text: Bob,
  
  I have done business around the world. Most places require giving share ownership to a local citizen and or director in order for a foreign citizen to participate. I have done simple structures and complex structures.
  
  All this stuff you read about is for consumer and public consumption. The real world out there is really really complicated.
  
  For example, Americans are not welcome to open any bank account in Canada. There is no law on the books against it. It's just the banks deciding not pissing off the American regulators after various restrictive measures were brought in after the 2008 fiscal crisis. But there is a way around this bank rule. I have done many of these so Americans can have their monies here to invest discreetly. Of course you will never ever see this in the media.