In a couple of days, a lot of people are going to be very upset, and a lot will be very happy. Let’s face it, whatever happens, it’s about to get crazy… And if you’re placing your happiness or sanity—or lack thereof—in the hands of the person set to take the White House this week, [...]
As regular readers will know, Kathleen and I divide much of our time between Panama and Paris. A little over a week ago, we repositioned from the Old World to the New once more. As we bid farewell to Paris, I was reminded how many Americans often dismiss Europe for offshore, lifestyle, and investment options, [...]
Creating a plan to internationalize and diversify your life isn’t something you should undertake as a reaction against someone else. It’s something you should do for yourself, to protect yourself, your family, and your assets. When he was in office, I met countless Americans who were planning to leave the United States because of Obama. [...]
Imagine a country that uses the very same currency you do now… A business hub that’s at the center of the world… with tax advantages you won’t find back home… and a banking sector that has never had a single crisis. On top of this: it’s a tropical paradise with year-round warm weather, some of [...]
I’ll have to keep it brief today… As I write, the sun isn’t yet up here in Porto but scores of your fellow readers who jetted in from across the U.S., Europe, and even Asia, are—and they’re keen to get going on day two of my Offshore Wealth Summit. Yesterday we covered how to create [...]
You know I’ve been bullish on Panama for years. Long-term, Panama will be one of the main global business hubs, competing with Singapore and Dubai… All in all, Panama is a country where you should consider “planting a flag.” Panama uses the U.S. dollar, so you won’t get any currency diversification, but for many people [...]
The key to living long-term overseas… and to escaping home at a moment’s notice if you need to… is residency and/or citizenship overseas… You can obtain residency or citizenship in more than one country. However, most expats obtain residency or a second citizenship in just one country outside their home country. Which country depends on [...]
In the wake of Tuesday’s debate, Taylor Swift gave Kamala Harris her backing for president. Maybe that tells you everything you need to know. Either way, with a net worth of $1.3 billion, Swift probably isn’t too worried about the key issue the rest of us are… It’s the economy, stupid. Watching the candidates squabble [...]
Renting out a property that you also use can be complicated. The Paris 2024 Olympics reminded me of this. A friend in Paris swapped apartments with someone they know. They wanted to be out of the city during the games, while their friend wanted to be in the thick of things. He’s an Olympic-holic who [...]
In October, I’ll be in Porto, Portugal, for my annual Offshore Wealth Summit. One of the topics we’ll cover is filing taxes as an American offshore. Taxes are a hot topic right now as the presidential race heats up… Should he be elected, Trump plans to permanently extend his 2017 tax cuts, eliminate taxes on [...]
