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The Kingdom of Italy was created on March 17, 1861, and up until a few days ago anyone who could prove they had an Italian ancestor dating from that auspicious day or later could lay claim to Italian citizenship. The number of people eligible under those rules was estimated to be between 60 and 80 […]
Say Goodbye To The IRS Forever! A lot of people still seem to think that the main reason to “go offshore” is to avoid taxes. There are legitimate ways to minimize your U.S. tax bill as an American overseas but I’ve always recommended against Americans using taxes as a reason to go offshore… because, while […]
According to Commerce Secretary Howard Lutnick, the Trump administration is considering a proposal to eliminate federal income taxes for Americans earning less than $150,000 a year. Trump himself has called for “no tax on tips, no tax on overtime, and no tax on Social Security benefits for our great seniors.” And, with a Republican-led White […]
I bought my first property when I was 27. The loan to value for the mortgage was 98%. The property was a three-flat building in Chicago where we lived in one unit and needed the rent from the other two units to cover the mortgage. Our contribution to the mortgage was equivalent to the rent […]
I would never advise someone to choose a place to live or retire based solely on the jurisdiction’s approach to taxation. Living somewhere you’re not happy just to save on your tax bill isn’t worth it in the long run. Before choosing where to live, invest, or do business abroad, you should analyze all aspects […]
Property buyers are faced with a decision: will they invest in move-in-ready or pre-construction property? Both have pros and cons, and it all comes down to your goals, timeline, and financial status. Let’s explore the benefits of these two types of real estate investments and the opportunities available for each. The Benefits Of Pre-Construction Properties […]
It’s that time of year when publishers put out prediction lists. International real estate is no different. Over the past few weeks, I’ve looked at several lists and can say they mostly focus on the same countries… some of which I agree with and some I’m more skeptical. Countries where you can always find good […]
