Category: Expatriate
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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…
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Tax Havens For British Expats and Money Transfer
Overseas Pension Information for Expats During the past decade over 5.5 million Brits have left the UK in search of a better life overseas. Many have been financially hit hard by the recent economic downturn and the weakening on the British pound. It has had a huge impact on incomes of those who rely heavily…
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St. Kitts & Nevis Citizenship Is Easier To Obtain Than You Thought
Ever wondered how nice it would be to obtain the citizenship of a tropical paradise? You would be able to visit the place any time you felt like, without having to deal with all the hassles of obtaining visas and necessary permissions. It could even be your alternative residence during the colder months of the…
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Language Learning for Expats
Learning a new language while overseas can be a useful and potentially profitable activity but it takes time, money and commitment. Expats seem to be divided into two groups: those who want to embrace their adopted country and those who cling to other expats for survival in what they see as a hostile – or…
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Is it time to become an Expat?
With the U.S. government’s ever-increasing stranglehold on Americans’ assets, smart investors are now taking their wealth abroad. Doug Casey tells you how to do it, and why you shouldn’t put it off any longer. Here is a timely article about expatriation from Doug Casey of Casey Research. Making The Chicken Run by Doug Casey “Making…