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July 25, 2014 / 27 Tammuz, 5774
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Why Your Flag Matters

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In part 2 of the Goldstein on Gelt podcast this week, the international flavor continues with an interview with Tom Becker, co-founder and principal of Oceanskies, which handles the registration of private yachts and aircraft. Why does a yacht need to have a nationality, and how does this facilitate the navigation of international waters?  And what are the repercussions on nationality in general? Tune in to gain a new understanding of what “flying the flag” really means.

About the Author: Douglas Goldstein, CFP®, is the director of Profile Investment Services, Ltd, a financial planning firm located in Jerusalem. He specializes in working with clients in New York, Florida, and Israel and is a licensed financial professional both in the U.S. and Israel. Securities are offered through Portfolio Resources Group, Inc., Member FINRA, SIPC, MSRB, SIFMA. Accounts held at Pershing LLC., Member NYSE/SIPC, a subsidiary of The Bank of New York Mellon Corporation. Neither Profile nor PRG gives tax or legal advice. Before immigrating to Israel, it is advisable to consult with a tax attorney who is knowledgeable about Israeli law. Doug’s newest book The Expatriates’ Guide to Handling Money and Taxes is available at www.expatguidetomoney.com. He hosts a weekly finance show, Goldstein on Gelt, on internet radio. Listen live or download podcasts. Toll-free from U.S. 1-888-327-6179, Jerusalem: (02) 624-2788. Follow on Twitter: @DougGoldstein or contact at doug@profile-financial.com.


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