Putting your money into foreign real estate is a more appealing strategy right now than it has ever been. Real estate has always made sense to me as an asset allocation, but I’m more persuaded today than ever that foreign property should be part of every investment portfolio. You can’t watch everything going on in […]
A Formula For Dumping Big Brother Interested in protecting yourself from ever-bigger Big Brother? Not interested in being tracked by the NSA, MI6, Mossad, or any other "intelligence agency"? Don't want to be hounded by the IRS for tax forms detailing your assets? Don't want banks reporting your accounts to U.S. authorities? You're not alone...and [...]
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 [...]
The most important tool in the U.S. expat’s tax toolbox is the foreign-earned income exclusion (referred to in tax-planning circles as the FEIE or ‘the exclusion’). If you qualify, it allows you to exclude up to US$97,600 in 2013 foreign-earned income from U.S. federal income tax.
Diversifying Offshore Is About Keeping It Simple Moving some of your money offshore doesn't have to be as complicated as many think. It is still possible, for example, to open a bank account in many jurisdictions without leaving the comfort of your own home. And, as long as you're not trying to evade taxes or [...]
How To Go Offshore: You Can Do It Yourself (Shocker) This week's Offshore Summit has been organized around a series of panel discussions, one for each of the Five Flags being considered. Yesterday morning, Mark Nestmann, one of the world's leading experts in offshore residency and second citizenship, led a panel discussion related to choosing [...]
Gold Rings And Mustard Packs--Don't Let This Happen To You A colleague in Panama wrote to a bunch of friends last week alerting us to a scam currently being run in Panama City by a group of Colombians. A Colombian woman called her sister's apartment and asked to speak with the "child" of the house. [...]
Time To File Form 8938 The second round of this year's U.S. tax season is coming to a close. Any U.S. person who applied for an extension must file his tax return by next Monday, Oct. 15. After weeks of procrastination and one miserable weekend, mine are almost finished. The big change this year is [...]
What We Learned In Panama This Week This week's Emergency Offshore Summit in Panama City was exhausting and exhaustive. The overriding theme was one that I've been heralding for years, specifically: The offshore world is an ever-moving target...so take action when you can. Otherwise, you could lose your window of opportunity. In Panama, one bank [...]
Foreign Real Estate Is A More Appealing Strategy Than Ever Putting your money into foreign real estate is becoming a more appealing strategy all the time. Real estate has always made sense to me as an asset allocation, but I'm more persuaded today than ever that foreign property should be part of every investment portfolio. [...]
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.
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