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Author: Lief Simon

15 Oct
Accountant calculating taxes.

How To Figure How Much Local Tax You’ll Owe As A Resident Of A Foreign Country

Take France as an example. People generally think that France is a super-high-tax jurisdiction. When you do the math, though, you find that an American living in France wouldn’t likely pay any more in taxes than he would living in the United States. First, France has a taxation treaty with the United States, effectively eliminating […]

The 8 Best Economic Citizenship Programs That Will Be Your Pass To A Second Residency

Special Report: World’s Top 8 Second Passport Programs The term “economic citizenship” refers to a passive, one-time investment in a country that leads to citizenship and a second passport. In the 1990s, several countries offered buy-a-passport programs—officially known as Citizenship By Investment Programs, or CIPs—that became corrupted and eventually discontinued because citizens carrying those passports [...]
07 Sep
Signing Last Will and Testament

Why You Should Start Estate Planning Now

Estate planning is something everyone needs to think about even if all they intend to do is put a will in place designating what assets go to which heirs. Without a will in place, the deceased is considered intestate and their assets will be divided up based on the laws of the state where they […]

20 Aug
lagos in portugal, aerial view of town

Currency Considerations To Make Buying Real Estate Overseas

Currency Risks And Rewards When Buying Property Overseas One big and important difference between buying real estate for cash flow in the United States and buying real estate for cash flow overseas is that often the cash flows in a different currency. This is a potential upside and also a potential risk. In 2015, we [...]
13 Aug
a house by the sea mediterranean

Top 3 Buy To Flip Markets For Real Estate Overseas

3 Best Buy-To-Flip Markets Overseas Buying to flip is a common real estate investment strategy in the United States that doesn’t make sense in most of the rest of the world where leverage isn’t easy and the costs of buying and selling are typically too great to make the math work. The option is to [...]
10 Aug
kyrenia harbour in northen cyprus

The Best 4 Property Investment Markets In 2020

Lief Simon Names Top 4 Overseas Property Investment Markets If I were just starting out as an investor today, with little capital and an eye to converting that capital as quickly as possible into a diversified global property portfolio, where would I invest? I get this question often, and my answer likely will surprise you. [...]
06 Aug
Small town in the Mediterranean

Why I Don’t Recommend Investing In REIT Real Estate Deals

Suddenly Everyone's Recommending Real Estate—But They're Missing The Payoff After being poked fun at by stock market gurus for 25 years because I have 95% or more of my assets in real estate, right now, I have to admit, I'm feeling something that might be described as vindicated. I don't mean to rub the current [...]
30 Jul
irish residency

How Residency Rules Impact Your Second Passport Process

An Open Apology To My Daughter (Here’s Why She Doesn’t Have A Second Passport) It wasn’t until after my son Jackson was born, about 20 years ago, that the idea of a second citizenship crossed my mind. Jackson was born while we were living in Ireland. As a result, he was both a U.S. citizen [...]