Corb7 International August 26, 2020 Newsletter

International Business

Feature

Will American Wealth Leave?

A concept that never seems to be honestly discussed is the mobility of wealth.

The affluent are almost always extremely well traveled.  Thus, the concept of moving and living in another country is likely to have been something they have flirted with or have done.  With the Presidential election in the United States only a few months away, there is a dirty little secret not being discussed.  Will American wealth leave if the Federal Government moves dramatically closer to socialism?

United States citizens face worldwide income tax,  so just moving offshore would not be enough but renouncing citizenship and becoming an expatriate while a dramatic move could be on the table for many.  We already have domestic examples of population exits from heavily tax locations like New York and California to the lower taxed States of Florida and Texas.  On the global scale,  wealth has been leaving jurisdictions like Hong Kong for decades. If you consider that many of the proposals on the table are not only to dramatically raise tax on income but also to go after existing wealth,  it seems a little unrealistic to expect those targeted to just sit back and take it.  When the rich are driven out by the overreach of the taxman, it leaves a smaller tax base and someone will need to make up the difference.   The outcome is always the same.

Here are a few interesting links on the subject of expatriation:

Best Countries for US Expats

Renouncing US Citizenship

International Business

Business Tools

Top Reasons to Own a Swiss Trust Company!

PRIMARY USES OF A SWISS TRUST COMPANY

Switzerland has been and remains an outstanding business-friendly location. Ownership of a Trust Company here is less expensive to establish and operate than alternatives and thus the profit potential is substantially greater. The ability to provide highly specialized services to wealthy individuals further increases the overall profit potential of private trust company owners. Please be aware that marketing with a Swiss Trust Company is likely to have many restrictions. Again, as always, it is essential to seek guidance from a professional in this industry prior to engaging in ownership.

Two major aspects to be considered that pertain to profit:
1) Operating expenditures.
2) Specific services or products to offer potential clients.

Lower Expenditures, Higher Profit Margins

Profits will always be the measure of a business’s success, and as such; they should offer maximum margins. In terms of bottom line gains, nothing else can add so quickly or so substantially to its profits as a reduction in the overall cost of operations. A Swiss Trust Company offers an entrepreneur the opportunity to profit from his or her efforts and expertise with an extremely low outlay of capital. When compared to an alternative from another jurisdiction, expenditures are often at a rate of one fiftieth the required capital. Even during the initial acquisition phase, which is typically the most expensive, costs can be readily kept at a minimum.

Owning and operating a Private Trust Company can be cost efficient, flexible and uncomplicated. The entity will not have the “storefront” appearance that might normally be associated with domestic financial institutions. Gone are the marquees, lines, vaults and other retail administrative aspects, as well as, the expenses related to such items. The Private Trust Company uses clearing accounts with major international banking institutions for physical deposits and independent administrative firms for all other functions. In this manner, the owner is able to leverage time, meet fiduciary responsibilities and transact business while keeping expenditures to a minimum. As a result, the profit margin is much greater.

Services to Offer

One of the first and most important questions any entrepreneur should ask of themselves is, “What type of company do we want to be?” As previously discussed, complex financial needs of successful individuals and multinational corporations require increased specialization. To avoid the pitfalls of trying to be all things for all people, the owner should be willing to target a specific, niche market. The following provides a glance at various services to present.

Services to Wealthy Individuals

Many businesses market to the wealthy yet few truly do so in a successful manner. The key is not only to offer an important service but to be seen as different from competitors. The ability to stand out from the crowd is the difference between success and failure. Few vehicles can make your operation more unique than owning a financial entity. Services that may be found the most attractive would include:

– Precious Coin Trading & Services
– International Credit Cards
– International Brokerage Services
– Trust Services
– Arbitrage & Currency Activities
– Precious Gem Trading & Services
– Portfolio Management
– Crypto Currency Services

International Business

Business Psychology

How to Improve Your Workday Alertness!

A long workday can be both mentally and physically draining. As a result, office workers and professionals whose jobs are more physically demanding than office work may find themselves less alert at the end of the workday than at the beginning.

A loss of alertness as the workday draws to a close might be unavoidable. But professionals whose sense of alertness begins to dwindle in the thick of the workday might need to take steps to improve their alertness to protect themselves from injury and to ensure the quality of their work does not suffer.

· Avoid caffeine in the late afternoon. Some professionals rely on caffeinated beverages such as coffee or energy drinks to combat afternoon drowsiness. While that afternoon caffeine fix might provide an immediate, if temporary, jolt of energy, it might also affect a person’s energy levels the following day. A 2013 study published in the Journal of Clinical Sleep Medicine found that caffeine consumed as early as six hours before bedtime can significantly disrupt sleep. Professionals who reach for a cup of coffee in the late afternoon might get a sudden boost of energy, but their energy levels the following day might be lower due to a poor night’s sleep.

· Avoid high-fat foods at lunchtime. Foods that are high in fat should always be avoided thanks to their connection to a host of health problems. Such foods also negatively affect energy levels when consumed in the middle of the day. The University of Rochester Medical Center notes that the body digests and absorbs high-fat foods very slowly. That means workers who eat high-fat foods for lunch won’t get the afternoon energy boost that low-fat, healthy lunches will provide.

· Snack healthy. Professionals who find themselves needing a snack in the mid- to late-afternoon can sate their hunger and give themselves an energy boost by snacking healthy. Avoid snacks like potato chips that tend to be high in fat and low in nutrition. Foods that are high in fiber and/or protein can provide a longer energy boost and quell the afternoon hunger pangs at the same time. Fresh fruit and Greek yogurt fit the bill.

· Change your workout schedule. Regular exercise improves short- and long-term health while also increasing daily energy levels. Professionals who include exercise in their daily routines yet still suffer from a lack of alertness in the afternoon may need to alter their workout schedules. A 2016 study published in the Journal of Occupational and Environmental Medicine found that participants who were assigned afternoon exercise programs during work hours reported increased productivity versus those who were not assigned afternoon workouts. If working out in the afternoon is not feasible, avoid working out too late at night, as the National Institutes of Health note that exercising within two to three hours of bedtime can disrupt sleep, ultimately having a negative impact on energy levels the following day.

Lifestyle

Executive Fitness

Motivation!

This Video will motivate!  Ripped grandpa explains his theory on age and follows his own advice. Enjoy!

Lifestyle

Spirits & Cuisine

Wines to Pair with Your Favorite Foods!

Pairing wines with your favorite foods can be intimidating. Professional and amateur sommeliers might know just the bottle to pair with that sizzling steak, but weekend warriors might not be so confident. The Food Network offers the following pairing tips to people looking for the right bottle to go with some popular foods.

· Steak: Cabernet Sauvignon is a red wine that’s high in tannins. Novice wine drinkers might wonder why certain wines dye their mouth after drinking, and that’s because of tannins. Steak softens the impact of tannins because of its fat content, making this an ideal pairing.

· Spaghetti and meatballs: Italian food and wine go hand-in-hand, and Chianti is a great wine to pair with spaghetti and meatballs. Chianti has a bold flavor, and the Food Network notes it has enough acidity to stand up to all the tomatoes and meat in spaghetti and meatballs.

· Indian cuisine: Fans of Indian cuisine no doubt like spicy foods, but that doesn’t mean they wouldn’t also enjoy some temporary relief from their fiery favorites. Rieslings, which tend to be low in alcohol content, are sweet white wines that can be just the thing to complement all that spiciness. The Food Network notes that high-alcohol wines might make spicy Indian food feel even spicier, so if Riesling isn’t your ideal wine, at least opt for another wine with a low ABV.

· Salmon: Seafood fans who love salmon might like it even more if they pair it with Pinot Noir. While many types of fish are best paired with white wine and Pinot Noir is a red, this pairing actually works well because the salmon stands up to the wine’s bold flavor.

· Lamb: Red meat and red wine go great together, but different types of red meat pair better with different types of wine. Lamb and Bordeaux go great together because lamb has a gamey flavor that requires a rich, bold wine. Bordeaux fits that bill, allowing the rich, fatty lamb meat to absorb its tannins.

Lifestyle

Lifestyle & Travel

The X-E Tense Car!

Straight from Paris, the X-E Tense concept car of the future – glass bottom floor included – is targeted for 2035.

Business Services

Business Acquisitions

 SWISS TRUST COMPANIES FOR SALE!

A Swiss Trust Company is a Non-Banking Financial Business Model that will operate for you as a holding entity and a flagship structure adding prestige and operational authority to any venture.  This totally unique corporate structure perpetuates the legacy and tradition of the Swiss financial industry and transitions smartly into any business undertaking that you may embark on.

Swiss Trust Companies are not banks but come as close as you can get without actually being a licensed Swiss bank. Thus, many of the authorities and advantages a bank provides become available to ownership without a large capital requirement and with much lower ongoing costs. Vintage Swiss Trust Companies bestow enormous advantages upon its owner due to its history and date of incorporation, which include the opportunity for profit & asset protection.

* Free E- Book:  “The Complete Guide to Swiss Trust Company Ownership”

Click Here for Your Free Copy