Entries Categorized as 'RSS'

Obama To Declare War on Cayman Islands, Bermuda

Date January 6, 2009

O.K., so the headline is not exactly accurate, but it did catch your eye. And if one David Cay Johnston has his perverse way, it would be a statement of fact.
Indeed, Johnston seriously calls for a U.S. declaration of war not only on the Cayman Islands, but also Bermuda and other offshore tax haven. His […]

Gibraltar: The Rock Is Still Solid

Date January 3, 2009

January 12th has been proclaimed a national holiday in Gibraltar in celebration of a decision by the European Court of First Instance which recently ruled that “The Rock” can remain as the attractive tax haven it has been for decades.
The ruling overturned a decision by the European Commission, trumped up by the high tax EU […]

The Bogeyman Will Get You

Date January 1, 2009

The "bogeyman" in many cultures is a folkloric or legendary ghostlike monster.
The bogeyman has no specific appearance, and conceptions of the monster can vary drastically even among families and communities. In most cases the bogeyman has no clear appearance in the mind of a child, but is an amorphous embodiment of terror.
In a misguided effort […]

What We May Be

Date January 1, 2009

In “Hamlet” (circa 1601) William Shakespeare sagely noted: “Lord! We know what we are, but we know not what we may be.”
Nevertheless, each New Year’s the world media engages in a mild form of entertainment by attempting to predict events for the next 365 days.
I don’t intend to join their prognostications, except to say, we […]

New Spanish Citizenship Law Offers EU Possibilities

Date December 30, 2008

The descendants of those exiled from Spain during the Spanish Civil War (1936-39) and during the subsequent rule of the late General Francisco Franco may claim Spanish citizenship under legislation that took effect last week.
The Spanish government expects half a million people, many of them living in Latin America, to be eligible for dual citizenship […]

Year End Tips: Six Ways to Protect Your Assets Right Now

Date December 30, 2008

As we at the Sovereign Society have been telling folks for over ten years now, if you have wealth, you need wealth protection.
And procrastination can steal more than your time - it can destroy your wealth. So act today. Just a few simple steps - plus some offshore advantages - can ensure that your […]

Singapore: Switzerland of Asia

Date December 29, 2008

Singapore may face more political pressure from the United States and other tax hungry welfare countries over its role as an offshore financial center catering to wealthy foreigners, the country's prime minister admitted last week.
Prime Minister Lee Hsien Loong told journalists that U.S. pressure on some European countries to loosen banking secrecy laws and open […]

Taxpayers Forced to Seek Haven

Date December 29, 2008

For the ten years of our existence, the following has been our Christmas Day A-Letter editorial. The comment is by SAINT LUKE, the Apostle, (who was not a member of the Sovereign Society Council of Experts) and appears in his Gospel 2:1-20. For myself and for the staff of the Sovereign Society, we wish you […]

After 700 Years Andorra Open to Foreign Investors

Date December 29, 2008

Bloomberg News reports that the government of the Principality of Andorra is opening up investment in resorts and other businesses to foreign investors for the first time in seven centuries.
The rumored goal is to plug a national budget deficit but, in my opinion, this new opening to the world doesn’t means that Andorra is about […]

Forbes Notes Panama’s Prosperity

Date December 29, 2008

A leading U.S. financial magazine, Forbes, has taken note of something we’ve been talking about for months  — the fact that the Republic of Panama, one of our favorite offshore jurisdictions, so far has escaped the worst impact of the worldwide recession harming other nations.
The Dec. 8th edition of Forbes sees three important factors producing […]