Visitors flock to Pakistani-controlled Kashmir valley in rare tourist boom

“Success stories can be rare in Pakistan, but business is booming in one Kashmir tourist spot as the region rebuilds after a devastating earthquake and shrugs off associations with violence. Hundreds of thousands of Pakistani tourists drawn to the lakes and glaciers of the Neelum valley are injecting desperately needed money into one of the poorest parts of the country. With a new road built by the Chinese after the 2005 earthquake killed 73,000 people and a ceasefire holding with India, Pakistanis are discovering the snow-capped peaks, glaciers, lakes and lush-green meadows of the Neelum valley.”

http://www.rawstory.com/rs/2013/07/16/visitors-flock-to-pakistani-controlled-kashmir-valley-in-rare-tourist-boom/

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Countries with the world’s most libertarian laws

“In 2001, Portugal became the first European country to decriminalise possession of all drugs for personal use. The country introduced state-funded therapy programmes for abusers which have seen record number of people seeking help. Rates of HIV infection and drug-related deaths have also halved in the ten years since the new legislation.  But it is in fact the Czechs that have the most liberal laws when it comes to personal use. Citizens can legally be in possession of up to half an ounce of marijuana, 40 ‘magic mushrooms’, four tabs of LSD or Ecstasy and one gram of cocaine.”

http://www.telegraph.co.uk/news/worldnews/southamerica/uruguay/10216201/A-guide-to-the-worlds-most-libertarian-countries.html

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America Is a Tax Haven…and That’s a Very Good Thing

“While there are many bad things about the American tax system (including pervasive double taxation and a very uncompetitive corporate tax system), one of few redeeming features of our tax system is that we are a tax haven. Not for Americans, of course, but it turns out we have some good rules for foreigners.  I’ve already noted that Delaware is one of the world’s best tax havens because of its attractive incorporation policies, but we also have very attractive federal tax rules.  Foreigners take advantage of these policies in ways that attract huge amounts of money to the American economy – more than $25 trillion according to the Commerce Department!”

http://danieljmitchell.wordpress.com/2013/08/03/america-is-a-tax-haven-and-thats-a-very-good-thing/

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Kidnapped by a Caribbean Murder Gang

“A true story.”

http://www.caseyresearch.com/cm/kidnapped-by-a-gang-of-serial-killers

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Chile to Join US Visa Waiver Program

“As Chileans become increasingly wealthy and have more disposable income, they are starting to travel more, and as more of them go on vacation or shopping sprees in the US. American’s will eventually start to learn about this relatively small country of 17 million people. There will also inevitably be more information sharing between the US and Chilean governments. I know some people down here who aren’t thrilled about this and are worried about politicians throughout the world being ‘in cahoots’ more and more every day. I agree; however, it’s a situation that’s not unique to Chile.”

http://www.internationalman.com/78-global-perspectives/979-chile-to-join-us-visa-waiver-program

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On The Road Again: Customize Your Life with Location Independence

“Then there’s Life Remotely, which got me thinking about the topic. Basically, that site’s done by three people who have found gigs they could do on the road and then spent a decade doing them, mostly on the road. In the process, they’ve also developed a suite of skills and information that can bring this kind of life that much closer to other people. Theirs is also an entrepreneurial response in that it fits together needs, desires, and resources in a novel way that offers people a way to assemble their own happiness. It relies on the alertness to spot what can be made from things that haven’t been combined quite this way before.”

http://www.fee.org/the_freeman/detail/on-the-road-again-2

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R.I.P. Garry Davis (1921-2013)

“The world has lost a true visionary. Davis renounced his US citizenship in 1948, proclaiming himself a citizen of the world. He went on to advocate for global, rather than national, governance, and founded organizations to that end. Since 1954, the World Passport that Davis devised and issued has facilitated crossings of some 180 national borders, and has has saved tens of thousands of lives. as bearers and their families used it to flee conflict zones and genocides. Garry’s legacy lives on, both in the ideals he articulated and in the lives and descendants of the people his ‘fake’ passports saved.”

http://www.nostate.com/4373/r-i-p-garry-davis-1921-2013/

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FATCA: ‘Simple premise’ gone terribly wrong

“Most Americans living outside the U.S. are not ‘tax cheats,’ ‘tax evaders’ or ‘traitors’ though they are often characterized that way in the media or even by members of Congress. Instead, they are honest, productive, contributing residents of other countries, which they call home. In many cases, they are also citizens of those countries. President Obama and members of Congress, how did the ‘simple premise’ of ‘cracking down on illegal tax evasion and closing loopholes’ become an attack on financial lives and personal integrity of millions of people living outside United States, their banks and laws and constitutions of their countries of residence?”

http://thehill.com/blogs/congress-blog/foreign-policy/313775-fatca-simple-premise-gone-terribly-wrong

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Malta: new residency scheme for foreign buyers & renters

“The new residence scheme, referred to as Global Residence Programme, will allow people who buy or rent a property in Malta and direct their income to Malta to benefit from a residence permit (and thus income tax at 15 per cent). In order to qualify for residency, under the new Global Residence Programme, a non-EU foreigner will need to buy a property of €220,000 or over. Foreign nationals who are interested in renting a property, can also do so and they are eligible for residency given that the annual rental value is of €9,600 (or €800 monthly). The new Residence Scheme for Foreigners replaces the High Net Worth Individuals Scheme.”

http://www.aplaceinthesun.com/news/feature/tabid/131/EntryId/2339/Default.aspx

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The Silver Lining as Banks Say “No More Americans”

“Independent asset managers are entrepreneurs at heart. Many have started their own businesses after gaining deep experience in private banks or large investment houses. They recognize that those two business models don’t properly serve those looking for lower account minimums with the superior service found at smaller firms. Most Swiss independent asset managers feature tight, professional teams of four to five deeply experienced members.  These managers are going about it the right way. They are registered with the SEC and they work with the very same private banks that decided to say good-bye to American clients.”

http://sovereign-investor.com/2013/07/26/the-silver-lining-as-banks-say-no-more-americans/

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