In some parts of the financial industry, there is an unfounded fear that an individual with more than one passport is a suspicious character. There are more law abiding individuals with multiple passports than criminals and such individuals should be welcomed to your institution as clients. Dual Citizenship Dual citizenship is the status of a person who is a legal citizen of two or more countries. 123 jurisdictions allow dual citizenship and another 13 allow dual citizenship

There are a number of factors to consider when selecting the site for a foreign office not least of which is researching the level of corruption. Corruption can be a significant impediment to a company in obtaining government contracts, product licenses, business visas, etc. The jurisdiction assessment process can be time consuming. However, there are some resources that you can use to increase your understanding of target jurisdictions. PUBLIC PERCEPTION Information from peo

Whether it’s assessing a new foreign grantor trust client, setting up a new foreign biotech manufacturing plant or soliciting funds for a private equity investment in an offshore business, a risk assessment must be made regarding the foreign jurisdiction. If you haven’t had previous experience with the jurisdiction, you may be left scratching your head reviewing government and non-governmental organization (NGO) lists. Given that the press frequently pounces on the concept o

In some parts of the financial industry, there is an unfounded fear that an individual with more than one passport is a suspicious character. There are more law abiding individuals with multiple passports than criminals and such individuals should be welcomed to your institution as clients. Dual Citizenship Dual citizenship is the status of a person who is a legal citizen of two or more countries. 123 jurisdictions allow dual citizenship and another 13 allow dual citizenshi

The recent study by Transparency International reviewed several public services from a corruption standpoint. The study covered 20 countries in Latin America and the Caribbean. The news is not good for those operating within the health care services world: public health care services had the highest bribery rate. The below data should not be viewed as an attack by the sales prevention team but instead a sales and marketing education opportunity. Education is the first step to

Have you heard the story about the ex-pat driving home along a European country road who hit a telephone pole? How about the part of the story where the power was knocked out to the adjacent farm disrupting the sleep of the farmer’s cows and resulting in the farmer threatening to sue the ex-pat for the cow’s sleep deprivation? And then there was the ex-pat assigned to a Central American country who discovered (just before fleeing out the bedroom window) that his paramour was