Executive Summary The USA is stepping up its ability to bring asset forfeiture cases successfully against people they call criminals. Bear in mind they have more people in jail per capita than any other country and most of these offenses are lacking victims (victimless crimes where the government statue that was broken is the victim). They are now going to spend more energy on grabbing assets targeting criminal proceeds and assets.The...more
Introduction We are going to discuss the movement of funds from your own country or another country to an offshore bank presumably in an offshore tax haven. We are not going to discuss any illegal scenarios.Why do People Move Money and Assets Offshore Many of you will first think taxes? Well you are wrong. How many dictatorships are there in the world right now? Quite a few. There are ruled by kings who are in office for life. They can...more
Assets Not So Safe in Panama There is a way to get a court order in Panama from a Panama Court to garnish, lien or levy a Panama Bank account. If you do not know where the persons bank is you can have the court send a Fax to all the banks in Panama asking them to seize, lien, levy any bank account associated with the name of the person as a beneficiary owner or signatory. This is called a sequestro.Will this include foundation or corporate accounts too? It might, depends on the case and the court. The plaintiff will have to post a 10% to 15% deposit on the amount to be attached. If the defendant prevails in court this deposit can go to the defendant. It may also take months or years to get your money back. This could destroy your business and your personal finances and even bankrupt you all based on just allegations.Civil Law Suit Games in Panama If you are in a civil fight in Panama the adversary can post a bond of say 10% to 15% of the cash value of an asset and have it seized. This is called an embargo. It goes to storage until the case is decided in court. Time frame is usually three years or longer. This has been used to take the personal contents out of a persons home...more
Starting a Food BusinessThis guide is for prospective operators of food enterprises (food establishments, retail food stores, food warehouses, and food processors) desiring to open a food business in either their local city, county or state jurisdiction. This is a general overview and may not be all inclusive of the codes and ordinances in your...more
Top 10 Reasons Why It's Easier To Buy A $5,000,000 Apartment Building Than A Single Family Investment Property.The day my life changed forever. It started with a phone from my good friend and banker of 15 plus years Joe, I cant believe that Im going to say this, but your mortgage application has been denied. (I had done hundreds of...more
When you make contact with a new prospecteither by telephone or in a face-to-face meetingyou have an extremely short window of time to connect with them. If you fail to achieve this they will quickly tune you out. Here are several things you can do to lose your prospects attention in the first five seconds of the conversation:1. Start a telephone conversation with, Hi, how are you?2. Open your conversation by introducing yourself, your company and what you do.3. Make small talk about stuff you see in their office (awards, plaques, photos, etc).4. Give them an overview of your products and services.5. Explain how your product or service will benefit them.6. Tell them what other companies you have worked with.7. Show them the awards and accolades your company product has received.8. Give them a brochure that outlines your key products or services.Unfortunately, most sales people fail to effectively open the sales conversation with a new prospect. Most of the sales calls and meetings I have been subjected to over the years have started with one or more of the above. However, the moment your prospect senses that you are trying to sell them something that they dont need...more
Options are always a nice thing to have, regardless of your situation. In real estate, the option contract can be used for a number of different scenarios, I am going to use this space to focus on just one: let's call them the "tweener sellers."I...more
Author: Hector MillaIf you are one of the millions of people wanting to do a debt consolidation, then finding the best company should be the first thing on your list. Consolidation companies are going to offering many different kinds of services to...more
By researching the start-up business tips described in this article, you will have the know-how to be able to successfully create a new business, thereby making the most effective use of your money and resources. Deciding on the type of business (or...more
As you make changes in your life and grow, you will want to increase your circle of friends. A great way to do that is to take a friend, business associate, or mentor to lunch. You may be invited to a party, Chamber of Commerce or Rotary meeting or...more
Almost everyone I know has debt in their life. Many dream of the day they can kiss that debt goodbye, but dont know how they are ever going to achieve it.My tip to these people is - become debt free by simply livingSimply living is all about living...more
Every homeowner who is thinking of modifying their existing mortgage in order to save their home from foreclosure is probably wondering whether they should apply for a loan modification on their own or utilize the services of a loan modification...more