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If you’re over 35, a refundable bank deposit of just $20,000 – or, in some cases even less – buys you residency in the Philippines. If you’re over 50 and have a pension income of at least $800 a month, a bank deposit of as little as $10,000 will suffice. Even “ailing retirees,” those
These days it’s very difficult to find a bank that will open accounts for non-resident foreigners, and even do so remotely. If you cannot show up in person to open an account, it is sometimes still possible to do so through an intermediary who knows exactly who to contact, in which part of
I’ve been in Chile now again for the past few weeks, and I’m really glad to be back. There’s lots of exciting stuff going on here, but today I want to tell you about a new way of obtaining residency in Chile that I’ve recently discovered. This is hot off the presses as
We’ve reported several times before that Hong Kong is one of the cheapest places in the world to buy gold. But the bottom line is that it’s getting a bit more difficult to do so. At ………………. Bank, for example,they will now only sell a maximum of HK$120,000 (about US$15,400) worth ofgold coins to non-account holders. This is less than
Here’s something that almost nobody knows about. And it’s an important topic. If you’re a US taxpayer, you know that the Foreign Bank Account Report or FBAR is one of the numerous forms from a stack of compliance documents that the US government demands. We’ve talked at length about it previously, not least
