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	<title>Ron Mendelson &#187; Offshore Financial Articles</title>
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	<link>http://ronmendelson.com</link>
	<description>Business Coach – Resource on Online Marketing, and Wealth Creation &#38; Preservation</description>
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		<title>Why tax havens are good for the global economy</title>
		<link>http://ronmendelson.com/2008/12/why-tax-havens-are-good-for-the-global-economy/</link>
		<comments>http://ronmendelson.com/2008/12/why-tax-havens-are-good-for-the-global-economy/#comments</comments>
		<pubDate>Tue, 02 Dec 2008 22:39:13 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business News]]></category>
		<category><![CDATA[Offshore Financial Articles]]></category>
		<category><![CDATA[offshore]]></category>
		<category><![CDATA[offshore banking]]></category>
		<category><![CDATA[offshore business]]></category>
		<category><![CDATA[offshore freedom]]></category>
		<category><![CDATA[offshore incorporation]]></category>

		<guid isPermaLink="false">http://www.ronmendelson.com/?p=113</guid>
		<description><![CDATA[The Center for Freedom and Prosperity Foundation (CF&#38;P) has released a series of videos, the first in theÂ  series, discusses the global economic benefits generated by low-tax jurisdictions. The CF&#38;P [...]]]></description>
			<content:encoded><![CDATA[<p>The Center for Freedom and Prosperity Foundation (CF&amp;P) has released a series of videos, the first in theÂ  series, discusses the global economic benefits generated by low-tax jurisdictions. The CF&amp;P Foundation&#8217;sÂ  video, entitled The Economic Case for Tax Havens, makes a compelling case for tax havens. These business-friendly jurisdictions have led to better tax policy, and faster economic growth around the world.</p>
<p>Going offshore with your finances &amp; business is easier than you think. Going offshore has never been more important considering the incumbent president in the USA Barack Obama and his openly stated position against reducing ones taxes.</p>
<p>Watch the video, enjoy and think seriously about going offshore today.</p>
<p>To go offshore with your finances visit <a title="Go Offshore with offshore secrets network" href="http://offshoresecrets.com" target="_blank">Offshore Secrets</a></p>
<p><object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="425" height="344" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowFullScreen" value="true" /><param name="allowscriptaccess" value="always" /><param name="src" value="http://www.youtube.com/v/yi0lkJBTi58&amp;hl=en&amp;fs=1" /><embed type="application/x-shockwave-flash" width="425" height="344" src="http://www.youtube.com/v/yi0lkJBTi58&amp;hl=en&amp;fs=1" allowscriptaccess="always" allowfullscreen="true"></embed></object></p>
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		<title>Obama to launch attack on offshore financial havens?</title>
		<link>http://ronmendelson.com/2008/11/obama-to-launch-attack-offshore-financial-havens/</link>
		<comments>http://ronmendelson.com/2008/11/obama-to-launch-attack-offshore-financial-havens/#comments</comments>
		<pubDate>Fri, 28 Nov 2008 17:13:56 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business News]]></category>
		<category><![CDATA[Offshore Financial Articles]]></category>
		<category><![CDATA[abuse]]></category>
		<category><![CDATA[freedom]]></category>
		<category><![CDATA[obama]]></category>
		<category><![CDATA[offshore financial center]]></category>
		<category><![CDATA[offshore freedom]]></category>
		<category><![CDATA[tax haven]]></category>
		<category><![CDATA[USA]]></category>
		<category><![CDATA[welfare]]></category>

		<guid isPermaLink="false">http://www.ronmendelson.com/?p=100</guid>
		<description><![CDATA[Will Obama Launch a Renewed Attack On Offshore Jurisdictions?
With the plethora of anti-terrorist legislation on the books in the USA, it is clear that the USA can misuse much of [...]]]></description>
			<content:encoded><![CDATA[<p>Will Obama Launch a Renewed Attack On Offshore Jurisdictions?</p>
<p>With the plethora of anti-terrorist legislation on the books in the USA, it is clear that the USA can misuse much of theÂ  anti-money-laundering language in these so called &#8220;security&#8221; laws to attack offshore jurisdictions, and that along with the OECD has been taking advantage of the &#8220;anti-terror&#8221; bandwagon since 2001 to launch renewed attacks on low-tax centres.</p>
<p>The United States position on so-called &#8220;harmful tax competition&#8221; has not changed. The bigger danger is that incumbent President Obama will attempt to add even more onerous new money laundering laws based on an whether the USA believes a jurisdiction is of &#8220;primary money laundering concern.&#8221; Meaning whether the jurisdiction is what the USA believes to be engaged in harmful tax competition.</p>
<p>Obama has made his position clear for some time, all one has to do is look at the &#8216;<a href="http://levin.senate.gov/newsroom/release.cfm?id=269479" target="_blank">Stop Tax Haven Abuse</a>&#8216; Bill he supports to get a clear picture of his position.</p>
<p>So the big question is <strong>not </strong>whether Obama wants to prevent Americans from LEGALLY avoiding, or deferring taxes through the use of offshore tax havens, but whether he will be able to successfully do so.</p>
<p>Making matters worse for freedom seekers is the growing international pressure to outlaw the secretive practices of tax havens as a key part of reforms to &#8220;fix&#8221; the world&#8217;s battered financial system</p>
<p>The leaders of the world&#8217;s 20 most powerful economies (welfare states) gathered for a major conference in Washington in November to discuss exactly this.</p>
<p>Personally, I would like to believe people of the USA will not sit idly by while their rights and liberties are stripped from them, however if the last 8 years are any indication then i am sorely mistaken.</p>
<p>Anyone considering expatriation of themselves or their funds is best served to act sooner rather than later when perhaps this right is stripped of them. Going offshore before it is too late while sounding so cliche, is critical at this point in history.</p>
<p>As managing partner of Offshore Secrets Network our firm is well equipped to help anyone go offshore and protect their finances and future. Feel free to visit <a href="http://offshoresecrets.com" target="_blank">Offshore Secrets Network</a> and learn more.</p>
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		<title>Creature From Jekyll Island &#8211; G Edward Griffin</title>
		<link>http://ronmendelson.com/2008/11/creature-from-jekyll-island-g-edward-griffin/</link>
		<comments>http://ronmendelson.com/2008/11/creature-from-jekyll-island-g-edward-griffin/#comments</comments>
		<pubDate>Sun, 23 Nov 2008 02:09:13 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Network Marketing]]></category>
		<category><![CDATA[Offshore Financial Articles]]></category>
		<category><![CDATA[Online Income]]></category>
		<category><![CDATA[create wealth]]></category>
		<category><![CDATA[Creature From Jekyll Island]]></category>
		<category><![CDATA[federal reserve]]></category>
		<category><![CDATA[G Edward Griffin]]></category>
		<category><![CDATA[money]]></category>

		<guid isPermaLink="false">http://www.ronmendelson.com/?p=81</guid>
		<description><![CDATA[For those who have never read this book, it is a must read.
So many people do not really understand money and how it really works.
Anyone serious about creating wealth needs [...]]]></description>
			<content:encoded><![CDATA[<p>For those who have never read this book, it is a must read.</p>
<p>So many people do not really understand money and how it really works.</p>
<p>Anyone serious about creating wealth needs to understand some of these fundamentals.</p>
<p>Once one truly grasps the principles producing wealth becomes much easier.</p>
<p>Enjoy the video!</p>
<p><object width="600" height="500" data="http://video.google.com/googleplayer.swf?docid=6507136891691870450&amp;hl=en&amp;fs=true" type="application/x-shockwave-flash"><param name="id" value="VideoPlayback" /><param name="src" value="http://video.google.com/googleplayer.swf?docid=6507136891691870450&amp;hl=en&amp;fs=true" /></object></p>
<p>Interested in truly creating and producing wealth? Join my team and <a href="http://producewealth.ca" target="_blank">Learn How .</a></p>
]]></content:encoded>
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		<title>Pyramid scheme head challenges the Colombian state</title>
		<link>http://ronmendelson.com/2008/11/pyramid-scheme-head-challenges-the-colombian-state/</link>
		<comments>http://ronmendelson.com/2008/11/pyramid-scheme-head-challenges-the-colombian-state/#comments</comments>
		<pubDate>Fri, 21 Nov 2008 17:04:59 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Offshore Financial Articles]]></category>
		<category><![CDATA[Privacy Related News]]></category>
		<category><![CDATA[colombia]]></category>
		<category><![CDATA[dmg]]></category>
		<category><![CDATA[money laundering]]></category>
		<category><![CDATA[pablo escobar]]></category>
		<category><![CDATA[pyramid scheme]]></category>

		<guid isPermaLink="false">http://www.ronmendelson.com/?p=73</guid>
		<description><![CDATA[Excellent article posted on Semana
http://www.semana.com/noticias-print-edition/pyramid-scheme-head-challenges-the-colombian-state/117861.aspx

Not since the time of Pablo Escobar, when he  acted like a philanthropist and won popular acclaim with his program MedellÃ­n  sin Tugurios (MedellÃ­n [...]]]></description>
			<content:encoded><![CDATA[<p id="texto1" class="texto_articulo">Excellent article posted on Semana</p>
<p class="texto_articulo"><a href="http://www.semana.com/noticias-print-edition/pyramid-scheme-head-challenges-the-colombian-state/117861.aspx" target="_blank">http://www.semana.com/noticias-print-edition/pyramid-scheme-head-challenges-the-colombian-state/117861.aspx</a></p>
<p class="texto_articulo">
<p class="texto_articulo">Not since the time of Pablo Escobar, when he  acted like a philanthropist and won popular acclaim with his program MedellÃ­n  sin Tugurios (MedellÃ­n without Shantytowns), has Colombia seen such an enigmatic  and controversial figure such as David Murcia GuzmÃ¡n.</p>
<p>Of course there  are great differences between the two. Back then as time went by, Escobar  stopped appearing to be a Robin Hood and declared a bloody war against the  state, while the only thing that Murcia has announced is that he will send his  thousands of investors into the streets and warns that he has all of his legal  artillery prepared to make his economic emporium respected, a business which he  says has completely followed the law.</p>
<p id="texto2" class="texto_articulo">Where there are similarities -given their  differences in proportion- is that in both cases they became targets of the  state. At least that is the way it was declared on Friday, when President Ãlvaro  Uribe decided to lead the entire state apparatus to criminally confront DMG and  try to expose the magic formula that hides behind that multimillion dollar  business.</p>
<p>The country just became aware last week of the existence of  David Murcia GuzmÃ¡n, the head of the skyrocketing firm DMG, when pyramid schemes  throughout the country collapsed and left nearly 2 million victims who, whether  because of ignorance, foolishness or ambition, had entrusted the schemes with  their savings.</p>
<p>None of the pyramid schemes that collapsed belonged to  DMG. But the eyes of the government and of justice are focused on DMG because it  has been the source of inspiration of the nearly 250 pyramid schemes that the  government has identified nationwide. With its philosophy of multiplying money  and thus feeding a mafia-like culture of easy money, DMG gained the confidence  of its clients. It also showed the way for many other unscrupulous types who  found a market willing to bet on this risky business.</p>
<p>Last Friday the  country discovered the true character of Murcia &#8211; and just how far he seems  prepared to go &#8211; when he addressed Uribe as equals, as no Colombian would dare,  or at least no other businessperson. He told him on the La W radio talk program,  â€œNo, Mr. President, thatâ€™s not the way it is and I hope that you are listening  to this. Because if you are going to take arbitrary measures, then allow me to  tell you that I also will do arbitrary things.â€ And, immediately after that, he  made a subtle declaration of war. â€œAnd allow me to say to you that I will also  turn the people against the government.â€</p>
<p>One of the worries of the  government with DMG is that, in addition to being a pyramid scheme, it could  serve as a tool for the drug trafficking business through money laundering,  because it is able to introduce cash into the legal market, or by financing drug  shipments. The authorities are investigating a possible link with the drug  trafficker â€œChupetaâ€ through a money exchange business which opened branches in  DMG offices.</p>
<p>Murcia immediately rejects any accusation and repeats, as  he said in his first interview granted to SEMANA in February of this year, that  what he has built is a brand -like Coca Cola or Google, he says- because, among  others, it saves on publicity costs and for that reason it can offer great  benefits to its clients.</p>
<p>But the story of David Murcia GuzmÃ¡n goes  beyond the gimmicks of pyramid schemes. For journalists who have followed his  dizzying career in the last year it is clear that he is an extremely intelligent  man who has evident political ambitions. His financial conglomerate is not an  end unto itself, but rather a platform to build it into a social phenomenon.  â€œBelieve in God and in David Murcia GuzmÃ¡nâ€ is one of his most repeated slogans.</p>
<p>Murcia has had a meteoric career. He left his birthplace, the town of  UbatÃ© in the Cundinamarca department, very early on. With only a high school  degree he received in BogotÃ¡, he traveled from city to city dedicated to earning  a living. In 2003 he arrived in La Hormiga (Putumayo) and he didnâ€™t have enough  money to even pay for a room for himself in the townâ€™s hotel. But that didnâ€™t  last long. In 2005, with an initial investment of 100 million pesos ($43,000  USD), he founded the group DMG in BogotÃ¡. Today, 28 years old, he already has an  emporium with more than 200,000 clients, branches in seven countries and  partners to open new offices in 99 other countries, according to what Murcia  told La W radio station.</p>
<p>Up until now, DMG has surrounded itself with a  strategic pool of lawyers, headed by a media-savvy lawyer and known friend of  the Fiscal General de la NaciÃ³n (prosecutor general), Abelardo de la Espriella.  DMG has also paid other respected lawyers such as the former procurador  (solicitor general) Jaime Bernal and the former vice-fiscal Armando Otalora. At  the same time, inside his gigantic organization he is building a cult of  personality based on an image of himself as a redeemer for marginalized social  classes, who have been abandoned by the state and stepped on by the banks. In a  video that each of his clients is required to watch in order to have access to  DMG services, he appears in the Colombian swamps helping poor children, saying  that he wants to â€œeradicate hunger in Colombia.â€</p>
<p>That is why, during  this weekâ€™s crisis in many middle class and lower class sectors voices of  support were being heard for David Murcia. â€œWith DMG I got a house and the  government hasnâ€™t given me anything,â€ said a man to a television news program.  Part of the fanaticism that has grown around him reflects itself in the now  recurring marches of followers who protest each time an authority sanctions or  questions DMG.</p>
<p>On Friday, for example, more than 2,000 people  congregated on the Plaza de BolÃ­var in BogotÃ¡, the most important square in the  city. â€œWe support David Murcia. The only thieves here are the banks that donâ€™t  allow poor people to multiply their income,â€ said one of the protesters.</p>
<p>This obsession with his personality reached its climax perhaps last  Wednesday when the pyramid scheme scandal broke out. Upon seeing the hordes of  agitated citizens, David Murcia made a video for YouTube in which he appears in  front of a backdrop worthy of a president, complete with a Colombian flag and a  DMG one as well, where from behind a desk he solemnly challenges the state and  the president and declares war on a banking sector which he says is responsible  for all the countryâ€™s ills.</p>
<p>â€œThe people have to wake up against those  abuses and those slanders because the war isnâ€™t against DMG but rather is  against each one of the Colombian people,â€ he says. He says that â€œit is time for  justiceâ€ and makes an appeal to â€œmy DMG family so that we can show who really  rules in this country.â€ He concludes with a martyr-like phrase. â€œI know that  they can kill me, believing that eliminating me as a leader could end this  family that has become an economic revolutionâ€¦ if I have to die for this cause,  I will die proudly and peacefully, but they will never finish off the DMG  family.â€ The state, led by Uribe, has all of its legal artillery prepared to put  an end to this story. Hopefully in this transition David Murcia will not commit  the error of continuing to stir up the masses and will accept what the law  decides.</p>
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		<title>Boost your retirement funds by 30% from your affiliate earnings by going offshore</title>
		<link>http://ronmendelson.com/2008/11/boost-your-retirement-funds-by-30-from-your-affiliate-earnings-by-going-offshore/</link>
		<comments>http://ronmendelson.com/2008/11/boost-your-retirement-funds-by-30-from-your-affiliate-earnings-by-going-offshore/#comments</comments>
		<pubDate>Tue, 18 Nov 2008 20:03:53 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Offshore Financial Articles]]></category>
		<category><![CDATA[Online Income]]></category>
		<category><![CDATA[earnings]]></category>
		<category><![CDATA[income]]></category>
		<category><![CDATA[offshore affiliate package]]></category>
		<category><![CDATA[online affiliate package]]></category>
		<category><![CDATA[savings]]></category>
		<category><![CDATA[tax free]]></category>
		<category><![CDATA[tax reduction]]></category>

		<guid isPermaLink="false">http://www.ronmendelson.com/?p=64</guid>
		<description><![CDATA[Are you earning more from your affiliate programs than you need to spend at the moment?
Are you on track to retirement that is self sufficient and not dependent on social [...]]]></description>
			<content:encoded><![CDATA[<p>Are you earning more from your affiliate programs than you need to spend at the moment?</p>
<p>Are you on track to retirement that is self sufficient and not dependent on social security or some other form of government support?</p>
<p>Did you know that by &#8220;going offshore&#8221; with your affiliate business earnings you can save more money for retirement, free from taxation &#8211; 100% legally &#8211; if done properly.</p>
<p>This is something I have been advocating for years now and am still surprised when I learn that many affiliate marketers have not yet capitalized on this strategy.</p>
<p>Something to consider if increasing your savings by 30% or 50% or MORE is something that interests you.</p>
<p><a title="Online Affiliate Package - Cut your tax bill." href="http://offshoresecrets.com/online-affiliate-package.php" target="_blank">Offshore Affiliate Package</a></p>
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		<title>Determining a good offshore service provider from a bad one.</title>
		<link>http://ronmendelson.com/2008/11/determining-a-good-offshore-service-provider-from-a-bad-one/</link>
		<comments>http://ronmendelson.com/2008/11/determining-a-good-offshore-service-provider-from-a-bad-one/#comments</comments>
		<pubDate>Sun, 16 Nov 2008 23:20:44 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Offshore Financial Articles]]></category>
		<category><![CDATA[kitchen table middleman]]></category>
		<category><![CDATA[offshore banking]]></category>
		<category><![CDATA[offshore business]]></category>
		<category><![CDATA[offshore incorporation]]></category>
		<category><![CDATA[shady]]></category>

		<guid isPermaLink="false">http://www.ronmendelson.com/?p=48</guid>
		<description><![CDATA[In the international business &#38; financial arena, experience is worth itâ€™s weight in gold.
Before sending your hard earned monies to a so called &#8220;offshore services provider&#8221; make sure you have [...]]]></description>
			<content:encoded><![CDATA[<p>In the international business &amp; financial arena, experience is worth itâ€™s weight in gold.</p>
<p>Before sending your hard earned monies to a so called &#8220;offshore services provider&#8221; make sure you have all the facts needed to make an informed evaluation.</p>
<p>- How old is the business ( demonstrates their credibility, dependability and experience )</p>
<p>- When was their URL registered ( common deception &#8211; for example they tell you they have 10 years of experience, but their URL was registered in the last 1-3 years)</p>
<p>- Where are they physically based</p>
<p>- Are they incorporated where they are physically based</p>
<p>- What is their physical business address</p>
<p>- May you visit their offices should you desire.</p>
<p>- Who is their principal(s) and what is their experience</p>
<p>For example:</p>
<p>- if they are offering Panama Companies, are they based in Panama?</p>
<p>- if they are offering Costa Rica companies, are they based in Costa Rica?</p>
<p>I am sure you will be surprised that many of the so called &#8220;offshore service providers&#8221; have never even visited the jurisdictions they claim to be experts in.</p>
<p>- Determine their physical location</p>
<p>If you cannot determine more than a web site and voicemail/VOIP Phone/Skype &amp; Maildrop for your proposed offshore service provider &#8230;..find one who does.</p>
<p>ALL reputable offshore service providers will at least have a PHYSICAL street address and a local telephone as you would expect from any professional (lawyer, accountant, etc).</p>
<p>This should be prominently displayed on their web site and/or literature.</p>
<p>If they claim they need to protect their privacy/confidentiality donâ€™t buy that excuse as it is not really an issue here, frankly what reputable professional hides from their client(s)?</p>
<p>Also beware offshore service providers with incorporation in one country, addresses in another country and telephones in yet another country. This is usually a sign of someone operating their business from their spare bedroom or kitchen table.</p>
<p>A professional and reputable offshore service provider will usually be registered as a local, domestic company where their physical offices are located, with its local address, director/manager/principals information displayed.</p>
<p>If you do not find this information clearly displayed, odds are itâ€™s just an internet-based middleman.</p>
<p>These internet based middlemen as usually based ONSHORE (USA, Canada or UK) and use virtual servers located offshore to send and receive email to either mislead their potential clients into believing they are physically located offshore and/or these shady operators are under the false belief that data is protected and secure this way. However, the harsh reality is should they ever be subpoenaed by law enforcement, this data will be compromised, without exception, as the alternative to these onshore providers is their own incarceration.</p>
<p>So, if your prospective offshore service provider does not clearly identify their principals, directors, managers, legal status, their geographical location and the like &#8230;. find one who does!</p>
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		<title>Avoiding the Myths of Offshore Bank Accounts</title>
		<link>http://ronmendelson.com/2008/02/avoiding-the-myths-of-offshore-bank-accounts/</link>
		<comments>http://ronmendelson.com/2008/02/avoiding-the-myths-of-offshore-bank-accounts/#comments</comments>
		<pubDate>Sat, 09 Feb 2008 15:17:54 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Offshore Financial Articles]]></category>

		<guid isPermaLink="false">http://www.ronmendelson.com/2008/02/09/avoiding-the-myths-of-offshore-bank-accounts/</guid>
		<description><![CDATA[ Offshore bank accounts may be touted as the solution to every legal, financial and asset protection strategy but the myth of the working of an offshore bank account are [...]]]></description>
			<content:encoded><![CDATA[<p> Offshore bank accounts may be touted as the solution to every legal, financial and asset protection strategy but the myth of the working of an offshore bank account are often much more exaggerated than the reality. That said, offshore bank accounts do have benefits for individuals and companies but before you go out to open an offshore bank account either for yourself or for your company you must not only be aware of the facts but of a lot of other ancillary issues as well.</p>
<p>The first thing any individual should consider before rushing out to open an offshore bank account is their purpose of doing so. Read about offshore bank accounts and their benefits and look at your situation and see if you stand to benefit directly in your way of life and the nature of your business by opening one of these bank accounts. Opening an offshore bank account for the hell of it or just as a reason to crow to your friends is simply not worth it.</p>
<p>Another issue of concern with the offshore bank account is the location in which the bank account is being opened. Make sure the individual or company which is helping you open the bank account is well informed about the legal factors that may concern you in the country where this account is being opened. Also make sure the country the bank account is being opened has a stable economy and not one that is bound to collapse and seize your money along with it.</p>
<p>The third factor of concern about offshore bank accounts is the offshore bank itself. Individuals and companies should make sure that the bank they are about to maintain an account with has a history as well as a good reputation. Most offshore jurisdictions require low costs for people who wish to purchase banking licenses. This may result in unscrupulous individuals opening a bank without a reputation with the sole aim of taking advantage of unsuspecting customers.</p>
<p><strong>About the author:</strong></p>
<p>Ron Z. Mendelson, Managing Partner at Offshore Secrets Network, is a recognized leading expert in wealth management. Offshore asset protection and international business.</p>
<p>His expertise covers various fields including: wealth management &amp; protection, international investment, foreign asset protection structures, international business corporations, international banking, offshore online gaming business services , and traditional e-commerce business services.</p>
<p>Ron Z. Mendelson<br />
Managing Partner<br />
Offshore Secrets Network SA<br />
1 888 249 9430<br />
<a href="http://offshoresecrets.com/">http://offshoresecrets.com</a></p>
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		<title>Definition of an Offshore Bank Account</title>
		<link>http://ronmendelson.com/2008/02/definition-of-an-offshore-bank-account/</link>
		<comments>http://ronmendelson.com/2008/02/definition-of-an-offshore-bank-account/#comments</comments>
		<pubDate>Wed, 06 Feb 2008 20:09:58 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Offshore Financial Articles]]></category>

		<guid isPermaLink="false">http://www.ronmendelson.com/2008/02/06/definition-of-an-offshore-bank-account/</guid>
		<description><![CDATA[An offshore bank account may simply be described as: â€œa bank account maintained by an individual or business in a jurisdiction which they are not normally a resident ofâ€. Basically [...]]]></description>
			<content:encoded><![CDATA[<p>An offshore bank account may simply be described as: â€œa bank account maintained by an individual or business in a jurisdiction which they are not normally a resident ofâ€. Basically what this long phrase means is that if you are a British citizen and you open a bank account in somewhere like Spain for example, the bank account in Spain is considered an offshore bank account. This example also works in the vice-versa case.</p>
<p>Countries often offer non-residents certain benefits which can be derived by opening accounts there. Spain for example may choose to promulgate banking laws that favor non-residents and not locals for a variety of reasons. The reason for such legislation would be most likely in order to attract foreign investment into the country. If you reside in Britain for example and have funds in a bank account in Spain its most likely you wonâ€™t be withdrawing your money every other day of the week. This assumption also affects the logic that money kept within the banking system bears profit for not only the owner of the bank account but the bank and the local economy as well.</p>
<p>Despite these benefits people are more likely to find better offshore bank accounts in smaller legal jurisdictions such as the Isle of Man, Panama, Jersey or the Canary Islands. Hence most people often assume that an offshore bank account means one that is located on some island located halfway around the world. The reason most people prefer offshore bank accounts in such jurisdictions is because they charge less tax, have more secrecy laws and offer better interest rates. Banks located in much more developed countries where stricter laws exist and banks have to constantly reduce the amount of interest offered to customers in order to meet the profit margins expected by their shareholders.</p>
<p><strong>About the author:</strong></p>
<p>Ron Z. Mendelson, Managing Partner at Offshore Secrets Network, is a recognized leading expert in wealth management. Offshore asset protection and international business.</p>
<p>His expertise covers various fields including: wealth management &amp; protection, international investment, foreign asset protection structures, international business corporations, international banking, offshore online gaming business services , and traditional e-commerce business services.</p>
<p>Ron Z. Mendelson<br />
Managing Partner<br />
Offshore Secrets Network SA<br />
1 888 249 9430<br />
<a href="http://offshoresecrets.com/">http://offshoresecrets.com</a></p>
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		<title>Incorporating Your Company Offshore for Legal Purposes</title>
		<link>http://ronmendelson.com/2008/02/incorporating-your-company-offshore-for-legal-purposes/</link>
		<comments>http://ronmendelson.com/2008/02/incorporating-your-company-offshore-for-legal-purposes/#comments</comments>
		<pubDate>Wed, 06 Feb 2008 20:08:19 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Offshore Financial Articles]]></category>

		<guid isPermaLink="false">http://www.ronmendelson.com/2008/02/06/incorporating-your-company-offshore-for-legal-purposes/</guid>
		<description><![CDATA[If youâ€™re looking for a reason to incorporate your company offshore, try legal purposes. Being a lawyer in a country like the United States or other countries that share similar [...]]]></description>
			<content:encoded><![CDATA[<p>If youâ€™re looking for a reason to incorporate your company offshore, try legal purposes. Being a lawyer in a country like the United States or other countries that share similar economies is often a profitable profession. Without the services of lawyers in such countries you might as well wait moments for your business to run aground due to legal issues. Someone somewhere is always hanging around wanting to sue you for something, if itâ€™s not a disgruntled former employee; itâ€™s a customer who is at fault (although the law may say otherwise) or someone with a grudge or the intent to make a quick buck. So then you have to pay your lawyers the highest fees for their best services in order to protect yourself from other lawyers and your business ends up picking up huge legal costs. If unfortunately you lose one big case worth some millions of dollars your company can simply disappear overnight.</p>
<p>Would you have a business and rather hang around waiting for someone to sue you or for your lawyer to charge you for everything billable? The smartest thing to do would be to incorporate a company offshore in order to render your services on a global scale without suffering the risk of legal consequences. When people with a grudge want to sue you they can always calculate the costs of chartering a plane to sue your company located in an offshore jurisdiction with a legal system that they have no knowledge of.</p>
<p>Besides that most offshore countries have a legal system that is designed to protect businesses incorporated there. Some of the legal claims you can make against a company in the United States canâ€™t be made against a company located in Panama or St. Kitts and Nevis. Such countries have a much more restrictive legal system that protects you and the nature of your business and saves you from the loss you would experience in your home country.</p>
<p><strong>About the author:</strong></p>
<p>Ron Z. Mendelson, Managing Partner at Offshore Secrets Network, is a recognized leading expert in wealth management. Offshore asset protection and international business.</p>
<p>His expertise covers various fields including: wealth management &amp; protection, international investment, foreign asset protection structures, international business corporations, international banking, offshore online gaming business services , and traditional e-commerce business services.</p>
<p>Ron Z. Mendelson<br />
Managing Partner<br />
Offshore Secrets Network SA<br />
1 888 249 9430<br />
<a href="http://offshoresecrets.com/">http://offshoresecrets.com</a></p>
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		<title>Offshore Company Formation and Reporting Advantages</title>
		<link>http://ronmendelson.com/2008/02/offshore-company-formation-and-reporting-advantages/</link>
		<comments>http://ronmendelson.com/2008/02/offshore-company-formation-and-reporting-advantages/#comments</comments>
		<pubDate>Wed, 06 Feb 2008 19:58:28 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Offshore Financial Articles]]></category>
		<category><![CDATA[benefits]]></category>
		<category><![CDATA[company]]></category>
		<category><![CDATA[formation]]></category>
		<category><![CDATA[offshore]]></category>
		<category><![CDATA[reporting]]></category>

		<guid isPermaLink="false">http://www.ronmendelson.com/?p=4</guid>
		<description><![CDATA[If youâ€™ve ever registered or operated a business in a country like the United States or the United Kingdom, you must know how it is with endless documents you have [...]]]></description>
			<content:encoded><![CDATA[<p>If youâ€™ve ever registered or operated a business in a country like the United States or the United Kingdom, you must know how it is with endless documents you have to fill and endless fees you have to pay. At the end of every financial year you need to get out a pen and calculate all the amounts of money you owe various government establishments and you need to decide according to national and local business laws what part of the operation of your business you can consider tax deductible or not. Simply put, the hassles of reporting the details of the operation of a business in a jurisdiction such as the United States or the United Kingdom are beyond comprehension and quite stressful.<br />
</p>
<p>If you want to avoid the stress of having to fill endless forms, paying endless fees and having to report every minute detail about your business, you could simply take the easy road and incorporate your company offshore. Offshore company formation takes place in jurisdictions that bother less about the nitty-gritty details of your business and more about earning a small percentage of the profits you make through taxes. Because these jurisdictions have little or no business industries that generate income for the running of their economies, they offer incentives to business owners who wish to set up companies in their country. These incentives are generally aimed at making it easier for business owners to do business offshore than in their home countries.<br />
</p>
<p>With offshore company formation you save yourself the headache of calculating the fees for skilled lawyers and accountants (who probably charge a kingâ€™s ransom) telling you what to fill where and how much to pay. Even after filling these business reporting forms woe betide you omit one and you have the legal forces of the government come after you.<br />
Offshore jurisdictions may require you report the details of your business but certainly not with as many requirements. Even though you may need a lawyer or an accountant the costs come at a huge fraction of what youâ€™d normally be charged elsewhere.</p>
<p><strong>About the author:</strong></p>
<p>Ron Z. Mendelson, Managing Partner at Offshore Secrets Network, is a recognized leading expert in wealth management. Offshore asset protection and international business.</p>
<p>His expertise covers various fields including: wealth management &amp; protection, international investment, foreign asset protection structures, international business corporations, international banking, offshore online gaming business services , and traditional e-commerce business services.</p>
<p>Ron Z. Mendelson<br />
Managing Partner<br />
Offshore Secrets Network SA<br />
1 888 249 9430<br />
<a href="http://offshoresecrets.com/">http://offshoresecrets.com</a></p>
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