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Vacation Update

After a few days of turmoil, I have an update to share. Articles / Blog Posts In terms of written content, I am happy to report a complete recovery except for Jurisdiction Spotlight: Luxembourg. Out of over 150 articles, I am quite content re-writing one article. Thanks to two members…

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Vacation

Dear readers, commentators, forum posters, and community members in general, I am taking a vacation for an undecided period of time. The degree of vacation is also undecided, in that I expect to not completely avoid this website and others like it. What happened? In November 2015, I moved the…


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Jurisdiction Spotlight: Luxembourg

We’re back in Europe, today taking a look at one of the least tax-haven-like tax havens: Luxembourg. Or, if you ask a local: Luxembourg (French), Luxemburg (in German), or Lëtzebuerg (Luxembourgish). Somewhere between Belgium, France, and Germany is this tiny nation of many languages, businesses, EU institutions, international organizations, and…


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What’s up in Myanmar?

When I scheduled this post, many months if not a year ago, Myanmar was not at all in the news the way it has been in recent times following the election. I aim to keep this blog apolitical, and I will not be going in-depth. Those expecting a treatise on…


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Jurisdiction Spotlight: The Gambia

The most recent member to the international financial centers, The Gambia threw its hat in the mix only a few years ago by enacting a couple of new laws and setting up a superficially very impressive regulatory environment with strong technology focus. A lot of effort was spent on copy-pasting…


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Flags of Convenience

Ahoy, skipper! Unless you are looking for brief, general information about which tax haven to register your freight ship or yacht in and how flags of convenience work, this probably isn’t going to be an interesting article to you. What is a Flag of Convenience? A flag of convenience (FOC)…


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Jurisdiction Spotlight: Nauru

That’s actually not the Curaçao flag, but good eye! The butt of many jokes in the financial services sector, Nauru is a husk of what it once was. And thank goodness for that. When people think about offshore jurisdictions like Cayman Islands, Bermuda, and even the less upstanding ones like…


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The Reality of Secrecy Today

This is a companion article to my recent article on Automatic Exchange of Information (AEOI). It spurred from a discussions over at the forum about Real Jurisdiction secrecy and AEOI (among other threads on the subject). With banking secrecy being eroded over the last decades and corporate secrecy penetrated by…


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Jurisdiction Spotlight: San Marino

Tucked away up in the Apennine Mountains of Italy, which fully surrounds the tiny nation, San Marino is the longest surviving sovereign state and republic, tracing its origins to the 3rd of September in the year 301 when it gained independence from the Roman Empire. Since then, not much has…


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Banking in the Philippines

At this point, you might have heard about the Philippines as an unusual but not necessarily offshore banking jurisdiction. I have contemplated doing a Jurisdiction Spotlight about the Philippines and while there may be enough to say about incorporation and residence in the Philippines, I thought banking deserves its own…


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