The Countdown Begins

This article was published in the Escape Artist Weekly Newsletter on April 05, 2019. If you would like to subscribe to the newsletter, please click here. 

Hello readers,   

It is an exciting time for the Escape Artist team! The countdown to the 2019 Escape Artist Summer Conference has begun. With 70 days until the Pittsburgh conference, our team is getting ready to deliver the expat event of the season!

This week, we bring you part-two of Mikkel Thorup’s asset protection series, more information on the upcoming conference, and a few interesting stories I have found from around the world.

As always, we want to remind you that Escape Artist is the number-one destination for all of your expat questions. Feel free to explore our website and drop in to ask a question. We love when you ask questions!  

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Featured Article:

Last week, in our Asset Protection Roundup, Mikkel Thorup brought us some great information on the topic. This week, we are featuring part-two of his series:

Why Everyone Needs Asset Protection: A Guide to Asset Protection Strategies – Part 2

Whether you’re holding onto a small nest egg or a multi-million-dollar investment portfolio, everybody wants to keep as much money as possible in their pockets.

But in a world where the vast majority of legal and regulatory systems are designed to disrupt capital accumulation, that objective is harder to accomplish than you might imagine.

Today, taking ownership of even a modest share of assets will expose you to a variety of risks that you may not fully understand until it’s too late.

I know that this might sound like unnecessary paranoia, but as someone who has spent the past 20 years or so working to achieve financial freedom, I can tell you that… Read more…

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Escape Artist Conference Countdown

Do you want to hear more about offshore asset protection techniques? Get the information directly from the experts! Since the first two Escape Artist Conferences were such a success, our team is already getting excited for the next one.

The 2019 Escape Artist Summer Conference will take place in Pittsburgh, Pennsylvania, on June 22-23, 2019.

The Escape Artist Conference is the only event where you will be able to have one-on-one time with the Escape Artist team, writers, and friends of the site who can teach you all about their experiences living abroad, banking internationally, investing globally, and so much more.

If you want up-to-date information on the next conference, fill out this survey and have a hand in planning what we cover at the event!

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News from Around the World:

Increase in U.S. Expats Thanks to Tax Reform

There has been an increased number of U.S. citizens who are unhappy with their tax burden thanks to President Trump’s tax reform. Many citizens who once held dual citizenship are now renouncing their United States nationality.

In 2017, over 5,000 dual citizens gave up their U.S. citizenship, which is almost 10 times more than the 530 people who did so in 2007. Americans living offshore have been dealing with heavy tax burdens and strict banking laws and face even more with tax reform that was passed in 2017.

Easter Island Reparations

Rapa Nui, more popularly known as Easter Island, will receive thousands of artifacts that were taken 60 years ago. The Kon-Tiki Museum in Oslo, Norway, will return the archaeological items that were taken by explorer, Thor Heyerdahl, between 1955 and 1956.

Heyerdahl’s son, Thor Heyerdahl Jr., signed an agreement with the Ministry of Arts, Culture, and Heritage in Chile, which will return the items, human remains, and unpublished photos from the expeditions. Thor Jr., who was on the 1955 expeditions, says the return of the items is fulfilling the promise his father made.

Japanese Wisteria Festival

In the Springtime, Japan attracts visitors from all over the world for its cherry blossoms, but what some people don’t realize is there is another bloom to admire in the country. Wisteria is the countries second most beautiful flower, but don’t let that keep you away. Since the tree has the ability to bend, wisteria, known as Fuji in Japan, can be transformed into beautiful tunnels of pink, blue, purple, and white.

These trees usually bloom in late April and early May. To walk through the mesmerizing, kaleidoscope tunnel, visitors will have to venture to Ashikaga Flower Park, home to 350 different wisteria trees. The festival runs from April 13 to May 19.

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Whether you are planning on living, working, retiring, or investing overseas, Escape Artist can help you every step of the way. Don’t forget to check out the eBook store for the 2018 Expat Tax Guide and our wonderful country guides!  

For more information on what’s going on in the international scene, check out some of this week’s newest articles!

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New From Escape Artist:

6 Great Reasons to Visit Belize Right Now

You may already be familiar with Belize thanks to its incredible investment opportunities, affordable real estate, and wonderful offshore banks. However, you don’t have to move there or invest there to experience what the country has to offer.

Belize is one of Central America’s gems. It is packed with breathtaking scenery, unbeatable adventure, and plenty of hospitality. If you are thinking about planning a trip to Belize in the future, here are six reasons to pack your bags and visit right now.

1. Watersports

For those who love the beach, the ideal vacation involves relaxing in the sun with a drink in hand. There is no doubt that Belize can deliver that to any visitors in need of relaxation. If you are eager to get a little more active during your trip, however, Belize also boasts a…

Read more…

Popular Expat Cities in Chile

Chile is a popular retirement haven for many expats, thanks to its high standard of living for a fraction of the cost of the same lifestyle elsewhere. Chile has amenities that other Latin American countries can sometimes struggle with, like fast and reliable WiFi and modern transportation. Chileans enjoy a healthy economy, and that goes to show why there are so many expats there. If you’re looking for some information on the best expat cities in Chile, we can provide some knowledge for you. Here are a few of the most popular.

La Serena

Le Serena is the capital of the Coquimbo region on Chile’s Pacific coast and is one of the more popular expat cities in Chile. It is the second-oldest city in Chile and…

Read more…

A Second Residency to End all Your Financial Woes

The advantages of obtaining a second residency are plentiful and come with more than just financial benefits. Obtaining citizenship in a foreign country allows you to relocate your family, access better healthcare and education, and enjoy a comfortable lifestyle. Additionally, many developed countries have tax agreements that prevent double taxation.

Panama is one of the countries that provides all of these benefits and more. It attracts people from all over the world and is a viable solution for people seeking to escape their financial woes.

In this article, we highlight a few benefits of obtaining Panama Residency.

Reduced Cost and Taxes

The residents of Panama believe strongly that governments shouldn’t…

Read more…

This article was published in the Escape Artist Weekly Newsletter on April 05, 2019. If you would like to subscribe to the newsletter, please click here.

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