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we move into the year 2012, we
have already experienced the
effects of
Globalization,
Bank
Failures, Wall Street
Bailouts, Devaluation of US
Real Estate and the
US Dollar, Double Digit
Inflation, and too much more
to mention
here. Is there anyway to
win this seemingly losing end
game? We think
so, and if the idea intrigues
you, then the information on
this site
may be of
interest. Albert
Einstein was credited with
saying
that: the definition of
insanity is doing the same
thing over and over
again, with the expectation of
a different result the next
time. We
think it may be time for a new
game plan, and now may be just
the time
to implement it.
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This
site
offers news articles and information
pertaining to expatriation,
offshore banking, offshore investments,
residency in other
jurisdictions, second citizenship and
second passport matters.
Jurisdictions covered in our main section
and our on-line newsletter
sections include: Argentina, Bahamas,
Belize, China, Dominican
Republic, Ecuador, Nevis, Panama, United
States and
Uruguay. Ascot Advisory assists
with incorporation
services,
banking introduction services, free
zone license
assistance, residency and naturalization
(second citizenship) in the
Dominican Republic and Panama. Please feel
free to contact us
with your questions !
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Reply
Form Here
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A Man's Country
Is
Not
A Certain Area Of Land, Of
Mountains, Rivers, And Woods, But It
Is A Principle And Patriotism Is
Loyalty To That Principle
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-
George William Curtis
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The Great Financial
Crisis of 2009: What's Different From
1929 ?
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There
any many news articles and
opinions floating around lately comparing
the Great Depression of the
1930's to the current economic climate,
but are the comparisons really
fair? Well, the truth of the matter
is, some things are the same
(unregulated financial market chicanery)
and some things are certainly
not. In addition, will the same
so-called bailouts or government
rescue packages really help the average
middle-class citizen, or will
they possibly rescue the guys that created
the mess, while leaving
everyone else in a lurch? These are
some of the questions we want
to discuss and answer.
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On The Road To
Insolvency: Are You Prepared ?
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The
numbers are in and they do not look
promising. In fact, as of
the latest figures for 2012, the US
Congressional Budget Office has projected
another new
annual budget deficit in excess of US$1
TRILLION Dollars. They
also estimate that the cumulative deficit
over the next 10 years will
be at least $4 trillion, but possibly US$7
Trillion. And where
is all this money coming from?
Debt of course, for the moment, to be added
on top of the almost US$16
Trillion in national debt, and higher taxes
later on for
sure to pay for it all. If you think
it will be you stuck with the bill, what do
you want to do about it?
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Are There Any Safe
Havens Left For The Middle-Class?
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The world
is
an ever changing place, in terms of
politics, economics and all the
other things that may effect our personal
lives. But has
this not been the case always, through-out
history?
Meaning, we can stay in a negative situation
or we can look for new
lands, and new opportunities. But does
such places exist today,
considering the financial and economic
turmoil? Are there really
any safe havens left for the average middle
class citizen? We
would say the answer is YES,
and it just may surprise you to learn that
maybe the world is not
completely flat or as interconnected as some
would suggest.
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Click
Here For
Article
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Inflation
Makes
A Comeback: Are Your Investments Inflation
Proof ?
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Inflation,
or
devaluation of a currency
by the politicians, is nothing new. The
Roman
Emperors
starting
clipping coins, or better said, slowly but
surely reducing the gold
content of the Denari until such a point
that it was nothing more than
base metal. It took them 500 years
before the coins became
worthless or junk in other words (without
the gold or silver
content). Paper money used to be
backed by gold or exchangeable
into gold, until it too was taken off the
gold standard altogether, and
now it is, quite frankly nothing more than
paper with fancy engravings
on it.
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Click
Here For
Article
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Dominican Republic Real Estate As A US
Dollar Inflation - Deflation Hedge:
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The
US Dollar is sinking like a rock, and the US
real estate market is not
fairing too much better. The diagnosis
by many respected
economists is
for even lower interest rates. So,
what can you do? Convert
your US
Dollars to Euros or Gold? Maybe, but
that train seems to have
already
left the station. Where can you
convert your US Dollars without
losing
your shirt on the exchange rate or
otherwise, get fair value for your
money? One answer might be with
Dominican Real Estate. . . .
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Rhett Butler Was Possibly The First
Offshore Investor:
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And if you
recall the
story of Gone With The Wind, it saved his
assets from disaster so he
could buy Scarlett a very nice home once the
conflict was
over. In fact, you might even
say that good old Rhett was
both a Patriot and an Expatriot at the same
time, at least in terms of
his bank accounts and investments. But
what can an old Depression
Era film about the US Civil War teach us
really? Plenty, when you
consider it was a time of uncertainly,
domestic unrest and currency
devaluation (in terms of the Confederate
Money) - and yet Rhett Butler
survived it all.
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The
Great
Exodus or Trading Places:
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It
has been estimated that over 2 Million
people have expatriated from the
UK over the past decade, and now the
analysis claims that about 300,000
US Citizens are leaving
the US yearly as well (and it is estimated
there are already about 8
Million US citizens living abroad).
Why are the best and
brightest
leaving North America and Europe?
Where are they going? Is
this a new trend or an extention of an old
one? What will be the
long-term result of such Mass
Expatriation?
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A Second
Passport or Second Citizenship:
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What
is Dual Citizenship and it is legal?
What is the difference
between residency and citizenship?
Why would someone want to
obtain residency in another country?
Why would someone want
another
passport or citizenship? Will you
loose your current citizenship
if you obtain another? Are there in
fact any benefits by having
dual citizenship?
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We put together some information for you
in order
to answer these and many other related
questions. The truth of
the matter is, it is not a question of
should you - but rather why you
might need
dual citizenship
going forward.
. . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . .. . . .
. . . . Click
Here For
Article
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Globalization:
The Good, The Bad &
The Ugly
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What
has
globalization meant for the average
citizen? Are the
middle-class really better or worse off for
it? What are the
long-term repercussions of so-called free
trade, and is free trade
truly free at all?
.
To be sure, globalization means different
things to different people,
and whether you see it a blessing or a curse
all depends upon who you
are and where you stand in this new global
economy. But
regardless, there are some very profound
changes taking place that will
(and already are) effecting the standard of
living for the middle-class
in many of the so-called wealthy
industrialized nations. Will you
be prepared for the changes ?
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. . . . . . . . . . Click
Here For
Article
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| Should
you have an
interest in reading some of the back issues of
our newsletter, you may
do so by visiting out newsletter archive
section, which contains the
last few years of our newsletters all in one
place, searchable by
date. Hopefully you will find the
articles on this site of value
and
interest, but it is also true that our monthly
newsletters tend to have
the most current and up to date information
about real estate, banking,
investments, the economy and dual citizenship
matters. . . . . . . . . . . . . . . . . .
.
. . . . Click
Here To Access The Archives |
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The Sovereign
Individual Versus The Welfare State:
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The news
is always filled with
stories about various world conflicts, be
they trade wars, the
so-called war on poverty or drugs, and
various other combatative
struggles. But the one conflict no
one seems to want to talk
about or mention, is the conflict (or war
if you like) we see coming
is one that positions the Welfare State
against the individual
middle-class
citizen. Of course, we should
clarify that we are talking about
the kind of citizen that, in such a case,
believes in living as a law
abiding, hard working, self reliant
individual, who wants the
government out of his or her pocket, and
in correlation is not
interested in any hand outs either.
Click
Here For Article
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An
Offshore Company or Foundation For Asset
Protection
And Tax Benefits:
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For the past
few
years, the news has been filled with stories
about companies moving
manufacturering and jobs overseas.
But, that is only part of the
story. Many domestic companies in the
US and Europe have set up
companies in other more favorable, lower tax
jurisdictions a long time
ago - and the current tax code often
encourages it. So, if
they can do it, why not you? The truth
is you can, and as small
businessman or average middle class investor
- you probably
should. Find out why setting up
a company abroad or private
foundation is not only for the large
corporations or ultra-wealthy, and
the cost quite affordable as well. . . . .
. . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . Click
Here For Article
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Will
Your Future Social Security Check Be Worth
The Paper It Is Printed
On?
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Here
is how it works. You
give the government all your money (well, a
good part of it) and they
give you a pension in old age. Now they
claim the system is broke
- What can you do? How does Social
Security really work, and are
the nay sayers who claim that the system is
insolvent correct in their
assessment? Instead of counting on the
Government, should you
instead start counting on yourself?
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SIGN
UP FOR THE MONTHLY NEWSLETTER
.
Every
month we
prepare a newsletter
highlighting current news
items,
editorials and information
of interest, involving
topics of concern to
our clients. In order
to
sign up so you can be kept
informed, either
complete our Reply
Form, and
indicate in the comments
field that you wish to be
placed on the newsletter
distribution list.
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| The
only freedom which deserves the name
is
that of
pursuing our own good, in our own way,
so long as we do not attempt to
deprive others of theirs, or impede
their efforts to obtain it. -
John Stuart Mill |
The man who
trades
freedom for security does not
deserve nor will he ever receive
either.
- Benjamin
Franklin
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Links
of Interest
.
Directly
below is a collection of links to other sites
and information we think
to be of interest for our clients.
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Suggested
Reading
.
Our
belief and philosophy is that knowledge is
power. As such, we
always encourage clients to read as much as
possible, in order to
comprehend better the economics,
politics and social dynamics of
the world we live in (and might inherit).
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Escape
Artist - Nothing
to do with a jail break, although many would
say that leaving the
high tax over regulated welfare states
amounts to the same
thing. The
original expatriation directory
of all things to help you escape to
someplace better and less taxing
(and perhaps less taxing in more ways than
one)
.
The
Dominican Republic - Articles
and Information
about Real Estate, Banking, Investing
in the Dominican Republic.
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The
Asia Times Newspaper - Hong Kong
based News,
with a very interesting and noteworthy
financial section (plus a number
of financial related guest editorials and
articles you probably will
not find in other newspapers).
.
The
International Herald Tribune Newspaper
-
World News and Articles From Europe (owned
by The New York Times)
.
Dr.
Marc Faber Investment Newsletter
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Want to get some honest investment insight
and information? This
is the place, and this gentleman is the guy.
.
The
Market Oracle Site - An
excellent resource of financial
information, plus hard hitting (but honest)
economic related articles
and editorials. Good stuff if you want
to really know what is
going on with the markets, inflation, etc.
.
The
Lew Rockwell Site - Articles,
editorials and information for
Libertarians and fans of the Austrian School
of Economics.
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The
War For Wealth By Gabor
Steingart
McGraw Hill, 2008
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The Trillion Dollar Meltdown By Charles
R. Morris
Public Affairs, 2008
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While America Aged By Roger
Lowenstein
The Penguin Press, 2008
.
The Limits Of Power By Andrew J.
Bacevich
Metrpolitan Books. 2008
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Wealth, War & Wisdom By Barton
Biggs
John Wiley & Sons, 2008
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I.O.U.S.A.: One Nation. Under Stress.
In
Debt.
By Addison
Wiggin - John Wiley
& Sons, 2008
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Bad Money: Reckless Finance, Failed
Politics, and The Global Crisis of American
Capitalism
By
Kevin Phillips - Viking Press, 2008
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The
Post American World By Fareed
Zakaria
W.W. Norton, 2008
.
Super Class: The Global Power Elite
and The
World They Are Making By David
Rothkopf
Farrar, Straus and Giroux,
2008
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NOTE:
All of these books are available from AMAZON
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© Ascot
Advisory
Services 2012
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