Category: Expatriate
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What is the need for having a second citizenship?
There are many Americans who seek second citizenship and second passport and these people come from either middle class or very wealthy background. Each individual has different long term plans. However, all of them, irrespective of their economic condition aim towards minimizing their tax bills and restore their right to privacy and freedom. Amongst all…
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Protecting Your Expat Capital from Forex Movements
While living abroad, one of the best ways to build your income is to invest in the Foreign Exchange Market (also known as the Forex Market). Based on the movements and trends of currencies from around the globe, Forex can lead to huge gains when global markets are doing well. On the other hand, political…
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Offshore Investment Conference Panama 2012
Event: The Offshore Investment Conference Panama 2012 Date: 21 & 22 March 2012 Venue: El Panama Hotel, Panama City, Panama Chairman: Derek R. Sambrook Private Interest Foundations, Trusts, Asset Protection, Banking, E-Commerce, Insurance, Shipping, Free Zones, Regulation, Taxation, Secrecy, Immigration, Investment, Relationships with the US, Europe and Asia Offshore Investment, a UK based international publishing…
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Fitch: New US Tax Rules Could Prompt Foreign Deposit Outflow
NEW YORK, Jan 06, 2012 (BUSINESS WIRE) — Fitch Ratings says the potential credit impact on banks due to new US tax regulations designed to inhibit offshore tax evasion could be tough to gauge due to uncharted consumer response. A significant outflow of foreign deposits could occur, but other customers might simply stay put. Skittish…
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Dual Passports: How to Obtain a Second Citizenship
We shall start off this discussion by eliminating a form of dual passport given by the 30 day quick passport people. Research points to a 30 day dual passport as a scam. Now if you just want a passport as an American Citizen within the 30 day time period, it may be possible to do…
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Expat Life Insurance – Vital Protection for Your Family
If you’re an expat currently working or living in another country, you should ensure that you take out expat life insurance as part of your global wealth management strategy. Life is never predictable, and this applies even more when you are living in an unfamiliar location where you may be exposed to different kinds of…
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Hong Kong Tops Economic Freedom Index
Hong Kong has once again topped the Fraser Institute’s Economic Freedom Index, which measures the degree to which the policies and institutions of countries are supportive of economic freedom. According to the report, Hong Kong scored highly across all of the five categories which are used to calculate index scores, including size of government, legal…
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Income and Tax Issues for the Expat Employee or Business Owner
Before August 2009, some expatriates used bank accounts in countries that had banking secrecy laws, the most well-known was Switzerland. However, at the end of August of that year, Switzerland signed an information release agreement that crumbled one of the stoutest legs of international banking sovereignty principles upon which many expats relied. Since that benchmark…