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.
Tag: Taxes In Panama
Is Panama Still A Tax Haven? Analyzing The Country’s Diversification Flags
The Panama Papers incident from 2016 brought to light a part of the offshore industry that generally wants to stay in the shadows. Despite the fact that many of the reported structures used by the high-profile clients outed in the Panama Papers were set up in offshore jurisdictions other than Panama, the law firm doing […]
Why Panama’s Economy Continues To Boom
I’m back in Panama after having been away for a year. Kathleen and I arrived in the country about a month ago and headed straight out to the Veraguas coast. We remained in residence at Los Islotes until this week. After months of lockdown in
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 […]
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 […]
Ireland And Panama Are Two Top Options For Low-Tax Living As A Consultant Overseas
A friend is trying to figure out where to move overseas with his family. He’s a freelance consultant, so all he needs to be in business is an Internet connection. In other words, he could go almost anywhere, which is making it difficult for him to decide what to do. He started by narrowing his […]
Americans And U.S. Persons Abroad Retain Their Obligation To File Annual Tax
The second tax season for U.S. tax preparers is coming to a close. The due date for any U.S. person who extended his filing deadline is Oct. 15, just around the corner. Meaning I’m spending a lot of time these days putting my tax return together. Friends from other countries don’t understand why Americans living […]