The concept of Culture Shock is nothing new. We’ve all heard the term, and perhaps even experienced its symptoms. No doubt, for hundreds of years humans have been subject to the phenomenon as they explored the globe and encountered new peoples. Imagine how Alexander the Great felt upon reaching India, Marco Polo’s reaction when he arrived in China, or Sir Walter Raleigh’s experience with the Native Americans when he disembarked at what is now North Carolina.
Today we feature a good news, bad news kind of story. On April 23, Uruguay agreed to formally end bank secrecy with respect to Argentine tax investigations. For those Argentinians used to storing (often undeclared) capital in Uruguayan banks, that’s not welcome news. Not much better for Uruguay either – all the foreign capital that will flee to other, more private jurisdictions is virtually guaranteed to negatively affect the local economy. However, it could be great news for expats looking to spend time in Uruguay.
For decades, Karim has been at the forefront of emerging and frontier market opportunities and last month, he released a book in which he reviewed 15 such markets, including a few not familiar to most Western investors. In this guest article, he briefly analyses the emerging markets everyone already knows about but also two others that if aren’t yet on your radar, are highly worth considering.
Shortly after the founding of the United States, the Constitution made it clear that the government was not to be in the business of printing paper currency. What gave the Founding Fathers the keen insight to incorporate such an important point into such a fundamental document? Jeff Thomas explains.
Over the course of the last two weeks we’ve followed frequent traveler Mark Svoboda as he shared his findings on Colombia. Today Mark wraps up his report with the different residency options available in the country.
It should come as no surprise that many of our readers are independent-thinkers, exceptionally freedom-minded and fiercely libertarian. The smaller the government, the better so far as they are concerned. Indeed, some believe there should be no government at all. That said, today’s feature might be of interest to the entire spectrum of political persuasion even if for just a lark: a small government without parties – just independents (supposedly) working for their constituents rather than vested interests. Jeff Thomas explains…
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