The One Way Back from Historical Non-Compliance with U.S. Securities Law
Step One: Compliant Full Return of Capital, Plus Interest
The Golden Visa Risk Report
Exposing hidden tax traps, financial red flags, and regulatory risks in Golden Visas for U.S. investors. Independent analysis; Series 7 & MS Taxation.
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U.S. SEC announces Retail Fraud Working Group
The SEC Has Named Its Retail Fraud Priorities. Here's Where Golden Visa Funds and Fractional Deeds Fit.
Scream Into the Void, or Enforce It
ARI or IPO: investor capture, manufactured value, and wealth extraction
What Is and Isn’t Actionable: A Recourse Framework for U.S. Investors in Portugal's Golden Visa Program: Part III
Statute of limitations clocks are running on U.S. claims for Golden Visa investors. Part III maps what's actionable, with whom, and on what timeline.
What Is and Isn't Actionable: A Recourse Framework for U.S. Investors in Portugal's Golden Visa Program: Part II
Fund managers, auditors, promoters, and developers face U.S. securities exposure. Part II covers the misrepresentations behind Portugal's Golden Visa funds.
What Is and Isn’t Actionable: A Recourse Framework for U.S. Investors in Portugal's Golden Visa Program: Part I
U.S. investors in Portugal's Golden Visa face a new 10-year citizenship timeline. Part I covers legal challenges, regulator positions, and collective action.
About that SEC v. Banco Espírito Santo case...
The SEC exposure parallels are striking. I hope the story ends differently.
Your Golden Visa Fund's Tax Statement Probably Isn't Going to Preserve Capital Gains Rates. Claim A Refund For Past Years While You Still Can.
If you're a U.S. investor in a PT Golden Visa fund who made a QEF election and paid phantom income tax, you may have significantly overpaid federal income tax and risk losing it.
Portugal Just Changed the Deal. U.S. Securities Law Has Something to Say About That.
Portuguese Parliament voted to double the citizenship timeline from 5 years to 10. Every fund that marketed a "5-year pathway to citizenship" to investors now has a U.S. federal securities law problem
The Economist’s “Economy of the Year” is a Sugar High
Pastel de Not So Fast, The Economist