Places to Live With $1,000 per Month

Places to Live With $1,000 per Month

Dateline: Bogota, Columbia I recently gave some thought to the question: What would I do if I had to start over with nothing and only had $1,000 per month to live on as a nomad capitalist — where would I live and why? I like to think about this every once in a while...
Are Offshore Banks Safe and Secure?

Are Offshore Banks Safe and Secure?

Dateline: Kuala Lumpur, Malaysia Are offshore banks safe? In short – generally, yes. Though this blanket statement would do little to relax you. I could also tell you that during the Great Recession, US Banks were merely the 40th safest in the world and they...
Why I Hate Risk and How I Avoid It

Why I Hate Risk and How I Avoid It

 Dateline: Kuala Lumpur, Malaysia I hate risk. This statement might seem strange coming from me.  People think I’m a traveling daredevil who has never had a ‘real’ job, who invests in dangerous markets and who is so flippant about what I already have that I renounced...
Do You Need a “Plan A” or “Plan B”?

Do You Need a “Plan A” or “Plan B”?

Dateline: Kuala Lumpur, Malaysia I’ve been in the business of helping people design their ideal international lifestyle for a long time now. To this day, I have always found it interesting to see what reasons people bring to the table when they’re discussing their...
Bank Offshore in the Cook Islands with CSB Bank

Bank Offshore in the Cook Islands with CSB Bank

Guest Contributor: Gerard Field is the CEO of Capital Security Bank and has lived in the Cook Islands for the past two years. He is also a Director of the Financial Services Development Authority, a Cook Islands government organization tasked with promoting the island...
Offshore Trusts: The Ultimate Guide

Offshore Trusts: The Ultimate Guide

Dateline: Bogota, Colombia A friend of mine received a postcard in the mail the other day. It didn’t come with a beautiful picture of the beach or a panoramic view of a bustling city skyline. No, much to their disappointment, this postcard was covered from front to...
Why I Hate Easy Taxes, Passports, and Banking

Why I Hate Easy Taxes, Passports, and Banking

Dateline: Mexico City, Mexico Easy is a word that is used . . . well, too easily. From time to time I talk about how something I did was easy. For instance, I’ve talked before about how easy it is to open a bank account in Georgia. But I’ll be the first to admit that...
Form 8858: US Taxes on Foreign Disregarded Entities

Form 8858: US Taxes on Foreign Disregarded Entities

As an expat or U.S. taxpayer who owns a foreign business or an interest in a foreign business (corporation, partnership or LLC), there are a number of forms that you must complete and file with your standard 1040F income tax return. These forms are typical...
Form 8865: Tax Returns for Foreign Partnerships

Form 8865: Tax Returns for Foreign Partnerships

As readers of this site know, the United States taxes its citizens (including expats who live and work abroad) and legal permanent residents (LPRs) on their worldwide income. No matter where in the world your income is derived, the US government wants its piece, and...