The Secret To Your Success In 2012 And Beyond
Jan. 6, 2012, Santa Fe, New Mexico: The secret to your personal and financial success in 2012 and beyond is planting your five flags offshore as soon as possible.
Dear Live and Invest Overseas Reader,
Here's my best advice for this New Year: Whatever flags you're planning to plant offshore, plant them sooner rather than later.
Last week, a client wrote to tell me he was in St. Kitts trying to decide which of their two economic citizenship options to apply for. He had made this trip, between Christmas and New Year's, because the St. Kitts government had decided to increase the costs of its economic citizenship program as of Jan. 1, 2012. The powers that be on this island nation gave very little notice about the planned increase, having made the decision in September or October.
The offshore world is an ever-moving target. Governments change the rules of the game regularly. Residency and citizenship options, requirements, benefits, restrictions, etc., change often. Panama made wholesale changes in 2008 that had people clamoring to get in before the new rules took effect.