Tag Archives: International Living

Real Estate: “Millennials” Out, Chinese Buyers In

Posted on by

“‘Millennials’ born in the early 1980s are shunning the [housing] market amid concerns about future financial stability, rising expenses and excessive debts. And who is increasingly filling the housing demand hole? Foreign investors, led by cash-rich Chinese buyers!  Housing Wire notes that foreign buyers purchased just over $92 billion worth of U.S. real estate in the year ending in March, up sharply from $68 billion a year earlier. A whopping 60% of them paid all cash, compared to one-third of domestic buyers.  Chinese buyers spent $22 billion of that total, the largest percentage by dollar volume. They now account for 16 percent of all foreign purchases, triple the level of just a few years ago.”

http://www.moneyandmarkets.com/real-estate-millennials-chinese-buyers-63102

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Foreign direct investment: Ireland’s 50 year overnight success story

Posted on by

“The level of investment in Ireland by US companies is phenomenal – more capital invested in Ireland since 1990 ($189bn) than Brazil, Russia, India and China combined. Approximately one-quarter of Ireland’s GDP is from US companies. There is nowhere else in the world (outside the US of course) where there are more US multinationals and emerging companies.   Tech giants Google (Google recently celebrated ten years in Dublin) and Facebook have their international headquarters in Dublin, along with LinkedIn, Twitter, PayPal, Amazon and Zynga.  So what is it about Ireland that makes it such an attractive place to invest?”

 

http://www.irishcentral.com/business/technology/FDI—Irelands-50-year-overnight-success-story.html

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Doug Casey on Opting-Out

Posted on by

“When you’re from more than 50 miles away, you’re a novelty, people are interested in meeting you and talking to you. If you stay in your native land you are just one of millions of others that have the same background and skills. You’re nothing special. So that’s why it’s good to arbitrage yourself, by transplanting yourself.  There’s a danger in taking a normal 9-5 style job: you may get in to a rut and stay there, eventually finding yourself trapped by gradually climbing a corporate ladder. One thing leads to another and before you know it you’re fifty-years-old and most of your options are closed. I think it’s better to hit the road and do the unconventional.”

http://isil.org/doug-casey-on-opting-out-from-the-state-formal-education-and-standard-employment-2/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Happy “No Refusal Day” 2014

Posted on by

“Over the ‘Independence Day’ weekend citizens across the nation will celebrate the fourth day of July with a ‘blitz’ of ‘no-refusal’ blood-draw checkpoints. State troopers have renamed the weekend as ‘No Refusal Weekend.’  Drivers stopped by police who refuse to take an alcohol breath test will undergo a mandatory blood test either at the scene, at a medical facility or at the nearest jail. Anyone who even questions the breath test could also automatically lose their permission to drive for a year.  For those cities not officially implementing the ‘No Refusal Weekend’ they will likely be implementing a ‘Maximum Enforcement Weekend.’ Look for your region on the list.”

http://dollarvigilante.com/blog/2014/7/4/happy-no-refusal-day-2014.html

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

A Ceasefire in the IRS’ War on US Citizens?

Posted on by

“Effective immediately, expats who agree to disclose their foreign accounts and pay US taxes for the previous three years won’t need to pay any penalties. They’ll owe just back taxes and interest (if any). The IRS even extended an olive branch to resident Americans. They’ll be able to come forward and disclose their offshore accounts for the previous three years and pay only a 5% penalty, not 27.5%.   If the IRS decides your failure to comply with these obligations was willful, you could be socked with a 50% penalty.  In addition, a recent US court decision made it clear that the 50% penalty could be imposed for each year you had an undisclosed international account.”

http://www.nestmann.com/a-ceasefire-in-the-irs-war-on-us-citizens

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

New U.S. Law Would Revoke Passports of Delinquent Taxpayers

Posted on by

“The biggest chunk of money is projected to come from a provision that would force people who inherit IRAs and other retirement plans to take required taxable distributions over five years. Under current law, they take those payments over a longer period that is linked to their life expectancy. The change is expected to generate $3.7 billion in revenue over 10 years. Wyden’s proposal also would require the Secretary of State to revoke passports for delinquent taxpayers. Current law allows the State Department to refuse to issue or renew a passport if an applicant owes child support in excess of $2,500 or certain types of federal debts, but does not extend to tax delinquency.”

http://www.bloomberg.com/news/2014-06-24/wyden-targets-tax-changes-for-9-billion-highway-infusion.html

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Eric Clapton Cites Security Hassles as Reason He’ll Stop Touring

Posted on by

“There’s just 25 months left to see Eric Clapton on tour. The legendary guitarist says that he’s going to quit the road life when he turns 70 years old because getting from show to show is too much of a pain. ‘The bit on stage, that’s easy,’ he says before insisting he’ll stay active playing around his hometown.  Clapton, who turns 70 on March 30, 2015, says security and immigration officials are two groups of people he’ll be glad to be rid of. ‘I never get it right. I forget to take off my belt, or I have change in my pocket,’ he tells Rolling Stone. ‘Next thing I know, ‘Can you come over here please?’ I just don’t want to do that anymore.'”

http://ultimateclassicrock.com/eric-clapton-cites-hassles-of-travel-as-reason-hell-stop-touring-at-70/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

How an Online Business Can Help You Internationalize

Posted on by

“Many people are seeing the opportunity to internationalise themselves by either starting an Internet-based business or restructuring an existing business to be operable over the Internet.  An Internet-based business does offer the potential to create an income that is either equal or similar to that which one would enjoy ‘at home,’ whilst still living in another country. In addition, in many cases, this is possible without having to change clientele or learn a new language. Therefore, the Internet-based business tends to minimise the level of change that one would need to go through in an effort to internationalise.  Best of all, the Internet is not regulated by any country at present, which allows for tremendous freedom.”

http://www.internationalman.com/articles/how-an-online-business-can-help-you-internationalize

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

FATCA, GATCA and the Changing Investment Scene, Worldwide

Posted on by

the-daily-bell-top-logo61

“GATCA is going to destroy financial privacy, which was pretty much destroyed in the first place. So taking your savings offshore in the form of financial accounts is going to offer you no privacy benefits. If your plan depends on privacy, you should get a new plan. That said, there are other concrete reasons to diversify internationally. As I mentioned before, offshore banks are often much safer and better capitalized than most banks in the US. Additionally, a foreign bank account cannot be seized or frozen at the drop of a hat by the US government, which would be especially useful if official capital controls are put in place.”

http://www.thedailybell.com/exclusive-interviews/35393/Anthony-Wile-Nick-Giambruno-on-FATCA-GATCA-and-the-Changing-Investment-Scene-Worldwide/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Strategies Overseas Retirees Need to Handle a Multi Currency Lifestyle

Posted on by

“Americans who move overseas often lose money or have problems with the tax authorities because they live a multi-currency lifestyle. In this 19 minute webinar, hear international money expert Douglas Goldstein, CFP® summarize the strategies that every American needs to know who is planning to move abroad, or has already moved overseas. In this program, find out: (a) The 3 Reasons Currency Traders Get it Wrong… and The #1 Thing Clients Need to Understand About Currency, (b) What Everybody Ought to Know About Transferring Money (money changers vs. banks vs. cash), and (c) The Tax Form Which is Hitting U.S. Expats Hard.”

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet