have been leaving their own land to seek opportunities elsewhere since
the dawn of mankind. But it has only been since
the development of the modern nation-state, and its taxation of the worldwide
income of its citizen-residents, that expatriation has taken on significant
tax consequences. One of the first tax advisors to appreciate the potential
tax savings of expatriation was my friend and colleague, Marshall Langer
J.D., a valued member of The Sovereign Society Council of Experts. Langer
is an international tax attorney and the respected author of several major
international tax treatises. He is also the daring creator of a now out-of-print
book, The Tax Exile Report. This title gained international notoriety when
the late U.S. Senator Daniel Patrick Moynihan (D-N.Y.), red-faced and angry,
waived a copy of the book at a televised Senate hearing, denouncing it
as “a legal income tax avoidance plan.” - Escapeartist has hatched a new
partnership with Global Wealth Protection that will set the standard for
authoritative information on Asset Protection, International Banking and
Wealth Management and with a number of accountants, lawyers and bookkeepers
that know the laws regarding expat taxes, how to do your income tax, which
form to use, and which services understand the complexity of expat concerns.
Simply put, the EscapeArtist Expat Taxes Newsletter portal
will provide a wealth of information that will show you ways to save on
taxes . . . and then some.
Legally Save Over $90k Each Year - The Foreign Income Exclusion!
- While many American taxpayers complain about the need to file US taxes
while living abroad, the Foreign Income Exclusion, Foreign Tax Credit and
Foreign Housing Allowance can actually decrease or eliminate your US tax
liability. The trouble is that many expats are not aware of the big
deductions or credits and end up paying thousands more in taxes than they
should. Knowing about these deductions and credits as well as being
aware of how to qualify for them is critical to saving money on an your
expat tax return with the IRS. The Foreign Income Exclusion is one of the
three main mechanisms the IRS has in place to help protect taxpayers from
dual taxation while living abroad. The Foreign Income Exclusion allows
qualified taxpayers to exclude up to $92,900 (for the 2011 tax year) from
their foreign earned income when filing their expatriate tax return.
The exclusion is claimed via Form 2555 and is attached to Form 1040 for
expats when filing with the IRS.
FBAR? The IRS Gives Another Chance With the Offshore Voluntary Disclosure
Program - The IRS has given taxpayers multiple
opportunities to come forward with their delinquent FBAR reports.
With the 2009 and 2011 disclosure programs closed, the IRS realized how
affective these programs have been - over $4.4 billion has been raised
so far! Due to this success and the FACTA requirements that go into
effect this year, the IRS is offering taxpayers another opportunity to
come forward with their delinquent FBAR reports and face reduced criminal
and civil penalties. While there are some important differences between
the current program and the expired programs, it is still the best way
to come forward with your delinquent FBAR reports. The third Off Shore
Voluntary Disclosure Program offers individuals who have not reported their
foreign bank accounts, trusts, or accounts related to foreign corporations
to come forward and face reduced penalties and avoid criminal persecution.
The reduced penalties are not quite as low as the previous program’s penalties,
but they are still significantly lower than what would be applied to a
taxpayer’s delinquent FBAR filings if they were to come forward without
taking advantage of the Offshore Voluntary Disclosure Program.
Happens if You Just Can’t Pay Your Expat Taxes?
- It is not uncommon for expat taxpayers to find themselves in a situation
where they need assistance handling the burden from their expat taxes.
Many individuals are unaware of their obligations to file, and so find
themselves with a significant tax burden that is simply beyond the realm
of possibility when it comes time to pay. Others may have failed
to recognize this requirement for years and have ended up with significant
penalties and interest on their US expat taxes. The IRS does understand
when it comes to situations like this and does offer options for taxpayers
who are unable to pay their tax obligations. Such options include
different types of payment plans or an offer-in-compromise, both brining
different procedures and consequences - while paying the IRS of course.
If you are unable to make the entire payment on your expat taxes for a
certain year or for multiple years of filing, the IRS is more than happy
to set up monthly installment plan for you. To qualify, individuals must
prove that they have looked at other options, including liquidating assets,
loans and taking out credit cards. If none of these options for payment
make sense, the IRS will allow you to set up a monthly amount with a $25
minimum. Taxpayers who need to take this option in order to pay their
expat taxes must apply for a payment plan with Form 9465. The IRS
does charge a fee to set up a payment plan if it is longer than 120 days.
Expat Tax – what all Expats need to know -
As enjoyable as living and working overseas can be, there are obligations
that American expatriates must deal with regarding the US expat tax code.
The introduction of additional filing requirements and new deductions or
exclusions can be intimidating for first-time filers. While some
US expat tax tips are as easy as making sure you qualify as an expat, others
can be trickier - yet equally as important to take advantage of! Foreign
Income Exclusion and Foreign Tax Credit - The IRS has multiple mechanisms
in place to help avoid double taxation for individuals who are likely to
be paying taxes to a foreign tax authority while living and working overseas
in addition to any US expat tax that is due. In order to take full
advantage of these money saving opportunities, expats need to be aware
of the Foreign Earned Income Exclusion and Foreign Tax Credit when it comes
time to file.
Being an Expat Is So Fantastic (Hint: Your Expat Taxes!)
- Imagine if you could live in a tropical paradise US tax free – you can!
There are a number of benefits that you can take advantage of on your expat
taxes to save and protect your income. We will discuss the main ones
here, but it is highly recommended that if you want to maximize the savings
on your expat taxes you should seek expert expat tax advice. The Foreign
Income Exclusion – This allow US expats who are earning money abroad to
exclude up to $92,900 of their income from US taxation (this doubles if
you are married). This is the most common and arguably the most profitable
tax savings tool you can us on your expat taxes. If you combine this
with the Foreign Housing Deduction, which allows you to deduct things like
rent, utilities and insurance, they you and your spouse may be able to
avoid paying taxes on over $250,000 of income each year! LEGALLY! The Foreign
Tax Credit is also a great tool, but unfortunately you will need to be
paying taxes to someone to take advantage of it. The foreign tax credit
gives you a Dollar for Dollar tax credit for any taxes you have paid to
a foreign government. Basically, if you have a good income someplace
like Europe where taxes are high, then this will ensure that you are not
taxed by two governments leaving you with the scraps.
Do Expats Pay So Little in US Tax? -
The simple answer is that we don’t live in the USA so why should we have
to pay any US tax at all! The fact is that the US government taxes
expats and has for nearly 100 years. One look on the inside of your
US passport and you will see that you are required to file each year. One
look at the US deficit will show you that the IRS is using every method
possible to track down every last nickel they can find! BUT THAT
DOESN’T MEAN YOU WILL OWE ANY US TAX! US expats are one of the only demographics
I can think of where the middle class gets more tax advantages than the
Warren Buffets of the world. How is that? Well the middle class is
the working class and workers EARN their income – unlike the rich who get
it via capital gains which have a low tax rate. Earned income abroad
has some very special tax breaks that mean that you can earn a 6 figure
income abroad and have ZERO US tax liability! I will explain.
to earn $200,000 each year US tax free (Legally!)
- What would you do with an extra $43,779? Well if you are married and
file a joint return with taxable income of $200,000 then you will pay about
$43,779 in US tax! So if you could earn that money tax free what
would you do with it? Maybe spend 6 months in Bali leaning to surf,
what about wine tasting in Argentina, maybe buy a Greek Island? (I know
they cost more than $40k now, but let’s see what happens!) Regardless of
what you would do with the extra money the real question is why aren’t
you already earning that money US tax free? I know – nothing is certain
but death and taxes, but taxes are less certain than you may thing.
Millions of people earn good livings each year and pay little or no US
tax (I don’t mean political cronies) I mean US Expats! Yes the luck
people living overseas avoid expat taxes in the US. This is legal and actually
encourage by the IRS because it helps the US economy to have US workers
live and learn abroad then bring those ideas back to the US or create new
jobs back in the US.
1 day can cost you $40,000 or more in Expat Taxes-
As a US expat, you are probably familiar with the Foreign Income Exclusion,
which allows you to exclude $92,900 from your foreign earned income each
year. This is one of the greatest gifts the IRS could give to expats
as it allows us to live free of US taxes anywhere outside the USA.
The trick it to make sure that you qualify for it each year, because if
you don’t then you will owe expat taxes on all of your income! There are
two ways to qualify and thus reduce your expat taxes; the first is called
the Bona Fide Resident Test. This is basically for people who are permanent
residents of a foreign country and have no plans for returning to the USA.
If you are living and working abroad, paying taxes and you have no plans
for returning to the US i.e. you are not on a 2 year contract etc. then
you would likely qualify as a US expat under the Bona Fide Residents Test.
The Physical Presence Test is the other test you can use to qualify as
a US expat, and then receive the US tax savings that go along with being
a US expat. To qualify under the Physical Presence Test you must
be Physically Present in a foreign country for 330 days in a 365 day period.
Now this could be from April to April or from November to November – that
part does not matter. The part that matters is that you must be physically
present in a foreign country for at least 330 days. If you go over
by even 1 day then you don’t qualify and this means you would need to pay
full US taxes!
Taxes for Americans: Form 2555 and Form 1116
- As an American filing overseas taxes, you are going to want to
maximize your exclusions as much as possible. To do so, there are a few
exclusions we want to make sure you understand: the foreign income
exclusion, the foreign housing allowance, and the foreign tax credit. To
take advantage of these exclusions, you need to fill out forms 2555 and
1116. Using Form 2555 to minimize your overseas taxes - One of the biggest
exclusions you can take advantage of on your overseas taxes is the Foreign
Earned Income Exclusion, which allows you to exclude from your US expat
taxes up to $92,900 of your foreign earned income. Note that this
can only be applied to foreign income; income made inside the US cannot
be counted. So if you live in a tax free area like the UAE, you can
earn nearly $100,000 tax free! You should know that you do not automatically
receive this exclusion. In order to receive it your tax preparer must file
Form 2555 along with the Form 1040. Form 2555 includes information
regarding how you qualify as an expat, general information about the taxpayer,
days present in the United States and provides lines for you to calculate
your foreign income.
Money Transfers Don't Have to Be Hard Work
- If you have ever used your bank to make international money transfers
then you’ll be well aware that the process isn’t always a friendly one.
Aside from dealing with paperwork, which usually requires a trip to the
bank, much of the time you will receive a poor foreign exchange rate from
your bank and this “service” can cost you a significant amount of money.
This is especially true if you are moving a large amount of money overseas
or are making a series of payments abroad (i.e. for a mortgage or student
loan). There is a better way to make international money transfers. TorFX,
is an award winning foreign currency exchange specialist (‘European Currency
Broker of the Year’). Based in the UK and regulated under the FSA they
currently assist over 40,000 private individuals and 5,000 businesses across
the globe with their foreign currency transactions. The service covers
everything from getting some cash for a holiday to paying recurring bills
in a foreign country. TorFX can provide far more competitive foreign exchange
rates than your bank when it comes to making an international money transfer
and have saved clients as much as 5% on the exchange rate! The company
does this by simply undercutting banks on the profit made on your international
transfers and TorFX don’t weigh you down with transfer fees and charges.
Banks are in the process of de-leveraging and are relying heavily on fee
income to sustain their profit margins – this does not mean that you should
help them sustain their profit margins!
Things to Know About US Tax Return Preparation Before Moving Abroad
- Moving abroad is a life changing experience that more people are taking
advantage of each year. Like all potentially life changing decisions
you should learn as much as possible before you make a final decision.
There are a number of things you need to know regarding your US tax return
preparation before you move. In order to set you up for success,
we have provided five must-know facts about your US tax return preparation
and how they will change when you relocate to a different country. 1- You
still need to file your US tax return from overseas - US citizens and green
card holders will need to file a US expat tax return if they earn over
the minimum income threshold. It doesn’t matter where this income was earned,
which currency it was paid in, or if taxes have already been paid to a
foreign country; you are required to file a US expat tax return if you
have earned over the thresholds. The thresholds are currently set at the
> > >
US Tax Return: How To Make Currency Conversion Work To Your Benefit-
To be compliant on your US tax return, the IRS requires that all income
or deductions be reported in US dollars. This article will explain
how Currency Conversion can impact your US tax liability. Having to convert
your foreign earnings to USD may seem like a headache, but currency conversion
can yield significant savings on your US tax return. By utilizing
the most appropriate exchanges rates, you are able to translate your overseas
earnings into lower USD amounts thus decreasing your US expat tax liability
and staying compliant with the IRS rules. US Tax Compliance: Converting
Earnings - Technically speaking, the IRS prefers that all income or expense
be converted into US dollars on the date that the income or expense was
received/paid using an IRS approved exchange rate. That said, they
do not require you to use this method. You can choose to use the
exchange rate on the day of the transaction, the monthly average or the
annual average, to remain compliant on your expat taxes you just need to
pick one method and use it across the entire tax return. While this
may seem cut and dry, some US expats can find significant tax savings by
using the right currency exchange.
a New Tax Year, and You Bet The IRS Has Changes for Your Overseas Expat
Taxes - Overseas Expat Taxes: Changes
for the 2011 Tax Year - The IRS changes the US tax laws every year and
these changes can impact your overseas expat taxes. These changes
generally will affect the exclusions and deductions, deadlines and tax
rates that individuals will face when it comes time to file their overseas
expat tax return and can be difficult to keep up with. While no single
taxpayer can reasonably be responsible for knowing every change in tax
law in any given year, being aware of the important tax changes is critical
to staying compliant with the IRS, saving money on your US taxes and effectively
planning for your financial future. The Exclusions and Deductions - The
IRS adjusts the Foreign Earned Income Exclusion and the Foreign Housing
Exclusion annually to keep up with inflation worldwide. For the 2011
tax year, the IRS introduced modest increases to both which allow expatriates
to exclude more of their foreign earned income than when compared with
the 2010 tax year.
Your Foreign Bank Accounts Or Go To Jail?
- In the historical past, Americans living and working in abroad
would open bank accounts with a local bank in whatever country they were
living and working, and if it earned any interest at all would never show
it on their U.S. income tax return. This was part of the unofficial
benefits of living in outside of the U.S. and everyone thought it
was fun. Then things started to change. The U.S. Department of Treasury
created the form TDF 90-22.1 for reporting on foreign financial, bank and
other investment accounts but never paid much attention to whether taxpayers
living abroad filed it or not. Then money laundering connected with drugs
and terrorists became items of concern. The IRS told Congress lately about
the 300 billion of tax dollars the IRS was not collecting from cash businesses
in the US and Americans living abroad who were not paying taxes on
their taxable investment and other income.
IRS Has Special Rules For Mexican Corporations And You Really Do Not Want
To Ignore Them -
If you have your own business in Los Cabos or are developing real estate
you generally must use a Mexican corporation as the entity to conduct the
business. The Mexican tax and legal rules concerning the operation of such
corporations are complex enough, but if you are a US Citizen or permanent
resident, Internal Revenue Services also has a lot more rules and regulations.
Special forms are required and certain elections must be made or you might
be in trouble or even worse, penalized. Unfortunately a majority
of the CPAs in the States do not know any of these rules and forms and
therefore cannot save you from possible tax disaster.
Sam Give US Expats Some Good News And Then Some Bad News
- The housing deduction or exclusion is allowed in addition to the maximum
foreign earned income exclusion and therefore comes into play when you
exceeded that maximum amount. Previously in 2005, you could
deduct all of these housing expenses in excess of approximately $12,000
without any maximum limit. Now for 2006 you can only deduct these
expenses in excess of $13,184 up to a maximum of $11,536 in most of the
world. The IRS has published Notice 2006-87 which gives a higher
maximum deduction to those living in countries with a higher cost of living.
Hong Kong is the highest with the maximum over $100,000. So if you are
paying high rent, utilities, etc. you can no longer deduct those amounts.
Loses Bid - To Track Overseas Tax-Dodgers - Second Passport & Economic
Citizenship - The Internal Revenue Service
recently decided to be clever. Their theory was to check an expatriates'
tax status when the expat went into a U.S. embassy to renew his or her
U.S. passport. However, unbeknownst to the IRS, the expats are no
longer renewing their U.S. passports. What the expatriates are now
doing is getting second passports from another nation before their U.S.
passport expires. Thus far the IRS has decided to target expatriates in
the UK, Canada, Mexico, Germany, Italy, Hong Kong, Australia, Israel and
Switzerland. According to census data and estimates of unfiled tax returns
and unpaid tax, more tax is being avoided by Americans living in those
countries than elsewhere.
in America - Jurisdictional Prison - A Virtual Berlin Wall for a Virtual
Age - It began in the early 1990's when thousands
of rich Americans began to leave America. They did so by renouncing their
American citizenship and reestablishing citizenship in low-tax or no-tax
countries. They were called tax exiles and as soon as the word got out
about the trend the U.S. Congress reacted to try to stop it before the
trend spread out of control. Opening an unusually filthy bag of legislative
tricks Congress attempting to build a jurisdictional "Berlin Wall" of sanctions
against escapees in order to keep them jurisdictional prisoners of America.
It is a clever trap of words that makes clear that the U.S. government
assumes that they own everyone and everything on the planet and that their
jurisdiction includes the known universe. To guarantee perpetual imprisonment
of those who were attempting to flee it was necessary to create laws which
threatened some sort of punishment for anyone caught escaping.
and Creating Wealth In and Beyond 2010
- As we enter the second decade of this millennium we have to ask themselves
if the fabric of reality hasn’t been torn and all of us are falling into
an Alice in Wonderland type fantasy. We live in a world where the
financial Mad Hatters who created the greatest financial collapse in history
are put in charge of fixing the problem. Where a Nobel Peace Prize
is given to someone who has done nothing to promote peace and uses the
acceptance speech to justify new acts of war. A world where the loss
of hundreds of thousands of jobs a month is good news demonstrating we
are now in a recovery. Perhaps it is just that I am getting old and
my mind just isn’t functioning correctly. Or maybe my eyesight is
failing and I no longer see things clearly. Whatever it is, this
world seems to be getting more bazarre by the day. If you share this
concern you are probably asking yourself some of the same questions including
what a sane person has to do to protect themselves financially in this
Talks About International Real Estate As Survival Retreat
- I have never been a dooms-day preacher and I don't intend to start now.
With that said, it would be prudent for the reader to take a calm and objective
look at some of the possible negative situations that may soon take place
inside the USA and see how those events may affect you and your loved ones.
I believe that you can avoid being in the pathway of those oncoming disasters
by having an offshore survival retreat. An offshore survival retreat can
be many things, it can bea summer home, a place where your family lives
and survives a social break-down that may be happening in the USA, it can
be an excellent investment, it can be an excellent place to live, it can
be a way of expatriating and diversifying some of your assets offshore,
it can be the beginning of a better way of life. That is what this
article is about in a nutshell. It can be all of those things at
the same time, or it can just be the one that is the most important to
you. I call it investing in offshore real estate.
Pay U.S. Taxes Again - Legally - Expatriation:
It’s been called “the ultimate estate plan” and it’s a legal, step-by-step
process that can lead to the legal right for you to stop paying U.S. or
other national income taxes—forever. In sum, it requires professional consultations,
careful planning, movement of assets offshore and acquisition of a second
nationality. When all that’s done (and done exactly right), you must leave
behind your home country and become a “tax exile” with an established domicile
in a low or no-tax jurisdiction. And, for U.S. citizens, this unusual plan
requires, as a final step toward tax freedom, the formal relinquishment
of citizenship. A drastic plan? You bet. And in truth, there are many other
perfectly suitable offshore strategies that The Sovereign Society recommends
that can result in significant tax savings. These include international
life insurance policies (TSI 1/02)5 and offshore investments made
through retirement plans (TSI 7/03).6 But for U.S. citizens and long-term
residents who seek a permanent and completely legal way to stop paying
all U.S. taxes, expatriation is the only option.
Taxes for Expats -
A New Concept In Offshore - The Foreign Earned Income Exclusion Coupled
With Offshore eCommerce - In this issue of the Offshore Real Estate Quarterly
we have two articles that refer to running a 'service based' business abroad.
In those articles we discuss operating an Offshore Serviced Office &
Call Center. In one of those articles we mention the Foreign Earned Income
Exclusion for US citizens earning income abroad. This Exclusion,
allows any expatriate American to earn $80,000 tax free. The $80,000 exemption
for foreign income is of interest to the expat who does not want to sever
ties with the US. According to the IRS, your tax home is specified by where
you work and not by where you live. If we lived in Mexico and drove
across the border each day to a job in the United States than we would
not qualify for the $80,000 exclusion.
Web Hosting An Introduction - What it is, how to use, why you want to-
What If Bill Could Move His Business To Panama Without Moving From His
Easy chair? Bill makes his money from his website, and his website is hosted
at a local Denver, Colorado ISP. Bill uses a downtown Denver bank
for merchant services, so that he can bill his customers over the internet.
The government of the country in which Bill lives, (USA) has absolute access
to Bill's ISP, and to Bill's bank account. Bill lives in a country that
does not respect privacy. If Bill had his website in Panama, and if Bill
used a Private Panamanian or Caribbean Bank Account for his banking and
merchant services, then no government agency could enter Bill's ISP, nor
Bill's bank. In Panama the law protects banking privacy with banking
secrecy laws, and the law protects websites with internet privacy laws.
to Really "Escape"? Start Your Own Tax Free Small Business
- There are a number of you out there that are "fed up", and you are not
alone. Perhaps you are tired of paying more and more each year in
taxes, and getting no real value or benefit in return. Perhaps you
just want to get out of the "rat race". Maybe you just want to get ahead
financially, live the kind of life you thought you would have, and realize
where you are now or what you are doing now is not getting you where you
need to go. Well, here are some thoughts or ideas to consider. This is
not a "get rich quick scheme" but it is about an idea that is proven based
on some of our client's own success stories(we have one client that grosses
over US$ 100,000 per month-and that's no lie). It is a business idea that
requires quite a bit of work and effort on your part, but relatively little
capital or start up costs. It is the only business that offers real "freedom".
Webinar Exposes The One Investment
The Top 1% Are Betting On During The Coming Economic Collapse...
VIDEO: Why are Americans fleeing the USA and moving abroad?Since
1996 we’ve been talking about it and explaining the reasons. The US Government
is out of control, throwing wars like a teenage debutante throws parties.
To finance these wars they need more and more money and they get that money
through the IRS. You have two choices, stay abroad and adopt a new homeland,
for which you will need a passport from that country, or a 2nd passport
from a country that is a citizenship haven. Or, you may choose to remain
an American and return occasionally to the USA.
If you plan to return
to the USA you MUST pay your American income tax regardless of where you
are earning your income. We have a large number of resources
for Expat Taxes; articles by attorneys and public accounts. We also have
links to those who will help you with your Expat Taxes. As an expat, it
is possible to defer a great deal of your taxes; so read the articles and
find out how to do things correctly.
If you are NOT going to
return to the USA you must still consider all of the consequences of not
paying your taxes. We cannot advise in this matter. If
you live abroad, plan to remain abroad, have a 2nd passport, you may assume
that you are safe from the US Government.
No one is safe
from the US Government.
Asset Protection Newsletter -
Live & Invest Offshore - Get the real facts from the best; including
Doug Casey, Bobby Casey, Bob Matthews, Global Asset Advisors, Inc., Jeff
Schneider CPA, PassportIRA and more of the best international investment
advisors. Contains informatioin on How and Why to Acquire a Second Passport
Legally, Expat Taxes, Offshore (and Onshore) Investing presented with the
basic premise of protecting your assets.
Securities Broker Private Asset Management Online
- Thales Securities has been on our website for almost a decade and in
that decade we have heard nothing but positive reports about their service.
Founded in 1998 Thales Securities is a leading investment brokerage based
in the Republic of Panama.
Me On Pinterest
- What is Pinterest? Pinterest is a Virtual Pinboard. Pinterest lets you
organize and share all the beautiful things you find on the web. People
use pinboards to plan their weddings, decorate their homes, and organize
their favorite recipes. Best of all, you can browse pinboards created by
other people. Browsing pinboards is a fun way to discover new things and
get inspiration from people who share your interests. To get started, request
Passports - Economic Citizenship - If you
get a 2nd passport and flee America the S Government can't take your money
as easily as they could if you were still living in the USA. Therefore
the US Goverment is doing everything to keep you from getting a second
passport, closing resources and threatening tax-haven nations with sanctions.
On this page we supply what information we can. You can get a second passport;
it's just harder to get then it was a few years ago . . . why don't
you wait a few more years, then it will be impossible and you won't have
to worry about it. Your fate will be sealed.
In Costa Rica Newsletter - The
EscapeArtist Costa Rica Portal & Newsletter is unique in its quest
for honest, real life stories from people working and living abroad in
Costa Rica. We live in Costa Rica, we know Costa Rica, we believe that
Costa Rica is the expat haven of choice. We look for the opinions, the
advice, the I wish I would have known this then, and the down and dirty
truths from the mouths of those who have experienced it all firsthand.
Escapeartist Costa Rica is dedicated to this true-to-life portrayal of
the country we love. All of our articles are written by people who work,
invest, love, explore, and live the "pura vida" here in Costa Rica.
In Mexico - Retire In Mexico Newsletter
- The Future of Escape to Mexico Magazine - All Things Mexico! “True
stories of real people… living, traveling and working in Mexico.”
It’s authoritative, firsthand experience, not media hype! Come with us
to… Escapeartist Mexico proudly joins the leading line-up of the new Escapeartist.com
country portals, that each are devoted to a single, dream destination.
Our site is the window to everything you want to know if you’re thinking
about escaping to Mexico! As part of the Escapeartist media family,
Escapeartist Mexico adds to a 15-year tradition, extending the value of
the Internet’s longest-standing source of reliable information about living,
working investing, traveling and retiring abroad. It’s a dedication
that’s helped countless couples, singles and families realize their “EscapeArtist
In Colombia Newsletter: Articles Resources & Videos
- Are you looking for the next land of opportunity? Does talk of
massive government debt, bankruptcies, foreclosures and unemployment have
you singing the blues? Escapeartist is about to provide you with an insider
tip to the next ‘in’ location. We are talking about a location where all
the smart money is moving to, a country vast with resources, a beautiful
culture and probably the most attractive women on planet earth. (It’s true)
– Names like Sam Zell (Billionaire) and Carlos Slim (Billionaire) and many
others are investing in Colombia right now. Why are they investing? Why
are tourism rates in Colombia skyrocketing? Why is the Colombian stock
market returning double digit returns? Why is Colombia leading the Latin
American rim in attracting foreign direct investment?.
Yacht Broker for Boats & Yachts worldwide
Yes, Boats, Barges, Ships Canoes, Ski-Boats, Water-Ferries, Cargo Vessles,
Yachts and more for sale worldwide in the online Yacht Broker. - If it
floats on water it's in the Yacht Broker - Buy or sell a yacht, sportsfishing
vessel or sailboat - List your boat for free!
Flow Properties Worldwide - The time to buy
real estate and stocks is ideally at the bottom of the market. Tighter
Lending Policies Improve Cash Flow Houses - Can anyone see the forest through
the trees? Does anyone in Washington really understand what drives
the housing industry? Try credit availability. When credit
is available in the way of mortgages, the housing market improves.
It’s that simple. Contrarily, when it’s not available, the market
contracts and prices remain stagnant, and even worse decline.
to Asian Sales and Marketing - Interested in making money in the
Asian Market? I have spent more than 25 years in China trade and
Asian sales and marketing generally, and am based in Kuala Lumpur where
I have been for 7 years now. I've set up a number of American
and European companies out here, and have had great success at doing it,
so I know that what I have to say will be of interest to anyone who has
an interest in entering the Asian market.
and Forex Trading - A small speculator is someone that is willing
to engage in risky business transactions on the chance of generating great
profits but, for whatever reason, has very limited capital to risk. The
small speculator's risk capital is typically between $2500 to $15,000.
Freedom on a Shoestring - Michael Honeth explains in this clear
and focused eBook is simply how anyone with a shoestring budget can, without
any technical knowledge, start earning an automatic income online. More
opportunities than ever abound in the field of internet commerce, and in
order to secure your presence in the market you need the it's about finding
the role that suits you and being aware of some important guidelines and
some necessary precautions. You'll be grateful that you took this valuable
first step to income freedom.
Adventures - Financial Freedom with No Cost or Risk, Using Joint
Ventures - It is written with the intent to shift your thinking, expectations
and beliefs and give you the tools to use to start making money really
fast. Joint Ventures give us the opportunity to move fast to take advantage
of new products, services and developments, without the need for a learning
curve, investment or risk.
Paycheck at a Time - Getting out of debt “one paycheck at a time”
may not sound like a lot of fun, but what is more miserable than the stress
and futility of falling further into debt without any hope of freedom?
Instead, you can use these effective tools to eliminate debt and regain
control of your finances and enjoy your life.
Natural Tobacco - Learn to cultivate pure, natual Tobacco
and begin producing a cash crop with roots in antiquity. He explains how
to obtain seeds for free to start your crop, how to cultivate, cure and
even flavor it safely and profitably.
Steps for Protection of Your Information Assets - Randall Colville
Power failures, floods, fires, hazardous materials, earthquakes, tornadoes,
disgruntled employees, vandalism, demonstrators, hackers, computer viruses,
worms… Learn how to protect your information assets from these and other
threats, and to ensure that your business can recover if a disaster occurs.
With links to information and a variety of resources, this eBook is a highly
useful reference work as well as a valuable guide to information security.
when it seemed Uncle Sam had forgotten those Americans living abroad, the
IRS and Congress have again changed the expat tax laws involving Americans
living and working abroad. The new tax provisions
took effect for the 2006 tax year and did benefit many expatriates and
hurt others. For many years the foreign earned income exclusion has
been set at a maximum of $80,000 of earned income for those working
and living abroad. That exclusion was increased to $82,400 for 2006,
and $85,700 in 2007. To qualify for that exclusion you
must live and work abroad for a full calendar year or work abroad for a
12 month fiscal year period and not return to the US more than 35 days
during that 12 month period. This change was obviously good for everyone.
For partial tax years the exclusion is pro-rated. The not so good part
of the change involves the tax that will now be imposed on the income (foreign
or from the US) that you make in excess of the foreign earned income exclusion.
Under the old law, all taxable income in excess of the exclusion on your
expat tax return began to be taxed in the lowest brackets (as if you had
no previous income) and then the rate increased as the amount in excess
of the exclusion increased.
To Buy A Vineyard Overseas
- 9 Artices About Owning, Managing & Living On
A Vineyard. Fractional Ownership, Vineyards in Argentina, Vineyards in
France, disappointments and successes. If you want to own a vineyard read
these articles and see how others have done it.
On A Lake - WorldWide Retirement Havens. 9 Lakes worldwide-
From New Zealand to Lake Como in Italy. Lake Como? If it’s the Hollywood
A-list lifestyle you’re lusting after, then look no further than waterfront
property on Lake Como in Lombardy, Italy. Palatial mansions grace
the shorelines of this glacier lake, while aristocratic castles cut into
the steep country hills that descend into Europe’s third largest lake.
to Maintain Asset Privacy Within the US By Bobby Casey, Global Wealth Protection
- With asset protection planning, anonymity seems to be the number one
concern for people these days. And rightly so. Any 11 year
old with a laptop can easily do an online record search and find your bank
accounts and their balances, your vehicle registrations, your real estate
assets, your credit report, your residence history and even your driving
record. Many clients are interested in anonymity and asset protection.
In some cases clients confuse the two. They think that anonymity
is asset protection. It is not, but anonymity does have benefits.
When forming an FLP (family limited partnership) or an LLC (limited liability
company), the strength of the entity is dependent upon the state of formation,
the quality of the operating agreement and the business purpose of the
> > > MORE
Manager’s Report from China - I am writing
this from the back of a taxi in Hong Kong’s Central district. My meetings
with assorted bankers, hedge fund managers, Taipans, and the press stretched
on longer than expected, with the result that I am now stuck in rush hour
traffic on the way to the airport. So I might as well use the time productively
and sum up my thoughts on my recent trip to China. When I first cajoled
my way into to the Middle Kingdom in the early seventies, it was in the
back of a broken down truck carrying bags of wheat, no doubt destined to
a thriving black market. We drove down a heavily potholed single lane road
that had not seen serious maintenance since the thirties. -
> > > MORE
Of Offshore Banks - An offshore bank is defined
by its location, or 'jurisdiction'. An offshore bank is usually located
outside of the depositors country of residence, typically within a jurisdiction
that levies very low taxes, or no taxes at all. Each jurisdiction
varies in its degree of taxation, its degree of privacy, and its services.
Offshore banks located in politically and economically stable jurisdictions
provide a safe-haven for assets that may be at risk in the nation in which
the investor lives and holds residency.
- Offshore Banks in Belize - The legal system
of Belize is founded on English Common Law supplemented by local legislation.
Belize is now in its second decade of providing international financial
The Offshore Classified Advertisements - From The EscapeArtist Network
- The unique products & services you can't find nor advertise in rogue
nations, you will find here. Advertisers list for just 1$ and seen by millions!
Take a look. - EscapeArtist Offshore Classifieds appear in the online version
of Escape From American Magazine read by over a half million internet viewers,
(including 400,000 permanent subscribers).
Is A Psychological Necessity - If we do not have the right to privacy,
we do not own the rights to our own lives
- An excellent selection of important articles about Privacy, how we're
losing it, how to regain it, how to protect it. We believe these articles
are very important. If you want to continue to live free, these articles
are crucial. Articles About Protecting Your Privacy Appear Monthly In Our
Overseas Lifestyles Magazine - EFAM - Escape From America Magazine, the
Expat Magazine for those who want to move overseas, and those who have.
- It's the international lifestyle magazine that provides real information
on what it takes to live abroad, including articles on International Relocation,
Overseas Retirement, Residency, Privacy, 2nd Passports, Jobs Overseas,
International Real Estate ...