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Offshore Money Book, The : How to Move Assets Offshore for Privacy, Protection, and Tax Advantage

Offshore Money Book, The : How to Move Assets Offshore for Privacy, Protection, and Tax Advantage

List Price: $18.95
Your Price: $12.25
Product Info Reviews

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Rating: 5 stars
Summary: Of all the books I've read, this one rates at the top.
Review: After spending 2 years in Costa Rica and learning much about investing offshore and what not to do, I read every (affordable) book I could get my hands on (Offshore Money Havens, Tax Haven Roadmap, Tax Havens (Barber and Ginsberg), Behind Closed Doors, Take Your Money and Run, etc.). The Offshore Money Book was the most up-to-date with clear examples and Arnie tells is like it is. So many books are either come ons to sell offshore services or down right illegal and could get the neophyte offshore investor in serious trouble

Rating: 5 stars
Summary: Cornez knows what he's talking about...
Review: Arnold Cornez is an attorney and an authority in the field with long experience working closely with and on the inside of offshore banks, trust companies, and other entities. He's the one I call first when I have an issue to discuss.

Rating: 5 stars
Summary: A Must-Have Reader for Offshore Newbies
Review: Arnold Cornez's text is the classic guide to how to "go offshore" and what to avoid. While giving a realistic view of offshore banking and investing, Arnie also points out many tax pitfalls and dangers, and makes clear that you really need a qualified tax attorney to assist you.

This book is a great compliment to Adkisson & Riser's Asset Protection book (which is primarily aimed at domestic solutions), and reading the two together will give you a good overall picture of domestic-foreign asset protection and privacy planning.

But don't buy either of these books if your goal is simply to hide money offshore, because they both tell you in the clearest terms that such strategies don't work in the real world. If you want that kind of advice, then buy the book of the several authors who coincidentally are convicted felons (and who later sold their many clients out to the IRS in exchange for reduced sentences) such as Terry Neal and Jerome Schneider.

Not surprisingly, [...] artists detest this book and are undoubtedly those writing the bad reviews, since Arnie points out a wide number of offshore schemes and [...] that offshore newbies too often fall for -- and of course anybody who reads this book and avoids those scams is taking money off the dinner plate of the numerous [...] in the Caribbean and elsewhere. That fact alone makes the value of this book equal to its weight in gold.

Rating: 5 stars
Summary: Cornez knows what he's talking about...
Review: Arnold is one of the people I respect most in the field of international strategies and structures. An attorney with many years of experience, and working directly at the highest levels with foreign banks, trust companies, funds, and insurance companies, he's the one I call first to discuss an issue. I recommend the 'Offshore Money Book'.

Rating: 5 stars
Summary: special treatment of difficult subject
Review: Cornez does best job ever seen in tackling tricky field with even-handed assessments of all aspects. Offshore investing is frequently as much "art" as "science", and Cornez grasps same and communicates with proper humility--as no one has all the answers. But Cornez presents all the questions and a thorough discussion of the finer points. Offshore investing is a very personal undertaking and Cornez refreshingly refrains from pontificating with his favorite idea or approach of the day. No better book out there.

Rating: 5 stars
Summary: special treatment of difficult subject
Review: Cornez does best job ever seen in tackling tricky field with even-handed assessments of all aspects. Offshore investing is frequently as much "art" as "science", and Cornez grasps same and communicates with proper humility--as no one has all the answers. But Cornez presents all the questions and a thorough discussion of the finer points. Offshore investing is a very personal undertaking and Cornez refreshingly refrains from pontificating with his favorite idea or approach of the day. No better book out there.

Rating: 5 stars
Summary: One of the only two offshore books worth reading.
Review: Cornez, Arnold -- "The Offshore Money Book" -- The best general guide to offshore planning and investing, written by perhaps these most traveled personage in the business. Insightful and humorous, and a pleasure to read.

Rating: 2 stars
Summary: Outdated, old-fashioned and Politically biased book
Review: First, the disk is useless. 80% of the references to internetsites are outdated. The other 20% are of questioinable nature (pureself-promoting advertising sites). Second, the author spend 30% of the book trying to convince the reader (which he patronizingly refers to as the Reluctant American) that it is worth-while to look off-shore for asset protection and tax avoidance structures. I expect most people buying this book would already be interested in the actual mechanisms of holding assets offshore, and would not need additional pushing. Third, the book does not offer any simple and structured explanations of the archaic schemes Arnold illustrates. Key issues such as tax planning questions are given with out reference or citation, while the footnotes are littered with irrelevant comments about stock prices and historical events.

This book is only for reader who need to be coerced into into simply travelling abroad, not for those that are looking for guidelines and contacts on how to keep money offshore. Better books (like Tax Havens of the World, or 2000 International Tax Havens Guide : The Professional's Source for Offshore Investment Information). You pay for what you get however, ast this book is inexpensive compared to the books that really add value.

Rating: 2 stars
Summary: Outdated, old-fashioned and Politically biased book
Review: First, the disk is useless. 80% of the references to internetsites are outdated. The other 20% are of questioinable nature (pureself-promoting advertising sites). Second, the author spend 30% of the book trying to convince the reader (which he patronizingly refers to as the Reluctant American) that it is worth-while to look off-shore for asset protection and tax avoidance structures. I expect most people buying this book would already be interested in the actual mechanisms of holding assets offshore, and would not need additional pushing. Third, the book does not offer any simple and structured explanations of the archaic schemes Arnold illustrates. Key issues such as tax planning questions are given with out reference or citation, while the footnotes are littered with irrelevant comments about stock prices and historical events.

This book is only for reader who need to be coerced into into simply travelling abroad, not for those that are looking for guidelines and contacts on how to keep money offshore. Better books (like Tax Havens of the World, or 2000 International Tax Havens Guide : The Professional's Source for Offshore Investment Information). You pay for what you get however, ast this book is inexpensive compared to the books that really add value.

Rating: 1 stars
Summary: Unorganised, redundant and widely available information.
Review: I hoped to find in a book like this how Offshore looks from the inside, the kind of schemes offshore bankers can provide + Detailed and practical examples of the above. Instead I found lousy information already available (free!) in the Internet + Some publicity to Mr.Cornez acquaintances. Lost money :(


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