Finance Tips for Moving Abroad | Budgeting, Banking & Taxes

Digital Nomad

Follow My Lead: Public Figures with Second Passports

There is no greater commodity than freedom. The ability to open one door when another one closes, without restriction or impediment, is the ultimate dream for the internationally-minded. For this…

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Finance

Where can you use Bitcoin in Mexico

It is no secret that Cryptocurrencies, especially Bitcoin, had an incredible 2017. Bitcoin started the year valued at $998 and in just 11 months skyrocketed to an almost unprecedented $11,500.…

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Finance

Offshore Company Scam: It’s the Bank Account Stupid!

I get calls everyday from people who bought a cheap company from some hack in Belize or elsewhere. To a man, every story about the offshore company scam is the…

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Finance

Offshore Banks are Going out of Business and How to Save Them

The number of offshore banks is shrinking fast, especially those that accept US clients. Likewise, the number of offshore bank licenses being issued has gone down dramatically. There’s a major…

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Finance

Want to boost your retirement? Bet on cryptocurrency!

Want to increase your retirement savings quickly? Are you older and need a quick bump to your retirement account? Want to buy Bitcoin offshore without the US government watching over…

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Finance

Crowdfunding ICO

Crowdfunding ICO And the day came when crowdfunding met the blockchain and was born the Initial Coin Offering (ICO) or Initial Money Offer. That is, crowdfunding has evolved by adding…

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Finance

4 Reasons Offshore Banks Hate Cryptocurrency

Offshore banks and international financial institutions hate to open accounts for cryptocurrency investors. Here are 4 reasons why offshore banks hate cryptocurrency investors and what you can do to open…

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Finance

Crowdsale or ICO, which is legal in the United States?

Recent comments from the SEC mean that cryptocurrency crowdsales are legal in the United States. ICOs, on the other hand, are fraught with risks if done incorrectly. Basically, Securities laws…

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Finance

Where should Canadians set up an offshore business?

Where should Canadians set up an offshore business? Tired of paying half your profits to Canadian Revenue? Ready to move you and your business out of Canada? Want to move…

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Finance

Can a Foreign Corporation Reduce Taxes for Your Online Business? Part 2

One non-negotiable for US citizens is that we are taxed on worldwide income. If you live in the US, make money overseas and bring the money back into the US, it will be subject to US tax. However, if the income is earned overseas, the business is owned by a foreign entity and the income is not brought back to the US, the income will be subject to taxes in the foreign country and not the US.