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Strategies & Market Trends : Currencies and the Global Capital Markets -- Ignore unavailable to you. Want to Upgrade?

To: Peter Church who wrote (2343)	12/28/1999 1:44:00 PM
From: Hawkmoon	Respond to of 3536

Do you have any references or resources for setting up a corporation in Caymans without living there barringtongroup.com Or just do a general search for "Offshore Corporations and or Entities". The key is to create an entity offshore that holds the value of that money, permits investment of all types (including FOREX redomination of currency), and then permits her to take out just what she requires for income. In a no-tax country, the corporation she creates should be able to grow the net value of that money with no tax obligation, while she retains ultimate management and control over the corporate entity. She will eventually pay taxes, such as when she takes the money out either as salary or divestment. It just that, like an IRA, that money is sheltered tax-free until the corporations assets are liquified into cash. I don't know all the tricks, but I do know that it is possible with the proper structuring to do quite legally and with no violations of US tax law. Good Luck!! Regards, Ron

To: Peter Church who wrote (2343)	1/3/2000 5:23:00 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 3536

Peter, Currency Converter oanda.com Charts Swiss Frank - March futures.tradingcharts.com US Dollar Index futures.tradingcharts.com I'm not a professional money manager....nor do I have any experience with investing in Europe, but I do have an opinion...FWIW. Assuming this individual does "Not Need the Money...?" With this dual citizenship it would be to her advantage to maintain an active account in Swiss Currency and held in Switzerland...(especially if she likes to travel). It will give her access to a realm of Investment opportunities not available to US citizens. Swiss banks offer active investment opportunities and can implement almost any type of account and strategy through the mails and Internet....many have affiliates here in the USA. I'm sure they would welcome $150,000 account. Some research would be necessary as to the bank and the investment vehicle, but having a well documented account in Europe especially Swiss could do very well in the years ahead if properly managed. Perhaps at the bank where it is being handled at this time. Not to mention how much fun it would be walk into her own bank in Switzerland! Let the accountants worry about the tax problems. Chip