Mark Nestmann
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Since 1990, Mark Nestmann has helped hundreds of clients seeking wealth preservation and international tax planning solutions. He is the author of many books and reports dealing with these subjects and a popular public speaker.
Beginning his career as an investigative journalist in 1983, Nestmann now serves as President of The Nestmann Group, Ltd., an international consultancy assisting individuals to achieve their wealth preservation goals. He also is the Tax and Asset Protection editor for The Sovereign Society. Nestmann divides his time between offices in Vienna, Austria and Phoenix, Arizona.
In 2005, Nestmann was awarded a "Master of Law" (LL.M.) degree in international tax law at the Vienna University School of Economics and Business Administration in Vienna, Austria. Nestmann's research and thesis dealt with the subject of "exit taxes" imposed on individuals who change their tax residence from one jurisdiction to another.
SELECTED BOOKS AND REPORTS
The Lifeboat Strategy: Legally Protecting Wealth and Privacy in the 21st Century (2007) (interim update 2009)
Austrian Money Secrets (2007) (interim update 2009)
War and Emergency Powers…and the Threats They Pose to Your Wealth (2d Ed. 2008)
The Billionaire's Loophole: Closed at Last? (2d Ed. 2008)
109 Ways to Protect What's Left of Your Privacy and Property Rights (2008)
Mutual Legal Assistance Treaties (2003)
Practical Privacy Strategies for Windows PCs (2004)
A Critical Analysis of the Cook Islands as an Asset Protection Haven (2001)
Big Brother Goes Global: Financial Intelligence Units Exposed (2003)
Asset Protection 2000 (1999)
Privacy 2000 (1998)
How to Achieve Personal and Financial Privacy in a Public Age (1989)
PUBLICATIONS EDITED
The Sovereign Individual (1998-2006)
Asset Protection International (1997-1998)
Low Profile (1992-1995)
SELECTED SPEAKING ENGAGEMENTS
"Will You
Current Columns and Articles |
2016-07-19
Opinions
07-19-2016
Another IRS Bait and Switch
In 2009, the IRS introduced the Offshore Voluntary Disclosure Program (OVDP). The program was designed to encourage US taxpayers to come forward with information about previously undisclosed offshore bank accounts, in exchange for reduced penalties.
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2015-08-04
Feature Article
Gold: It's Time to Buy
I'm what people call a "contrarian" investor. I tend to buy assets that are out of favor with the chattering classes and the talking heads on television.
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2015-07-09
Feature Article
The Beginning of the End for the Euro
A little over two decades ago, the elites of Europe met in Maastricht, the Netherlands, to realize a long-held dream. It was to create a common currency that could be used throughout Europe, and possibly, the world.
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2015-06-18
Feature Article
Make Sure You File This Form by June 30
In summary, the BSA requires US citizens and permanent residents to file an FBAR if they had financial interests in, or authority over, foreign accounts with an aggregate value of $10,000 or more at any time during the preceding year.
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2015-06-10
Feature Article
Famous politician gets caught in his own web
Talk about a comeuppance. Former Speaker of the House of Representatives Dennis Hastert, who helped force through Congress stricter laws against anonymous cash transactions, now faces financial ruin and an extended jail sentence thanks to the
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2015-06-08
Feature Article
Expats, Pensions & Taxes - Oh My!
Expatriation is an admittedly radical step. But it's the only way that a US citizen or Green Card holder can permanently disconnect from future tax obligations. And increasingly, it's the only way that a (former) American can "exist" outside
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2015-05-08
Feature Article
Will Central Banks Abolish Cash?
Cash has never been a popular asset with the totalitarian set. It's difficult, if not impossible, to trace. Cash makes it possible to do business "off the books."
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2015-04-27
Feature Article
With This Offer, You Better Hope You're Lucky
Almost everyone can benefit by having a second citizenship and passport. The biggest advantage is that it gives you a way to travel internationally if you lose your primary passport or if your government seizes it.
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2015-04-07
Feature Article
Why Janet Yellen Should Start Smoking Cigars
Every three months, the mainstream media participate in a ridiculous charade: interpreting the quarterly announcements from the Federal Reserve Board of Governors.
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2015-03-26
Feature Article
Is This the End of the Euro?
With the US dollar hitting multiyear highs against other global currencies almost daily, Americans are in a sweet spot for making international investments. Your US dollars will buy a lot more rubles, yen, and Canadian dollars than they would a year,
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2015-03-19
Feature Article
Is This the First Nail in the Coffin of Citizenship-Based Taxation?
US citizens who expatriate " those who give up their citizenship and passport " don't get a lot of respect.
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2015-03-13
Feature Article
What Happens When Big Brother "Privatizes" Debt Collection?
It's bad enough to have the IRS or another government agency after you. But when Uncle Sam â€" or even a state or local government â€" hires a collection agency to chase after you, things can go downhill fast.
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2015-03-09
Feature Article
Why This Greek Tragedy Could Mean Global Disaster
One of the assumptions of the eurozone " those 19 countries in Europe that use the euro as their national currencies " is that if any country left the zone, economic disaster would follow in its wake.
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2015-02-20
Feature Article
Are You Making This Superstar's Mistake?
Just about every middle-class and wealthy family in the US uses household help at some point. Babysitters, maids, gardeners, nannies… American homes are full of them. And if your family uses any of these services, you face a minefield of legal haza
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2014-11-07
Feature Article
Why the US Postal Service Turned Spy
The most shocking aspect of the crackdown against financial and electronic privacy is the lengths that Congress, the Treasury Department, the NSA, and now the Postal Service have gone to subvert our constitutional right to privacy.
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2014-10-30
Feature Article
Why the Feds Won't Confiscate Your Retirement Plan… But They Will Do This
Over the last few weeks, I've had close to 30 consultations with Nestmann Group clients. And one of their top concerns is that Barack Obama or some future US president will find a way to confiscate the money in their IRAs or 401(k) plans...It's n
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2014-10-23
Feature Article
Puerto Rico: Don't Believe the Hype
I predicted in this essay that if Congress became concerned enough about these incentives, it would eliminate the federal tax exemptions on income that derives from Puerto Rican sources for individuals who relocate. I think there's at least a 90% l
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2014-10-17
Feature Article
The Top Six Reasons Why You Shouldn't Fear Going Offshore
In my nearly 30 years of helping Americans "internationalize" themselves, there are four giant obstacles I have watched my clients overcome before finally taking action: Inertia, fear, complacence, and hopelessness.
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2014-10-03
Feature Article
Would You Like Fries With Those Taxes?
One of the biggest fast food giants, Burger King, is now "divorcing" America and re-establishing its business in Canada. Mark analyzes the Government's reaction and possible implications for any corporation that may decide to move its headquart
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2014-09-25
Feature Article
What Does a Porn Star Have to Do With Your Bank Account?
In the last few months, US banks have closed down tens of thousands of accounts of "politically incorrect" customers. They include gun sellers, coin dealers, fireworks suppliers, dating services, US citizens living abroad, Muslim students, money
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2014-09-19
Feature Article
Sometimes You Can Win Against Uncle Sam
It should come as no surprise that the US routinely uses force to get its way in foreign disputes. After all, we have the world's most powerful military.
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2014-09-19
Feature Article
Are You Making This Financial "Mistake"?
What's the most hazardous financial activity that you can engage in?...It's not investing in penny stocks. It's not buying foreign currencies. It's not even playing futures and options, as risky as they may be.
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2014-08-29
Feature Article
Why I Chose Panama (Over Costa Rica, Mexico, or Canada)
In my case, it's Panama. I'm now a permanent resident there and will pick up my cedula ? my national ID document ? next month...In choosing Panama as my personal "bug out" location, I went through a comprehensive evaluation of that country versus sev
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2014-07-30
Feature Article
The Austrian Offshore Advantage
In recent years, immigrants, both legal and otherwise, have overwhelmed Austria. It's easy for citizens of EU countries to relocate to, and work in, the country. Thousands of people from the newest EU members " Romania and Bulgaria " now make their h
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2014-07-09
Feature Article
A Ceasefire in the IRS' War on US Citizens
Around 10 years ago, the US declared war on a select group of Americans " the nearly 8 million US persons (citizens and green card holders) living abroad...The IRS quietly and stealthily conducted this war. Its campaign consisted of extortion and int
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2014-07-09
Feature Article
Why Congress Wants to Revoke Your Passport
For the third time in as many years, legislation has been introduced in Congress that would revoke the passports of US citizens with "seriously delinquent tax debts."
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2014-06-18
Feature Article
Why You Shouldn't Gamble With Uncle Sam
If you think June 30, 2014, is just another lazy, hazy summer day, think again. If you're a US citizen or permanent resident, this may be a date to remember. It's the deadline to report signatory or "other" authority over, or financial interest in, a
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2014-06-13
Feature Article
Another Casualty in the War Against Offshore Investments
Carl Zwerner, an 87-year-old resident of Florida, is the latest poster child for the IRS vendetta against offshore investments.
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2014-06-04
Feature Article
Here's One Fight Uncle Sam Can't Win
Just the other week, I witnessed economic imperialism at work. It came courtesy of a secretive US Treasury bureau called the Financial Crimes Enforcement Network (FinCEN).
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2014-04-28
Feature Article
The Only Legal Way to Opt out of Obamacare
In 1965, when I was nine years old, President Lyndon B. Johnson signed a new entitlement called “Medicare” into law. Proponents of LBJ’s “Great Society” celebrated. No longer would America’s senior citizens be denied health care if they couldn’t affo
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Subscribers Only
2014-04-06
Magazine Article • Emmigration
The Real Reasons Americans Give Up Their US Citizenship
by
Mark Nestmann
The United States is one of only a handful of countries that tax citizens or permanent residents wherever they reside. (The other countries are Antigua and Barbuda, Eritrea, and, in some circumstances, Hungary.)
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Subscribers Only
2013-01-28
Magazine Article • Surviving the Collapse
Passport Denials Long a Feature of U.S. Foreign Policy
by
Mark Nestmann
While the issuance of a passport now is subject to judicial review, once you have it in your possession, if you’re on the FBI’s Terrorist No Fly List, you won’t be allowed to leave " or re-enter " the United States by air.
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Subscribers Only
2013-01-28
Magazine Article • Surviving the Collapse
Feds Expand Definition of 'Cash' to Include Stored Value Cards
by
Mark Nestmann
Entering the United States, you must complete Customs Form 6059B, which explicitly asks if you are carrying more than $10,000 in cash or monetary instruments. Leaving the United States, I’ve only seen one or two warnings red-flagging this requirement
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Subscribers Only
2012-04-30
Magazine Article • Homeland Security
Your Cat May Make You a Terrorist Suspect
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Mark Nestmann
In these halcyon post-9/11 days, we’ve learned apparently innocent actions can instantly convert us from “law-abiding Americans” into “terrorist suspects.”
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Subscribers Only
2012-02-27
Magazine Article • Cyberspace and the New Economy
Moving Precious Metals Internationally"the Essentials
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Mark Nestmann
Why should U.S. citizens or residents consider storing precious metals overseas?
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Subscribers Only
2012-01-24
Magazine Article • Military Industrial Complex
A Blueprint for a Transition to a Peacetime Economy
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Mark Nestmann
What force drives our continuous state of war? In 1961, President Dwight D. Eisenhower warned in his farewell address that a "military-industrial complex" was acquiring national influence that could cause a fundamental shift in the way the United Sta
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Subscribers Only
2011-12-30
Magazine Article • Free Speech
What's Ahead for Civil Liberties in 2012?
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Mark Nestmann
Civil liberties are inconvenient for Big Government and its apologists. What's more, it's easy to persuade a population conditioned to the erroneous proposition that civil liberties and security are mutually exclusive that their security depends on
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Subscribers Only
2011-05-27
Magazine Article • Economy - International
The Many Benefits of a Second Passport
by
Mark Nestmann
It may seem a radical idea at first thought, but passports are a relatively modern invention. Until about a century ago, entering one country didn't generally require official proof of citizenship or nationality in another one.
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