There are many options when considering moving "offshore". Check out EscapeFromAmericaMagazine at: www.escapeartist.com/e...
I spent 2 years reviewing articles and had pretty much made up my mind that I would check out Panama. But I first took a vacation to Costa Rica, and the rest is history. Have lived here or in South. Nicaragua for the past 4 years or so and love it. There are many options in Latin American coutries if you desire residency, Or just be at PT and check out some new local every 3 months for 72 hours minimum.
Most countries down here do not have income taxes, do not recognize capital gains etc. But as long as you hold US citizenship, you still have to pay Uncle Sam. That you are stuck with for your life...
Live as Uncle Harry said: Have citizenship in one country, bank in another, and live in another". Works for me. Pura Vida!
Downgrading Uncle Sam? [View article]
I spent 2 years reviewing articles and had pretty much made up my mind that I would check out Panama. But I first took a vacation to Costa Rica, and the rest is history. Have lived here or in South. Nicaragua for the past 4 years or so and love it. There are many options in Latin American coutries if you desire residency, Or just be at PT and check out some new local every 3 months for 72 hours minimum.
Most countries down here do not have income taxes, do not recognize capital gains etc. But as long as you hold US citizenship, you still have to pay Uncle Sam. That you are stuck with for your life...
Live as Uncle Harry said: Have citizenship in one country, bank in another, and live in another". Works for me. Pura Vida!