"Why Would I Do That?" An Irish reader was incensed by my Monday letter. He took offense specifically to my comment suggesting that the Irish electrician who didn't show up until weeks after the appointment he'd set only showed up after he'd run out of pub money. My new Irish friend didn't take the position that [...]
Living an international lifestyle used to be for the rich and famous only.Travel was expensive, but, more important, moving money around was also expensive…and complicated. When I took my first trip to Europe more than 25 years ago, I didn’t have a credit card. Even if I’d had one, it wouldn’t have helped me much. […]
There's No Such Thing As The "Best" Way To Go Offshore I have a friend who is pursuing multiple residency options concurrently. He's in different stages of trying to establish residency in several different countries with an eye to eventually obtaining citizenship in each one, as well. He figures that at least one of the [...]
Take Action Now...Before They Change The Rules On You In my Monday dispatch to you, I suggested Barclay's international branch in London as a place to take a first step in diversifying yourself offshore...by opening a bank account there. A reader wrote in Tuesday to tell me that the boilerplate at the bottom of the website [...]
I Make No Guarantees (And Neither Should Anyone Else) If re-elected, President Sarkozy of France is promising a new global tax on French corporations. He's also alluded to changing the country's approach to personal income tax, so that French citizens would be taxed on their global income, as U.S. citizens are. If you're shopping for [...]
Incremental Degradation Civil rights took another hit in the United States last week, as the incremental degradation of the average American's right to privacy marches on. Last week, Obama signed new guidelines allowing the "intelligence" community to retain electronic data believed potentially useful in the "War on Terrorism" for five full years (up from the [...]
Pinochet's Legacy Last week's trip was my first to Chile and, therefore, my first visit to Santiago. Santiago is a large, modern city where things generally work. New highways have been built and more new highways continue to be built to combat the traffic. The city boasts a clean, well-functioning subway system. And an economy [...]
Prediction: Buy Argentina In 2013 A colleague here in Mendoza, Argentina, where I've spent the weekend, has been talking about this country's last financial crisis, in 2001, which started with the unpegging of the Argentine peso to the U.S. dollar. "Those who didn't have some money outside the country were devastated," he explained. "But Argentines [...]
Reciprocity...And Other Reasons To Carry A Second Passport Panama is truly a convenient place to live if you want to travel around Latin America. Our flight on Tuesday from Panama City to Santiago, Chile, wasn't short (at seven hours), but it was painless. On-time departure from Tocumen International...good service from Copa in the air...on-time arrival [...]
Why Did Ireland Implode? (And What Can We Learn From That Debacle?) A top news story this morning is about a woman in Michigan who won US$1 million in the lottery. She took the lump-sum payout option and, after taxes, came away with US$500,000. The story isn't about her winning the lottery, but about the [...]
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.
