Part 5: Pre-Immigration Planning via LatourLaw’s Family Office Services Pre-Immigration Tax Planning – An Essential Few Execute Properly [IMPORTANT NOTE: The subject of global taxation is immensely complex and varies from jurisdiction to jurisdiction. The scope of this article is broad and does not constitute legal advice. Any individual concerned about global tax implications needs to discuss the subject in detail with qualified tax advisors in both their home country and in the foreign countries in which they are investing and/or considering as a future immigration destination.] This is the final posting for LatourLaw’s Five Part series on Pre-Immigration tax planning. Continue Reading →
Part 4: Why We Like New Zealand Offshore Trusts Pre-Immigration Tax Planning Via Offshore Trusts [IMPORTANT NOTE: The subject of global taxation is immensely complex and varies from jurisdiction to jurisdiction. The scope of this article is broad and does not constitute legal advice. Any individual concerned about global tax implications needs to discuss the subject in detail with qualified tax advisors in both their home country and in the foreign countries in which they are investing and/or considering as a future immigration destination.] In the early 1990s, when LatourLaw began working with high net worth clients planning for U.S. Continue Reading →
Part 3: Offshore Trusts- An Alternative to Liquidation Pre-Immigration Tax Planning Via Offshore Trusts [IMPORTANT NOTE: The subject of global taxation is immensely complex and varies from jurisdiction to jurisdiction. The scope of this article is broad and does not constitute legal advice. Any individual concerned about global tax implications needs to discuss the subject in detail with qualified tax advisors in both their home country and in the foreign countries in which they are investing and/or considering as a future immigration destination.] For many investors, the idea of liquidating their assets to avoid future immigration-triggered taxation is unpalatable. In such cases, especially when the investor has extensive holdings abroad and is unable/unwilling to liquidate them, a properly structured offshore trust can provide the necessary legal insulation against future immigration-triggered taxation on global assets. Continue Reading →
The Collapse of NYC EB-5 Begins Among the many wealthy America cities which has diverted EB-5 investment capital from its Congressionally-intended destination – rural parts of America and genuinely poor urban areas — via the gerrymandering of TEAs, New York City eclipses all others combined in terms of sheer EB-5 capital raises. Continue Reading →
Part 2: Pre-Immigration Tax Planning Part 2: Pre-Immigration Disposition of Assets: Options [IMPORTANT NOTE: The subject of global taxation is immensely complex and varies from jurisdiction to jurisdiction. The scope of this article is broad and does not constitute legal advice. Any individual concerned about global tax implications needs to discuss the subject in detail with qualified tax advisors in both their home country and in the foreign countries in which they are investing and/or considering as a future immigration destination.] Although there are some isolated exceptions, a person does not become liable for taxation in a given country until they become a “tax resident” of that country. While getting U.S. Continue Reading →
AVS Team in Washington as New EB-5 Changes Unveiled AVS Leadership Team in Meetings to Discuss Reforms and Future of EB-5 AVS Director Monica Pham, AVS General Counsel Laura Callava, and AVS President Jose Latour arrived in Washington, D.C. Continue Reading →
Pre-Immigration Tax Planning Via Offshore Trusts LatourLaw Family Offices 5 Part Series Explaining Pre-Immigration Tax Planning, Options, and Strategies Part 1: The Importance of Pre-Immigration Tax Planning [IMPORTANT NOTE: The subject of global taxation is immensely complex and varies from jurisdiction to jurisdiction. The scope of this article is broad and does not constitute legal advice. Any individual concerned about global tax implications needs to discuss the subject in detail with qualified tax advisors in both their home country and in the foreign countries in which they are investing and/or considering as a future immigration destination.] With more and more wealthy families in Vietnam considering the option of international education for their children, programs like the U.S. Continue Reading →
8/19 Visa Bulletin Projects Longer Vietnam Delays…But Don’t Panic! Okay, my Vietnamese (and Indian) friends and investors, take a deep breath and let me explain why the new August Visa Bulletin is neither surprising…nor as horrible as it looks. YES, it is true that the just-released bulletin appears to add a substantial amount of backlog time to EB-5 applicants from Vietnam and India, but remember: the monthly Visa Bulletin is a static snapshot in time of the current projections, it is NOT evidence of what will actually happen in the future! Continue Reading →
LAST CHANCE TO MAKE A $500,000 EB-5 INVESTMENT The final rule on EB-5 reform is about to be published and the day of the $500,000 EB-5 will be over. Continue Reading →