Puerto Rico’s Troubles

Puerto Rico’s Troubles

Ongoing problems in Greece, China in economic turmoil, and now … Puerto Rico? Puerto Rico is uniquely situated as a territory of the United States. In good times, this can work to the island’s advantage, receiving tax breaks and money transfers from the U.S. mainland,...
A Currency War on the Horizon?

A Currency War on the Horizon?

Another day, another devaluation of China’s currency.  The renminbi fell 1.6% against the dollar on August 12, which followed a nearly 2% fall the previous day.  Today, August 13, the renminbi fell another 1.1%, bring the three-day fall to 4.4%. Rather than a...
Buying Beachfront Property in Belize

Buying Beachfront Property in Belize

Excuse the lack of profundity, but there are two main factors that make a country a good place to buy beachfront property: 1) the amount of beach; and 2) the prices. If you’ve seen a map of Belize, you’re obviously in the right place as far as to the first point. We...
Belize Offshore Bank Accounts – Part II

Belize Offshore Bank Accounts – Part II

Belize offers many types of cost-effective, tax-exempt offshore bank accounts. Judging by a number of recent calls to my office, there is some confusion about the various offshore banking options available. This is Part II of a brief discussion about individual Belize...
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