Category: Expatriate
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San Juan – The New Havana?: Making the Move from Miami to Puerto Rico
[typography font=”Open Sans” size=”11″ size_format=”px”]by Gerald Nowotny[/typography] I lived in Miami for about ten years during the time that I went to law school at the University Of Miami School of Law, i.e. the Harvard of the South! I also worked in Miami while I went to law school at night and have a good…
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Asset protection and tax deferred solutions (offshore) for U.S. Persons
Many US citizens know that it is extremely difficult to hold assets outside of the US solely for asset protection and tax deferral. Some perceived to be authorities say you can invest ” anywhere you want” but that’s just not true. The fact is that there is tax deferred solution that when used the Internal…
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The FATCA Dirty Dozen
Legal challenges that US persons have to deal with, living overseas. The following legal challenges are extremely problematic for USA persons: No foreign bank will open an account for a US person or US person beneficiary.(Other than a bank of the overseas employer for their income overseas) No offshore brokerage will open an account for…
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Double trouble, US Expats feel the burden of FATCA
US anti-tax evasion legislation known as FATCA – the Foreign Account Tax Compliance Act – has caused upheaval among the American expat community and dual Swiss-US nationals living in Switzerland where it was agreed in February. “People are very angry and upset but some are really scared,” declared Jackie Bugnion, a director and tax specialist…
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Panama as an Expat Destination
Panama has a long history of being very professional and courteous with international investors and bankers. The investment and banking culture in the country is very favorable for anyone seeking to either hold accounts or investments offshore as part of an overall asset protection strategy and for anyone seeking an expat retirement. But there are…
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What to Think About Before Retiring Overseas
Many people convince themselves they can’t retire away from their home country. It’s not the right time, it’s too complicated, we don’t have enough money – and certainly this can be true. But to truly look at retiring overseas and taking long, hard look at how you want to spend the rest of your life…
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Offshore Asset Protection for Expats
There’s a lot of talk in the offshore investment niche of being an expatriate or Expat. But what exactly is an Expat? And what does it have to do with offshore investing? There are many types of Expats, from globetrotting retirees to people working overseas for their employer. Expats can be people who’ve fled a…