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...
The International Monetary Fund Throws in the Towel

The International Monetary Fund Throws in the Towel

The International Monetary Fund (IMF) is abandoning ship. An IMF memo dated July 15, 2015 describes the situation vis-a-vis the euro in Greece as unsustainable and lays out three possible scenarios, all of which include massive debt forgiveness, and all of which will...
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