Asset protection and asset custody in planning financial security. Differences between the 2 concepts explained. Asset safekeeping services: asset security, asset custody, and asset securitization. How asset securitization works for accounts receivable, mortgage loans, and securities. Professional asset evaluation to get the most benefit from your assets.
Read moreAre you planning to acquire a residence permit in Portugal – or maybe you have one? Congratulations: this is a wise decision. However, you have to know the peculiarities of taxation for expats to comply with the local laws and avoid any penalties being imposed. If you permanently reside in Portugal (at least 183 days a year) or if you have a local address. You may be entitled to apply for an NHR (Non-Habitual Resident) status. It will help you to reduce the tax burden for at least 10 years. Howe
Read moreDespite Switzerland’s reputation as the center of attraction of European wealth, Luxembourg scored higher in 2023 wealth rankings. Compare the key features of the two wealthiest European countries.
Read moreUS states that allow you to set up DAPTs. What is the best asset protection trust? US states with the best conditions for online businesses. US states with challenging procedures for lawsuit filing and litigation. Are trusts protected from lawsuits in Nevada? US states with enhanced protection for homeowners’ rights.
Read moreComoros (Africa) is a poorly-developed archipelago in the Indian Ocean whose main specialization is agriculture. And yet it may be of interest to entrepreneurs as it offers beneficial conditions for International Business Corporation registration and obtaining a forex, gambling, banking, or cryptocurrency license. You will need a registered agent for this purpose, though, and you will have to be careful when you choose one: there are a lot of scam offers when it comes to business registration in
Read moreFinancial Action Task Force (FATF) in laypeople’s terms. FATF organizational design. Main goals of the organization. FATF member jurisdictions: what are they? How does FATF contribute to preventing financial crimes? Its observers and associated organizations. FATF mission and recommendations in a nutshell.
Read moreGrenada has one of the lowest crime rates in the Caribbean, which already makes it a safe country to go to on vacations. The weather conditions are superb, the locals are friendly, and the food tastes great. You have to exercise basic precautions when visiting Grenada but this recommendation will hold for any foreign country that you may visit.
Read moreBeylikdüzü is a tranquil district near the Marble Sea shore in the European part of Istanbul. Magnificas Villas is a residential complex there consisting of eight two-story villas and the villas are for sale. The price of a villa exceeds a million US dollars but a foreign national can qualify for citizenship of Turkey by investment if he or she purchases a luxurious villa in Beylikdüzü.
Read moreSt Kitts and Nevis offers an opportunity to ‘purchase’ the passport of the country at a reduced price. Initially, the discounted price was supposed to be available between January 1 and June 30, 2023. However, the immigration authorities of the country have decided to extend the limited-time offer up to January 31, 2024 due to high demand for economic citizenship of St Kitts and Nevis on the part of foreign investors.
Read moreHow FATF monitors suspicious banking transactions. National monitoring. Suspicious transactions on French, German, US, and UK bank accounts. Banks’ role in identifying suspicious transactions on client accounts. Types of suspicious transactions that alert banks: large cash transactions, dropping or structuring, unusual or unexplained transactions, high-risk customer transactions, and transactions involving politically exposed persons. Unusual activity examples.
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