Comments on: Questions: Health, Taxes, and Citizenship http://www.sovereignman.com/expat/questions-health-taxes-and-citizenship/ Wed, 08 Feb 2012 07:26:00 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Rad http://www.sovereignman.com/expat/questions-health-taxes-and-citizenship/comment-page-1/#comment-7177 Rad Thu, 05 Aug 2010 07:35:14 +0000 http://www.sovereignman.com/?p=1913#comment-7177 Canada is not a tax haven. I doubt that you can immigrate and not pay taxes for 5 years.<br>However, the Canadian government will allow you to invest almost half a millon dollars in special bonds for immigrants in investor class and will give you back the money after five years with zero interest. Some deal!<br>If you want more info about immigration to Canada read here: <a href="http://www.cic.gc.ca/english/immigrate/business/index.asp" rel="nofollow">http://www.cic.gc.ca/english/immigrate/business...</a> Canada is not a tax haven. I doubt that you can immigrate and not pay taxes for 5 years.
However, the Canadian government will allow you to invest almost half a millon dollars in special bonds for immigrants in investor class and will give you back the money after five years with zero interest. Some deal!
If you want more info about immigration to Canada read here: http://www.cic.gc.ca/english/immigrate/business…

]]> By: Alexander http://www.sovereignman.com/expat/questions-health-taxes-and-citizenship/comment-page-1/#comment-7153 Alexander Tue, 03 Aug 2010 07:41:08 +0000 http://www.sovereignman.com/?p=1913#comment-7153 and I do apologize for all the grammatical errors. Looking back at this post is slightly embarrassing. Also, I suppose I should have said Mr. Black at the start. and I do apologize for all the grammatical errors. Looking back at this post is slightly embarrassing. Also, I suppose I should have said Mr. Black at the start.

]]> By: Pale http://www.sovereignman.com/expat/questions-health-taxes-and-citizenship/comment-page-1/#comment-7143 Pale Sun, 01 Aug 2010 08:06:14 +0000 http://www.sovereignman.com/?p=1913#comment-7143 Simon, what do you think of French citizenship, for a U.S. citizen with a French parent? I have this option. Thanks. Simon, what do you think of French citizenship, for a U.S. citizen with a French parent? I have this option. Thanks.

]]> By: Alexander Holiday http://www.sovereignman.com/expat/questions-health-taxes-and-citizenship/comment-page-1/#comment-7144 Alexander Holiday Sat, 31 Jul 2010 20:51:25 +0000 http://www.sovereignman.com/?p=1913#comment-7144 Mr. Simon,<br><br>I a young guy (19) but I have US and Brazilian Citizenship because my mother was a Brazilian. I had a Brazilian passport, but it expired and because of some paperwork troubles down there I can't yet get a new one, but we have a lawyer working on that, I think.<br><br>I read in another post (though I am new to your wonderful site) that a Brazilian passport would be one of the most valuable. What or why exactly will this be the case? <br><br>Also, I'm wondering what places you would recommend a young adventurer/entrepreneur who is considering living abroad for large periods of time. <br><br>Also, I'm curious about Brazil, and how it would be to live there. They're government is a 'bit' socialist, but for an expat or world traveler, is it a good country to reside in? Mr. Simon,

I a young guy (19) but I have US and Brazilian Citizenship because my mother was a Brazilian. I had a Brazilian passport, but it expired and because of some paperwork troubles down there I can't yet get a new one, but we have a lawyer working on that, I think.

I read in another post (though I am new to your wonderful site) that a Brazilian passport would be one of the most valuable. What or why exactly will this be the case?

Also, I'm wondering what places you would recommend a young adventurer/entrepreneur who is considering living abroad for large periods of time.

Also, I'm curious about Brazil, and how it would be to live there. They're government is a 'bit' socialist, but for an expat or world traveler, is it a good country to reside in?

]]> By: Srwsearch http://www.sovereignman.com/expat/questions-health-taxes-and-citizenship/comment-page-1/#comment-7132 Srwsearch Sat, 31 Jul 2010 10:43:08 +0000 http://www.sovereignman.com/?p=1913#comment-7132 So what is this about being able to immigrate to Canada if you start a business or are self-employed and pay no taxes for 5 years, acquire citizenship then can move on to wherever? So what is this about being able to immigrate to Canada if you start a business or are self-employed and pay no taxes for 5 years, acquire citizenship then can move on to wherever?

]]> By: Quietboard http://www.sovereignman.com/expat/questions-health-taxes-and-citizenship/comment-page-1/#comment-7133 Quietboard Sat, 31 Jul 2010 04:24:03 +0000 http://www.sovereignman.com/?p=1913#comment-7133 Hello, how do you ask Simon a question? I replied to his email list and apparently that doesn't work.<br><br>Thanks,<br>Larry Hello, how do you ask Simon a question? I replied to his email list and apparently that doesn't work.

Thanks,
Larry

]]> By: Netsamir http://www.sovereignman.com/expat/questions-health-taxes-and-citizenship/comment-page-1/#comment-7134 Netsamir Sat, 31 Jul 2010 01:53:40 +0000 http://www.sovereignman.com/?p=1913#comment-7134 Hi Simon,<br><br>It has been a while that I am following you, and you seem no tired to travel. I think I would be exhausted. <br><br>However, thank you again, you are a great man and a genius. You share with us so many information. Hi Simon,

It has been a while that I am following you, and you seem no tired to travel. I think I would be exhausted.

However, thank you again, you are a great man and a genius. You share with us so many information.

]]> By: Mkurbanov http://www.sovereignman.com/expat/questions-health-taxes-and-citizenship/comment-page-1/#comment-7135 Mkurbanov Fri, 30 Jul 2010 23:21:25 +0000 http://www.sovereignman.com/?p=1913#comment-7135 Simon, regarding a US having its its hand out for a piece of all US-source income even for foreigners. Do i understand right that it also applies to capital gains on stocks foreigner not living in US trades on US stock market ? That would be different what I know. Or rules have changed ? Simon, regarding a US having its its hand out for a piece of all US-source income even for foreigners. Do i understand right that it also applies to capital gains on stocks foreigner not living in US trades on US stock market ? That would be different what I know. Or rules have changed ?

]]> By: Joe http://www.sovereignman.com/expat/questions-health-taxes-and-citizenship/comment-page-1/#comment-7136 Joe Fri, 30 Jul 2010 22:38:26 +0000 http://www.sovereignman.com/?p=1913#comment-7136 It is awesome to read about how to stay healthy when traveling. I made a recent purchase from guys at Tacfit who design the bodyweight exercise. I don't want to be so rely on gym but using it as an extra to my workout wherever I travel. It is awesome to read about how to stay healthy when traveling. I made a recent purchase from guys at Tacfit who design the bodyweight exercise. I don't want to be so rely on gym but using it as an extra to my workout wherever I travel.

]]> By: John http://www.sovereignman.com/expat/questions-health-taxes-and-citizenship/comment-page-1/#comment-7137 John Fri, 30 Jul 2010 22:20:22 +0000 http://www.sovereignman.com/?p=1913#comment-7137 I have a green card and EU passport, so I can easily expatriate. However, since almost all of my retirement income is coming from the US, will there be any advantage? US will withhold maybe more than I would pay as a resident? I have a green card and EU passport, so I can easily expatriate. However, since almost all of my retirement income is coming from the US, will there be any advantage? US will withhold maybe more than I would pay as a resident?

]]> By: Rad http://www.sovereignman.com/expat/questions-health-taxes-and-citizenship/comment-page-1/#comment-7128 Rad Fri, 30 Jul 2010 22:05:20 +0000 http://www.sovereignman.com/?p=1913#comment-7128 You do realize that there is one more country between Poland and Hungary, right? ;) You do realize that there is one more country between Poland and Hungary, right? ;)

]]> By: Subhas Mukhopadkyay http://www.sovereignman.com/expat/questions-health-taxes-and-citizenship/comment-page-1/#comment-7129 Subhas Mukhopadkyay Fri, 30 Jul 2010 21:39:40 +0000 http://www.sovereignman.com/?p=1913#comment-7129 Simon, I enjoy very much your daily e-letters. Thanks for sharing these valuable information. <br>I carry a Brazilian Passport and a permanent resident in Canada. My investment account is in US and managed by a French Bank. As non-resident foreigner I sign W8 and is waived from US applicable taxes. I believe this should also be valid for a person holding Irish Passport and residing in Panama. However, I understand we all have to pay taxes to US Government if it originates from a real estate property or other Government origin payment. Am I wrong?<br><br>Subhas Simon, I enjoy very much your daily e-letters. Thanks for sharing these valuable information.
I carry a Brazilian Passport and a permanent resident in Canada. My investment account is in US and managed by a French Bank. As non-resident foreigner I sign W8 and is waived from US applicable taxes. I believe this should also be valid for a person holding Irish Passport and residing in Panama. However, I understand we all have to pay taxes to US Government if it originates from a real estate property or other Government origin payment. Am I wrong?

Subhas

]]> By: Giselle http://www.sovereignman.com/expat/questions-health-taxes-and-citizenship/comment-page-1/#comment-7130 Giselle Fri, 30 Jul 2010 21:28:23 +0000 http://www.sovereignman.com/?p=1913#comment-7130 Hi Simon, I love your newsletters! They are so informative and sometimes funny and witty. What I wanted to ask you was this: How do you cope with traveling alone, or do you always travel with family? I have been traveling for the last couple of years but the longest I've stayed in one place is two weeks. I become extremely homesick. I plan on taking a two month trip somewhere to get rid of it and really try to learn about the country and how locals live. How do you do it? Hi Simon, I love your newsletters! They are so informative and sometimes funny and witty. What I wanted to ask you was this: How do you cope with traveling alone, or do you always travel with family? I have been traveling for the last couple of years but the longest I've stayed in one place is two weeks. I become extremely homesick. I plan on taking a two month trip somewhere to get rid of it and really try to learn about the country and how locals live. How do you do it?

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