Blog: The Lesperance Letter
How to buy a second passport the right way: advice for all Chinese businesspeople!
Chinese businesspeople who bought a second passport after a Google search and simple price comparison are learning they might have made a deadly mistake! Here we discuss how Chinese and Hong Kong citizens can buy a second passport the right way. Recent revelations...
Back Up Plans for High Net Worth Americans? Anyone who feels certain about the US political and tax future is just fooling themselves.
The next year and a half may see much change in the US. There is much uncertainty about how things may change in the run-up to the January 2021 inauguration of the 46th POTUS and 117th Congress. Formulating effective Back Up Plans for High Net Worth Americans are...
Why The Wealthy are Leaving Mexico. Mexicans are the Latest Group to be Eying the Exit!
A new government and legislation means that the wealthy are leaving Mexico. Read on to discover why this is happening. In the spring of 2018 I suddenly began to receive inquires from wealthy Mexicans and their advisors. The simple reason was the upcoming July...
UK Election 2019 | UK Non-Dom Status under threat if it’s a Labour win – are you prepared?
The imminent UK General Election poses a potential threat to the wealthy in the event of a Labour win. Those who currently enjoy the privileges of UK Non-Dom Status could see those advantages abolished if Corbyn moves into Number 10. Discover why many of the UK...
Why do you need a Back-Up Plan? What Causes Someone to Consider Hiring Me?
My most requested service is the preparation of customized Back-Up Plans. A Back-Up Plan is a comprehensive citizenship, residence and domicile solution that “plans for the worst…and hopes for best”. Here I look at the reasons my clients have for deciding to take the...
How The Cyprus Second Passport Program could be seriously damaged by irrational changes!
The Cyprus Second Passport Program has proven tremendously popular in recent years. However, proposed changes that threaten the privacy of its applicants may seriously damage its value. I examine why the changes have been proposed and why they are irrational and...
Permanent residence status and returning after an absence: the cost of failure vs the cost of doing it right
Once you have obtained Permanent Residence status in your chosen country you may think the path is clear. In fact long absences can make put your permanent residence status in jeopardy. We work closely with our clients – and their advisors – to ensure that any issues...
Tax Billionaires out of Existence?…. How Back Up Plans Explode the Myth
Economist Thomas Picketty has proposed a tax plan that will 'abolish' millionaires. What he neglects to consider is that effective Back Up Plans made by the world's richest will negate the possibility of this ever happening. When I became a lawyer almost 30 years ago...
Financial Back Up Plans for Silicon Valley Executives: What Founders, Early Employees and Venture Capitalists may want to Consider.
In High Net Worth America Silicon Valley Executives require specialist thinking when it comes to formulating Financial Back Up Plans. I have spent almost three decades assisting High Net Worth Americans put together their personal Back-Up Plans which, in some cases,...
Did you receive or apply for a US EB-5 Visa? If yes, you should realize that the IRS may be hot on your trail!
When the US EB-5 Visa Program was introduced in 1990 it was predicted to be a significant development in the Residence by Investment market. However, it was almost 14 years before the program began to reach its annual quota of 10,000 visas. The “game changer” for this...
Did you acquire Canadian Permanent Residence under the Investor category? If so, Canada is checking up on you … and that’s very bad news!
If you acquired Canadian Permanent Residence under the Investor category then this blog will keep you informed of any potential threats that might impact upon you and your family. In my blog posts For HNW Chinese the need for a Back-Up Plan is profound: Don’t leave...
New Immigrant Tax Evasion: It works right up to the moment it stops working!
Immigrant Tax Evasion is a short cut some HNW individuals take within their back up plans. Read about how this solution is short sighted (and illegal) and how they are better, safer and legal roads to financial security. During my almost three decades of providing...