Tuesday, June 10, 2025
Iraq nears completion of strategic refining project in Basra
Shafaq News / Iraqi Oil Minister Hayan Abdul Ghani announced on Monday that the Fluid Catalytic Cracking (FCC) unit project at the South Refineries Company in Basra is nearing completion and will soon begin operations.
During a visit to the project site, Abdul Ghani described the FCC unit as one of the most strategic developments in the refining sector, expected to significantly curb Iraq’s reliance on imported petroleum products.
He told Shafaq News Agency that specialized Japanese firms are executing the project with support from the Japanese loan, and that work has reached its final stages ahead of trial operations.
The unit is set to produce between 4,200 and 4,500 cubic meters per day of high-octane gasoline (above 92 octane), along with diesel meeting European standards.
Abdul Ghani stated that gasoline imports are projected to drop to 2,000–3,000 cubic meters per day, down from over 16,000 in previous years, noting that the annual spending on imported white petroleum products, which exceeded $5 billion two years ago, has since fallen below $1 billion, and is expected to end entirely with the project’s completion .
He highlighted the role of the Karbala refinery in boosting domestic output, contributing 8,000 to 9,000 cubic meters of gasoline daily and reducing imports to 4,000–5,000 cubic meters.
The minister also pointed to progress at the Kirkuk refinery, operated by the North Refineries Company, which is expected to begin trial production soon with a daily output of no less than 1,600 cubic meters of gasoline.
He confirmed that trial operations for the FCC project’s diesel unit will begin in mid-August, with the gasoline unit to follow.
The FCC unit in Basra is part of a wider effort to modernize and expand refining capacity across Iraq, including projects at the Karbala, Kirkuk, Central, and Northern refineries, aimed at improving fuel quality and meeting higher environmental standards.
GINGER: Across all Tiers 1 through 4, there are 96 platforms
GINGER
π’ Hi there, Happy Campers!! Gingerbread Gintel Crumbs incoming!! ⤵️π₯ππΈπ΄π¦π️ 6.4.25
π’ Background that most of you know - helpful for those who might not... To begin with ⤵️
We often look at the Tier 1-4 placement of movement of these events simply to help us see where we fall in line, in the necessary sequence of (liquidity) events.
· Across all Tiers 1 through 4, there are 96 platforms.
· Tiers are platforms comprised of groups of individuals - with the exception of Tier 1, which is made up of sovereign countries.
· Tier 3 is comprised of groups with large humanitarian projects.
· Tier 4A trigger platforms are really just a pie-slice of Tier 3. But the number of individuals within this segment is so vast, they were just placed in a grouping called Tier 4A, just to aid with understanding and where they fall in place.
· Tier 4B is really just the general public who understand what's coming, are aware and follow these processes of how the global currency reforms play out.
Further, these parties are "ungrouped currency holders", meaning they will exchange or redeem notes independently of any group participation; those individuals who opted out of surrendering their notes to participate in a group's exchange for an earlier agreed upon contract rate.
π₯ The Gintel and Happy News ⤵️ π₯³
· Well, remember we explained earlier that there are 96 platforms across Tiers 1-4? π
π₯ Here's the terrific news: I've been told that the last 58 of these trigger platforms are currently in "finishing mode".π₯✅ππ¦
π§ What you need to know with this information π€¨π§π€⤵️
· Tier 4B doesn't have to wait until all these remaining 58 platforms are finished (and liquid π¦) to go.
· To be clear, there will still be some Tier 3 groups who will be waiting to receive spendable money even after T4B participants have completed their process.
· The timing for Tier 4B, while unknown, could honestly happen at any moment. Let's just continue to watch things play out.
π― As we already reported this morning, we have confirmed reports inside of Iraq where citizens are indeed experiencing ATMs dispensing the lower notes of IQD - but the rate has not been changed as of yet. Iraqis are getting used to the lower denominations for now; and the new exchange rate should be coming for them very soon.
π₯π All the news is really great! π₯π₯³
Iraq’s $300B black hole: Customs crisis exposed
Shafaq News/ Iraq has funneled over $300 billion abroad in official import-related transfers over the past five years, while customs revenues have stayed alarmingly low, the Iraq Future Foundation for Economic Studies and Consultancy reported on Tuesday.
Manar al-Obaidi, head of the foundation, disclosed that between 2019 and 2024, Iraq transferred 415 trillion dinars (about $311 billion) for imports, citing Central Bank figures. Over the same period, the Ministry of Finance collected just 8.5 trillion dinars in customs duties—less than 2% of the total outflows.
“ This return is strikingly low,” al-Obaidi observed, estimating that under a standard 7% tariff, even with exemptions, Iraq should have brought in at least 29 trillion dinars. The shortfall tops 21 trillion dinars, or approximately $14.5 billion. “This estimated loss is conservative; the actual figure could be much higher.”
Al-Obaidi also cautioned that tariff waivers don’t fully explain the gap, blaming entrenched flaws in the customs system. “The scale of lost revenue points to pervasive loopholes and systemic inefficiencies.”
TIDBIT FROM SANDY INGRAM
Sandy Ingram
For decades Iraq has relied almost entirely on oil sales to support its economy.
But now the government is working to create a second source of income by getting involved in the global carbon market...Iraq also plans to raise money through carbon bonds which are investments tied to projects that lower emissions.
This shift not only helps Iraq cut pollution...but also attracts new investors and supports long-term financial stability.
This is excellent news for Iraq and for IQD investors.
Al-Sudani Confirms The Continuation Of Work On Construction, Reconstruction And Development Projects Throughout Iraq
Al-Sudani Confirms The Continuation Of Work On Construction, Reconstruction And Development Projects Throughout Iraq
Monday, June 9, 2025 | Politics Number of reads: 257 Baghdad / NINA / Prime Minister Mohammed Shia Al-Sudani stressed the continuation of work on construction, reconstruction and development projects across Iraq.
Al-Sudani said during his meeting with a number of sheikhs and dignitaries of Anbar Governorate, hosted by the Chairman of the Anbar Tribal Council of Sheikhs, Head of the Al-Bu Dhiab Tribe, Sheikh Hamid Turki Al-Shawka: "We conducted continuous tours in the governorates and developed a special plan for each governorate that suits its service and economic conditions."
He added: "Anbar has many potentials and opportunities, and the government has provided great support to the local government to complete stalled projects and establish new ones."
The Prime Minister continued: "Gas investment in Anbar is at the top of the government's priorities, and we have directed the completion of the Akkas field project, which will provide fuel for the 1,600 megawatt Anbar gas station."
Politically, Al-Sudani said: "Iraq's positions are based on its national interests, mutual respect, and non-interference in internal affairs. We have kept Iraq away from the circle of
conflict in the region and emphasize its important pioneering role through its presidency of the Arab Summit and the Development Summit.
We have a vision for the most important challenges and problems and have provided solutions for each file and structural reforms in every sector."
He went on to say: "We proposed the Strategic Development Path project and worked to engage friends and brothers according to a vision of intertwined interests. We directed to address the water scarcity crisis, and the government has put in place mechanisms and plans to confront this crisis."
During the meeting, Al-Sudani offered his sincere congratulations on the occasion of Eid al-Adha, asking God Almighty to spread security and stability throughout Iraq and to alleviate the suffering of our people in Palestine and Lebanon in the face of the ongoing Zionist aggression.
He pointed to the image of cohesion and solidarity among our people from all governorates, and the role of tribes in facing various challenges, most notably the challenge of terrorism, stating:
"The security and stability that Iraq enjoys is thanks to the blood of the martyrs and wounded heroes," stressing the endeavor in this atmosphere to achieve more construction, reconstruction and development throughout Iraq. / End https://ninanews.com/Website/News/Details?key=1233398
REPORT BY MR SALVAGE from COLOMBIA (ENGLISH & SPANISH)
MR. SALVAGE
REPORT BY MR SALVAGE from COLOMBIA
The Betzabe Pentecostal leader said that there are still no established dates to deliver the blessings and the rumors that she has been arrested are false, that she is waiting for the exit that is out of her hands, when that will happen,
There is a frantic public in Colombia that goes to the banks saying that they will receive millions and she tells those people to be cautious because they cannot put their lives in danger, this MR Salvage thinks that they are waiting for IRAQ to leave.
TRANSLATION IN SPANISH
MR. SALVAGE
INFORME DE MR SALVAGE desde COLOMBIA
la lΓder pentecostal betzabe dijo que aΓΊn no hay fechas establecidas para entregar las bendiciones y los rumores de que ha sido arrestada son falsos, que estΓ‘ esperando la salida que se le escapa de las manos, cuando eso sucederΓ‘,
hay un pΓΊblico frenΓ©tico en Colombia que va a los bancos diciendo que recibirΓ‘n millones y ella le dice a esa gente que sea prudente porque no puede poner sus vidas en peligro, este MR salvage opina que estΓ‘n esperando a que IRAQ se vaya.
Gold Prices Stabilize Amid Anticipation Of A New Round Of Talks Between The US And China
Gold Prices Stabilize Amid Anticipation Of A New Round Of Talks Between The US And China.
Monday, June 9, 2025 | Economic Number of reads: 215 Baghdad / NINA / Gold prices stabilized on Monday, amid hopes that a new round of trade talks between the United States and China could ease tensions between the world's two largest economies.
The precious metal was traded above $3,306 an ounce, after falling on Friday with the release of better-than-expected US jobs data, which eased some concerns about a slowdown in the US economy.
Top trade negotiators from Washington
and Beijing are scheduled to hold a new round of talks in London on Monday, with a particular focus on China's dominance in rare earth production.
Silver remained stable, while palladium and platinum recorded a slight decline. https://ninanews.com/Website/News/Details?key=1233365
TIDBIT FROM FRANK26
Frank26
Question: "If the dinar went from $1.00 to $4.81 would it cause confusion in businesses and consumption prices?"
Yes. The goal is to reach 1 to 1 status. Once it is, that 1 to 1 stay inside the country...
When it leaves outside of the border on a vehicle called Forex the rest of the world will touch the Iraqi dinar by using it, selling it, spending it, investing in it, platform banks with it, that movement of the dinar will allow that 1 to 1 that started in country, but when you went outside you're maturing, $1.50, $2.00, $2.50 .
Who determines that value? The outside market.
Do you think the outside market is just dying to get their hands on the Iraqi dinar?
A US Report Praises Iraq's Economic Policy: "A Quiet Return To The Global Energy Arena."
A US Report Praises Iraq's Economic Policy: "A Quiet Return To The Global Energy Arena."
Energy The American website International Policy Digest reported that Iraq is making a "quiet return" to the global energy scene, while questioning whether it can transform oil into sustainable economic influence while still facing "institutional fragility" and ongoing political volatility.
The report explained that Iraq is quietly recalibrating its energy diplomacy at a time when the global oil market is entering a new phase of volatility, shaped by shifting geopolitical alliances, demand trends, and the rapidly increasing priority of the transition to green energy.
The report noted that Iraq's recent agreements with China, India, and France indicate a strategic effort to diversify trade partnerships, allowing Baghdad to balance its economic future between Eastern and Western powers. However, it added, these deals reflect a larger dilemma: how to transform oil diplomacy into sustainable economic influence in a country that continues to face "institutional fragility" and ongoing political volatility.
The report considered that Iraq's heavy reliance on oil has made Baghdad vulnerable to global economic shocks, adding that Iraq's energy strategy has traditionally focused on exports to Western markets, and that ongoing political instability has led many Western companies to hesitate to invest in the long term.
To address this, Iraq has increasingly turned to Asia, and to a lesser extent, Europe, in its quest for economic stability and geopolitical importance, the report noted. China has rapidly emerged as Iraq's energy partner, importing 1.19 million barrels per day (bpd), representing a third of Iraq's oil exports despite not being formally part of the Belt and Road Initiative. Chinese corporate investments are cementing Beijing's role as another Asian power in energy diplomacy.
The agreement reflects a similar logic, demonstrating Chinese state-backed companies in Iraq's reconstruction while gaining long-term access to strategic goods.
However, as China consolidates its position through large-scale investments and control of commodities, another Asian power is gaining ground through a more aggressive form of energy diplomacy. India, now the world's third-largest oil consumer, is increasing its purchases
of Iraqi oil, with its purchases from Iraq expected to exceed those from Saudi Arabia by 2024.
In addition to this Asian component, the report stated that Iraq's oil diplomacy with France adds a key European layer to Baghdad's diversification strategy, including through the agreement with TotalEnergies in 2023. It added that the two-year suspension of the agreement, followed by its resumption, confirms Baghdad's willingness to pursue deeper engagement with European stakeholders.
The report continued, "Most importantly, this agreement with the French also includes solar infrastructure, signaling the reality that the dominance of fossil fuels has an expiration date." Equally important, the French partnership demonstrates Iraq's desire to keep diplomatic doors open with the West, even as it expands eastward.
However, the report stated that Iraq's energy landscape continues to be shaped by powerful regional players, including Iran and Turkey. Turkey has leveraged its role in Iraq's electricity supply to exert political influence, but Baghdad's repeated failure to pay for Iranian energy has led to recurring power outages, giving Tehran significant leverage over Iraq's domestic stability.
After noting the often-complicated clash between Turkey's ambitions to become a regional energy corridor and Iraq's infrastructure constraints, the report explained that nowhere was this more evident than in the case of the Kirkuk-Ceyhan pipeline, a vital oil export artery that has been out of service since 2022. Legal disputes over Kurdish oil exports and revenues have complicated its re-operation, although bilateral negotiations may be making progress.
Thus, the report stated that within the broader context, Iraq's energy diplomacy appears simultaneously expansive and restrictive. On the one hand, Baghdad is expanding its economic base and diversifying its international partners, but on the other, its ability to implement a long-term political vision remains at risk due to internal divisions and external dependencies.
The report went on to explain that the Iraqi government's current five-year plan requires greater economic diversification, but without deeper structural reform, oil diplomacy risks becoming a short-term solution to governance failures.
However, the US report considered Iraq's advanced strategy to have significant weight, explaining that with the shift in global demand for oil and the geopolitical transformation of energy toward a multipolar system, mid-level producers like Iraq can play a significant role in shaping future energy dynamics.
He added that Baghdad's balancing policy of building relationships across Asia and Europe, while avoiding over-reliance on any one party, is part of a strategic hedging strategy. The success of this strategy hinges not only on its reliance on international engagement, but also on the country's ability to rebuild local institutions and policy infrastructure.
The report concluded by stating that "energy diplomacy in Iraq is about more than just barrels and buyers," explaining that it reflects a broader experience, and questioning whether the resource-rich but "politically fragile" country can turn economic need into geopolitical advantage.
He continued by saying that if Iraq succeeds, its emerging energy strategy could mark the beginning of a new chapter, one that relies not only on diversifying its buyers, but also on recalibrating its foreign policy. He explained that by courting both Eastern and Western powers, Baghdad is asserting itself not only as a passive source, but as an increasingly deliberate player in the future of global energy policy. https://economy-news.net/content.php?id=56158
BREAKING: US Treasury CONFIRMS Iraqi Dinar Revaluation
BREAKING: US Treasury CONFIRMS Iraqi Dinar Revaluation
Summary
In May 2025, the Vietnamese Dong (VND) underwent an unprecedented and abrupt revaluation, shifting from approximately 23,500 VND per 1 USD to an astonishing 1,200 VND per 1 USD overnight. This significant appreciation occurred without prior announcement or media leaks, catching the global financial community by surprise.
The sudden change was reflected simultaneously across multiple banking systems and forex platforms worldwide, triggering immediate volatility and confusion.
This carefully orchestrated financial operation aimed to align the currency’s value with Vietnam’s robust economic growth and international trade prominence, signaling the country’s arrival as a major economic player.
The revaluation resulted in dramatic gains for investors holding Vietnamese Dong, with some experiencing a nearly 1,900% increase in USD-equivalent holdings.
A tiered rollout of the new exchange rate was implemented to help manage liquidity and minimize market panic, with institutional investors and private banks receiving early access before retail systems updated.
Evidence suggests this event was coordinated behind closed doors by Vietnamese authorities in cooperation with international financial bodies such as the International Monetary Fund (IMF), who subtly acknowledged a recalibration of regional currencies in a vague but telling statement.
Vietnam’s Dong had long been considered undervalued relative to the country’s booming export sector, foreign direct investments, fast GDP growth, and numerous free trade agreements with major economic powers.
By revaluing the Dong, Vietnam acknowledged its true economic strength while also testing global financial systems’ ability to absorb such a significant currency shift without causing widespread market destabilization.
The event has implications beyond Vietnam, potentially paving the way for other undervalued currencies—such as the Iraqi Dinar and Venezuelan Bolivar—to undergo similar revaluations. Financial institutions globally appear to have quietly upgraded their systems in preparation for such changes.
For individuals holding Vietnamese Dong, strategic steps are advised, including verifying legitimate holdings, approaching financial institutions calmly, avoiding scams, closely monitoring communications, and maintaining detailed documentation of all transactions.
Despite initial operational challenges, the global financial system largely adapted to the sudden currency shock through measures like enhanced security verifications, withdrawal limits, and private banking appointments to maintain market stability.
Regionally, the Dong’s strengthening could prompt neighboring Southeast Asian countries to reassess and possibly adjust their own currencies to maintain export competitiveness. This revaluation marks a pivotal moment in currency markets and may usher in a new era of global financial recalibration.
Highlights
- π₯ Vietnamese Dong abruptly revalued from ~23,500 to 1,200 VND per USD overnight in May 2025.
- π The revaluation triggered immediate, widespread updates across global bank systems and forex platforms.
- π Dong holders saw near 1,900% gains in USD value, turning small investments into substantial wealth.
- π¦ A tiered rollout favored institutional investors, revealing a controlled and strategic implementation.
- π IMF and Vietnamese authorities coordinated the move quietly, confirmed by indirect official statements and web maintenance.
- π« Forex platforms paused Dong transactions to manage extreme market volatility and liquidity risks.
- π This event could signal a broader trend toward global currency resets, affecting other undervalued currencies worldwide.
Key Insights
⚡ Shock Revaluation Without Warning: A Rare Financial Event
The Vietnamese Dong’s sudden revaluation stands out as an exceptionally rare example of a major currency adjustment executed without prior notice. The lack of leaks and official announcements heightened global market chaos but also served as a blunt demonstration of modern financial system resilience. This event highlights how coordinated efforts between national banks, private institutions, and international financial bodies can orchestrate large-scale economic changes discreetly, relying on sophisticated back-end infrastructure and strategic communication.π Economic Fundamentals Drive Currency Realignment
Vietnam’s rapidly growing economy—with major export improvements, foreign investment inflows, and numerous trade agreements—had long argued for a stronger currency to reflect the country’s actual economic position. The old exchange rate distortion created arbitrage opportunities and mispriced risks globally. The revaluation corrects this disparity and signals international recognition of Vietnam as an economic powerhouse, validating years of macroeconomic growth and positioning the country more competitively on the world stage.πΌ Tiered Implementation Indicates Market Stability Focus
The staged rollout of new exchange rates—prioritizing private banking and institutional clients before retail channels—demonstrates a deliberately cautious approach to managing liquidity and avoiding market panic. This approach allowed key players to prepare while limiting a sudden rush by retail investors, ensuring smoother operational transitions across complex banking and forex platforms. It also reflects the increasing sophistication and control exercised by financial institutions during major market events.π International Coordination and the Role of the IMF
The International Monetary Fund’s vague yet timely statement implies a broader strategy underpinning regional currency recalibrations beyond Vietnam. The IMF’s involvement suggests a multilateral endorsement and potential coordination aimed at stabilizing markets and ensuring orderly transitions in line with evolving global economic realities. This coordination adds legitimacy to the revaluation and may signal a new era of currency management aligned with geoeconomic trends.π‘ Financial System Resilience and Security Enhancements
Despite initial service interruptions, login delays, and temporary withdrawal limits, the global banking infrastructure adapted remarkably to the sudden exchange rate shock. These operational issues reflect a stress test for financial systems, pushing institutions to enhance fraud prevention, liquidity management, and client verification protocols. This resilience underscores banks’ and forex platforms’ readiness to handle future currency shocks while protecting consumers and maintaining market stability.π New Precedent for Global Currency Resets
Vietnam’s successful revaluation is likely to inspire other nations with historically undervalued currencies to consider similar moves. The implicit references to backend infrastructure upgrades in emerging markets and the presence of dynamic currency recognition systems suggest an ongoing, broader trend toward flexible exchange rate policies. Investors and policymakers should prepare for additional currency adjustments worldwide, potentially leading to a period of heightened global currency volatility and realignment.π¦ Practical Advice for Dong Holders and Investors
For individuals holding Vietnamese Dong, the sudden revaluation necessitates careful, measured responses: verifying the authenticity of holdings, approaching banking services calmly and professionally, avoiding unregulated third-party offers, and maintaining detailed transaction records. This pragmatic approach will help mitigate risks related to scams, improper valuation, or liquidity challenges. Financial literacy and cautious communication are critical to capitalizing on this rare financial opportunity safely.π Regional and Corporate Ripple Effects
The Dong’s strengthening has significant implications for Vietnam’s trading partners and multinational corporations headquartered in the country. Higher currency values make exports more expensive, potentially reducing competitiveness relative to neighbors such as Cambodia, Laos, and Indonesia. These countries may respond with their own currency adjustments to maintain export balance. Multinational firms must also recalibrate payroll and compensation structures to reflect new exchange rates, impacting operational costs and strategic planning within the region.
This historic currency revaluation of the Vietnamese Dong marks not only a financial milestone for one nation but potentially signals a broader paradigm shift in global currency management and economic realignment. Stakeholders worldwide—from investors to policymakers—must carefully observe ensuing developments and adapt strategies to navigate the evolving landscape.
FRANK26: "THERE ARE 3 ZERO NOTES & THERE ARE LOWER NOTES, 2 DIFFERENT THINGS"
KTFA
FRANK26: "THERE ARE 3 ZERO NOTES & THERE ARE LOWER NOTES, 2 DIFFERENT THINGS"...F26
The currency printed in Iraq is at its lowest level since a year.
6/8/2025
News-Economy
Data showed Central Bank of Iraq The value of the issued currency, "printed" in Iraq Currently at its lowest level in a year.
According to the latest data Statistics For the currency issued in Iraq In April 2025, the value of the issued "printed" currency will be 98.4 trillion Iraqi dinars, down from 99.8 trillion Iraqi dinars in March 2025.
This is the lowest value of Iraqi foreign exchange exports in two years, specifically since March 2024, when exports reached 98.3 trillion Iraqi dinars.
The value of Iraqi foreign exchange exports had risen to more than 100 trillion dinars from May 2024 until January 2025, before gradually declining to below 100 trillion dinars.
SANDY INGRAM: Canal Investment in Vietnam #vnd IQD Rate
SANDY INGRAM: Canal Investment in Vietnam #vnd IQD Rate
Summary
This video explores the feasibility and strategy of investing Vietnamese Dong currency in rental properties located in Vietnam through a group investment model leveraging the platform Tribe Vest.
While the Iraqi dinar remains a priority investment, the potential slow adjustment of the Vietnamese Dong encourages the exploration of alternative avenues, such as real estate rentals.
Tribe Vest, primarily serving U.S.-based investors, provides the infrastructure needed for collective investment, including the formation and management of limited liability companies (LLCs), pooled funds, and transparent governance tools.
The investment strategy involves forming an investment group or “tribe” through Tribe Vest, which entails creating a multi-member LLC, drafting an operating agreement outlining group roles and investment strategies, and opening a secure FDIC-insured business bank account. Group governance is made efficient by Tribe Vest’s proposal, voting, and communication tools. The financial model for investing in Vietnamese rental property requires gathering a sufficient number of members to raise enough capital—approximately $100,000 for property valued at this amount. For example, 100 members investing $1,000 each or 400 members investing $250 each could raise the necessary funds.
Expenses related to Tribe Vest include an initial $249 setup fee, monthly subscriptions starting at $29 to $34 (depending on payment plan), registered agent fees, and annual report filing fees. These costs are covered by YouTube membership fees paid by participants, set at $2.99 per month, which also finance research and facilitate private communications among investors.
Investing in Vietnamese real estate requires navigating specific legal regulations concerning foreign ownership, making it imperative to seek advice from real estate professionals familiar with Vietnam’s laws. Additionally, the establishment of dependable property management in Vietnam is critical for rental operations, maintenance, and tenant management. Financial regulations in both the U.S. and Vietnam around currency exchange and fund transfers must be complied with, requiring the engagement of financial professionals.
Although Tribe Vest does not directly handle international property acquisitions, it equips investment groups with foundational legal and financial infrastructure to collectively invest in such properties. The channel supports this endeavor by connecting investors to a real estate broker based in Vietnam who is also a U.S.-born YouTuber, ensuring expertise and communication channels for members. Overall, this group investment plan offers a structured, legal, and practical approach to leveraging Vietnamese Dong in Vietnam’s real estate market via collective investment and careful management.
Highlights
- π»π³ Utilizing Tribe Vest as a platform to form investment groups for purchasing rental properties in Vietnam.
- π’ Formation of a multi-member LLC and operating agreements to govern the investment group effectively.
- π΅ Group funding model requiring substantial member participation to reach investment goals, e.g., 100 members at $1,000 each.
- ⚖️ Necessity of legal expertise due to Vietnam’s strict foreign property ownership regulations.
- π Importance of reliable property management for successful rental operations in Vietnam.
- π³ Addressing currency exchange, fund transfers, and regulatory compliance between U.S. and Vietnam financial systems.
- π₯ Leveraging YouTube membership fees to finance investment group expenses and support transparency & communication.
Key Insights
π️ Group Investment via LLCs Provides Legal Protection and Structure: The use of limited liability companies to pool funds creates a formal legal entity that shields indiv idual investors from personal liability. Drafting a detailed operating agreement further clarifies roles and decision-making processes, reducing management conflicts in group investments. This framework transfers complexities of property ownership into a manageable system.
π Tribe Vest Bridges U.S. Investors to International Real Estate Markets: While Tribe Vest primarily serves U.S.-based investments, its platform effectively supports the infrastructure needed to invest globally. This means groups can efficiently establish legal entities, open bank accounts, and govern collectively even when ultimately investing in foreign markets like Vietnam, which typically have higher regulatory barriers for foreigners.
πΌ Operational and Administrative Costs Are Important and Covered Creatively: Startup fees, monthly subscriptions, registered agent services, and annual filings present recurring expenses that can be barriers if not managed properly. Using a YouTube membership model to subsidize these costs ensures sustainability without directly charging members exorbitantly. It also aligns member engagement with funding the operational backbone.
π Vietnam’s Real Estate Ownership Laws Require Expert Navigation:Foreign ownership laws in Vietnam are complex and can significantly impact the legality and longevity of property investments. Consulting Vietnam-specific real estate attorneys and brokers decreases risk by ensuring all transactions comply with local law and regulations. This step is especially critical since misuse or misunderstanding could lead to loss of investment or legal issues.
π Reliable Property Management Is Crucial for Investment Success:Managing rental properties remotely in Vietnam necessitates trustworthy local property management. This includes oversight of tenant selection, rent collection, property maintenance, and compliance with local landlord-tenant laws. Without this, rental returns could be compromised, and property value could diminish due to poor upkeep or tenant disputes.
π± Cross-Border Financial Coordination Adds Complexity: Currency exchange between Vietnamese Dong and U.S. dollars, along with multi-jurisdictional financial compliance, requires coordination with banks and financial advisors knowledgeable in both countries’ regulations. Ensuring smooth and legal financial operations prevents potential fund transfer delays and regulatory violations that might jeopardize investment liquidity and returns.
π² Community Engagement Drives Investment Momentum: The plan to recruit 100 to 400 members emphasizes the power of collective effort. Members recruiting others and participating in governance and communication builds a community invested not only financially but emotionally in the success of the venture. This sociological aspect enhances transparency, accountability, and increases the likelihood of sustained, well-managed investment initiatives.
In conclusion, this video thoroughly outlines how Vietnamese Dong holders can diversify investments by collectively acquiring rental property in Vietnam through a well-structured group investment vehicle founded on Tribe Vest’s platform. It highlights legal, financial, and operational complexities while proposing sound mechanisms to mitigate risks via legal counsel, management strategies, and member engagement. The approach offers a scalable and regulated method of entering Vietnam’s real estate market collaboratively, blending technology, legal infrastructure, and community financing while leveraging the channel’s resources for greater effect.
GOLDILOCKS: Banks Ready for Upcoming Currency Swaps – All Tests Finished @DINARREVALUATION #Iraq
Read also: Q & A WITH GINGER ABOUT HOW PEOPLE WILL RECEIVE NOTIFICATIONS AND THE PROCESS IN THE REDEMPTION CENTERS
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