Introduction We are going to discuss the movement of funds from your own country or another country to an offshore bank presumably in an offshore tax haven. We are not going to discuss any illegal scenarios.Why do People Move Money and Assets Offshore Many of you will first think taxes? Well you are wrong. How many dictatorships are there in the world right now? Quite a few. There are ruled by kings who are in office for life. They can...more
Assets Not So Safe in Panama There is a way to get a court order in Panama from a Panama Court to garnish, lien or levy a Panama Bank account. If you do not know where the persons bank is you can have the court send a Fax to all the banks in Panama asking them to seize, lien, levy any bank account associated with the name of the person as a beneficiary owner or signatory. This is called a sequestro.Will this include foundation or corporate...more
Starting a Food BusinessThis guide is for prospective operators of food enterprises (food establishments, retail food stores, food warehouses, and food processors) desiring to open a food business in either their local city, county or state jurisdiction. This is a general overview and may not be all inclusive of the codes and ordinances in your locality. It is good to note that though this document will more than likely cover most if not all requirements for starting a food business in your jurisdiction, it would be in your best interest to familiarize yourself with the codes and regulations of your local city, county and/or state.Operating Permits - Food EnterprisesA Food Establishment application can be obtained at your local city or county health department. If you plan to manufacture foods and package for retail sale you may be required to obtain a food manufacturers license from your state regulatory agency. If you plan to distribute your product outside of your state lines a federal license may also have to be obtained. It is recommended that you submit a fully completed application and fees at least one month prior to your anticipated opening date. This gives the local...more
Top 10 Reasons Why It's Easier To Buy A $5,000,000 Apartment Building Than A Single Family Investment Property.The day my life changed forever. It started with a phone from my good friend and banker of 15 plus years Joe, I cant believe that Im going to say this, but your mortgage application has been denied. (I had done hundreds of...more
When you make contact with a new prospecteither by telephone or in a face-to-face meetingyou have an extremely short window of time to connect with them. If you fail to achieve this they will quickly tune you out. Here are several things you can do to lose your prospects attention in the first five seconds of the conversation:1. Start a...more
Options are always a nice thing to have, regardless of your situation. In real estate, the option contract can be used for a number of different scenarios, I am going to use this space to focus on just one: let's call them the "tweener sellers."I consider the tweener type of seller to be somewhere between wholesale and retail, but leaning a bit more towards the retail side. The seller lacks the personal/financial distress that drives the immediate resolution necessity of a direct purchase, while they may also find themselves reluctant to list the property with an agent - or may have already done so without any luck.This was the type of scenario that left me scratching my head in the past, but today, if I am unable to purchase directly or list the property I simply reach into my creative solutions bag and introduce the option agreement to the seller.What is an option? The option contract is simply an agreement you have in place with the seller that specifies the terms in which you may exercise your option to purchase the property. On the other hand, you may also choose not to exercise your option to purchase the property and the contract will expire.How does it work? As with any...more
Author: Hector MillaIf you are one of the millions of people wanting to do a debt consolidation, then finding the best company should be the first thing on your list. Consolidation companies are going to offering many different kinds of services to...more
By researching the start-up business tips described in this article, you will have the know-how to be able to successfully create a new business, thereby making the most effective use of your money and resources. Deciding on the type of business (or...more
As you make changes in your life and grow, you will want to increase your circle of friends. A great way to do that is to take a friend, business associate, or mentor to lunch. You may be invited to a party, Chamber of Commerce or Rotary meeting or...more
Every year thousands of men and women across America sign on with direct selling firm-Tupperware, Amway, or a cosmetic company-hoping to make money enough for new draperies, a new davenport, or some new clothes. They sell a little merchandise to a...more
Almost everyone I know has debt in their life. Many dream of the day they can kiss that debt goodbye, but dont know how they are ever going to achieve it.My tip to these people is - become debt free by simply livingSimply living is all about living...more
Every homeowner who is thinking of modifying their existing mortgage in order to save their home from foreclosure is probably wondering whether they should apply for a loan modification on their own or utilize the services of a loan modification...more