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Thread: Ten Rich Investors from the US and Canada Have Contacted Icelandic Authorities, Pledging to Invest Up to $15bn into the Country in Return for Citizens

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    Hundhedensk "Friend of Germanics"
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    Ten Rich Investors from the US and Canada Have Contacted Icelandic Authorities, Pledging to Invest Up to $15bn into the Country in Return for Citizens

    Ten rich investors from the US and Canada have contacted Icelandic authorities, pledging to invest up to $15bn into the country in return for citizenship

    On Saturday, Icelanders will go to the polls to vote on the whether their country should repay the British and Dutch governments for the losses incurred when the internet bank Icesave went bust in 2008. The opposing yes and no camps have been running a fierce campaign battle, and the national conversation has been completely dominated by the dispute. Indeed, mention the word "Icesave" to Icelanders, and most want to run for cover. Which is why the matter of the "golden geese" last week provided something of a welcome respite.


    The story took most everyone by surprise. Ten mega-rich investors from the US and Canada had contacted Icelandic authorities and were pledging to invest up to $15bn into our cash-strapped economy. All they wanted was a teeny-weeny favour in return: Icelandic citizenship for themselves and their children.


    To the glib observer, the deal certainly sounded attractive. The tycoons' Canadian attorney, one David Lesperance, gushed to Iceland's national public-service broadcaster RÚV that the group had been so taken with the country that they wanted to "join team Iceland". They were, he said, "motivated beyond money" and were primarily looking to invest in the country for political and philanthropic reasons.


    When the reporter sounded doubtful, he quickly added that they were also concerned about the number of nuclear power plants being built where they lived, and about their children being drafted into the military. Neither of which would happen if they lived in Iceland.


    Icelandic citizenship, like citizenship in most countries, is usually not up for sale. Potential candidates have had to fulfil stringent requirements, including having lived in the country for a number of years. Currently there are two high-profile cases pending, involving women who have had applications for residency in Iceland denied. Both have widespread support among the general public and are currently awaiting the outcome of an appeal.


    That the head of the Icelandic parliament's general committee seemed to support the tycoons' application – or at least not to outright reject it – has caused massive indignation. In conversation with RÚV he said that it should at least be given due consideration, stated (wrongly) that other countries, such as Canada and Australia, offered citizenship to solvent, wealthy investors, and reminded viewers that Icelandic citizenship had been granted under exceptional circumstances in the past – most famously in the case of former chess champion Bobby Fischer.


    The outrage within Iceland was immediate. Blogs and social media sites seethed with disapproval. The general sentiment was that we'd been sold down the river before … we were duped by the bankers and "Viking raiders", and have recently seen a large swath of land, rich in geothermal energy, taken over by a Canadian company – a deal that has been met with vehement opposition, most notably from Icelandic singer Björk. We would not be duped again.


    And anyway, why the emphasis on citizenship? If these people simply wanted to "join team Iceland", they were free to invest in most sectors. No one was rejecting their money. Mind you, they could not legally gain access to Icelandic resources (although the aforementioned Canadian deal proved that with a few hat tricks even that was possible) – and anyway, their attorney emphasised that this was by no means their intention.


    Some light was soon shed on that particular matter with the discovery of a website run by Lesperance, entitled Flight of the Golden Geese – a bizarre conception that at first looks as if it was made for Old MacDonald and his farm. Prominently displayed on the page is a helpful video that can only be interpreted as propaganda for tax exile, and which in a mildly creepy fashion seems designed for a child.


    In another location on the site, we came rather more directly to the point: "David Lesperance specializes in providing tax-efficient global multi-jurisdiction residence/citizenship and domicile solutions which enable his clients to maintain or improve their current personal and business lifestyles."


    A-ha.


    Could it be that the golden geese are flying away from US authorities, who are currently cracking down on citizens with offshore bank accounts? Those citizens will face hefty fines

    unless they come forward and declare their accounts. Something that could likely be avoided with new citizenship.


    I find it highly unlikely that the 10 golden geese represented by Lesperance will be successful in their bid for instant citizenship in the Land of Fire and Ice. However, the whole affair has highlighted a number of issues that it is no doubt healthy for citizens of all nations to consider. Issues such as: how valuable is citizenship and national identity? How ethical is it for economically vulnerable countries to "sell" citizenship in return for a financial injection into their economy? And are the golden eggs laid by golden geese really made of gold – or only fool's gold?


    And once the Icesave dispute has been settled – one way or the other – the Icelanders may just have some time to devote to such questions.
    Source http://www.guardian.co.uk/commentisf...p-golden-geese

    Suspicious... I think they want to get the hell out of dodge before hell breaks loose.

  2. #2
    Anachronism "Friend of Germanics"
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    Quote Originally Posted by Hersir View Post
    Suspicious... I think they want to get the hell out of dodge before hell breaks loose.
    I do too, but why the outrage over this, when there is apparently little outrage over this?

    http://forums.skadi.net/showthread.php?t=136689

    Let the rich people in and boot the Africans!
    (unless, of course, they are Jews or other racial noncompatibles)

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    Senior Member uppvaknad's Avatar
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    What is the catch?

    Personally I think it could be about power. They are buying Iceland.

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    Quote Originally Posted by Huginn ok Muninn
    Let the rich people in and boot the Africans!
    (unless, of course, they are Jews or other racial noncompatibles)
    Oh c'mon, have you looked at what this mister David Lesperance does? He has a complex construct of tax fraud that includes selling foreign citizenship to escape the tax hunters. They are organised criminals, nothing more, and they wouldnt only "buy" (blackmail) Iceland and probably most of its businesses, they would also sell more citizenship to others, execute power by money over Iceland, undermine their self-determination. You really dont want these people in your country, specially not when it is a country as small as Iceland.

    From some of the websites he runs or is part of or writes articles for:


    Canada: A non-traditional tax haven - Canada: A non-traditional tax haven - An interesting article on using Canada as a tax haven.

    Can U.S. Expatriates Be Barred From The U.S.? - Can U.S. Expatriates Be Barred From The U.S.? - An informative article that debunks the current miss information.

    David S. Lesperance - David S. Lesperance - Mr. Lesperance has developed a particular expertise in dealing with individuals who are acquiring residency or citizenship to fulfill tax or estate planning objectives. This may involve moving to high tax countries on a low tax basis; acquiring residency in various tax havens; and/ or acquiring a legal “instant citizenship”. Mr. Lesperance’s specialization includes immigration and citizenship issues, offshore trust and tax planning issues, and the introduction of these clients to banking, accounting, and other professionals.

    Economic Citizenships / Passports: Myths & Realities - Economic Citizenships / Passports - by David Lesperance - "Economic citizenships and their attendant passports offer many advantages to people. I have over 200 clients who would say it is the best money they ever spent. Their citizenships are an integral part of a larger workable tax strategy. They enjoy the freedom to travel when and where they wish without significant hassles. In the global marketplace, this gives them a distinct advantage as they pursue their business or personal objectives."

    Good Morning, This Is Your Wake-Up Call - Immigration & Citizenship Strategies For A Post September 11 World - This trend, which has been underway for the past few years thanks to increased co-operation between governments and initiatives of international organizations, has increased its momentum and justification after September 11th. The implementation of the Qualified Intermediary regime in 2000, the passing of the USA Patriot Act in late 2001, and the recent offshore credit card record requests by the IRS, mean the US is aggressively leading the way in scrutinizing all domestic and international financial trans-actions of its taxpayers. ~ David Lesperance. Sept/02.

    Have you ever been a U.S. citizen or resident alien? Were your parents ever U.S. citizens? Do you think that you lost your U.S. citizenship? Have you not been filing U.S. tax returns every year? Are you facing potential U.S. tax problems? If you answered yes to any of these questions you should visit David Lesperances new website

    (from http://www.escapeartist.com/Articles...esperance.html)

    ----> from this website

    Tax-efficient Citizenship, Residence & Domicile Solutions.
    We achieve your personal, financial and business goals.

    LATEST BLOGS:

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    How Are the Golden Geese Reacting to the Turmoil in the Middle East?


    December 17th, 2010
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    (from http://www.usnonfilers.com/)

    ------------------


    .....and this is from two random search result at google for Mr Lesperance!


    Yes, Iceland has to get rid off this outraging African guy and all other Africans and other racial aliens, but THESE people are NO alternative to them, really. They are criminals, just because they are rich doesnt make them any less criminal.
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    Hundhedensk "Friend of Germanics"
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    Quote Originally Posted by uppvaknad View Post
    What is the catch?

    Personally I think it could be about power. They are buying Iceland.
    Then why do it directly? Surely they could make some other European puppet firms, these guys being so rich and powerful.

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    Eala Freia Fresena
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    They most likely want citizenship and then buy newspapers, TV-channels, network-sites etc and then go and transform Iceland into a jew-heaven, n*gger heaven etc.


    People can rely on themselves, they don't need stinky foreigners to screw up their land. The problem of the Icelanders are foreigners who are screwing around with their economy and financial institutions.

    They need more autonomy and less foreign influence.
    weel nich will dieken dej mot wieken

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