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Going offshore is easier in today’s world than it’s ever been. Ease is no longer the challenge. The challenge today is choice. You have almost too many when trying to decide where to live and invest overseas. Cost is a factor for most people, but the reality is you can spend as little or as […]
When the engagement between Britain’s Prince Harry and actress Meghan Markle was announced a few weeks ago, the press began to speculate about what affects Ms. Markle’s status as an American citizen might have on the royal family once she becomes part of it. Specifically, what about required reporting under FATCA and other IRS rules?
The Oct. 15 final deadline for every American who asked for an extension for filing his 2016 U.S. tax return is racing toward us… and I still need to complete mine. Kathleen and I return to Paris this weekend… and I know how I’ll be spending my first two weeks back in the City of […]
“What bank do you recommend in Panama?” That’s one of the most frequently asked questions I receive. I get it at least a couple of times a week… The honest answer? None. Panama currently has 78 banks. Of those, 29 have international licenses; 49, including the 2 government banks, have general licenses. I’ve dealt personally […]
The offshore world is fast moving. Ever-changing legislation, regulation, incentives, bureaucracy, and market fundamentals mean that the best places to open an offshore bank account, base a business, or establish backup residency, for example, one month are not necessarily your top choices the next. As we stand at the start of New Year 2017, where […]
I’ve just returned to Panama City following our Live and Invest in Mexico Conference in Tulum this week. It was my first visit to the Riviera Maya region in four years. Most everything is as I remember it… the beach, the water, the palm trees… with three important differences. First, the value of the peso […]
Why would you want to buy a piece of real estate overseas? That was the starting point for the discussions that have taken place throughout this week’s Global Property Summit down here in sunny Panama. The big advantage of real estate anywhere is that it’s a hard asset, a real and long-term store of wealth. […]
Offshore Living Letter is a publication of Live and Invest Overseas. Our goal is to provide timely, actionable information on all things offshore, including: how to go offshore, diversifying your portfolio, wealth creation, protecting your assets, and much more.
