There seems to be extensive talk these days about cryptocurrencies like Bitcoin and Ethereum, but I haven’t read any explanation of how these cryptocurrencies are …

Joel Nagel is an attorney licensed in the United States who focuses on international asset protection and offshore trusts. Mr. Nagel has been a member …

There are many ways to acquire a second citizenship. In my law practice we assist with second passports based on your family heritage, passports by …

Cyprus is on my personal short list of all-around best places to live, work or retire. You might find anyone reason to relocate somewhere else …

Today we have an interview with prominent asset protection and international banking attorney Joel Nagel. Mr. Nagel is one of the top experts in offshore …

Many people ask me whether banking options still exist for Americans to open a bank account in Europe. The answer is “yes”…but. The truth is …

So you’ve decided to launch your own startup bank. And you want it to be competitive in the global banking world while interfacing with cryptocurrencies. …

So you’ve decided to launch your own startup bank. And you want it to be competitive in the global banking world while interfacing with cryptocurrencies. …

When it comes to offshore banking, there are really two main kinds of banks, referred to as class A banks and class B banks. Class …

Question: I have been looking at second residency and citizenship options in the Caribbean, but I think I’d prefer to have a European option for …

In this week’s “Ask the Ambassador,” I get to ask the questions instead of answer them. I had an opportunity to sit down with Belize’s …

There are really lots of places to live and retire in Belize. It’s a wonderful country with friendly and hospitable people. The classic refrain you …

I understand that it is becoming more and more difficult to set up an international bank and, especially, to access correspondent banking services. Is it …

In last week’s “Ask the Ambassador,” I answered a question from Mike from Portland regarding the reporting and taxation of cryptocurrencies. To review that article, …

There are many factors that go into determining the right type of structure you might need (if any) to hold your overseas property. Generally, I …

Puerto Rico is an amazing opportunity for US citizens to reduce their corporate tax to 4% and their personal income tax on capital gains to …

Family offices and multi-family offices are the fastest-growing investment vehicle for high net worth families (those managing over $100 million in assets). It’s difficult to …

If you’re investing in assets that you expect to increase in value, and you plan to hold those assets for a number of years – …

The best asset protection structure for most U.S. citizens is an offshore trust. When structured properly, an offshore trust provides maximum protection and planning opportunities. …

A nested correspondent banking account is one where a service provider sets up a master correspondent banking account at a large bank. Then the provider …

Some people mistakenly think that if you have an offshore trust then you don’t need to file anything on it with the IRS. That is …

There are a variety of ways that one can get a second passport. Generally one receives the citizenship of either the place they are born …

For now the issue is how should cryptocurrency like Bitcoin be reported and how and when is it taxed? The IRS currently considers cryptocurrency to …

If you have $60,000 in an IRA and want to buy U.S. stocks, just about anyone can help you. If you want a tax-efficient structure …

Dear Ambassador Nagel, what is the reason to set up a “dynasty trust” instead of more common types of trusts and traditional estate planning? Ambassador Nagel:  This …

Foreign trusts can be utilized to administer assets cost effectively in one jurisdiction, avail themselves of pro-defensive legal rules in another, eliminate the English Common …

Up until about 1995, the very rich could open numerous accounts in the Cayman Islands and Switzerland. The bank had no idea who the beneficial …

In times of political and economic turmoil, the first and most important form of international diversification is to open a foreign currency account offshore. Get …