130 countries agree to aim for a global minimum corporate tax of 15%, says the G7. Don’t hold your breath, writes David Lesperance.
US consulates haven’t been taking renunciation appointments for over a year, ostensibly because of COVID. David Lesperance isn’t buying it.
Many Americans still harbor serious myths and misunderstandings about alternative residences and citizenships, writes David Lesperance.
David Lesperance is glad to see Chairman Warsal begin to tackle shortcomings in Vanuatu’s CIPs but points out that there’s more work to be done.
David Lesperance: Democrat Senators’ assertions notwithstanding, US citizens are renouncing citizenships at the mere prospect of wealth taxes.
Though poorly managed and structured, the CIP was a boon to the Cypriot economy. Michel de Martigny and David Lesperance offer a recipe for how to build back better.
In this second installment of David Lesperance’s series on effective backup plans, the writer outlines three indispensable components.
History is replete with examples of wealthy families who lost everything for lack of a comprehensive backup plan, writes David Lesperance.
Vanuatu’s deputy PM concedes the country’s CIP investors are still just honorary citizens and that he plans to give them a yellow passport.
Media reports this month say the pandemic is driving record expatriation. The reality, writes David Lesperance, is exactly the opposite.
Three major developments have increased the likelihood of EU countries adopting citizenship-based taxation, writes David Lesperance.
Hong Kong’s BN(O)s thinking of taking up the UK’s visa offer must be ready to burn personal and financial bridges, writes David Lesperance.
After much discussion, David Lesperance remains unconvinced that Vanuatu’s citizenship by investment programs grant anything but honorary citizenship.
“Honorary citizenship is like being honorarily pregnant; it does not produce the desired result,” writes David Lesperance in his critique of Vanuatu’s CBI.
Different trigger events can derail your client’s future citizenship by investment plans. It’s your job to shake them out of their false sense of security.
Making the purchase of a CBI the first step in planning your financial future is like making a visit to Home Depot the first step in planning your dream home, writes David Lesperance.
When planning citizenship, visas, and tax residency, trying to do it yourself can be worse than doing nothing at all, writes David Lesperance.