Naked Travel And Other Strategies For Survival The guy who got naked going through airport security in Portland yesterday took the show-and-tell approach to internationalizing your life that I recommend to an extreme. Having been pulled aside and swabbed for explosive residue, he was informed that he'd tested positive. Rather than arguing with the TSA, [...]
Late Tax Filing Concerns Of The American Abroad The tax filing deadline for U.S. persons was Monday. Today, the IRS, in its "Tax Tips" e-letter, detailed the penalties for not filing your 1040 form on time. In fact, you face two potential penalties related your 1040 form. Failure to file on time and failure to [...]
Is It Really Possible To Reduce Your U.S. Tax Bill By Going Offshore? Today is tax day in the United States. Too late to do anything about your 2012 taxes other than to file a last-minute extension if you need to. Meantime, you can (and should) begin to think about ways to mitigate and manage [...]
The World's Next Top Investment and Retirement Haven? "This is your first trip to Colombia, and you've chosen to focus on Medellin? That'll save you a lot of time. This is the place to be in this country right now..." So remarked one of the real estate agents Lief and I met on our first visit [...]
Go Offshore And Take Your Kids With You With more and more people looking to move not only their assets but also themselves offshore, the question is coming up more often. That is, readers are writing regularly to ask: Should I move with my kids? Decades ago, a term was coined for children who grow [...]
Crisis In Cyprus--What You And I Can Learn Cyprus is dominating the financial news this week. The details of any bailout seem to change so fast that the media can't keep up. The suggestion of imposing a one-time tax on deposits in Cypriot banks hit hard opposition from Cypriots, although the tax seems to have [...]
“A partner and I built an Internet business, then sold it about a year ago. Suddenly, I had some real money, and I thought I should get serious about what to do with it…where to put it.” The young man went on to explain that he attended an international money conference, where he met an […]
Hugo Chavez’s death could mean that Venezuela is again an interesting investment haven; it could also have negative consequences for the condo investment in Panama City. By now, you’ve heard that Hugo Chavez is dead. Venezuela has scheduled elections to choose its new president in April. The question in the air now is: What does […]
The Death Of The 4% Rule (And What That Means For Retirees Overseas) Friend and colleague Paul Terhorst forwarded me an article from the Wall Street Journal(WSJ) that talks about the death of the 4% rule. Paul writes a column for the Overseas Retirement Letter about the financial aspects of retiring overseas, so this kind of thing gets [...]
The Plight Of The Middle-Class Millionaire At a recent conference, a colleague suggested that the definition of being wealthy is having enough passive income to cover your living expenses. A reasonable interpretation, but, by that definition, few of us are truly wealthy. Yet many of us have at least some wealth to protect and most [...]
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.
