How to avoid a scary PFIC Nightmare

A mutual fund that is invested in European stocks, but incorporated in the US may be taxed at a long term capital gains rate of 15%, but if the US taxpayer buys an identical fund listed outside the US, they will find their investment may be taxed at up to 50% The first de minimis … Read more

Expats: adventurers or foreign retirees?

Hemingway, as an expat, implied high adventure in a foreign land The first definition of “expatriate” appeared in a French dictionary in the late 1700s and denotes a person who has been banished from his or her native land. This elucidation came just in time for Napoleon’s exile to the island of Elba in 1814; … Read more

Demand for Skipton International’s Expat mortgages increases

In a little over one year demand for the bank’s British expat buy-to-let offering has eclipsed that for its established mortgage lending in Jersey and Guernsey. Managing Director of Skipton International, Jim Coupe said: ‘We have been servicing expats with their savings needs for years and knew there would be a demand for buy-to-let mortgages … Read more

Expat Stage Left as Americans give up citizenship

As the Fourth of July weekend looms and Americans prep their grills and ready their fireworks, some citizens are packing their bags. A recent online poll of more than 2,000 adults by TransferWise, a peer-to-peer money transfer service based in the United Kingdom, revealed that 35 percent of American-born residents and emigrants would consider leaving … Read more

Confessions of an Expat Canuck

Never before in modern history has there been a time when people everywhere have become so disillusioned by the Global Governments and their leadership. Call it an awakening, or blame it on the information-age with all it’s alternative media but the fact remains the same; Governments have gone way out of control and their leaders, … Read more

An American in Paris (or Shanghai or Tel Aviv)

  Part 1: Using Tax-Advantaged Investment Solutions While Living Overseas Overview According to the American Citizens Abroad, there are five-seven million American citizens living outside of the United States on a fulltime basis. I for one am green with envy. I grew up in the Panama Canal Zone and know “first hand” that it can … Read more

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 … Read more