Tax Filing Primer For The American Abroad The second U.S. tax filing season is under way. If you filed an extension back in April (like I did), you have until Oct. 17 to file your tax return... and (don't forget) your Foreign Bank Account Report (FBAR). While the United States' approach to taxing income is [...]
When Boris Johnson, soon-to-be former British Prime Minister, sold his London home in 2009, he didn’t pay any capital gains tax in the U.K. but was slapped unexpectedly with a U.S. tax bill. Boris is an “accidental American,” a person who has lived outside of the United States for the majority of his life but […]
Earn 8% Income And A 21% Gain On This US$25,000 Investment In Medellín, Colombia, Manila has long been the undiscovered treasure of the city’s upscale El Poblado sector. On its shady, tree-lined streets, you’ll find a mixture of houses, mom-and-pop businesses, and more than its share of nice restaurants and cafés. One of El Poblado’s smallest [...]
I fly tonight from Panama to Paris… then, Monday morning, on to Lisbon in time to host next week’s Live And Invest In Portugal Conference. Repositioning from the New World to the Old reminds me that Americans often dismiss Europe for offshore lifestyle and investment options thinking the region is too complicated or too expensive. […]
We Americans have it rough when it comes to taxes. The Big Bad Wolf of the world’s financial arena—the IRS—calls our neck of the woods home. Feared worldwide these days… by banks and financial institutions as well as ordinary citizens from California to Switzerland… the U.S. Internal Revenue Service has become the hunting dog for […]
How To Earn $224,000 Tax Free In 2022 The most important tool in the U.S. expat's tax toolbox is the foreign-earned income exclusion (referred to in tax-planning circles as the FEIE or "the exclusion"). If you qualify, it allows you to exclude up to US$112,000 in 2022 foreign-earned income from U.S. federal income tax. All [...]
This week I’m hosting our second annual Live And Invest In Europe Conference online. Europe has been a draw for me since I was in high school. I saved up my junior year to take a whirlwind tour of Europe… 9 countries in 30 days by bus. It was on the trip that the seed […]
“Pandora Papers” For The Rest Of Us—You Can Use The Same Legal Loopholes The Rich Use Panama Papers... Paradise Papers... Pandora Papers... Yes, some of the folks involved in those leaks may have been illegally gaming the system. With a little more intelligence and a little less greed, they'd have nothing to worry about. But [...]
Exploring opportunities overseas is not only a strategy for diversifying your investment portfolio… but it’s also the best way I know to diversify your life—both your personal life and your professional one. That is, in today’s world, you can realize many benefits by taking your business offshore along with your investments and yourself—either your existing […]
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.
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