Posted by Kathleen Peddicord In Retirement0 comment
In these dispatches each day I tease and tempt you with pictures of the glorious new life you could create for yourself by moving to another country. I speak from decades of firsthand experience when I tell you that the promises are real. Your life could be bigger, better, safer, richer… You could reduce your [...]
It’s becoming harder and harder to determine what is the First World and what is—to use the politically correct term—the developing world. I spent time working in the developing world in the mid-‘90s. Chad might not have even been considered developing when I was there. The capital city N’Djamena had an international airport but not [...]
Can living overseas mean you owe less to the IRS? In short: Yes. But you need to be careful. Simply moving outside the United States does not remove your obligation to pay U.S. taxes. U.S. citizens must file a return with the IRS every year, regardless of where in the world they reside. But living [...]
“Few people like you make it this far,” our guide Anthony told us with a big smile as we approached the ruins of the central pagoda of the 2,300-year-old city of Jiaohe. He meant white people. In this part of this country, the travelers are nearly all Chinese. The burgeoning local middle class is keen [...]
The thing bluewater sailing teaches you… is that if something goes wrong on a boat, you are all alone. The sensible person always has a backup plan, a Plan B. In my 20s, I sailed a small yacht, mostly solo, three-fourths of the way around the world. This journey took seven years. (My sailboat is [...]
If you’re an American, it’s that time of year again. Time to begin preparing to meet your April 15 obligations. I meet mine each year by filing an extension. Living overseas allows me an automatic extension to June 15, but better, I think, to file the formal extension Form 4868 to get a full added […]
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.
