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Category: Taxes

11 Oct
Sundays Presidential Debate had me wondering if it's a no-win for the country, whoever candidate we choose.

Sunday’s Presidential Debate: More Painful Than My Tax Returns

I listened to the presidential debate last night while finishing my 2015 tax return. I’m not sure which one bothered me more. My tax return is more than 50 pages. It’s mostly information forms reporting my assets rather than actual income reporting. My non-American friends laugh when I complain to them about what a pain […]

22 Aug
You Could Be Living Tax Free as a consultant overseas

As A Consultant Overseas You Could Be Living Tax-Free

This friend is not American, so he doesn’t have to worry about the Uncle Sam factor. That helps immensely. My friend needs to consider only the tax implications in each potential new country of residence. While taxes shouldn’t lead any conversation about where to move overseas, this is a more important factor if you’re moving […]

31 Dec
Improvements In Medellin Colombia

Investments And Improvements In Medellin, Colombia

I arrived in Medellín on Tuesday to spend a week here with my family over New Year’s. As usual, I’m enjoying the calming effects of being in this city. It’s hard to define, but something about this place lowers your blood pressure. It could be the mountain air. It could be the temperate weather (about […]

26 Oct
Taxation On Foreign Earned Income Vs. Passive Income

Taxation On Foreign Earned Income Vs. Passive Income

At my Global Asset Protection and Wealth Summit in Panama City last week, the single most frequently asked question was this: “What can I do to make my passive income qualify for the Foreign Earned Income Exclusion… so I don’t have to pay tax on it?” The answer is: Nothing. There’s nothing an American can […]

23 Jul
Wine For Fun And Profit

Investing In Wine Futures For Diversification (En Primeur)

I last purchased primeurs in 2005 and 2006. At the time, 2005 was being touted as an exceptional year. I happened to be in St. Emilion, so I bought several cases as an investment. A couple of years later, I got an email from the girl who sold me the wine asking where I wanted […]

13 Apr
Panama’s new “Specific Countries” residency program is the easiest and quickest way to establish permanent residency in this country, even to obtain a work permit.

Panama Is One Of The World’s Top Offshore Havens, Tax Havens, And Property Investment Markets

“Panama City today is unrecognizable from the Panama City I discovered for the first time 16 years ago,” I explained this morning to the crowd convened for this week’s Live and Invest in Panama Conference. “This city has reinvented itself over the past decade-and-a-half. When I arrived on the scene 16 years ago, this was […]