Successful Business owners and senior managers share an efficiency mindset. In everything they do, they seek the most cost effective method and look to maximize ROI at every stage. Following on from the Global Financial crisis, managers have been put under unprecedented pressure to lean up their business and every cent of every dollar of expenditure has been put under scrutiny. This flurry of cost reduction activity has caused some senior...more
Forex market is very lucrative and exciting. Daily around $3 trillion of transaction takes place in the market. Because of high liquidity nature of the market, many traders are making huge profits in trading. But one thing to note is that more than 90% of the traders fail to make profits and at the end of the day.The reason behind this is that either they might not have enough knowledge on trading or they might not able to analyze the market...more
A QROPS Pension Transfer is a transfer of a UK Pension, or a frozen UK pension into another HMRC approved pension scheme, in a jurisdiction outside of the UK. QROPS means Qualifying Overseas Recognised Pension Scheme, and is a fantastic option if you have left the UK or are planning to leave the UK within 12 months.If you have the option and qualify for a QROPS Pension Transfer, it is something that you should definitely consider as the benefits far exceed the costs, and it is an easy way to increase the value of your estate.The reason that a QROPS Pension Transfer is such an attractive option is due to the limitations and restrictions placed upon an existing UK Pension or frozen UK Pension. Most people have a minimal understanding of UK pensions, and as a result are ignorant of the limitations. Once they understand the limitations of their current pension scheme and how a QROPS works, it becomes apparent why 90% of people who qualify for a QROPS Pension Transfer, utilise the option.Each existing scheme is limited both by UK Pension Regulations, as well as the specific regulations of the individual pension scheme.These regulations can be summarised as follows:You have to...more
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...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...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...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...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...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