ProACT Expatriate Advice

Stuck in a rut? - Sam Orgill of www.proactpartnership.com on solving disputes in a different way

In life we can sort most disputes amicably. The EU offers consumer protection if you buy faulty goods. But sometimes circumstances get out of hand, emotions take over and positions become entrenched.

Normally the dispute ends up in court. However these disputes can be protracted, daunting and expensive.

There is another way to settle disputes in a legally binding way that does not involve the courts. This works for property, mortgage, contracts, and land or commercial disputes.

Arbitration & Mediation
Legal fees and court delays have led to the rapid growth of Arbitration Centres around the world. These are alternative dispute resolution bodies that solve legal issues by arbitration and mediation.

The idea is to settle the dispute through arbitration and mediation, saving time and money.
This involves binding agreements to negotiated settlements. This process can be completed in weeks at affordable costs, agreed in advance.

PEAC Launched
ProACT are proud to announce the launch of a new service, ProACT Expatriate Arbitration Centre “PEAC”, that is totally devoted to arbitration and mediation of international disputes between individuals, companies or organisations.

Mediation and Arbitration are settlement techniques using an impartial third party who imposes a binding decision on all parties in the dispute.

Arbitration and mediation gets agreement between all parties, each step of the process using trusted, independent arbitrators with the appropriate experience.

Contact ProACT
For a FREE review to see if arbitration or mediation can work for you contact ProACT.

ProACT offer expatriate advice services to professionals, business and the retired people living and working abroad including tax, wills, immigration and business services.

Sam Orgill
ProACT Expatriate Arbitration Centre
Web: www.proactpartnership.com
Tel: (+357) 26 819 424
Mail: legal@proactpartnership.com
Facebook: www.facebook.com/proactpartnership

Tax Plantation - Business Living and Working Abroad

Where do you plant the roots of your international business? Is it where your clients are or where you live. Where your family is often a good start.

When business grows there are other issues to consider. Tax efficiency for
income, corporation, dividend, capital gains and inheritance taxes. This
is where ProACT Business Tax Consultants come in with Expatriate and
International expertise for professionals and business living and working
abroad.

ProACT have UK Legal, Accounting and Financial Consultants available to
offer specialist advice in any area of need. If we don't have a specialist
ProACT consultant for your area of need we will know a trusted adviser to refer
you to.

The questions to consider when you are planning to start living and working
abroad, relocate overseas a business, or establish an offshore holding company,
or an offshore trust administration, or work as a expatriate consultant are
varied and depend on your personal objectives.

This is why ProACT always offer a Free Review of your issues as a guide to
what can be done. We can do this at our ProACT Cyprus business office in Paphos
or by telephone or internet conference calls.

The Key Questions we need to know at the outset is;
What is your business format ? Company, Partnership, Contractor, Sole Trader, Investor,
Where will the business owners be resident?
Where will the directors be resident?
Where are the clients?
What is the mix of goods sold v service provision of the business?
Where and how are your business services provided?

When we have reviewed your initial position we can advise you how to
proceed. You can instruct us to report to you and administer new and existing
business and tax affairs. ProACT often work with existing professional
advisers.

Contact ProACT for further information.

Sam Orgill
ProACT Partnership
Take a browse around our website www.proactpartnership.com   for info and ideas.

ProACT Professional Expatriate Advice
Services for professionals, business and the retired living and working abroad
or relocating overseas. 
TAX SERVICES - WILLS & ESTATES - BUSINESS SERVICES - PROPERTY SERVICES

Looking Forward – Year of the Dragon, Sam Orgill www.proactpartnership.com with different thoughts for the year ahead

From my simple view point I can only see caution for investors. As the last 10 years has
repeatedly shown, banks and countries can go bust as well as developers,
companies and investment funds. 
The answer is not to bury your head in the sand, but to invest wisely. What is
behind the investment? Who are making the guarantees? is it good value? If you
don't know, you take a chance and could be caught out.
If you take a calculated risk, you get your return.

ProACT Partnership Expatriate Advice for professionals business & retired living
and working abroad. Expatriate tax living abroad, overseas property & investment relocation consultants for UK citizens living abroad and Cyprus business network when relocating abroad, based Paphos Cyprus.

To review your tax, financial or legal change challenges,contact ProACT through Facebook,

email info@proactpartnership.com ,

or phone on Skype or Google Talk.

Or use the technology of the 20th century and call on +357 26 819 424

Sam Orgill
www.proactpartnership.com
www.facebook.com/ProACTpartnership

Sam Orgill

Take a browse around our website www.proactpartnership.com for info and ideas.
ProACT Professional Expatriate Advice Services for professionals, business and the retired living and working abroad or relocating overseas. 

TAX SERVICES – WILLS & ESTATES – BUSINESS SERVICES – PROPERTY SERVICES

Looking Forward – Year of the Dragon, Sam Orgill www.proactpartnership.com with different thoughts for the year ahead

Well the financial world hasn't changed much over the new year period. Europe still
haven't resolved their solvency issues and continue to drag the world down.
Whither for investors in property, business and investment?

Take Care
From my simple view point I can only see caution for investors. As the last 10 years has
repeatedly shown, banks and countries can go bust as well as developers, companies and investment funds. 
The answer is not to bury your head in the sand, but to invest wisely. What is behind the investment? Who are making the guarantees? is it good value? If you don't know, you take a chance and could be caught out.
If you take a calculated risk, you get your return.

BONDS
Government Bonds were a safe haven for investors but with UK and US bonds being issued at around 2% interest the returns are poor, and these countries still have a lot of debt!, It is no great investment. Less stable countries give you more interest, but they can go bankrupt just like anyone else. This is the problem in Greece . If their bankers around the world continue to fund their debt they are ok, if they pull the plug bond holders lose. Ask the Cypriot banks who have lost half their investment - €9m euros - to Greek banks. Ditto any other south Europe countries.

Deposits
 Bank deposits, please how many times. The bank is as strong as its balance sheet. If the bank has over valued property assets against loans that developers or individuals can't pay, then they are living in the same world as Greece - relying on continued good will and confidence from their bankers, government and customers. There was a major run on Swedish banks in Latvia on a
December Weekend, how fragile is the world of banking at the moment, how fragile the confidence?

Guarantees
 Trust in bank guarantees if you wish but they are as strong as the government behind them..... Can Germany afford to bail every one out in Euro land? Would they? They stand as the only triple AAA rated country in Europe now.
Choose your bank well, choose ones that are profitable and secure. Remember the new economies have the cash and wealth right now , don't pooh pooh Russian, Middle East , Indian or Chinese banks. Remember the world’s biggest bank, although essentially a British Bank, HSBC is the Hong Kong and Shanghai Bank.

Shares
 Shares are regularly dismissed as investment options by individuals. They give up returns of 5-10% long term in exchange for funds and banks where they get 2-4%, the difference is the charges made by the bankers.
The economies , balance sheets and assets of large multinationals can be larger and stronger than many countries and most banks. Invest in Shell or your local bank? Which is more secure?
Apple reported a $79million cash holding in its balance sheet in the summer of 2011, at the time more cash than held by the American government.

Think Differently
 Think differently people to get a better result.
Large , successful, profitable multinationals paying dividend income of 4-5% is logically a better return for cash investors in today's world. Think Glaxo, Shell, BP, AMP, Apple, De La Rue, energy utilities.

This article is not investment advice. It is a guide to thinking differently . You don't have to accept your investment or tax lot, there is always another way, a different way to look at your money, your business, your taxes. A way that will lead to lower taxes, better returns and financial freedom from the normal constraints of the old world.

The world is changing through evolution and revolution driven by IT and information technology. It's done good for Facebook, Apple and Amazon who have created new industries and an abundance of wealth, and lead to the demise of old world thinking business and countries. Join the revolution in 2012 to a better and more prosperous future for everyone.

Contact ProACT
ProACT Partnership Expatriate Advice for professionals business & retired living and working abroad. Expatriate tax living abroad, overseas property & investment relocation consultants for UK citizens living abroad and Cyprus business network when relocating abroad, based Paphos Cyprus.

To review your tax, financial or legal change challenges, contact ProACT through Facebook,
email info@proactpartnership.com , or phone on Skype or Google Talk. Or use the technology of the 20th century and call on +357 26 819 424
Sam Orgill
www.proactpartnership.com
www.facebook.com/ProACTcyprus

Take a browse around our website www.proactpartnership.com for info and ideas.
ProACT Professional Expatriate Advice Services for professionals, business and the retired living and working abroad or relocating overseas. 

TAX SERVICES – WILLS & ESTATES – BUSINESS SERVICES – PROPERTY SERVICES

Prepare for tomorrow, its here today.......

Prepare for tomorrow, its here today....... Enjoy !!

Sam Orgill

Take a browse around our website www.proactpartnership.com for info and ideas. ProACT Professional Expatriate Advice Services for professionals, business and the retired living and working abroad or relocating overseas. 

TAX SERVICES – WILLS & ESTATES – BUSINESS SERVICES – PROPERTY SERVICES 
ProACT Paphos Cyprus office Directions www.proactpartnership.com/services  

How do you get that? Getting Cyprus licences, grants, permits and registrations can be frustrating. ProACT have efficient & Effective Solutions

Starting or running a business in Cyprus can be full of frustrations and challenges; getting licences, grants, permits and registrations. 
 
Whether you rent property or run a business. ProACT offer efficient and effective business administration services for every type of business challenge in Cyprus.

• CTO Licences - Business or Rental.
• Business Registration and Company Formations
• EU & Cyprus Grants - Energy Efficiency or Property
• Title Deed Amnesty & Title Deed Issue
• Education Licences
• VAT Registrations

Contact ProACT for FREE review and evaluation.

We can also offer Will, Probate and Tax services
 
Sam Orgill  

ProACT Partnership Web: www.proactpartnership.com Tel: +357 26 819 424

Mail: info@proactpartnership.com

Relative Values - Protecting Assets

Relative Values
 Sam Orgill of ProACT Partnership examines the values of assets for expats abroad www.proactpartnership.com 

Whither one might ask regarding the value of assets over the last few turbulent years. A recession with many of the characteristics of the 30’s has left people holding the wrong type of assets in
the wrong way at the wrong time. If you have lost out big time what could you have done to avoid the hit? If you have survived on strong fundamental values – will your investments hold up going forward? Who can you trust to have been telling you the truth in the past and future? Above all how can you protect yourself against future uncertainties and losses?

There are simple steps you can take to protect assets like making a Will, administering assets in protective trusts, spreading risk and ownership among the family.  But if you’re in control why do this? Because change happens, and no man is an island in this world.

Hidden Truths
 Many commentators were warning of future disaster for 3 -5 years before the crunch hit. So why can the worlds biggest and most respected banks be caught with their pants down and be whipped into insolvency faster than it took to open the doors of the Moulin Rouge? Well the common theme between Enron, Lehman, Northern Rock, Societie General, and Madoff etc was people lied. Individually and institutionally.

Human nature dictates that in a group the herd instinct takes over sometimes ignoring what individuals know to be right. Take various EU governments trying to squeeze into the Euro zone like the ugly sisters dressing for the Prince’s ball.  Drastic plastic surgery on the financial management of sovereign debt meant they came up smelling of roses and were invited to the ball to feed at the trough of indulgence. As with any lie the truth will out. Unfortunately the
numbers being manipulated means staggering losses comparable to any boom and
bust know.

Unfortunately over the years the bankers had ‘created' debt and treated it as assets inflating ultimately property prices. More innocents piled good money after bad, fuelled by more debt if they were unlucky. When the crunch came for all the financial engineers one stark fact stood out- real value in real assets had disappeared over night. Madoff illustrated this better than anyone when a $50 billion dollar investment fund was found to be worthless overnight.

And everyone pays back. Higher interest charges, exchange rates, taxes, investment loses, redundancies, closed business. The price the global market place inflicts to balance the books and pay the dues.

Look Forward
The futures bright. Not for those with debt or who have lost too much and don’t have the time to make the money back. But what goes down must come up – eventually. Slowly but surely business and the economy gets to be a better place and life a bit easier. But no one doubts that the recovery is a long haul. Remember the swinging sixties boom period – 30 years after the depression of the 30’s.

What lies ahead? The same. We cannot for a moment think that human nature will change. Hidden truths are not just the preserve of large evil global corporations. Unfortunately anyone in this world can hide the truth with a scam that can take advantage of you and your financial security.

Look back to the future and resolve to plan to protect your assets, to protect you and your family’s financial security during your lifetime. Then think about your children and family – better they benefit than some bottomless pit of a tax hole feeding politicians and bankers in equal measure.

Step Forward
First of all make a Will to protect your assets and make sure your family stay in control. An executor is the legal owner of an estate and a ‘trustee’ of you. Make sure that the person you trust with your wealth is know to you and trustable. Don’t trust strangers especially if they claim a ‘hidden truth’ that you have to appoint them as an executor.

Professional executors can do a job but 1-3% of an estate’s value should be a fair price for settling an estate. Remember under Cyprus law fixed charges in excess of 10% of the estate can apply to professional executors.

Secondly think about Inheritance tax. Yes there is no inheritance tax in Cyprus but your home country hold a claim on your worldwide estate. Make plans and arrangements to avoid inheritance tax. In the UK Inheritance tax allowances have be fixed for years ahead and with tax rates rising the tax take will too.

Thirdly explore ways of holding your assets so you can spread control and avoid expensive probate. Depending on your circumstance there are lots of simple easy steps to take to save tax and money without losing control of your assets

ProACT
ProACT Partnership offer expatriate advice to entrepreneurs, professionals and the retired living and working abroad including people relocating abroad. ProACT Services include private family and business, investing in property abroad, tax returns and rebates, making a will, trusts and estates, investment and pensions. ProACT offer free reviews and seminars in Cyprus & the UK regarding the topics contained in this article or for more information.

Sam Orgill
Tel: +357 26819424
Contact us at info@proactpartnership.com
www.proactpartnership.com
If you would like to know
more about the issues raised in this article or discuss it further with one of
our experts please contact the ProACT office in Cyprus at the address given below
or email info@proactpartnership.com

This article is the property of the copy write owners Sam Orgill and ProACT Partnership Ltd and may not be reproduced in any way without prior written permission of the copy write
owners.