The Lesperance Letter
Did you acquire Canadian Permanent Residence under the Investor category? If so, Canada is checking up on you … and that’s very bad news!
In my blog posts For HNW Chinese the need for a Back-Up Plan is profound: Don’t leave yourself and your family under two storm clouds of risk! and New Immigrant Tax Evasion: It works right up to the moment it stops working! I described some of the dangers that those...
New Immigrant Tax Evasion: It works right up to the moment it stops working!
During my almost three decades of providing professional advice to HNW individuals, I have observed a disturbing phenomenon. Some - thankfully not my clients - look for the benefits of a back-up plan for themselves and their families, but want to skirt the tax...
For HNW Chinese the need for a Back-Up Plan is profound: Don’t leave yourself and your family under two storm clouds of risk!
Yesterday the global public was able to catch a glimpse of the reality facing HNW Chinese businesspeople when a video of US citizen Cynthia Liu was smuggled out of China and released to the media. Ms. Liu, a 28 year old Harvard Business School grad who works in NYC ...
Should I stay or should I go? A Four Step Decision Process on whether to Expatriate from the US
Since 1990, I have assisted literally hundreds of HNW Americans in deciding whether they should take the steps to legally and properly leave the US tax system by either renouncing their US citizenship or giving up their Resident Alien status. This is a complex...
Freedom is a Common Goal…but Seasteading is currently not a Viable Way of Achieving it.
Freedom is a Common Goal…but Seasteading is currently not a Viable Way of Achieving it. Throughout modern history, many people have dreamed of freeing themselves of what they perceive to be the shackles of their government. Excessive taxation, over-regulation of...
Case Study: Brazilian HNW Family Almost Replicates Friend’s Poorly Conceived Back-Up Plan
Case Study: Brazilian HNW Family Almost Replicates Friend's Poorly Conceived Back-Up Plan Like many wealthy Brazilian families, this client had multi-generational experience with changing political environments and their impact on the economy, including the...
Britain’s Wealthy are packing Parachutes and that spells trouble for the rest of the UK!
Britain’s Wealthy are packing Parachutes and that spells trouble for the rest of the UK! The Times recently ran a feature noting that a large number of the UK’s wealthiest individuals have fled for more favourable fiscal climates. It also noted that this trend has...
Seven Ways Golden Geese self-sabotage their own Back-Up Plans (Part 3)
Seven Ways Golden Geese self-sabotage their own Back-Up Plans (Part 3) In almost three decades of assisting Golden Geese (aka High Net Worth individuals) with their Back-Up Plans, I have often observed certain behaviours by the clients themselves that undermine their...
Seven Ways Golden Geese self-sabotage their own Back-Up Plans (Part 2)
Seven Ways Golden Geese self-sabotage their own Back-Up Plans (Part 2) In almost three decades of assisting Golden Geese (aka High Net Worth individuals) with their Back-Up Plans, I have often observed certain behaviours by the clients themselves that undermine their...
Seven Ways Golden Geese self-sabotage their own Back-Up Plans (Part 1)
Seven Ways Golden Geese self-sabotage their own Back-Up Plans (Part 1) In almost three decades of assisting Golden Geese (aka High Net Worth individuals) with their Back-Up Plans, I have often observed certain behaviours by the clients themselves that undermine their...