Rating: 
Summary: Read it over and over again.
Review: I purchased and have read it over and over again your book "The Offshore Money Book". This is a very informative guide and I know it will be useful in so many different ways. Thanks very much for putting all this material together!! Go Gators!! Rick
Rating:
Summary: Don't read at your peril
Review: If you are looking for a "feel good" book that only gives you the sugar frosting about offshore without warning you about the many pitfalls, then this book isn't for you.
On the one hand, if your interest is learning about the realities of offshore banking and tax reporting for U.S. citizens, etc., the you will find this a good starter guide. It's also chock full of interesting stories based on Mr. Cornez's personal experiences in the offshore havens.
Rating: 
Summary: Investing Advice from an Offshore Pro
Review: Of all the offshore investment books that I have reviewed, this is the best for the price, especially for US citizens. I found this book to be full of usable information and a 'must read' for anyone considering an offshore investment or business strategy. The author offers some very worthwhile advice. While most worthwhile offshore books on the market cost in excess of $200, this book provides some good useable information in both the 'do' and 'don't' department and is an excellent and inexpensive way to get started or come up to speed with recent US legislative changes. The Internet is big factor and one that has had a major impact in offshore planning. However, it is a double-edged sword. It has allowed clients access to new information and providers with the ability to promote themselves worldwide. It takes skill and knowledge, however, to separate fact from fiction and legitimate provider from suspect. Offshore investing and stock trading have grown exponentially in the last 3 years but the trick again is distinguishing truth from fiction. Arnie is disturbed by the number of US investors who believe that simply setting up an IBC or other offshore entity and trading through an offshore broker removes them from the responsibility of paying taxes on capital gains in the US. While this may be possible for foreigners investing in the US stock markets, US citizens and residents do not escape income taxes at home simply by investing through offshore structures or an offshore broker. With that said however, an offshore strategy does permit deferral of taxes due on capital gains earned offshore if properly set up, similar to strategies for onshore investments but such structures are often complicated and expensive. If it were easy and inexpensive to set up a legal structure to eliminate taxes, everyone would do it, which is something that the Internal Revenue Service and Congress will not tolerate. Once this is understood, a strategy for the US person who is an offshore trader and investor does offer other significant advantages as well. These include asset protection and greater privacy. One of the greatest benefits is access to broader markets not normally available to individual onshore investors thanks to the raft of stringent Securities and Exchange regulations. Finally, if you are looking for a magic strategy in a book (or books) you will probably be disappointed. As attorney Jay Adkisson said recently, the author who puts a technique for reducing taxes down in print usually dooms it to attack by bureaucrats at home. I have certainly found this to be true in my years of reviewing offshore texts and one to be remembered when reading The Offshore Money Book. Even if such structures remain viable, offshore books do not offer sufficient enough detail to permit them to be applied without professional assistance. However, only by reading lots of books will one be able to know the difference between a good offshore professional and one who doesn't know his elbow from a hole offshore in which to sink your money! Matt Blackman goldhaven.com
Rating:
Summary: Review
Review: The book is a direct and comprehensive treatment of offshore, or tax advantaged, financial planning. Unlike many other books that are a come on or an advertisement this book is educational and is a must for any person looking to use the offshore realm for financial planning reasons. It is priced fairly and is worth every dime.
Rating: 
Summary: Best of a weak crop
Review: This book is better than most of the weak efforts in the field. It's written by a lawyer, and it does, helpfully, expose a lot of examples of schemes that WON'T work. But the reviewer from Peru has it right: none of these books seems to have really detailed descriptions of tax saving/asset protection schemes that might actually pass muster with the IRS/courts, so the whole thing comes off like an ad to bait you into buying the inside info from the author directly. All said, though, this book is a good deal better than any of its competitors.
Rating:
Summary: Definitely a keeper!!
Review: This book should definitely be on the bookshelf of anyone seeking to invest offshore. The author provides excellent insights into the hows and why's of offshore investing. Although the organization of the book was sometimes hard to follow, and did assume some technical knowledge of trust concepts, overall it was a good book and worth the money.
Rating:
Summary: Pretty good book for newbies
Review: This is a good book for teaching newbies the basics of how to go offshore, open bank accounts, and (perhaps most importantly) avoid offshore scams.
The book needs to be read in light of recent revisions to the Patriot Act and new currency transfer reporting requirements. Don't even think of going offshore if your goal is to try to hide money from Uncle Sam, since if your particular plan fails it will probably end up being felony tax evasion.
Rating: 
Summary: A financial primer to be the best guide for going offshore.
Review: What the book reviewers are saying, praise for "The Offshore Money Book":
INTELLIGENCE newsletter, Paris, France:
"...offers no advice to commit acts illegal under the U.S. Law....One can imagine that Cornez's books is going to be on the best-seller list at the Internal Revenue Service, the FBI and the CIA, for teaching purposes and just to be sure they haven't missed any "tricks of the trade"...for foreign operations."
The Offshore Centre, Anguilla:
"And don't miss this primer--you might be sorry if you do! This comprehensive work tells it all as it is, nothing more practical extant, saving you hundreds and thousands in consulting fees (and no, we don't get a cut!). Highly recommendable."
Basel Trust Corporation, Channel Islands:
"I would like to take this opportunity to compliment you on the book; I found it extremely readable and well informed."
Birmingham, Alabama:
"...this book may have been written for the general public, but I AM learning things. I am going to recommend your book to referral sources, clients and potential clients...."
J. Richard Duke, J.D., LL.M., Adjunct Professor of International Law
Trumbull, Conn.:
"As an attorney advising clients on commercial transactions, estate planning and tax issues including offshore alternatives, I think it is EXCELLENT!!!!"
Daniel Greenberg, Esq.
From the Internet:
"Great introduction to international investing!"
From the Internet:
"This is an excellent primer on the subject of going offshore. It is not a list of countries and banks. Rather, it is a logical legal analysis of the advantages and disadvantages of going offshore. Many people think you can simply respond to an advertisement in "The Economist" and open up an offshore company. Nothing is further from the truth. What you really need is a comprehensive plan to begin. The book analyzes the US real tax ramifications of going offshore. It discusses why you should or should not go offshore and how and where you should place your assets. It takes the mystery out of the International Business Companies and The Foreign Asset Protection Trusts. The author discusses offshore banks, credit cards, and annuities. Further, he discusses privacy and offshore scams. The book includes numerous offshore internet links on an IBM disk.
Highly recommended; by one of the brightest minds in the business." Editor, THE GEMSTONE FORECASTER.
From Canada:
"You book is by far one of the most scholarly offshore books I have had the pleasure to read."
Mark D. Hughes, Director
Ama-gi Dolphin Offshore Financial Research
Victoria, BC
Rating:
Summary: Director of Corporate Finance
Review: While some of the specifics are dated - this is the best book on the subject - bar none. It written by a real professional in the business - not book by a hot air promoter like the now indicted Terry Neals or the indicted Jermore Schinder that lie to their clients to get money. Cornez tells it how it is for US residents. Read, learn and don't listen to those who tell you what you want to hear - but just lead you in to trouble. So when does he come out with the new edition? Bob
Rating:
Summary: Director of Corporate Finance
Review: While some of the specifics are dated - this is the best book on the subject - bar none. It written by a real professional in the business - not book by a hot air promoter like the now indicted Terry Neals or the indicted Jermore Schinder that lie to their clients to get money. Cornez tells it how it is for US residents. Read, learn and don't listen to those who tell you what you want to hear - but just lead you in to trouble. So when does he come out with the new edition? Bob
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