The $2 Billion Market For Passports

As migration and inequality continue to get significant attention from US presidential candidates, it is worth noting a rising phenomenon at the intersection of these two topics: economic citizenship. A growing number of countries offer individuals passports in return for investment, and the wealthy have been taking advantage in increasing numbers. In 2014, the global rich spent … Read more

The Defense of Canadian Sovereignty

Canadian Sovereignty at risk, particularly for those considered to be American persons for taxation purposes An organization called the Alliance for The Defense of Canadian Sovereignty is challenging a Canadian law that implements FATCA. The organization claims that the Canadian law violates the Canadian Charter of Rights & Freedoms, particularly the provisions related to discrimination on … Read more

Best Overseas Retirement Havens

Three Most Affordable Overseas Retirement Havens in 2016 — InternationalLiving.com Cost of living can be a major concern for people on fixed pension, annuity, and other retirement income sources. In International Living’s 2016 Global Retirement Index, three countries stand out from the top 23 retirement locations in the world as having the best cost of … Read more

US Expats and Pension Taxation

On the subject of tax, Americans attending a recent one-day conference in London aimed at US expats seemed most concerned about how the US is likely to tax their non-US pensions, according to an expert on such tax matters, who spoke at the event. “Some of them have got certain kinds of older, defined-benefit pensions that … Read more

Renouncing U.S. Citizenship eBook

DETROIT – JANUARY 19, 2016 – Freeman Tax Law, a tax law firm specialising in overseas financial issues and IRS representation, recently published an eBook for people who are interested in renouncing U.S. citizenship. It includes important information regarding expatriation, including what the obligations are when trying to renounce U.S. citizenship, the penalties for failing … Read more

Elite Lawyers now Selling Caribbean Tax Haven as Havens from Terror, Too

Caribbean nations have long served as tax havens for the world’s economic elite, with many offering so-called economic citizenship where, for large payments, one can simply buy citizenship in their countries. That can save the 1 percent a pretty penny. Overseas tax evasion costs the U.S. government as much as $100 billion each year. But … Read more

The True Meaning Of Thanksgiving

This time of the year, whether in good economic times or bad, is when Americans gather with their families and friends and enjoy a Thanksgiving meal together. It marks a remembrance of those early Pilgrim Fathers who crossed the uncharted ocean from Europe to make a new start in Plymouth, Massachusetts. What is less appreciated … Read more

Prime Minister of Dominica Welcomes Property Developers and Promoters to use the Country’s Citizenship by Investment Programme for Development Purposes

HONG KONG, November 10, 2015 /PRNewswire/ — The Honourable Roosevelt Skerrit, Prime Minister of Dominica, said that genuine project developers and promoters are welcome in his country, with his Government ready to give them all the support they need to produce sustainable and worthwhile projects that increase economic activity and create jobs. “We are acutely … Read more