The JetSetter Show EP 35 Josh VanDyk: Offshore Banking in the Cayman Islands
Join Jason Hartman as he interviews Josh VanDyk, investment advisor located in the Cayman Islands, about life in the Cayman Islands, where there are nearly 600 banks and trust companies, including 43 of the world’s 50 largest banks.
Jason and Josh discuss the scrutiny by the U.S. government, the reasons people wish to invest offshore, and some of the best options and advantages for going offshore. They also talk about the necessity and risks of asset protection, addressing different mechanisms for moving the assets out of your name and how to access it.
Josh explains the various types of products available for international investors. Due to so many regulations in the U.S., hedge funds, mutual funds, etc, find it too expensive and too tedious to do business in the United States, so many funds are tailored for international investing. Jason and Josh also explore the reasons why so many people are taking their IRAs offshore and what is involved in doing so.
