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Authentic Client Statement: 'I would like to thank you and your wonderful staff for the all help and assistance you have given us.'

Authentic Client Statement: 'I would like to thank you and your wonderful staff for the all help and assistance you have given us.' | Offshore Stock Broker | Scoop.it

Authentic Client Statement: 'I would like to thank you and your wonderful staff for the all help and assistance you have given us.'


Welcome to the World's Greatest Online Trading Portal!


www.investorseurope.net www.investorseurope.com 

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Welcome to Investors Europe Mauritius Stock Brokers
http://www.investorseurope.net/offshoretraderdemo.html
http://www.investorseurope.net/en/managing-director 
http://www.investorseurope.net/en/nominee-accounts

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Foreign investment in Israel drops by 50%

Foreign investment in Israel drops by 50% | Offshore Stock Broker | Scoop.it
International pressure on companies to refrain from investing in the Israeli economy has heightened with the rise of the Boycott, Divestment and Sanctions (BDS) movement. Last October, drinks company Sodastream International closed one of its West Bank factories in a victory for the movement.

Despite the specific reasons given for the decline in FDI in Israel, the report also notes that FDI fell globally, from €1.3tn in 2013 to €1.1tn in 2014, a drop of 16%. This global decline was caused by a number of geopolitical factors, such as instability in the Middle East and tensions between the West and Russia over Ukraine.
Investors Europe Stock Brokers's insight:

The report, published by the United Nations Conference on Trade and Development (UNCTAD), shows that only €5.7bn was invested into the country in 2014 in comparison with €10.5bn in 2013, a decrease of €4.8bn, or 46%. Israel's FDI in other countries also decreased by 15%, from €4.2bn in 2013 to €3.5bn last year.

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HSBC, JPMorgan may move parts of businesses to Luxembourg #Offshorestockbrokers

HSBC, JPMorgan may move parts of businesses to Luxembourg #Offshorestockbrokers | Offshore Stock Broker | Scoop.it

HSBC Holdings Plc and JPMorgan Chase & Co are in talks to relocate parts of their businesses to Luxembourg from the UK as they weigh the possibility of a British exit from

Investors Europe Stock Brokers's insight:

'JPMorgan is close to setting up a bank based in Luxembourg to handle the clearing of eurozone transactions, paving the way for the U.S. bank to transfer more of its business out of the UK in the event of a Brexit, the Times reported. (thetim.es/1GIE2d9)

The banks are also considering the tougher rules imposed by the European Union for conducting business outside of the eurozone, the Times said.

The changes are not likely to lead to a large number of jobs moving to Luxembourg and London would remain the European headquarters of JPMorgan for the present, the Times cited a source familiar with the matter as saying.'

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“Viagra for women” closer to FDA approval: concern about side effects

“Viagra for women” closer to FDA approval: concern about side effects | Offshore Stock Broker | Scoop.it
A tiny pink pill touted as “Viagra for women” got a reluctant nod from the United States Food and Drug Administration panel, bringing the first medical treatment for female sexual dysfunction one step nearer to coming on the market.
Investors Europe Stock Brokers's insight:

An FDA advisory panel of medical experts voted 16 to 8 vote to approve the drug, but only if more safety restrictions are added. 

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FIFA is RICO : A 'Racketeering Influenced Corrupt Organization'

FIFA is RICO : A 'Racketeering Influenced Corrupt Organization' | Offshore Stock Broker | Scoop.it
I and others on the FIFA executive committee agreed to accept bribes in conjunction with the selection of South Africa as the host nation for the 2010 World Cup,” Blazer told U.S. District Judge Raymond J. Dearie.
Investors Europe Stock Brokers's insight:

Dearie said prosecutors “identify FIFA and its attendant or related constituent organization as what we call an enterprise, a RICO, enterprise.”

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US :FORGET ABOUT FATCA AND OFFSHORES, FOCUS ON FOUNDATIONS #foundationabuses

US :FORGET ABOUT FATCA AND OFFSHORES, FOCUS ON FOUNDATIONS #foundationabuses | Offshore Stock Broker | Scoop.it
Bill Clinton agreed to appear at a gala for the model Petra Nemcova’s charity in 2014 after Ms. Nemcova offered a large donation to the Clinton Foundation.
Investors Europe Stock Brokers's insight:

Quote from a blogger   'Under the guise of altruism, organized Charity today has become a platform for self-aggrandizement. A clusters of sociopath and cynics are allowed to practice deception and larceny on a grand scale. Unscrupulous individuals become rich and famous, in a tax free environment while the poor go hungry..'

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Banksters $5 Billion Fine- did YOU get any of it?

Banksters $5 Billion Fine- did YOU get any of it? | Offshore Stock Broker | Scoop.it

May 21, 2015 
Boulder, Colorado

Yesterday it was reported that some of the largest banks in the world were slammed with yet another stiff fine by the United States government.

This time it amounted to roughly $5.7 billion, after the likes of JPMorgan, Barclays, Citigroup and RBS admitted to criminal wrongdoing in years of manipulating currency markets.

The word “crime” is derived from the Latin word crimen. In their day, Romans were incredibly creative at dealing with their own criminals: crucifixion, torture, beheadings, were all commonplace. Some people were put into sacks with wild animals and then thrown into the river.

The bankers being charged now had spent years abusing the public trust.

They traded against their own customers for personal gain; they used sensitive information entrusted to them to manipulate markets; and now, all they’re going to get is a fine and a slap on the wrist.

It’s unlikely that anybody is going to go to jail, or that any individual will be held accountable—except for potentially a token scapegoat.

What’s even more interesting is that after defrauding the public for so many years, the fine that they pay goes to the United States government.

How much of that $5.7 billion did you get? Because I didn’t get any, and I’m not going to hold my breath waiting for my share.

It’s so ironic that after years of admitted criminal wrongdoing, the banks stroke a check to the government that will ultimately end up right back in their pockets.

Remember, when the US government borrows money to indebt future generations, the Federal Reserve then conjures money out of thin air to loan to the banks for free.

The banks then turn around and—through the “primary dealer system”—loan that money to the US government at interest.

The US federal government paid $430 billion just in interest last year on its prodigious debt.

Commercial banks own a huge chunk of that debt, and thus earn a huge chunk of that interest. So rather bizarrely, when the government writes them their interest checks, the bankers will get their entire fine right back.

Or they’ll get it when the taxpayers have to step in and bail them out yet again.

Even if neither of those things happen, Uncle Sam is would still blow this money on more bombs, more drones, and more destructive wars overseas.

All while the people who were robbed by the banks never see a penny of it.

How did such abuses of the public become tolerable? I invite you to click below to tune in to today’s podcast, in which I discuss this complex, corrupt, and self-serving system.

http://www.sovereignman.com/podcast/banks-fined-over-5-billion-for-criminal-activity-did-you-get-any-of-it-16984/#podcast

Until tomorrow, 
 
Simon Black 
Founder, SovereignMan.com
Investors Europe Stock Brokers's insight:

'What’s even more interesting is that after defrauding the public for so many years, the fine that they pay goes to the United States government.

How much of that $5.7 billion did you get? Because I didn’t get any, and I’m not going to hold my breath waiting for my share.

It’s so ironic that after years of admitted criminal wrongdoing, the banks stroke a check to the government that will ultimately end up right back in their pockets...'

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India presses Switzerland for info on Indian accounts - Investors Europe Stock Brokers

India presses Switzerland for info on Indian accounts - Investors Europe Stock Brokers | Offshore Stock Broker | Scoop.it
India presses Switzerland for info on Indian accounts This was conveyed by Finance Minister Arun Jaitley when the visiting Swiss Economic Affairs Minister Johann N Schneider-Ammann met him.
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Action Alert! Add your voice to protect wildlife species and habitats.

Action Alert! Add your voice to protect wildlife species and habitats. | Offshore Stock Broker | Scoop.it

In one simple click you can help make sure that protection for whales, dolphins and porpoises in Europe remains in place!

Investors Europe Stock Brokers's insight:

The EU Birds and Habitats Directives exist to protect wildlife species and habitats in the UK and Europe. However, these laws are under review by the European Commission and are at serious risk of being weakened. We need to ensure this doesn't happen.

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Marc Faber: Capital Controls, Wealth Tax (Control) @investorseurope Stock Brokers

Marc Faber: Capital Controls, Wealth Tax (Control)  @investorseurope Stock Brokers | Offshore Stock Broker | Scoop.it

I generally try to record a podcast each week, but I fell off the wagon recently because of the big event we just hosted in Cancun.

I thought there would be no better way to get back on track than to ask famed investor Dr. Marc Faber to join me for today’s episode.

If you haven’t heard of Marc Faber, he’s a professional investor who runs the site GloomBoomDoom.com, and was probably most aptly described by the Sunday Times as “a blunt-spoken Swiss who says the things nobody wants to hear…”

(to which I would add, “and happen to be entirely true.”)

Marc was kind enough to fly halfway across the planet to come to our Global Offshore and Investment Summit two weeks ago.

And now that we’re both back in our respective corners of the world, I called him up for a quick interview.

As usual, his insights were spot-on.

We talked about the distinct possibility of wealth taxes and capital controls, which in many respect are already with us.

The ongoing and dangerously escalating war on cash is nothing more than a form of capital controls—a despicable tactic to trap people’s savings in an failing system.

That’s one of the biggest reasons why Marc is an advocate for owning precious metals and diversifying internationally.

This is a centuries-old tactic. The idea of keeping a portion of your assets abroad is nearly as old as the concept of government itself.

And it used to be something only available to the mega-rich.

But in this day and age the tactics are open to everyone.

We can now move money abroad with the click of a mouse.

We can establish foreign accounts without leaving town... and store precious metals overseas while sitting at home in our underwear.

And these steps are important. When you consider all the different risks out there, it’s incredibly foolish to keep everything you’ve worked for, and everything you’ll achieve in the future, in the hands of a desperate, bankrupt government.

I invite you to listen in to this quick interview. Marc’s insights are invaluable, and he has some great recommendations for what investors should be looking at right now.

Take a listen here: 

http://www.sovereignman.com/trends/dr-marc-faber-on-capital-controls-wealth-taxes-and-international-diversification-16915/#podcast

 
Until tomorrow, 
 
Simon Black 
Founder, SovereignMan.com
 
Investors Europe Stock Brokers's insight:

The ongoing and dangerously escalating war on cash is nothing more than a form of capital controls—a despicable tactic to trap people’s savings in an failing system.

That’s one of the biggest reasons why Marc is an advocate for owning precious metals and diversifying internationally.

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L'enquête fiscale de l'UE sur les multinationales prolongée - [Paradis fiscaux et judiciaires]

L'enquête fiscale de l'UE sur les multinationales prolongée - [Paradis fiscaux et judiciaires] | Offshore Stock Broker | Scoop.it


La commissaire européenne à la Concurrence a annoncé mardi que, contrairement à ce qu’elle prévoyait, elle ne serait pas en mesure de clore d’ici la fin du deuxième trimestre son enquête sur les accords fiscaux conclus notamment par Apple, Starbucks, Fiat et Amazon avec certains pays de l’Union européenne.



Via Alcofribas
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Where to Open An Offshore Brokerage Account | The Offshore Report

Where to Open An Offshore Brokerage Account | The Offshore Report | Offshore Stock Broker | Scoop.it

'Everyone is presumed to be an evil criminal mastermind, tax evader, or worse, until proven otherwise. With all the new regulations and compliance requirements, many international banks and brokers have simply thrown their hands up in the air. They’ve put up the shutters and now refuse to accept customers that aren’t clearly residents of the same jurisdiction in which they operate. The long-arm of Uncle Sam and his recently implemented FATCA legislation, the incredibly ill conceived Dodd-Frank rules, combined with the original Securities Exchange Act of 1934, which governs the U.S. securities industry, all mean that U.S. Persons in particular are being given the cold shoulder by nearly all international brokerage houses.This is a very typical reaction. We all tend to fear what we don’t understand. And most banks and brokers around the world simply don’t have the resources to devote to fully understanding and complying with all Uncle Sam’s crazy regulations....'

Investors Europe Stock Brokers's insight:

'6. Both online and phone access for placing trades. It’s your choice. You can place the trade yourself online, or you can order by phone and have one of the firm’s brokers execute for you. You can even place orders via Skype. Please do bear in mind that, as we explain below, this is a fairly small shop. So placing trades through the phone regularly might not be your most convenient option.

7. No conflicts of interest with clients and assets protected under UK law up to GBP 50,000. This firm is purely an agency brokerage. This means that all they do is execute trades for clients. They don’t trade for their own accounts. The firm has no proprietary trading book, never trades against clients, and doesn’t manage or hold client funds.

There is therefore no co-mingling of the firm’s assets and client assets. When you wire money to them to fund your account, it is immediately sent on to your own individual account at their custodians in London. This is important to emphasize—the firm executes trades for their clients, while the underlying assets – your cash and securities – are held in individually segregated custodian accounts...'

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COCKPIT MASS MURDERERS - Pilots want to survive just as much as YOU do, don't they? Don't they?...

COCKPIT MASS MURDERERS - Pilots want to survive just as much as YOU do, don't they? Don't they?... | Offshore Stock Broker | Scoop.it
The apparently deliberate act of a German pilot that caused the deaths of 150 people in France is leading to a broad reexamination of international airline security rules, which allowed the pilot to lock his more senior crew member out of the cockpit.
Investors Europe Stock Brokers's insight:

 “This is now an issue of how we keep mass murderers out of the cockpit.”

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Greece won’t crush Europe stocks, and this chart proves it

Greece won’t crush Europe stocks, and this chart proves it | Offshore Stock Broker | Scoop.it
Still, the blow from any Greece crisis will be cushioned by the fact that European stocks have been decoupling from Athens for a while, say strategists at Barclays in fresh research released Monday
Investors Europe Stock Brokers's insight:

Both European and U.S. stocks sustained some damage on Monday, on news thatGreece has moved a step closer to default. Still, the blow to Europe stocks from any Greece crisis will be cushioned by the fact that they have been decoupling from the Athens stock market GD, +2.03% since the beginning of the European Central Bank’s quantitative-easing program, say European strategists at Barclays in research released Monday. European bank stocks have also decouple

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Liechtenstein : sur la liste noire de l'UE - [Paradis fiscaux et judiciaires]

Liechtenstein : sur la liste noire de l'UE - [Paradis fiscaux et judiciaires] | Offshore Stock Broker | Scoop.it


Le gouvernement du Liechtenstein se dit consterné d’être sur la liste noire des paradis fiscaux constituée par l’Union européenne. La qualification de la principauté comme Etat non coopératif en matière fiscale est "inexplicable, infondée et inacceptable", selon lui.

L’attitude de la Commission européenne est totalement injustifiée, a indiqué jeudi le gouvernement liechtensteinois. L’exécutif de Vaduz demande à Bruxelles d’entreprendre ce qui est nécessaire pour que la principauté quitte la liste des Etats non coopératifs.

La Commission européenne a présenté mercredi un plan d’action pour renforcer la transparence fiscale et a publié une liste de 30 paradis fiscaux. Outre le Liechtenstein, trois autres entités européennes sont épinglées (Andorre, Guernesey et Monaco). Mais la moitié de la liste est constituée de pays et de territoires des Antilles et d’Amérique centrale.

Le Liechtenstein rappelle pour sa part qu’il applique les standards internationaux en matière d’échange d’informations. Il a aussi conclu des accords bilatéraux avec plus de 30 pays. Quant aux discussions avec l’UE pour un échange d’informations mutuel, elles devraient bientôt aboutir.



Via Alcofribas
Investors Europe Stock Brokers's insight:

La Commission européenne a présenté mercredi un plan d’action pour renforcer la transparence fiscale et a publié une liste de 30 paradis fiscaux. Outre le Liechtenstein, trois autres entités européennes sont épinglées (Andorre, Guernesey et Monaco). Mais la moitié de la liste est constituée de pays et de territoires des Antilles et d’Amérique centrale.

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Financial Markets : Long-term Uptrend Remains in Place @investorseurope

Financial Markets : Long-term Uptrend Remains in Place @investorseurope | Offshore Stock Broker | Scoop.it
Investors Europe Stock Brokers's insight:

Freeman Capital Management - US-SEC Registered Investment Advisor : '

FCM Video Market Report

The image to the left shows the US market climbing over 200% since 2009. That is the most important trend. The past 8 month the US market has consolidated through time and not price.    There is no technical price action that a market top is here.  A short term correction could occur but as I show in the video many stocks and sectors could resume their uptrend at any time.  While many news reports worry about a market top, individual stock selection is important in this market. 
For instance, EBAY, a recent purchase last week bolted to new highs on heavy volume.  I have been watching EBAY for 2 years now and finally it was ripe for purchase.  It cleared an all time high last week and broke free from a multiple year base.  This
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Moscow : Cristina Fernandez met Snowden re UK spying on Argentina

Moscow : Cristina Fernandez met Snowden re UK spying on Argentina | Offshore Stock Broker | Scoop.it
“President Fernández de Kirchner was the first head of state to meet with Snowden. They talked for about an hour,” he added.
Investors Europe Stock Brokers's insight:

ccording to Romero, the president visited Snowden — who has been granted a three-year residency permit by the Kremlim after revealing US surveillance in 2013 — when she travelled to Russia during the last days of April.

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FIFA Fallout: Will Qatar Still Host World Cup 2022?

FIFA Fallout: Will Qatar Still Host World Cup 2022? | Offshore Stock Broker | Scoop.it
In a surprise move, FIFA President Sepp Blatter resigned his post. What's ahead for the organization and for Qatar amid the growing controversy? Bloomberg’s Justin Carrigan reports on “Countdown.” (Source: Bloomberg)
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US Veteran peddling to buy a new leg

US Veteran peddling to buy a new leg | Offshore Stock Broker | Scoop.it

May 25, 2015 
Santiago, Chile

Historian Will Durant once wrote “in the last 3421 years of recorded history only 268 have seen no war.”

This is astounding. Warfare is constantly with us, often for the most absurd reasons.

These days we’re told that the War on Terror makes us more free.

We’re programed on days like Memorial Day to sing songs about our freedom and to thank the people in uniform for making us more free.

The question I would respectfully submit is, do you feel more free today than you did 5, 10, 20 years ago?

We now live in an era of unprecedented government intrusion.

Senior citizens are thrown in jail for failing to file disclosure forms.

Spy agencies arrogantly engage in illegal surveillance on their own citizens.

And excessive force is so commonplace it barely registers as newsworthy any more.

Curiously a number of polls from 2013 and 2014, including Gallup and the Washington Post, actually show that more people are afraid of the government than of terrorism itself.

This isn’t freedom. And it’s a complete myth that soldiers fight and die in the name of freedom anymore.

Warfare today means that a few people at the top of the military industrial complex, banking, and oil services companies become extremely rich. And everyone else pays the price.

The price for everyday citizens is having less freedom than before.

The price for future generations is inheriting a tremendous war debt.

And the price for soldiers themselves is coming home wounded, limbless, or not at all.

In today’s podcast, I introduce you to Joe, one of those recent veterans who lost his right leg.

I recently met him while in the US, and he has an unbelievable story.

Despite losing a limb in combat, Joe can’t get a new leg because the FDA won’t approve the procedure that he needs.

It’s called osseointegration. And the FDA thinks that it might be too risky for Joe.

Risky. Kind of like being in a combat zone in a country that never should have been invaded to begin with for reasons that were all lies, all to support a war that only makes the country less free.

So since the government doesn’t think that Joe is responsible enough to make his own decisions, he now has to go overseas and pay tens of thousands of dollars out of his own pocket.

Joe doesn’t have the money; so a family member set up a donation page on the Internet trying to get help. (I’m not publishing the link here because I’m going to take care of it myself.)

It’s amazing when you think about it– a combat veteran who lost a leg supposedly fighting for ‘freedom’ can’t have the medical procedure he needs because a destructive government bureaucracy.

That’s what freedom means today in America. And nobody’s fighting for it.

Soldiers are off risking life and limb for oil companies, banks, and defense contractors. And citizens are distracted with bread and circuses.

All the while, government power continues to expand at the expense of the individual.

So today as we’re told to remember the fallen, we might also take a moment to remember the freedom we once had.

And to think through the options for winning it back once again.

You can listen in on today’s Podcast, and learn more about Joe’s unbelievable story, here:

http://www.sovereignman.com/podcast/meet-the-veteran-whos-been-reduced-to-peddling-for-change-online-to-buy-a-new-leg-17075/#podcast

Until tomorrow, 
 
Simon Black 
Founder, SovereignMan.com
 
Investors Europe Stock Brokers's insight:

'

This isn’t freedom. And it’s a complete myth that soldiers fight and die in the name of freedom anymore.

Warfare today means that a few people at the top of the military industrial complex, banking, and oil services companies become extremely rich. And everyone else pays the price.

The price for everyday citizens is having less freedom than before...'

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USA - Fed is insolvent if assets are marked to market ? investorseurope mauritius stock brokers

USA - Fed is insolvent if assets are marked to market ?  investorseurope mauritius stock brokers | Offshore Stock Broker | Scoop.it
May 15, 2015
New York City

Remember all that talk about "taper" last year?

After years of conjuring trillions of dollars out of thin air and rapidly expanding its balance sheet, the Federal Reserve promised to end its unprecedented 'Quantitative Easing' (QE) programs.
Investors Europe Stock Brokers's insight:

Then in 2014 it supposedly came to an end.

Both Janet Yellen and her predecessor Ben Bernanke promised the world that the Fed would ‘taper’, meaning they would reduce and ultimately eliminate the QE bond-buying programs.

By October, QE officially ended. And the dollar started to strengthen as a result.

But it turns out this was a load of crap.

Every Thursday the Fed publishes its balance sheet for anyone who cares to pay attention, and I track this religiously.

Yesterday’s report showed that last week, the Fed posted a massive increase to its balance sheet– $28.5 billion.

(Most of the increase came from buying mortgage-backed securities– you remember, the ‘toxic’ asset class that blew up in 2008…)

With this huge addition, the Fed’s balance sheet is once again back over $4.5 trillion… within 0.5% of its all-time high.

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UK - Stagnant wages? Carney enters the migration debate - OFFSHORE BROKERS

UK - Stagnant wages? Carney enters the migration debate - OFFSHORE BROKERS | Offshore Stock Broker | Scoop.it
Bank governor Mark Carney says wages are largely static due to a greater number of older Britons working and more Britons willing to work extra hours

Via Graham Watson
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Graham Watson's curator insight, May 14, 4:07 PM

This Guardian article reflects on Mark Carney's comments on wage stagnation in the UK and draws on some data to suggest that labour market conditions are looser than they might appear with a greater number of people, including migrants, willing to work and work long hours at that. Hence, even as the labour market has seemingly tightened, firms don't feel the same pressure to raise wages.

 

Interesting stuff.

 

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'Only broke countries threaten people about the whereabouts of their savings' - Investors Europe

'Only broke countries threaten people about the whereabouts of their savings' - Investors Europe | Offshore Stock Broker | Scoop.it

May 13, 2015 
En route to New York

One of the many experiences uniquely endured by Americans is having to confess your sins once a year to the federal government.

Specifically, Uncle Sam requires most individuals with foreign bank and financial accounts to fess up and disclose on an annual basis.

In fact, these offshore account disclosures must be submitted not once, not twice, but three times, and sent to two different departments.

This is classic government thinking.

For anyone with a foreign financial account, the first form you need to know about is Schedule B of your IRS form 1040.

In fairness, this one’s pretty easy. You check the appropriate boxes in part III of the form and list the foreign countries where you hold financial accounts.

The second is the relatively new IRS form 8938, which came out of the 2010 FATCA legislation (often misspelled as FACTA).

This one is more comprehensive; you’ll need to provide more details on a wider variety of foreign financial assets in addition to bank and brokerage accounts.

For example, shares of private foreign companies, foreign partnership interests, and foreign hedge funds must be reported on form 8938.

Both of these two forms are filed with your taxes to the IRS each year, typically by April 15th.

The last one is FinCEN 114-- the Report of Foreign Bank and Financial Accounts, commonly known as the FBAR. This must be filed by June 30th each year.

The FBAR is required by any US person or domestic entity if the total value of their foreign financial accounts exceeded $10,000 at any time during the previous calendar year.

Example: Let’s say last year you had a bank account in Hong Kong whose maximum value during the year peaked at $15,000.

Last year you also had a Canadian brokerage account whose maximum value was $7,500, and some precious metals at GoldMoney which maxed out at $9,000.

ALL of the accounts would need to be reported on the FBAR by June 30, 2015.

(Note- if any of your accounts were denominated in a foreign currency, the government provides an official FBAR exchange rate to convert to US dollars.)

The FBAR is submitted electronically, and you now have two options to file.

The first option is to register at a government website and fill out the form online.

The second way is even easier-- it's a brand new option they just released a few days ago.

Now you can simply download this form, fill it out at your leisure, and upload it whenever you’re ready.

Remember, though, the FBAR is not submitted to the IRS.

Even though the information is similar to the other forms, the FBAR goes to an entirely different department-- the Financial Crimes Enforcement Network.

This has always struck me as bizarre-- even though it’s perfectly legal to hold money abroad, it must be reported to an agency that specializes in financial crimes.

It really gives you a sense of how the US government views people who don’t have confidence in their failed system.

Naturally, they do treat it as a crime if you don’t file the form.

The severity of the penalties is absurd. They’ve thrown senior citizens in jail and levied enormous fines, simply for failing to file.

And it gets worse every year. This is one of the greatest indicators of how bankrupt and desperate the US government is becoming.

You don’t see wealthy nations doing this sort of thing. Hong Kong doesn’t incarcerate its residents for some innocuous financial oversight.

Only broke countries have the need to threaten people with imprisonment and force them to disclose the precise whereabouts of their savings.

Yet despite the reporting inconvenience, moving at least a portion of your funds offshore is one of the best financial insurance policies there is, particularly when there’s so much risk in the system.

Tomorrow I’ll share some official data to explain why.

 
Until tomorrow, 
 
Simon Black 
Founder, SovereignMan.com
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'How to Vote' Labour Says BBC Website

'How to Vote' Labour Says BBC Website | Offshore Stock Broker | Scoop.it
Media Guido has tracked the absurd bias of the BBC's election hub throughout the campaign, but their pièce de résistance today is a belter. On their how to vote guide, the graphic clearly has the p...
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L'UE attaque Google pour abus de position dominante - Investors Europe Courtier Ile Maurice

L'UE attaque Google pour abus de position dominante - Investors Europe Courtier Ile Maurice | Offshore Stock Broker | Scoop.it
Il s’agit la plus grosse enquête réalisée par la Commission depuis celle qui l'a opposée à l’américain Microsoft.
La Commission européenne compte mettre en cause Google pour abus de position dominante dans la recherche sur internet en Europe, rapporte jeudi le Financial Times.

La nouvelle commissaire à la Concurrence Margrethe Vestager transmettra mercredi ses griefs à Google concernant les pratiques du moteur de recherche, qu'elle juge anticoncurrentielles, indique le FT.

Le moteur de recherche est la cible depuis cinq ans d'investigations des services antitrust de l'Union européenne. S’il est reconnu coupable, le géant américain pourrait être condamné à une amende de 6,6 milliards de dollars (6,2 milliards d'euros).

Via L'Info Autrement
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The US Is a Tax Haven… and That’s a Very Good Thing

The US Is a Tax Haven… and That’s a Very Good Thing | Offshore Stock Broker | Scoop.it
The US is a tax haven and let's be thankful because it helps offset Obama's bad economic policies.
Investors Europe Stock Brokers's insight:

What is the world’s largest tax haven?

[T]he United States can lay claim to that title. 

[T]he United States would not be able to maintain its economy without large inflows of foreign capital.

Foreign investors can invest in the United States virtually tax free — in structures that are legally protected from risks and, currently, with secrecy.

With fairly simple planning, a foreign investor can avoid tax on interest as well as gains from sale of securities — all protected by the legal system…

As for secrecy, Delaware or Nevada are quite accommodating. In these states, a foreign company or individuals can form a limited liability company and open a bank account, but if the investor does its or his business outside the United States, there is no U.S. tax or reporting.

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Wall Street Losing Millions From Bad Energy Loans #offshorestockbroker

Wall Street Losing Millions From Bad Energy Loans  #offshorestockbroker | Offshore Stock Broker | Scoop.it

Oil companies continue to get burned by low oil prices, but the pain is bleeding over into the financial industry. Major banks are suffering huge losses from both directly backing some struggling oil companies, but also from buying high-yield debt that is now going sour. 

The Wall Street Journal reported that tens of millions of dollars have gone up in smoke on loans made to the energy industry by Citigroup, Goldman Sachs, and UBS. Loans issued to oil and gas companies have looked increasingly unappetizing, making it difficult for the banks to sell them on the market. 

To make matters worse, much of the credit issued by the big banks have been tied to oil field services firms, rather than drillers themselves – companies that provide equipment, housing, well completions, trucks, and much more. These companies sprung up during the boom, but they are the first to feel the pain when drilling activity cuts back. With those firms running out of cash to pay back lenders, Wall Street is having a lot of trouble getting rid of its pile of bad loans. 

Robert Cohen, a loan-portfolio manager at DoubleLine Capital, told the Wall Street Journal that he declined to purchase energy loans from Citibank. "We've been pretty shy about dipping back into the energy names," he said. "We're taking a wait-and-see attitude." 

But some big investors jumped back into the high-yield debt markets in February as it appeared that oil prices stabilized and were even rebounding. However, since March 4 when oil prices began to fall again, an estimated $7 billion in high-yield debt from distressed energy companies was wiped out, according to Bloomberg

The high-yield debt market is being overrun by the energy industry. High-yield energy debt has swelled from just $65.6 billion in 2007 up to $201 billion today. That is a result of shaky drillers turning to debt markets more and more to stay afloat, as well as once-stable companies getting downgraded into junk territory. Yields on junk energy debt have hit 7.44 percent over government bonds, more than double the rate from June 2014. 

An estimated $1 trillion in loans were provided to the energy industry over the past decade, with most of that passed off to other investors. The practice is common, but starts to fall apart when the quality of loans starts to deteriorate. Banks like Citi have been sitting on bad loans, hoping for a rebound. But with oil prices dipping once again, big banks are starting to eat the losses. Some bad loans were sold off in mid-March at 65 cents on the dollar, the Wall Street Journal reported on March 18. 

Souring debt comes at a time when oil and gas firms are also issuing new equity at the fastest pace in more than a decade. Drillers are desperate for cash, and issuing new stock, while not optimal because it dilutes the value of all outstanding shares, is preferable to taking on mountains of new debt. An estimated $8 billion in new equity was issued in the first quarter of 2015 in the energy sector, the highest quarterly total in more than ten years. But, falling oil prices have caused share prices to tank, reducing the value of new shares sold, and ultimately, the amount of cash that can be raised. 

Big Finance's struggle to unload some bad energy loans will ripple right back to the energy industry. If financial institutions cannot find buyers, they will be a lot less likely to issue new credit. That means that oil and gas companies in need of new cash injections may have trouble finding willing partners. Once access to cash is cut off, the worst-off drillers could be forced into a liquidity crisis. 

Source: http://oilprice.com/Energy/Energy-General/Wall-Street-Losing-Millions-From-Bad-Energy-Loans.html 

By Nick Cunningham of Oilprice.com

Investors Europe Stock Brokers's insight:

'An estimated $1 trillion in loans were provided to the energy industry over the past decade, with most of that passed off to other investors. The practice is common, but starts to fall apart when the quality of loans starts to deteriorate. Banks like Citi have been sitting on bad loans, hoping for a rebound. But with oil prices dipping once again, big banks are starting to eat the losses. Some bad loans were sold off in mid-March at 65 cents on the dollar, the Wall Street Journal reported on March 18. '

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