment tour of its kind. Our contacts on the ground in Asia are priceless, so this could be your only chance to learn their valuable knowledge about the new up-and-coming superpower of world. So don’t wait, sign up right now, and save an extra US$200 off the cost.
TERMS & CONDITIONS:
The Sovereign Society’s Asian Advantage Tour
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What is Included:
Expert Financial Advice from some of the Asia’s top investment analysts, asset protection specialists, accountants and tax attorneys and real estate experts.
13 nights in superior 5-Star, world-famous hotels, with your choice of accommodations in single/double rooms.
Hotels:
Flights: All you need to do is take care of your flight to Singapore on October 12, and back home again on October 25. All inter-Asia flights are included:
- From Singapore to Hong Kong
- From Hong Kong to Bangkok
- From Bangkok to Phuket
5-Star Dinners, Receptions, Galas:
- Eclectic Eight-Course Sea Food Dinner in Singapore
- Dinner sponsored by LTG in Singapore
- Dinner at Café Deco, a unique landmark restaurant in Hong Kong on the Peak.
- Gala Farewell Dinner at the famous Peking Garden
- Welcome Buffet Dinner in Hilton Millennium Hotel in Bangkok
- Thai Dinner with classical dance at the Oriental Hotel’s Sala Rim Nam Restaurant
- Farewell Poolside BBQ in Phuket
Daily breakfasts:
- Hotel deluxe breakfasts included daily
All On-the-Ground Transportation:
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*All activities include additional costs, which our tour guide, Value Holidays will provide as soon as they become available. Also, Value Holidays will handle all arrangements for each of the optional items.
Exclusions: Airfare to and from your original place of departure; passport and visa fees; alcoholic beverages (except where noted); personal insurance.
Required Travel Documents: For U.S. citizens traveling between the U.S. and international destinations it is the traveler's responsibility to provide a current passport, valid for at least six months beyond your travel dates, as proper documentation. All children, regardless of age, must possess a valid passport. Failure to possess required documents may result in denied boarding. Non-U.S. citizens must contact the appropriate destination embassy or consulate for correct document requirements.
Payment Policy: For this once-in-a-lifetime 13 day-long Asian journey – with luxurious accommodations, VIP special events, first-rate industry contacts and world-class investment opportunities – you could easily pay as much as US$20,000. But we are offering you a special price of US$8,200 if you register for this world class financial tour before August 16, 2007.
In addition, Traders Ring and Lifetime members save up to US$50 and US$100 per person! You'll see sites of unparalleled beauty and hear advice from superior financial professionals. All flights, accommodations and tours will be organized for you. You won’t have to do a thing. Call David Newman today at 1-866-765-7506 to register.
Cancellation Policy: All cancellations must be received in writing.
The following fees will apply for individual cancellations:
From date of individual deposit
until 91 days prior to departure: US$50.00 administrative fee
90 - 61 days prior to departure: US$100.00 administrative fee
60 - 31 days prior to departure: US$250.00 administrative fee
30 or fewer days prior to departure: NO REFUND
Refund for unused Services: Unused services are non-refundable.
Late Booking, Additions/Replacements: A US$50 per person charge will be made for any addition and/or replacement to the list of participants within 10 days prior to departure, to cover any communication expenses. This fee will be charged to the client, not The Sovereign Society.
Disclaimer:: All attendees attend this tour at their own health risk. Also, all speech topics and events, while as planned as possible, are subject to change, as the tour approaches.
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