Welcome to Offshore Living Letter, Your #1 Resource for Offshore Diversification

Tag: bank accounts

15 Sep
Paperwork for filing taxes.

FATCA

The Foreign Account Tax Compliance Act (FATCA) Despite the prosperity it has enjoyed under a free market, the United States in 2009 enacted legislation that many people view as the start of capital controls in America. That legislation is found hidden in a jobs’ bill, H.R. 2847 (also known as the HIRE Act), which became [...]