Peter Schiff Goes to Puerto RicoInternational Man
Apr. 11, 2014
Itís been a little over a year since I sat down with Peter Schiff at his house in Connecticut to discuss the importance of international diversification. Since then, the options available to take protective measures have declined in many ways, especially as the destructive FATCA law comes into force.
While some doors have closed, others have opened. And perhaps one of the most significant new opportunities in the world today is the tax incentives in Puerto Rico.
In fact, Alex Daley and Louis James, two of my Casey Research colleagues, have already moved to Puerto Rico to take advantage of the tropical weather and low taxes.
Peter Schiff is also moving there. He has already moved one of his businesses there and plans to move personally sometime in the future.