Yea, he never gives any more details about it, other than they were denied.
The big to do this week was one of the facebook founders renouncing his U.S. citizenship. That is a real surprise, surprise, considering the IPO is coming down the line.
As I recall, we had a member of the forum successfully renounce their U.S. citizenship not too long ago with no big issues. who was that?
It seems there are plenty of people out there able to renounce their U.S. citizenship just fine. Hell, that seems to be one of the U.S. government services that is actually functioning correctly.
As for the sovereign man bs, if you want to buy in to that "cult" thing he is selling (i.e. generate fear and insecurity about the friggen obvious, followed by offering a lifeline), good luck. I am actively telling people that contact us with questions related to what he is pushing in Chile, we will not represent them or be involved in anyway. They are on their own.The only piece of other advise I am giving away with that "go somewhere else" policy, is for them to hire a big law firm in Santiago. They will mostly likly need it sooner or later.
There is a real practical reason we are doing that also. We have found that over the years, the type of people that are easily sucked in to those expat "the sky is falling, jump now" schemes, also tend to make some really stupid investments in Chile and / or just get themselves in a lot of trouble. Likely the cause is simply they also tend to be the types that rush in to things or are otherwise impulsive, and in Chile that is a recipe for disaster (always).
Telling them to go away / stay home, is likly best advice we could give them and it is completely free. If you have trouble reasoning through that sort of stuff on your own and checking your impulses at the door, the problems you are going to encounter in Chile (and the rest of the World for that matter) will eat you alive.
They also tend to make terrible high maintenance clients, that are willing to spend lots of money getting themselves in to trouble but not a lot to get themselves out of trouble. Thus, their investment mistakes get compounded until they have nothing left, then they walk away and blaming it all on Chile.
Spencer Global Chile: Legal and Investment assistance in Chile.
For more information visit: http://www.spencerglobal.com
From USA and outside Chile dial 1-917-470-9653, in Chile dial 65 2 42 1024 or by cell 747 97974.