| Subject | Date Asked |
|
| locating an old trust account | 10/30/2008 |
Q: Both my parents passed away within the last year. There was a will. However in the will there was no ...
A: A trust is totally separate from a will and as such would necessarily need to be mentioned in the ...
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| US Citizens who have safe-deposit boxes located on swiss soil | 9/20/2008 |
Q: Are, United States citizens required to report to the Internal Revenue Service, any bank ...
A: No. But the IRS and other government entities would probably consider this a required reporting ...
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| US Citizens who have safe-deposit boxes located on swiss soil | 9/20/2008 |
Q: Are, United States citizens required to report to the Internal Revenue Service, any bank ...
A: This is not a crime, and I do not believe there are any reporting requirements. But it is not the ...
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| stolen checks | 9/12/2008 |
Q: My mom just found out that two checks was stolen out of her check book. They was wrote out in the ...
A: The bank MUST refund the checks. However, your mother MUST follow through with the proper ...
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| Scam Check | 8/22/2008 |
Q: i received a check, deposited it, bank said 5 days to clear, i took money out, check then came back ...
A: I would ask them that. You owe them the money. Although you were deceived by whoever gave you that ...
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| Privacy of overseas banks with USA branches | 8/20/2008 |
Q: How protected are overseas banks from US creditors if those banks also have USA operations? For ...
A: First of all, an oversea bank WILL NOT PROTECT YOU. There is nothing that setting up and oversea ...
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| Equity stripping real estate with offshore LLC | 8/20/2008 |
Q: I own a free/clear vacant lot of substantial value. I wish to equity strip it with some sort of ...
A: This is probably the more expensive and complicated way to do it. And there are probably simpler and ...
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| making a deposit from an irish account into my american account | 8/14/2008 |
Q: I am an American citizen by naturalistion, Ireland being my country of origin. I have approx. 130k ...
A: It would be a good idea to keep records. I doubt you will here anything back from the IRS. But if ...
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| Divorce in Belize | 7/21/2008 |
Q: I am a U.S. citizen from Texas. I am living back in Texas as of right now but used to live in ...
A: If you live in Texas, and you meet the residence requirements (which I believe is 6 months), then ...
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| BVI Company and Banking | 7/9/2008 |
Q: I am confused about the apparent popularity of BVI companies with Americans doing business abroad. ...
A: I did not think you were being flippant, and I hope that you did not think I was being flippant. I ...
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| BVI Company and Banking | 7/9/2008 |
Q: I am confused about the apparent popularity of BVI companies with Americans doing business abroad. ...
A: Well I am not a big fan of the BVI, but not for the reasons you describe. What you are describing is ...
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| H1B, International Business, US Bank | 7/5/2008 |
Q: Hay: My background I am on H1B US visa and am enjoying my work and stay here. My work is in ...
A: You discuss the various things you are aware: (essentially you cannot do anything other than work ...
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| Opening an account with bad credit | 6/19/2008 |
Q: I am trying to find a bank or other financial institution that doesn't really care about my credit ...
A: I don't know how much you owe in bad checks (this is the problem -- not bad credit). Depending upon ...
|
| remainderman | 6/13/2008 |
Q: This may be out of your field but will ask anyway. Does this make sense and can it be done. I want ...
A: Well there are lot's of reasons not to do it. First of all, forcing your heirs to keep property ...
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| Taxes on Inheritance | 5/20/2008 |
Q: I recently learned my late uncle in Malaysia left me a sum of 15.5 million dollars. However, I live ...
A: There are no taxes on this sort of gift. I know of no forms you need to fill out. Now be very ...
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| immigration (mexico) | 5/14/2008 |
Q: I don't think this is in the proper category, but here any quick insight would be wonderful. I'm ...
A: I am sorry that the attorney was not nice, but I suspect he was accurate. I suspect you are just not ...
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| checking account | 5/13/2008 |
Q: A husband has just passed away. The only checking account was in his name only. Deposited to this ...
A: Maybe. Depending upon whether or not he had a will, depending upon whether or not there is a Small ...
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| How to pay a company overseas | 4/17/2008 |
Q: I own a small business here in California and I'm in need of outsourcing/contracting a company ...
A: Well this really depends upon the company itself. If it has accounts in the USA it is possible that ...
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| Offshore bank account | 4/11/2008 |
Q: Good day I live outside the USA (in South Africa) I want to open an offshore US bank account so I ...
A: Yes, you can do this. In fact it is my primary business activity. First I would advise you to go ...
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| Disabled income transfer from Mexico | 2/10/2008 |
Q: I am a disabled person recently gone onto social security from SSDI and living in Mexico. Over the ...
A: I don't think you have to be afraid because you have been able to live carefully and save money. If ...
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| US res alien emigrating to Canada: SSN? | 10/30/2007 |
Q: I am very nearly done with the long process of acquiring a Canadian PR visa. I am a British ...
A: I must admit, I don't understand your question???? But I will try to address the issues as best I ...
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| offshore bank a/cs | 5/25/2007 |
Q: i would like to know wether a person not living in the usa can open a bank a/c and which banks offer ...
A: It is extremely difficult to open a bank account in the USA without being here. However, you may ...
|
| Buying a property in Belize | 4/9/2007 |
Q: I would like to buy an investment property in Belize, but I can't seem to find a US bank that does ...
A: No. Belize is a cash and carry place. And I would think twice about making an "investment" in ...
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| Executor papers | 4/6/2007 |
Q: A friend has passed away. She had a mortgage loan on RE property, but the property had been deeded ...
A: I am not sure what needs to be done, but I believe you are correct. A death certificate serves to ...
|
| bank and online gambling | 4/4/2007 |
Q: can the bank sue me for online gambling? The bank know i was using the money to play poker because ...
A: If you borrowed money from the bank and then didn't pay, they can sue you. It has nothing to do with ...
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| Bank accounts | 3/29/2007 |
Q: My father just passed away on 3/1/07 and my mother is trying to have access to his account. Wells ...
A: Because your mother has no absolute right to the money. What if there was a will giving someone ...
|
| My father's accounts | 3/28/2007 |
Q: My Father passed away on March 1st. I am is only child and he has been divorced over 20yrs. He has ...
A: well first of all if there is any evidence of funds being removed you need to let the banks now he ...
|
| regrding US BANK ACCOUNT for Non-Us Citizens | 3/27/2007 |
Q: Iam venugopal from INDIA. I will be earning money from USA through onlinemarketting.Iam facing some ...
A: I would be happy to help you: http://www.TaxHavenUSA.com/ This will give you the ability of ...
|
| deposits | 3/26/2007 |
Q: Last year I noticed that a deposit had been made in to my account not by me. I looked at the deposit ...
A: Why should the bank get in trouble??? Every time you write a check you are giving your account ...
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| BVI company to buy property in the US? | 3/25/2007 |
Q: i am a US citizen and I am currently working outside the US. I would like to register an offshore ...
A: This is what I do for a living, and I would love to chat with you about it. However, it sounds to ...
|
| Checks | 3/23/2007 |
Q: Where , If any , can I find out if a check < That I will deposit or cash , is good , ? What is the ...
A: then you are screwed. It is very unwise to spend money that you do not know if you have. ...
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| Checks | 3/22/2007 |
Q: Where , If any , can I find out if a check < That I will deposit or cash , is good , ? What is the ...
A: There is no 100 way of doing this, but most banks will tell you you if the check is valid and if the ...
|
| check deposit issue | 3/19/2007 |
Q: A check i wrote to my landlord cleared my bank a month ago but my landlord has no record of it being ...
A: Then he is wrong. You submitted to him a check which he deposited. If he wants to resolve the ...
|
| Business Account | 2/22/2007 |
Q: I went through the nastiest divorce in history. How do I open a Business Bank account when I have ...
A: A certain amount of time can pass. Until then you may want to think about setting up a simple LLC ...
|
| banking laws | 1/27/2007 |
Q: I might be coming in to a nice some of money soon, and the bank told me they only would insure up to ...
A: Open more than 1 account at different banks? But note, as you increase your "safety", you usually ...
|
| bank question | 1/22/2007 |
Q: I have an amount of money and need to put it in the bank as a CD to get some interest every month ...
A: Why on earth would you do that????? I don't even understand your question??? You are just going to ...
|
| Accounts | 12/18/2006 |
Q: I am from Macedonia and I want to sell online,but,since Macedonia is not on the country list ...
A: Yes. I help people to establish US companies owned by foreigners which allows them to sell on ebay ...
|
| LLC Banking Structure | 10/29/2006 |
Q: My father and I are in business together as mortgage loan officers. We are 1099 "independent ...
A: I personally think this is a mistake unless you have the entity structured to be treated as a ...
|
| offshore acct INTERNET POKER | 10/7/2006 |
Q: recently the USA has passed a stupid bill banning online poker. my question is how to get around ...
A: Oh, I would just ask the sites themselves. I suspect they are going to encourage you to use egold or ...
|
| Setting up a LLC in Belize | 10/7/2006 |
Q: My brother wants to purchase a small amount of land (perhaps several acres) in Belize to retire and ...
A: First of all, there are no LLCs in Belize. But the normal way is to establish a Belize company and ...
|
| offshore acct INTERNET POKER | 10/7/2006 |
Q: recently the USA has passed a stupid bill banning online poker. my question is how to get around ...
A: I am not sure if you are talking about playing online poker or actually running a business of ...
|
| Setting up a corporate account for a offshore company | 9/27/2006 |
Q: I've hired someone to oversee the whole project and forwarded him your message. We're going to ...
A: After everything becomes a complete and total mess, give me a call!!! Hehehehe. I've dealt with ...
|
| Setting up a corporate account for a offshore company | 9/26/2006 |
Q: This is Frank Smith here and I could REALLY use some help! I've started a offshore company in Belize ...
A: Yes, I can help, but you have discovered the real problem with obtaining second rate service through ...
|
| Foreign accounts? | 5/4/2006 |
Q: Hay, This is a strange question. I'll get right to it. About a month ago I began to receive ...
A: This was a very long message, and I usually don't even read these, let alone answer them, and I must ...
|
| US Citizen to work in Belize- Tax implications etc. | 4/21/2006 |
Q: I am considering a position in Belize, I would be moving there indefinitely and running a resort. I ...
A: You should really look into these issues of living as an expat before you go. There are some real ...
|
| e-business in Delaware | 3/22/2006 |
Q: You have reason. In the first, the best option for non-US citizens is a LLC, as it is indicated in: ...
A: I prefer Texas. No taxas like all the rest, but add a vibrant and diverse local economy. The next ...
|
| e-business in Delaware | 3/17/2006 |
Q: I am from Spain, and I am going to open a web service. I have been making searches on Internet, and ...
A: I must tell you that you have received some very bad advise. Of course you are not alone. I am not ...
|
| off-shore banking! | 12/19/2005 |
Q: what country and bank would you reccomend to avoid the tax mann, have acces to funds any time any ...
A: A great deal depends upon where you are located. If you not a US citizen, and you do not live in the ...
|
| re: Belize trust | 12/13/2005 |
Q: A EU company, which is doing business in Europe & sells software, is owned by a Belize IBC with a ...
A: Indeed it does. There are some very tricky things that you have to be careful about, for as it ...
|
| Offshore Bank | 10/3/2005 |
Q: Please do give me the names of the good ones ignore the issue of documentation.Thanks for your ...
A: I am sorry, but that is impossible. What is good for one person will not be good for another. And ...
|
| Inquiry | 7/28/2005 |
Q: Please if I get an ITIN, will I be paying tax?How long will it take to get the ITIN if you do it for ...
A: Whether or not you pay taxes will have nothing to do with an ITIN. If you are a non-resident alien ...
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| Inquiry | 7/26/2005 |
Q: 1)Can one use an ITN when asked for a SSN(Social security number) like when one is applying for a ...
A: Yes, and in fact that is exactly what an ITIN is for. It cannot be used to suggest that you are ...
|
| banking | 5/10/2005 |
Q: i would very much like to take your offer. can you give me details of facilities the account would ...
A: Well one system I offer for non-US residents who do not plan on doing any business in the US is a ...
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| Saving money for life | 5/2/2005 |
Q: Ok well, what I want to do is save up money until im about 40, right now im 16 years old, and I ...
A: Yes. this can be done. In fact it is done quite often. In fact, a lot of people come to me, and I ...
|
| Bank account | 4/30/2005 |
Q: I reside in Nigeria,Africa and would like to open a bank account in the U.S for certain businees ...
A: I have a program that involves establishing a Belize Trust which then opens a US bank account. Such ...
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| Foreign deposits | 4/27/2005 |
Q: I am aware that Uncle Sam wants to know if I make a deposit of $10,000 or more into a foreign bank ...
A: Unfortunately, you are wrong on almost every count. The US does not want to tax you on the money ...
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| Opening a Bank Account | 3/28/2005 |
Q: Where can I open a bank account for me or a company that does not require a Social Security Number ...
A: Well last time I checked Belize would let you use your passport number. Latvian banks will allow ...
|
| Money Laundering | 2/17/2005 |
Q: I am doing a speech for my Fundamentals of Public Speaking class on money laundering. I'm ...
A: Oh the ways are too numerous to describe. The amount of money that needs to be "laundered" by the ...
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| Using Banks and Bank Accounts | 1/12/2005 |
Q: What documentation would you need to do this? And again, this could be used for business purposes? ...
A: I would need a clean copy (or scan) of your passport, basic information about you, and $750.00. ...
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| Using Banks and Bank Accounts | 1/11/2005 |
Q: I read in one of your most recent answers that you could help someone to open a bank account without ...
A: Yes. There are many ways of doing this. But what seems the "easiest" might be the least practical. ...
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| fanancial aid for international students | 11/7/2004 |
Q: I,m 22 years old.I study electrical Eng in Iran.I have some properties in Iran as garantee.I ...
A: You need to concentrate on exchange programs sponsored by the countries involved. Unfortunately, ...
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| sending money overseas | 10/28/2004 |
Q: I would like to send my friend in russia money. I need to know how i go about doing this and what ...
A: well this will depend more upon your friend than you. In the US you can send money many different ...
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| offshore merchant accounts | 9/25/2004 |
Q: I am in the tour business and am having trouble securing a merchant account because I am considered ...
A: Yes. I work with a company that is quite effective, allows me to bill in almost any currency, and ...
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| Foreign Bank Deposits | 9/25/2004 |
Q: Alexander: I don't know if you have exoerience in this area, but I would like to deposit some money ...
A: First of all, putting money in a "Swiss Bank" is only useful if you are going to Switzerland, and ...
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| Moving to the States. | 8/27/2004 |
Q: Sorry, I guess I wasn't clear enough, I meant bank fees, whats the best way of getting money into an ...
A: simply wire the funds is the fastest. There may be a small fee, depending upon the bank, to receive ...
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| US banking for expats | 7/9/2004 |
Q: I am a US citizen residing in Hong Kong. I still keep my bank account with the US Bank. However, ...
A: Not that I know of. But think about issues of investing and safety. FDIC insurance costs a ...
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| frozen account | 6/21/2003 |
Q: I've been the victim of a scam. I was sent a $5,000.00 counterfeit check. I deposited the check in ...
A: Call the police, and pay attention to warnings about how every single person doing business in ...
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| offshore companies buying property in Italy | 4/16/2003 |
Q: offshore companies buying property in Italy, can they? thanks nikki
A: First of all in answering this question, I wish to correct a misnomer: Offshore Companies. There ...
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