Once again, the prophecy of Ayn Rand was right. As in Atlas Shrugged, with the increasing grasping of the administration more and more US citizens are denouncing their citizenship and going Galt. In fact, in 2011, it was a record breaking year with the highest amount of US Citizens ever officially saying good bye. When [...]
Increasing Regulations and Heavy Tax Burdons Forcing Record Americans To Denounce US Citizenship and Go Galt
April 29, 2012 By Leave a Comment
Does Renouncing US Citizenship Free You Of Tax Obligations?
February 25, 2012 By Leave a Comment
This is a question I would guess is on a lot of peoples minds…and as people look at a huge tax hill to climb with increasing taxes on the way, it at times might seem like the only solution to renounce, expatriate or take advantage of dual citizenship. Here’s a good answer we found from [...]
What Are The Best Investments For Expatriates
February 25, 2012 By Leave a Comment
When thinking of expatriating, a traditional job will most likely be out of the question, at least for the start. Thus it is important to have access to a large amount of funds or be actively investing to obtain returns. But where to invest? Even though gold and silver investing might be safe and profitable [...]
New Online Poll Exposes Cayman Islands Biggest Problems- What Expatriates Should Know
February 25, 2012 By Leave a Comment
The Cayman Islands, banking place for the super rich and expatriates alike. Whether you are looking for a tax haven or a new place to reside, it’s always good to know what the locals think about the biggest problems on the islands. The majority of respondents to last week’s cayCompass.com online poll think crime is [...]
Expatriate Bankers See Their Rental Allowances Slashed In Half: A Sign Of The Banking Heads Who Have Resigned
February 22, 2012 By Leave a Comment
There is big changes going on in the banking world, from all the banking heads who have been resigning to expatriate bankers who are seeing their rental allowances slashed, in some cases by almost half. In places like Hong Kong, a very expensive city, this certainly does not provide them with the lifestyle which they [...]
Fears Of Dual Citizenship “Tax Loopholes”
February 17, 2012 By Leave a Comment
In a time when world economies are spiraling, governments are looking to claim as much funds from its citizens as they possibly can, this has led to increasing capital controls, although there still exists a gray area in the realm of dual citizenship and tax loopholes. DUAL citizenship issues are a “loophole” in the US [...]
Tax Planner’s and CPA’s Gear Up For 2012 Focusing On Expatriate Tax Codes
February 17, 2012 By Leave a Comment
One of the challenges a government has which has grown out of control and acts in totalitarian measures, is losing some of the richest, most talented individuals since they become sick of threats and actuality of rising taxes, in addition to those sick and tired of their freedoms being taking away. This is leading a [...]
Falcon Planning Pension Plan for Expatriates of The UAE
January 25, 2012 By Leave a Comment
When considering the choice of becoming an expatriate, the though of retirement accounts might leave you wondering, what are your options, is their and unconventional expatriate retirement account or expatriate pension plan designed for the expatriate lifestyle? Falcon Private Bank is developing pension schemes to manage retirement savings for expatriate workers in the UAE. The [...]
Expatriates Hit Up By Relatives In Their Home Country For Gifts And Cash
January 23, 2012 By Leave a Comment
Expatriates often have some similar ties; independence, adventure, and self sufficiency. Many are not independently wealthy which would allow them to globe trot as well as live abroad for months and years at a time, although with a little ingenuity and creativity they make things happen. There might be an air of jealousy between expatriates [...]
Qatar Alcohol Ban Could Further Distance Expatriates To The UAE.
January 16, 2012 By Leave a Comment
With the UAE being termed the most unfriendly nation for expatriates due to the difficulty expatriates might have fitting in with local cultures, officials are taking very seriously the Qatar alcohol ban which could further distance expatriates to the UAE. Qatar’s move to ban the sale of alcohol on its flagship Pearl development may hint [...]
