Mark Nestmann's Contributions

Massive Numbers of People Are Renouncing US Citizenship

Mar 2 – Record numbers of Americans are saying goodbye to the US and our next guest, Mark Nestmann, thinks this is just the beginning. In this podcast, we explain why, including a wide-ranging discussion on tax haven USA, foreign...

Mark Nestmann: The U.S. Is by Far the World’s Largest Tax Haven

Sep 2 – Cris Sheridan welcomes Mark Nestmann, President of The Nestmann Group Ltd. Mark and Cris discuss the tax advantages of foreign investors in the US, and how those advantages are about to be even greater for foreign...

Mark Nestmann: New FATCA Laws Are Not the End of America

Sep 4 – Jim welcomes back Mark Nestmann, President of The Nestmann Group, Ltd., an international consultancy assisting individuals to achieve their wealth preservation goals. Mark and Jim discuss the complex and restrictive provisions of FATCA...

Mark Nestmann: Puerto Rico’s New Tax Incentives – Too Good to Be True, for Now

May 1 – Jim welcomes back Mark Nestmann, President of The Nestmann Group, Ltd., an international consultancy assisting individuals to achieve their wealth preservation goals. Mark and Jim discuss Act 20 and Act 22, recent laws...

The Secret Reason Germany Wants to Join the NSA “Spy Club”

For me, one of the most ironic aspects of the Edward Snowden spy scandal is watching the reaction of foreign governments to it.

Expatriate Roundtable: Has the Government Alienated Americans Living Abroad By Criminalizing the Innocent?

Oct 22 – Jim welcomes Mark Nestmann, President of the Nestmann Group, Ltd.; Marylouise Serrato, Executive Director of American Citizens Abroad; Daniel Küttel, an American expatriate living in Bremgarten, Switzerland; and Douglas Benedict...

What the Expat Stats Don’t Show

As you may know, the latest quarterly statistics on "expatriation" - i.e., renunciation of U.S. citizenship - were published just a few days ago.

Mark Nestmann: Protect Your Wealth and Your Freedom From the Rising Tide

Aug 8 – Jim welcomes Mark Nestmann, President of The Nestmann Group, Ltd., an international consultancy specializing in wealth preservation and international tax planning solutions. Mark discusses the rising risks and government intrusion...

When You Need to Disappear

Whistleblower Edward Snowden needs to disappear if he is to avoid kidnapping, assassination, extradition, or deportation to the United States. If you’re ever faced by a situation in which you need to disappear, right away, what would you do?

How the USA Captures Whistleblowers and Other Political Enemies

Sitting in a restaurant in Belize City last week, I was mesmerized by television reports describing NSA whistleblower Edward Snowden. Most of the press coverage of Snowden’s leaks has dealt with the breathtaking scope of the U.S. government surveillance he revealed.

Fractional Reserve Banking: It’s Not Your Money… You Only Think It Is!

In the aftermath of the forced confiscation of bank accounts in Cyprus, the question that clients ask me most is, “could it happen here?” “Here” is wherever the client lives or invests, and could be the United States, Canada, Australia, New Zealand, Switzerland, or any other country.

Switzerland Gets It

I left Zurich recently after a three-day visit. Not having visited the city in winter before, I saw a side of Zurich that I’d not previously encountered. Everything still works flawlessly, and the trains leave exactly on time–not even one minute late.

Feds Delay 30% Withholding on Outbound Capital Transfers—Again

I’ve written extensively in this blog about the destructive effects of an ill-conceived law championed by President Obama—the Foreign Account Tax Compliance Act of 2010.

French Government Chastises Its Latest Tax Exile

One of France’s best-known actors, Depardieu recently paid his French tax bill for 2012. The government’s total take? A whopping 85% of his income!

Mark Nestmann: Escape From America

Dec 6 – Jim welcomes Mark Nestmann, from the Nestmann Group LLC to discuss second passports, international tax planning, and expatriation. Mark looks at offshore tax and reporting obligations for US citizens and permanent residents, as well as what you must...

(Somewhat) Good News for U.S. Citizens Seeking Offshore Banking Solutions

U.S. investors investing offshore for the first time often wonder why offshore banks won’t accept them as clients.

Understanding the Rules Before You Transport Precious Metals Oversees Part 2

According to an article in the Houston Chronicle published in May 2010, U.S. Customs and Border Protection (CB&P) officials at Houston’s George Bush Intercontinental Airport seized nearly $160,000 in gold and silver in one month alone. It seems safe to conclude that CB&P confiscates many times this amount at other U.S. border crossings.

Understanding the Rules Before You Transport Precious Metals Oversees Part 1

While it’s perfectly legal to move precious metals in or out of the United States, you must understand the reporting rules before you begin. Otherwise, your risk confiscation of your metals along with possible civil and criminal sanctions. You’re much better off paying an armored security service such as Brinks or ViaMat to transport the metals for you.

Blowback from U.S. Role as Global Tax Cop

While those championing FATCA (beginning with President Obama) would never admit it, FATCA also has grave implications for the United States, and for U.S. citizens investing or living abroad. Here’s what I foresee in the months ahead, unless Congress repeals or indefinitely delays implementation of FATCA:

Iceland’s Example Points to European Exchange Controls

Foreign exchange (FX) controls are a popular way for governments to deal with economic crisis. Such laws and regulations typically restrict private ownership of or transactions in foreign currencies and gold.

apple podcast
Financial Sense Wealth Management: Invest With Us
randomness