"I'd rather prep 20 years too early than 20 minutes too late." Strategic Relocation Ecuador: https://linktr.ee/journeymanjackecuador Someone once said that Ecuador is a country that is: •EASY to love- 😊 •HARD to understand-🤔😘 •Impossible to forget- 🥰😍 Ecuador Real Estate: http://EcuadorRealEstate.org
Friday, November 8, 2013
Why Ecuador?: 4 Types of Internet Expats (and why they should be...
Why Ecuador?: 4 Types of Internet Expats (and why they should be...: I originally posted this on my other blog Life Unmapped , but felt it would be of value here also since many of our readers are potenti...
Thursday, November 7, 2013
Are You Prepared For a US Bank Bail-In? - the dollar vigilante blog
[Editor's Note: The following post is by TDV Editor-in-Chief, Jeff Berwick] 03 NOV 2013
If you have cash in a US bank, you can expect to have the federal government take it all the next time US banks find themselves in trouble.The days of the federal government stealing money from taxpayers, or borrowing it from the Federal Reserve, to save troubled banks -- as in they did in the 2008 crisis -- may be over. Congress is considering imitating the theft in Cyprus and letting troubled banks "bail-in" depositor money in order to make themselves solvent.
Jim Sinclair, chairman and chief executive officer of Tanzania Royalty Exploration Corp., and whose family started Goldman Sachs, Salomon Brothers, Lehman Brothers, and others, has been warning of this for a while.
“Bail-ins
are coming to North America without any doubt, and will be remembered
as the ‘Great Leveling,’ of the ‘great Flushing’. Not only can it happen
here, but it will happen here...It stands on legal grounds by legal
precedent both in the US, Canada and the UK."
If you don't get
your money out now, possibly by end of this year or sooner, you may not
be able ever to get it out. Once doors are closed the federal
government might do a bank holiday and bail in to make the banks
"solvent" again. At best you may get some "bank equity" that is both
illiquid and which will ultimately be worth a tiny fraction of the
deposit it replaces.
And, not to mention FATCA coming into
effect in July 2014 it will be nearly impossible for an American to get a
bank account outside the US (it already is, but will be even worse).
Now is the time to get your assets in an offshore account and TDV can
help. Click here to learn more about how with TDV Offshore...http://dollarvigilante.com/blog/2013/11/04/plans-in-place-for-a-us-bank-bail-in.html
Wednesday, November 6, 2013
An American Military Veteran in Ecuador: If I am this close to the sun, why the hell am I s...
An American Military Veteran in Ecuador: If I am this close to the sun, why the hell am I s...: Yesterday we flew out of Guayaquil (GYE) and into Quito (UIO) (the capital of Ecuador) to take care of some business with our residency visa...
Tuesday, November 5, 2013
The Top 6 Reasons Why Everyone Needs a Second Passport - 30 OCT 2013
The Top 6 Reasons Why Everyone Needs a Second Passport
- International Man - Published on Wednesday, 30 October 2013 10:25
By Nick GiambrunoDoug Casey has said over and over that spreading your political risk beyond one jurisdiction is the single most important thing he can recommend today.
Obtaining a second passport and citizenship in another country is a critical part in heeding Doug's advice.
This is because it's a fundamental step towards minimizing the political risk of being subjected to the whims of any single government.
The political diversification benefits that come with obtaining a second passport are universal and prudent for anyone in the world to obtain… especially those under a desperate (fiscally or otherwise) government.
Here are the top six reasons why everyone needs a second passport.
Reason #1: More Internationalization Options
Obtaining a second passport can literally open the door to a world of internationalization options for your assets and income that are off limits to citizens of certain countries. This is especially true for Americans, who are often treated as if they have the plague when they attempt to open foreign financial accounts and are increasingly being forced to close the ones they already have.Due to the ever-growing pile of regulations, foreign banks and brokerages are making the logical business decision that the costs of compliance outweigh any benefits of having Americans as clients. Opening a foreign financial account as an American citizen ranges from being impossible to very difficult in most circumstances.
When you consider the totality of it, these vast regulations amount to a soft form of capital controls, which will likely turn into overt capital controls at some point in the future.
Obtaining a second passport can also make purchasing real estate in foreign countries easier. For example, while it is an excellent place to consider for a bolt-hole, Switzerland is a notoriously difficult place for a foreigner to purchase real estate. However, certain foreigners (EU citizens) have fewer restrictions imposed on them others.
Reason #2: More Visa-Free Travel
One characteristic of a good passport is how much visa-free travel it allows. Applying for a visa that has to be approved before your trip (as opposed to being able to obtain it at the border) is a real hassle. Having to jump through hoops in advance of a trip can be a frustrating, time-consuming, and costly process.Brazil, Chile, and Argentina all collect a visa fee (of about US$160) from travelers who present a US passport.
According to a recent study, Finnish and Swedish passports offer visa-free travel to the most countries. Not surprisingly, a country like Afghanistan has one of the least useful passports. You can find more information on this study as well as the rankings of countries according to the visa-free access of their passports here.
Reason #3: Avoid Foreign Policy Blowback
If your home government has developed a bad habit of sticking its nose in the internal affairs of other nations, it could make you a target should you happen to be in the wrong place at the wrong time. Like an upscale shopping mall in Kenya in late September 2013.There are, of course, passports that have minimal foreign policy blowback risk. For example, when was the last time you saw Swiss passport holders targeted?
Reason #4: Preempt Travel/People Controls
A second passport can also come in handy when a government decides to starting treating its own citizens as beef cows instead of milking cows (i.e., when they need more soldiers for war) or if passport restrictions and other types of people controls are implemented.In any case, it prevents your home government from basically placing you under house arrest by revoking or cancelling your passport for any reason it sees fit.
The Syrian government, for example, previously refused to renew the passports of Syrians abroad whom it suspected of being associated with the opposition. This is not surprising and should have been completely predictable. Any government could and would behave in a similar manner as they all have the ability to revoke the citizenship and/or passport of their citizens at a moment's notice under any pretext that they find convenient. Just look at how the US cancelled Edward Snowden's passport by fiat.
It is not inconceivable that the US government would make it more difficult for Ron Paul supporters and libertarians to travel internationally one day in the future. Heck, they have already taken the first step and labeled them potential domestic terrorists.
The bottom line is that if you hold political views that the establishment of your home government does not like, don't be surprised when they decide to restrict your travel options. In this case, having the political diversification that comes from having a second passport is even more important.
Reason #5: You Don't Have to Live Like a Refugee
It's like how the old Tom Petty song goes… "You don't have to live like a refugee."Having a second passport ensures that you will always have another place to potentially call home, another place where you will always have the legal right to live and work. In worst case scenarios, a second passport guarantees that once you get out of Dodge, you won't have to live like a refugee.
Having citizenship in another country gives you the legal right to live and work there and possibly other countries. EU citizens have the right to live and work in the 28 member countries.
Reason #6: Renunciation
In all likelihood, you will need a second passport should you decide to take the drastic step of renouncing your citizenship. This allows you to reap huge tax and regulatory benefits if your home country burdens its citizens with suffocating and inescapable tax policies.It should be noted that the US has what amounts to an "exit tax" for citizens who renounce and meet certain conditions. This puts a premium on renouncing before you qualify to be stung with the "exit tax." It is an especially attractive option for entrepreneurial and internationally-mobile young Americans who have a large portion of their potential earnings still in the future.
Of course, few will actually follow the path of Facebook co-founder Eduardo Saverin or singer Tina Turner and take the extreme step of renunciation. And you certainly don't need to. There are MANY other ways you can internationalize and reduce your political risk.
Not Easy, But Necessary
Unfortunately, there are no paths to obtaining a legitimate second passport that are at the same time fast, easy, and inexpensive.However this does not diminish the necessity of doing so. Political risk is growing in most parts of the world (especially the West). This is especially true for countries in deteriorating fiscal health, which will predictably turn to increasing measures to squeeze their citizenry for every penny they can get away with.
You have probably noticed there is a lot of misinformation and bad advice out there regarding second passports, which, if followed, could likely end up causing you significant problems and limiting your options. Your goal should be the opposite: minimizing your problems and expanding your options.
It is essential in these shark-infested waters to have a trusted resource like Casey Research to provide you with reliable information. You can find our top picks for the best countries to obtain a second passport in and how to do it here.
NSA Spying Scandal: Ecuador's Correa Slams U.S. While Visiting Russia As Spain Opens Inquiry
Fox News Latino
During a visit to Russia, Ecuadoran President Rafael Correa continued his criticism of the United States’ National Security Agency, which is currently embroiled in a worldwide scandal over allegations that the agency spied on world leaders.
As the White House is considering ending its eavesdropping on friendly foreign leaders, Correa lashed out at the U.S. for spying on leaders ranging from Brazil’s Dilma Rousseff to German Chancellor Angela Merkel.
“At first they said it was necessary for fighting against terrorism,” Correa said, according to Russian news agency RT
The Ecuadoran leader also said he believes that if these allegations were leveled against another country it would be put on international trial for such large-scale spying.
Correa’s comments came after a meeting with Russian President Vladimir Putin, who has been another strong critic of the U.S. governments spy program. Russia granted temporary asylum to Edward Snowden, the former CIA employee and NSA contractor who revealed a number of classified documents about NSA surveillance practices.
Ecuador also granted Snowden asylum, but because of difficulties flying over the airspace of U.S. allies he choose to remain in Russia.
The latest fallout in the NSA scandal – which has threatened U.S. relations with Brazil, France, Mexico and Germany – has involved Spain....http://latino.foxnews.com/latino/news/2013/10/29/nsa-spying-scandal-ecuador-correa-slams-us-while-visiting-russia-as-spain-opens/
Sunday, November 3, 2013
TSA - Security Check Now Starts Long Before You Fly - 21 OCT 2013
By SUSAN STELLIN -
The New York Times,
Published: October 21, 2013
The Transportation Security Administration is expanding its screening of
passengers before they arrive at the airport by searching a wide array
of government and private databases that can include records like car
registrations and employment information.
While the agency says that the goal is to streamline the security
procedures for millions of passengers who pose no risk, the new measures
give the government greater authority to use travelers’ data for
domestic airport screenings. Previously that level of scrutiny applied
only to individuals entering the United States.
The prescreening, some of which is already taking place, is described in
documents the T.S.A. released to comply with government regulations
about the collection and use of individuals’ data, but the details of
the program have not been publicly announced.
- private employment information
- vehicle registrations
- travel history
- property ownership records
- physical characteristics
- tax identification numbers
- past travel itineraries
- law enforcement information
- “intelligence” information
- passport numbers
- frequent flier information
- other “identifiers” linked to DHS databases
The measures go beyond the background check the government has conducted
for years, called Secure Flight, in which a passenger’s name, gender
and date of birth are compared with terrorist watch lists. Now, the
search includes using a traveler’s passport number, which is already
used to screen people at the border, and other identifiers to access a
system of databases maintained by the Department of Homeland Security.
Privacy groups contacted by The New York Times expressed concern over the security agency’s widening reach.
“I think the best way to look at it is as a pre-crime assessment every
time you fly,” said Edward Hasbrouck, a consultant to the Identity
Project, one of the groups that oppose the prescreening initiatives.
“The default will be the highest, most intrusive level of search, and
anything less will be conditioned on providing some additional
information in some fashion.”
An agency official discussed some aspects of the initiative on the
condition that she not be identified. She emphasized that the main goal
of the program was to identify low-risk travelers for lighter screening
at airport security checkpoints, adapting methods similar to those used
to flag suspicious people entering the United States.
Anyone who has never traveled outside the United States would not have a
passport number on file and would therefore not be subject to the rules
that the agency uses to determine risk, she said, although documents
indicate that the agency is prescreening all passengers in some fashion.
The official added that these rules consider things like an individual’s
travel itinerary, length of stay abroad and type of travel document,
like a passport. If an airline has a traveler’s passport number on file,
it is required to share that information with the T.S.A., even for a
domestic flight.
The agency also receives a code indicating a passenger is a member of
the airline’s frequent-flier program and has access to details about
past travel reservations, known as passenger name records. This official
could not confirm if that information was being used to assess a
passenger’s risk...
...Data in the Automated Targeting System is used to decide who is placed
on the no-fly list — thousands of people the United States government
has banned from flying — and the selectee list, an unknown number of
travelers who are required to undergo more in-depth screening, like Mr.
Darrat. The T.S.A. also maintains a PreCheck disqualification list,
tracking people accused of violating security regulations, including
disputes with checkpoint or airline staff members.
Much of this personal data is widely shared within the Department of
Homeland Security and with other government agencies. Privacy notices
for these databases note that the information may be shared with
federal, state and local authorities; foreign governments; law
enforcement and intelligence agencies — and in some cases, private
companies for purposes unrelated to security or travel.
For instance, an update about the T.S.A.’s Transportation Security
Enforcement Record System, which contains information about travelers
accused of “violations or potential violations” of security regulations,
warns that the records may be shared with “a debt collection agency for
the purpose of debt collection.”
A recent privacy notice about PreCheck notes that fingerprints submitted
by people who apply for the program will be used by the F.B.I. to check
its unsolved crimes database.
“The average person doesn’t understand how much intelligence-driven
matching is going on and how this could be accessed for other purposes,”
said Khaliah Barnes, a lawyer with the Electronic Privacy Information
Center, which has fought to block these initiatives. “There’s no
meaningful oversight, transparency or accountability.”
For travelers who feel they have been wrongly placed on some type of
watch list or experienced security screening problems, the Department of
Homeland Security has established a Traveler Redress Inquiry Program.
According to a review by the department’s Privacy Office, there were at
least 13,000 inquiries to the redress program in the nine months ending
March 31, but civil liberties groups and some travelers described the
redress process as a black hole.
“A lot of people I know have tried it,” Mr. Darrat said. “And it just doesn’t really make a difference.”read more: http://www.nytimes.com/2013/10/22/business/security-check-now-starts-long-before-you-fly.html?_r=1&adxnnl=1&pagewanted=all&adxnnlx=1383526879-iyTOPSvG5Uoeh38rAzo5YA
An American Military Veteran in Ecuador: CNT - Ecuador Internet
An American Military Veteran in Ecuador: CNT: Now that we have gotten our internet situation corrected, I feel I can safely and calmly share the craziness with you folks.
As many of you may remember, there was an entire month (plus a few days) that we were without internet. It wasn't for lack of trying. Here is what happened. The neighbors had internet through a local company by the name of Corporación Nacional de Telecomunicaciones (or CNT for short). Since they had it through that company, we thought it would be easy to go with the same company. Thought.....
My caretaker took me to the local CNT office and we found out the different steps it would take for us to get the new service in my name (we do not have our permanent residency visa completed as of yet). To hear the first office we visited tell it, all we would need is my passport, the phone numbers of the neighbors, and a bank account locally to which CNT can charge the expenses. Sounds easy enough right?....http://gidj.blogspot.com/2013/11/cnt.html
As many of you may remember, there was an entire month (plus a few days) that we were without internet. It wasn't for lack of trying. Here is what happened. The neighbors had internet through a local company by the name of Corporación Nacional de Telecomunicaciones (or CNT for short). Since they had it through that company, we thought it would be easy to go with the same company. Thought.....
My caretaker took me to the local CNT office and we found out the different steps it would take for us to get the new service in my name (we do not have our permanent residency visa completed as of yet). To hear the first office we visited tell it, all we would need is my passport, the phone numbers of the neighbors, and a bank account locally to which CNT can charge the expenses. Sounds easy enough right?....http://gidj.blogspot.com/2013/11/cnt.html
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