Cayman

Bahamian banking secrecy is somewhat misleading in that that banking institutions are prohibited from divulging a clients or account holders information to a third party without the clear consent of the account holder (think Americans may have to sign waivers when opening an account) or under a Bahamian court order. The bad part is that banking institutions are freely permitted to divulge that a...

Does the sound of buying into muddy ground before a single brick has been laid sound like risky business to you? Would you consider purchasing a property whose completion date is a few years down the line? But what if this type of investment is one of the most profitable and one of the best in income generation?Buying off-plan property is one of the current property investment trends in the many growing...

Any opportunity that allows you to work at home and earn residual income is very popular in recent times. Residual income is the income you continue to receive long after you complete the work. It is perpetual. Normally, you receive income in the form of wages and salaries for the work you do now. Hence, you need to continue working to earn this income. However, with a residual income opportunity, you...

Private placement life insurance is a pre-emptive IRS audit tax strategy that transforms taxable ordinary income and capital gains into tax-free income (with no income tax reporting required under current U.S. Law). Please reference IRS Private Letter Ruling 200244001 (May 2, 2002).For U.S. Persons with investment income, private placement life insurance provides for compliant, tax-free compounded...

If you have or are thinking of buying investment property, then in this article you will find a great risk control tool. It's called "Lock in value property equity" and it does what it says - it protects your investment property from price declines yet allows you to keep any gains! It's a great idea, so let's look at it in greater detail.If you are buying investment property you are normally looking to...

Low interest rates at the bank have you annoyed? Well, they should. Receiving less than 3 percent interest on your money is not only unnecessary but it is also keeping you from staying ahead of inflation. Your local bank isn't the only option for building wealth nor should you have to settle for below market interest rates. Read on and we'll examine some high yielding, low risk investment strategies for...

You usually have plenty of choice when you want to buy a property in the Caribbean. From the Bahamas to St Lucia or the Barbados, the number of places you can go to is wide with approximately 7,000 islands, islets, reefs and cays!But because this area is a hot spot for tourists, the price of properties can vary greatly as you certainly will not be the only one around looking to buy a property in the...

Panama has a long and rich history. There have been people living in Panama for over twelve thousand years. These native populations excelled in pottery making and were well known for their burial sites. Around the start of the sixteenth century, Rodrigo de Bastidas became the first European to claim part of Panama's Caribbean coast. A year later, Christopher Columbus arrived in Panama. He explored the...

Luxury homes have some specific traits. Although some in the real estate field would say any house worthy of the term "luxurious" must be incredibly large, that is not necessarily true. What makes a house luxurious is about far more than size. A house considered small by many can still be luxurious while a 5,000 square foot house may simply be a cookie-cutter copy of its neighbors. So what...

Denial is a ubiquitous psychological defense mechanism. It involves the repression of bad news, unpleasant information, and anxiety-inducing experiences. Judging by the German press, the country is in a state of denial regarding the waning health of its economy and the dwindling fortunes of its financial system.Commerzbank, Germany's fourth largest lender, saw its shares decimated by more than 80 percent...