January 2024 SC Q&A

Sovereign Confidential

Monthly Q&A

In this resource we've covered...

It’s been a hell of a month, for sure, punctuated (on January 28th) with what can only be described as a full-blown act of war on the part of Iran against the United States. 

Hotspots keep heating up all over the world, too, with a number of government officials in multiple Western nations starting to talk about reimposing the draft, or telling people to prepare for war. 

Here are some of the events and questions we cover in this month’s enhanced Q&A rollup:

Global events:

  • Ecuador is in a state of emergency; does it affect the country as a Plan B?
  • El Salvador releases new details on its long-awaited CBI program. We don’t love it.
  • Hong Kong is quickly turning into mainland China. What’s the impact?

Updates:

  • Turkey’s CBI program may increase minimum investment to $600,000
  • Hungary plans to introduce a new Golden Visa in 2024
  • Malaysia’s “MM2H” residency program updated its conditions

Questions & Answers:

  • Can you avoid the CTA reporting by structuring overseas?
  • Which types of gold coins can be stored via US retirement accounts?

...and more.

Global Events (crucial for Your Plan B) Ecuador is in a state of emergency, battling drug cartels Historically, Ecuador has been one of the most enticing destinations in Latin America for a Plan B, featuring a very low cost of living, easy residency options, and a straightforward naturalization process. It was also traditionally one of…

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