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People write in often to ask about the political stability of this or that country, wondering what it means when certain candidates or parties are running for or elected to office. I remember back in 2001 when the Sandinista Daniel Ortega announced he was going to run again for president of Nicaragua. Gringo retirees and […]
My college Social Studies professor, a hyper dude who worked three jobs and lived off a quarter of his income so he could save the rest to build a children’s hospital, broke society down into nine categories. He referenced the typical lower, middle, and upper classes and then separated each of those categories further into […]
I finally received my permanent residency card for Panama last week through the “Specific Countries” visa program that President Martinelli authorized with an Executive Order issued in May 2012. At the time, I was in Panama on a reforestation investment visa that required five renewals before permanent residency. Five years from temporary to permanent residency […]
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.
I’ve been living overseas so long that my wife tells me I don’t know what things cost in the “real world” anymore, especially, she assures me, as my current frame of reference is Panama. Certainly, our first 24 hours or so in New York City last week, I thought she must be right. I must […]
