Your Escape Plan | Everything You Need to Move Abroad

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.

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Your Plan B

Five Self-Guided Day Tours in London

Five Self-Guided Day Tours in London The home of Shakespeare, the Rosetta Stone, and Beefeaters is a spectacular place to vacation. When touring London for the first time, it can…

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Your Plan B

Best & Worst Places to Start a Business Overseas

Best & Worst Places to Start a Business Overseas If you’re approaching that time in your life when you’re ready for more excitement and adventure, you’re probably looking to relocate…

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Your Plan B

The Why and How of Retiring in Chile

The Why and How of Retiring in Chile Chile offers first-world living at a much lower cost than most first-world countries. That’s always a big factor in the decision to…

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Your Plan B

Focus on Volcan – Part 1

Volcan is located in the Bugaba District in the Province of Chiriqui, at an altitude that varies between 4,000 to 5000 feet and boasts a comfortable year-round climate which ranges…

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Finance

Panama Employee Employer Tax Laws Rates

Taxes and other deductions required from employee paychecks. Like most countries, Panama requires foreigners employed by companies or households to have a work permit issued by the Ministry of Labor...

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Your Plan B

Beginner’s Guide to Overseas Investment

Investing overseas can prove to be a great way to diversify your portfolio. If that’s something you’re looking to do, there are a few things you will want to sort…

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Real Estate

TOP Things to Consider When Buying or Renting Property in Kenya

TOP Things to Consider When Buying or Renting Property in Kenya Finding the perfect home can impact almost every aspect of your life. Now, imagine that you’re about to move…

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Your Plan B

The LX Factory: Lisbon’s Little Brooklyn

Ironic mustaches, high-waisted shorts, and angst. When I left New York earlier this year to move abroad to Lisbon, I thought these things were in my rearview mirror for good.…

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Your Plan B

No Visa Option – The Perpetual Tourist

I have only considered that a foreigner must apply for one of the numerous residency options available through attorneys if they plan to make Panama their new home. A recent visit to Volcan caused me to re-think these residency options. Of course, I knew there were ‘renegades’ that had chosen NOT to apply for residency for some reason, but I never really considered it a way of life.