Offshore Living Letter is a publication of Live and Invest Overseas. Our goal is to provide timely, actionable information on all things offshore, including: how to go offshore, diversifying your portfolio, wealth creation, protecting your assets, and much more.
Year: 2012
11
Oct
The Easiest, Smartest First Step To Internationalizing Your Life Editor's Note: Lief is busy today co-hosting Live and Invest Overseas' Retire Overseas Conference taking place in San Antonio, Texas. He has suggested, therefore, that we rerun an Offshore Living Letter classique, the inaugural issue from January 2012. Lief will be back online Monday, in time for your next [...]
08
Oct
Every U.S. Taxpayer Who Qualifies Must File Form 8938 Annually Starting This Year
Time To File Form 8938 The second round of this year's U.S. tax season is coming to a close. Any U.S. person who applied for an extension must file his tax return by next Monday, Oct. 15. After weeks of procrastination and one miserable weekend, mine are almost finished. The big change this year is [...]
04
Oct
Moving Overseas With School-Aged Children
The Offshore Life With Kids Some folks' "going offshore" plan involves moving some cash to an offshore bank account. And that's great. At the other end of the spectrum is a fellow I met with today who up-ended his young family and moved to Panama well before retirement age. With two kids and a wife [...]
01
Oct
Banking Worldwide Is More Regulated All The Time
I met last week with a banker from a bank I’ve worked with for years. In conversation, I lamented the difficulties we would-be account-holders face these days when trying to deal with banks around the world, especially if the passports we hold are American. She responded to point out that it’s not only account-holders who […]
24
Sep
The Cost Of Holding Real Estate: Property Taxes And HOA Fees
The Cost Of Holding Can Be More Important Than The Cost Of Buying I read recently about a home owner's association in Florida foreclosing on units because owners are delinquent with their HOA fees. The article focused on a couple of condo complexes where the monthly HOA fees had been increased to the point where [...]
17
Sep
How To Buy Real Estate Overseas
Pay For What You See "'Buy what you see,' you tell us all the time, Lief," wrote a reader recently. "Yet, at the same time, you promote pre-construction investments. How does that make any sense?" Perhaps I should adjust the mantra from "Buy what you see" to "Pay for what you see." Taken literally, Buy [...]
13
Sep
Colombia Qualifies As One Of The World’s Most Attractive Investment Markets
Low Debt, Low Inflation, And Continued Growth--This Is The Third World? In Monday's dispatch, I wrote about misguided misperceptions that persist related to life in Colombia. Most of the world continues to think this country is a no-go zone for safety reasons. Sure, wander off into the jungle regions near the border with Ecuador or Venezuela...or [...]
06
Sep
What’s Panama’s New “Specific Countries” Residency Program?
Easy Residency And Even A Work Permit In Panama Here's the most important thing to understand about the "offshore world": The rules can (and do) change fast. You can't assume you understand something today (to do with establishing residency, obtaining citizenship, opening a bank account, etc.) because you researched it a month or two ago. [...]
03
Sep
Establishing Irish Residency And Obtaining An Irish Passport
New Irish Residency Scheme Not A Sure Path To Citizenship In researching the lead article for the August issue of the Simon Letter on Irish citizenship, I came across information about economic residency options the Irish government came up with earlier this year. Some are touting these as economic citizenship options. Unfortunately, that's not really the case. [...]
30
Aug
Tax Debates In France: Who Wants Egalite?
In doing further curiosity reading after my Monday dispatch to you about the current tax debates here in France, I found some hilarious comments posted on news sites discussing Hollande’s planned increase of the top marginal tax rate in France to 75%. The best was from a young lady who stated (I’m paraphrasing a bit): […]