Tag Archives: International Living

Reflecting On Traveling Around The World: The Reunion

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Reflecting On Traveling Around The World: The Reunion

“I have a career and businesses I can run from an Internet connection anywhere around the world.  There was nothing holding me back from anything I wanted to experience. I do remember the feeling of actually quitting my job. The actual motion and fear of the unknown. The uncertainty of arriving at a destination that no longer knowing where things were or how to find them. It is that very thing that kept me tied to my job for so long.  If it wasn’t for the fear of the unknown I would have left my job years earlier. I write this just to reflect on how my life has changed ever since I decided to live this new lifestyle.”

http://wanderingtrader.com/travel-blog/traveling-around-the-world-reunion/

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Dan Mitchell Debating Tax Havens

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Dan Mitchell Debating Tax Havens

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10 Things that Cause Tax Audits of US Expatriates

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“1. Not Reporting All Of Your Taxable Income.  2. Filling Out Forms 2555 Incorrectly.  
3. Form 1116 (foreign tax credit) not done correctly.  4. Taking Higher Than The Average Deductions.  5. IRS Finders Fee Program. 6. Business Meals, Travel And Entertainment. 
7. Claiming 100% Use Of Your Car For Business.  8. Large Cash Transactions. 9. Math Errors. 10. Failure to Properly Abandon your State Tax Domicile.”

http://usexpatriate.blogspot.com/2013/02/10-things-that-cause-tax-audits-of-us.html

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What the Passport Pitchmen Don’t Tell You…

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“A few years ago, my father had heart problems. I’m his only child, his only living relative, and his sole heir. So I thought that if I could come back to the United States, we could spend time together while we still had the chance and I could be close to my future inheritance.  We put in all the paperwork required by U.S. Immigration, paid all the fees, etc. You would think that ‘immediate family’ members of U.S. citizens would get a residency permit easily right? NOT!!! Long story short, two years later the paperwork was STILL in process. Then, in April this year, I got that call that all of us dread, announcing the death of my father.”

http://www.nestmann.com/what-the-passport-pitchmen-dont-tell-you/

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Beijing Subway, Line 13, morning rush hour – just a little crowded

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Beijing Subway, Line 13, morning rush hour – just a little crowded

“July 18, 7:30 am, likely the Xierqi subway station on Line 13.”

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Doug Casey: Fact Gold Went Down is Marvelous

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Doug Casey: Fact Gold Went Down is Marvelous

“Kitco News catches up with Doug Casey to talk about gold, the Fed, inflation and the future of the US. ‘Gold is a way you save, it is a way to put capital aside for further use,’ said Casey. He is glad gold prices are down and will continue to buy the metal. Casey also talks about the importance of diversifying assets internationally and talks about his book ‘Totally Incorrect.’ Watch now to hear his thoughts on the markets and precious metals.”

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Which Countries Can The NSA Whistleblower Escape To?

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“An extradition treaty is a legal mechanism that countries use to transfer people to another country for numerous reasons. The terms and conditions of extradition treaties vary due to the circumstances of each individual case and also from country to country. Some countries (like France and Brazil) will not extradite their own citizens no matter what. Generally speaking, in order for extradition to be successful, the suspected criminal act must not be political in nature, it must be recognized as a crime in both jurisdictions, and the suspect must not be in danger of receiving the death penalty or torture if transferred.”

http://www.internationalman.com/78-global-perspectives/951-which-countries-can-the-nsa-whistleblower-escape-to

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If Edward Snowden Had Read This Book …

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“In most countries, extradition is not automatic. A hearing is usually required, with the person subject to extradition given the opportunity to argue his or her case. Some countries, such as Brazil, almost never allow extradition. Many refuse to return a person they deem to be wanted for ‘political’ offenses. Usually, an extradition request seeks persons facing criminal prosecution or an already convicted escapee, but there are other grounds for such official demands. Generally, tax offenses have not been extraditable. However, fraud per se is an extraditable offense, so a government that wants to pursue a tax case claims ‘tax fraud.'”

http://sovereign-investor.com/2013/07/19/if-edward-snowden-had-read-this-book/

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Taxpatriate? Tax dodgers welcome to leave, not welcome to return

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“An amendment to the Homeland Security Bill has been proposed banning US expatriates who have renounced their US citizenship or long-term residence in order to escape US tax obligations from entering the country. The amendment would mean that former citizens of the United States who officially renounced United States citizenship and who have been determined by Homeland Security to have done this for the purpose of avoiding US tax obligations are inadmissible. Furthermore, covered expatriates unable to present evidence that they renounced US citizenship with the purpose of avoiding US tax obligations would also become inadmissible.”

http://www.emirates247.com/news/taxpatriate-tax-dodgers-welcome-to-leave-not-welcome-to-return-2013-07-06-1.513305

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US Is World’s Largest Tax Haven

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“What is the world’s largest tax haven? If you guessed any country in the Caribbean, South Pacific, Asia, the Middle East, Africa, Central or South America or Europe, then you would be wrong. Only the United States can lay claim to that title. Ever since the French loaned money to the struggling revolutionaries who defeated the British to create the United States, to today where the Chinese are buying U.S. Treasury debt, the United States would not be able to maintain its economy without large inflows of foreign capital.  Foreign investors can invest in the United States virtually tax free — in structures that are legally protected from risks and, currently, with secrecy.”

http://www.moneynews.com/Kleinfeld/tax-haven-US-investor/2013/07/08/id/513734

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