The first thing you want to do if you are going “offshore” is to talk to both your Host Country Lawyer. The second thing you want to do is talk with your Offshore Company Lawyer. It both cases it is an expense that will pay off many times over.
The last thing you want to do is to conduct some business offshore that creates more problems for you back home (unless you don’t plan to come back home).
There are many reasons to go “offshore” and “overseas.” There may be natural reasons such as business opportunities such as Call Centers in English Speaking Countries like India and The Philippines. There may be a reason to take an asset “offshore” to make in more difficult for someone to have access to now or in the future. And “Asset” may be tangible such as gold or it may be intangible such as stocks, bonds or most commonly, a Bank Account.
You also may want to go Offshore and Overseas because of the weather or a lower cost of living… that may present an opportunity to purchase or lease real estate. Get a Lawyer! In most Countries where you find “paradise” you also find “ownership” of “real estate” elusive… Get a Lawyer. Countless people in Central America and even Cyprus, as an example, now do not own the property they paid real money for.
There are also big issues about immigration, citizenship, and resident status that are best answered by someone who knows, and who is paid to know.
The Lawyers in This Registry will serve you well. Let us know how you do overseas and offshore.
Our firm offers specialized services related to trademarks, patents, industrial designs and domain names in LA. In this moment we have offices in Argentina, Colombia, Chile, Ecuador, Panama and Peru.