Trusts and estates are an interesting matter, and they must be addressed carefully. In case you haven't noticed, the heading of this article is followed by a question mark. Why is this? Can in fact, corporate trustee services replace a will? What is the difference between a will and a trust? If you have read our previous articles on trusts like the differences between trusts and foundations, you probably know that corporate trustee services have many uses. Considering that the basis of a trust lies in separating ownership we can infer the structure's implications, characteristics, and advantages.

In the nomad capitalist world, taxes are an important matter. In fact, they are to be taken seriously by everyone, but the implications of international structures take the situation to whole new levels of complexity. What is the federal tax rate in my country? What is employment tax? What is taxable income and what are the deductions? With these Frequently Asked Questions, we want to go back to the basics of taxation. At the end of the day, you can’t design an elaborate plan without knowing your basics. What is federal income tax? You’ve probably heard these words many times. They describe those taxes that are due at a federal level.

Coming back to the corporate essentials is important especially when establishing a structure is one of the goals in a business plan. Running a company or how to run a successful business depends on certain considerations that should be labeled as fundamentals. There are many advantages to having a company abroad. Mainly these entail the possibility to access a wider spectrum of currencies, investments, and incentives. Nevertheless, running a company raises challenges and this is why Mundo decided to present the four pillars of corporate essentials. In other words, this is what we recommend you consider before choosing the jurisdiction and structure.

Understanding the dynamics of the migration world can be challenging, especially when it comes to citizenship by investment. If you're looking for a safe island destination as your second citizenship the options are limited to a handful of regions like the Caribbean and Vanuatu. In this case, it might be a good idea to take a look at Caribbean prices and the new requirements set forth after the MOA. At Mundo, we’ve discussed the memorandum of agreement concerning the five eastern Caribbean CBI countries. Give or take, the five countries eventually signed and committed to implementing changes in favor of strengthened cooperation.

What comes to mind when we think about investments? Real estate, stocks and bonds, commodities, and cryptocurrency probably ring a few bells. Moreover, there's a type of investment that has been around for decades and is a symbol of wealth, security, and value. We are talking about the benefits of gold. Throughout history, to purchase gold was always seen as a plus. Historically, gold has been considered to be a guarantee of value and safety because it was supposed to be accepted anywhere. Having it would help open doors in case of war, persecution, or exile. Another significant advantage you get when you purchase gold is durability. 

We are an online magazine dedicated to the concept of financial freedom. Through our articles and information, we act as a link between the nomad capitalist and a variety of specific services. Each tool has its function. Companies are for generating money, banks are for operations, savings, and investment, real estate is a powerful sector in your portfolio, and second citizenship or residency is an outstanding possibility to enhance all these approaches. But what about trust services? Through a trust, financial safety can be achieved. Today we come back to one of our favorite topics analyzing why trust services are convenient.  

What would you say if we asked you to name one concept that is common to all times, countries, and cultures? When we go a little deeper into our society’s essence there are very few aspects that we can pinpoint as common denominators defining people's lives in the modern world, in Roman times, or in ancient Egypt. Probably the word that we will write next is the one that you least expected: tax. Whether we like it or not, it’s something that everyone accepts naturally, and this makes sense since taxes have been ingrained in society since the very beginning. 

A great deal of uncertainty has been around since we first heard of the MoA between Eastern Caribbean states with citizenship by investment (CBI) programs. In and of itself the requirement of aligning the minimum investment threshold meant an increase in some of the programs. Enhanced follow-up and the commitment to promote information sharing and cooperation are also key points in the agreement. Three months later it's time to implement these conditions. Where is Saint Kitts? Where is St Lucia standing in this new stage of affairs? The stipulated date to implement changes was June 30th and some of these are already impacting the programs.

The Five Flag theory is closely connected to libertarianism. Concepts like financial and personal freedom find their origins two centuries ago and they point out to one same goal: reducing the state's control and prioritizing self-development. A classic libertarian is a person in favor of the free market, low tax policies, and respect for private property. In this philosophy, the Five Flag theory fits perfectly as it proposes diversification in both financial tools and approaches as well as in jurisdictions. Libertarianism is more popular than ever since its adepts are now involved in important political roles with the president of Argentina being a clear example.

A reliable bank account becomes essential for businesses and individuals. There may be certain tendencies toward finding more innovative ways for generating and storing currency, but at the end of the day, banking remains a service we can’t put aside. Last year, we published our favorite candidates for best Banking 2023, and now it’s time to review those options. Which countries does Mundo still choose? Which jurisdictions were added to the list and which ones were removed? Let's delve into the advantages of a bank in any of the financial institutions that can make a difference in your plan.