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Author: Lief Simon

15 Dec
How To Figure The Exit Tax When Renouncing U.S. Citizenship

How To Figure The Exit Tax When Renouncing U.S. Citizenship

Last week’s Taxation 101 (Where To Live Tax-Free) essay was well received but raised lots of questions from American readers, including many to do with what I’d say is maybe the most misunderstood U.S. tax on individuals—the “Exit Tax” Americans have to pay when they give up their U.S. citizenship. To clarify, this is not […]

11 Dec
tax

Panama, Belize, And Uruguay Are Top Tax Havens

A handful of the world’s no-tax countries are in the Middle East, including Kuwait, the UAE, Qatar, and Oman. These are not high on my Places I’d Like To Live list. On the other hand, spending your working years in one of these zero-tax jurisdictions would allow you to grow your retirement nest egg faster.

08 Dec
How To Establish Yourself In A New Country

Turn-Key Casitas At Los Islotes

As I said, we’ve been working on the designs for these houses behind the scenes for months. In conceiving this new neighborhood, we’ve had two driving ideas. First, again, we want to be able to offer a no-hassle, ready-to-move-into option for people interested in becoming part of the Los Islotes community but not up for […]

04 Dec
Easier And Cheaper To Pay Somebody Off?

Paying Bribes Overseas

In the November issue of my Simon Letter, I cover shipping across international borders in my “Lessons Learned” column. I’ve been struggling through an unhappy experience trying to ship a piece of machinery into Panama for my Los Islotes project recently, so the topic is on my mind.

24 Nov
Live, Retire, Invest In Nicaragua

Live, Retire, Invest In Nicaragua

Years ago we got an email from a reader in response to a report from Latin America Correspondent Lee Harrison on Ecuador. The reader wrote to ask where in Central America Ecuador was located. He’d been looking but couldn’t find it on a map. Ecuador, as I’m sure you realize, is not in

20 Nov
Investing In Global Property In 2015

Investing In Real Estate

A trendy spot, beach or otherwise, can become trendy just because people begin to perceive it that way. Maybe a celebrity buys in a small town or a movie is filmed nearby or a reality show is shot on location…triggering the marketplace to believe there’s something cool or interesting about a place they’d previously never […]

17 Nov
How To Find The Right Resources And Advisors Offshore

How To Find The Right Resources And Advisors Offshore

The doctor I found was part of the health insurance plan that I had recently signed up for. He was listed as a primary care physician, but his specialty was cardiology. On my first visit for an annual checkup, the first thing the guy did was hook me up to some electrodes to check my […]

13 Nov
Paying For Medical Care And Hospital Costs Overseas

Paying For Medical Care And Hospital Costs Overseas

A reader wrote this week to warn us about Nicaragua’s Hospital Bautista. Recently, the guy wasn’t feeling well, so his wife took him to the Hospital Bautista in Managua. By the time they arrived, the guy had passed out. The hospital told his wife that, to admit her husband, they’d need to take her debit […]