Talk about potentially eliminating the worldwide taxation of U.S. citizens is getting some expats excited. In theory… if the proposed change were approved… that would put U.S. citizens on par with citizens of every other country in the world except Eritrea, the only other country that also taxes citizens on worldwide income no matter where […]
What You Should Know About Foreign Insurance And Annuities Foreign insurance products (including annuities) appeal to people for a variety of reasons. First, the payout currency could be something other than U.S. dollars. So, if you are looking for a hedge against the dollar, foreign insurance products can be just the right type of insurance for [...]
I’d say that a second passport is a more critical piece of your global diversification plan right now than ever before.The U.S. Senate has passed a transportation bill that includes a section giving the IRS the power to revoke the passport of any American who the IRS decides might owe US$50,000 or more in taxes. […]
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