Investing Offshore In Panama

June 17, 2011:

"Kathleen, I have applied for my pensionado visa in Panama and expect to receive it in the next month or so. In the meantime, establishing overseas financial contacts and putting financial arrangements in place is proving to be the more challenging piece.

"I believe that it is best to split up assets among various jurisdictions. To do this, I need help in these jurisdictions from various advisors. The difficult part of this is the ability (or inability) to get dependable references on these companies. I plan to attend your offshore conference this September in Panama City and hope to find the answers to these questions at that time.

"Time is awasting, and the provisions of the HIRE Act come into force Jan. 1, 2013. Anyone looking to do so needs to get their money out of the United States before then. This is particularly important for non-U.S. citizens (I'm Canadian).

"I look forward to your September conference."

--Mike G., Canada

Yes, diversification is key.

This will be one of the fundamental themes we'll focus on as part of the September event. Look forward to meeting you there.

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• Investing in Real Estate Overseas