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Category: Taxes

06 Sep
St Colman's Cathedral rises above the terraced streets and colorful fishing boats of the small tourist city of Cobh on Cork Harbour.

You May Be Surprised At How Low Taxes In Europe Can Be

People often take Europe off the list of possibilities for where to move or invest overseas because they assume the residency options are too limited or expensive… and the tax implications too onerous. The truth is that residency can be easier to obtain in some European countries than it is in some Latin American countries. […]

26 Aug
Kuala Lumpur, Malaysia skyline at dusk over the park.

Take Your Business Offshore To Operate Tax-Free

Exploring opportunities overseas is not only a strategy for diversifying your investment portfolio… but it’s also the best way I know to diversify your life—both your personal life and your professional one. That is, in today’s world, you can realize many benefits by taking your business offshore along with your investments and yourself—either your existing […]

26 Jul
Cork City view from St. Patrick's Hill.

Could Ireland’s Status As A Tax Haven Be Ending?

I’m not sure how Ireland ended up the target. This country’s approach to taxation was the reason Kathleen and I moved to the Emerald Isle some 23 years ago. Now that tax position has her under fire… but, again, I can’t figure out why. Ireland imposes corporate tax at a rate of 12.5%. So does […]

17 May
View of a boat house on the famous Lake Braies with emerald water in Italy

Don’t Buy Real Estate Overseas Until You Understand These Taxes

Before making an investment in real estate overseas, it’s important to understand what the total cost of the purchase will be, both immediately and long term, including your tax obligation. Transfer taxes, for example, can be considerably higher than in the United States. On the other hand, one big benefit of diversifying into property markets […]

06 May
Sunrise on Lamai Beach on Koh Samui in Thailand.

Taxes For The Global Citizen

A reader wrote this week to tell me why he’s not on board with our recommendation of Colombia as a top lifestyle choice in the Americas. His beef is taxes. Someone told the guy that Colombia taxes anyone who is in the country for more than six months on his worldwide income… and, further, that

15 Oct
Accountant calculating taxes.

How To Figure How Much Local Tax You’ll Owe As A Resident Of A Foreign Country

Take France as an example. People generally think that France is a super-high-tax jurisdiction. When you do the math, though, you find that an American living in France wouldn’t likely pay any more in taxes than he would living in the United States. First, France has a taxation treaty with the United States, effectively eliminating […]