Putting your money into foreign real estate is becoming a more appealing strategy all the time. Thanks to a crazy piece of pork in the recently passed U.S. HIRE Act, currency controls in that country have been seriously tightened. You know, of course, that you have to report any financial accounts you hold outside the United States with a value of more than US$10,000. Now, though, foreign financial institutions are required to report on the investment activities of U.S. citizens. It’s been increasingly difficult for some time for an American to open an international account abroad, and Switzerland recently has … Continue reading The Noose Is Tightening — Here’s How You Slip Out