File by June 30th or Face Huge Penalties
The IRS is getting serious about reporting your foreign financial accounts. If you don’t file the new electronic FinCen 114 by June 30th, you could have a penalty of $10,000…
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banking
98 posts
The Basics of Opening a Bank Account Overseas
When people move abroad, it’s usually because they’re looking for a whole new life – different climate, fresh culture, exotic foods. But this sense of adventure rarely applies when people…
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What to Expect When Banking Abroad
Getting all your ducks in a row when moving or retiring abroad can take some time. Once you’ve gone through the necessary hassle of opening a bank account overseas, the…
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Understanding Tax Havens
Living, working, or running a business internationally is not only exciting, but can provide lots of opportunities to reduce your tax commitments by levying international law. While all legal transactions…
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Living in Bermuda: Escaping Canada and Embracing Bermuda
Living in Bermuda: Escaping Canada and Embracing Bermuda While the majority of articles on Escape Artist are written from the American perspective, I thought I would write a few words…
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Get Used to Taking Your Time in the Bahamas
Everyday is an experience. To most Bahamians it is life. As a transplanted American, get used to things taking their time to be accomplished. Get used to the sun!!! I…
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Banking In Ecuador
Banking In Ecuador Banking in Ecuador is an essential topic for anyone considering becoming a resident of this fine nation. The topic really focuses on two central themes: how to…
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Decades of FinTech Research Summarized in 2020
Decades of FinTech Research Summarized in 2020 FinTech generally defines any business that uses the internet, mobile devices, digital technology, or cloud computing to provide or communicate with financial institutions.…
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