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March 3, 2015 / 12 Adar , 5775
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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 and investment services firm located in Jerusalem. He specializes in working with clients who live outside of the United States and want to maintain a U.S. brokerage account. Doug’s newest book, co-authored with Susan Polgar, about how using chess strategies to improve your finances, Rich As A King can be purchased at www.richasaking.com. He is a licensed financial professional both in the U.S. and Israel. Securities offered through Portfolio Resources Group, Inc., Member FINRA, SIPC, MSRB, FSI. 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. Contact at doug@profile-financial.com


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