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Casual Articles - Global Residency
Telemarketing is one of the most controversial elements of advertising and sales that has ever been. With a turn towards avoiding this means of marketing, business are looking elsewhere. But, can an effectively run telemarketing campaign still pay off? Is your business the right type to take on the telemarketing world? There is little doubt that telemarketing has been successful, but with so many worries about legal action, it is necessary to do several things to ensure your telemarketing campaign is successful.For example, with many new laws in place regulating the use of telemarketing to specific time frames as well as to only individuals who have not said they do not want to be called, it is necessary to insure that the company that is used to market is of the most highest of standards. If you consider your business not at risk, think again. The image alone that the customer has when they are ‘bothered” is not one you will want to tarnish your business’s name. But, with the use of regulated services that really do pay attention to detail, you can benefit from telemarketing.Telemarketing is necessary to many businesses. It can be done quite successfully. If you are considering the use of telemarketing to promote your service or company, insure that you use a company that screens employees, hires and trains employees effectively and that has a successful rating. With these things kept in mind, just about any need that you have in telemarketing can be fulfilled successfully.
The only worry I have with the Bahamas is global warming. The country is low lying and if the sea levels rise most of this country may become Atlantis. The official language of this country is English.
3. The Turks and Caicos Islands
The Turks & Caicos Islands - lie south east of the Bahamas.
This country is a dependency of the UK. There is no income or company tax, gift tax, inheritance, property or sales taxes.
Living and residency here is easy. It costs approximately US$2,000 for a permit to work or reside here. Don't even think about looking for a job here, however.
The country is democratic and the official language is English.
4. The Dominican Republic
The Dominican Republic - ( not to be confused with the Commonwealth of Dominica) is one of the poorest countries in the Caribbean. It is located east of Haiti and west of Puerto Rico.
This country is democratic and the official language is Spanish.
All foreign earned income is tax free here and you can live like a king because everything is so cheap.
If you are American, European, Canadian, British or Australian and have an external income your residency is virtually guaranteed. After 2 years you can apply for
Professional Social Networks reaching "The Tipping Point". I do not know how many people have read the book "The Tipping point" by Malcolm Glaswell. Social networks, especially professional social networks ("PSN") have all the makings of "tipping". It's one on the reasons why we are here!PSN have the stickiness factor, We have all heard…"it’s who you know not what you know” with PSNs it is not only who you know but who do they know!1-You got your Mavens:Venture Capitalist/investors are starting to us PSNs– looking to invest in new products/services that can be discovered through the ever expanding PSNs. You also have experienced professionals that are looking to share their knowledge upon others. These are the individuals that can help with a new start up.2-There are your Connectors: Mid to senior level managers that through their business experience have usually built large networks. You also have Alumni Associations/professional organizations that are built upon networks are not taking advantage of PSNs. These are the people that can hel p promote your business3-Finally, your Salesmen: Corporate Recruiter & Corporate HR Dept., in their continuing quest to fill vacancies with qualified candidates are relying more and more on PSNs.What better way to stay in touch & conduct business in today's Global economy. I currently use PSNs to promote my new company Wireless Communication Service , LLC www.wcsvc.com PSNs have helped me reconnect with new business associates and old business associates. In today's Competati
However, after reading this chapter, you may start to develop itchy feet. The grass sometimes IS greener on the other side.
What are the advantages of moving? Basically that depends on where you live now and on how you want to live. Moving to another country can reduce or eliminate income, corporate and capital gains taxes. Now I've got your attention. Here is the BUT If you live in the USA you are taxed by your government on your world-wide income regardless of where you live in the world. That's rude. It may still be tax advantageous to move however. You won't get taxed twice. If you move to a tax haven where there are no or minimal taxes you will still have to pay the IRS but you won't have any paperwork to do in your new home. If you move to a non-tax haven with a double taxation treaty with the USA there are many options open to you usually for reducing your taxable income. Talk to an advisor who specializes in international taxation. I'm not an accountant. I'm not even American so the US taxation system is not something I am well versed in. However, I do know that significant tax savings are possible when properly structured.
If you are a citizen of a country with a residency based taxation system, and most are, then your tax saving opportunities are much easier. Just move. Once you reside outside these countries the tax departments no longer have any interest in taxing you. You only need to pay tax in the country you move to, if that country requires it.
Tax reasons are not the only reason to move overseas. It isn't even the most important reason, saving tax is just a bonus.
The real reason, and only important reason to move is to increase your standard of living. What you need to ask yourself is this. What do you want? Does the place you live in now provide that for you? Do you want a more laid back lifestyle? Do you want to be exposed to less crime? Do you want a less expensive lifestyle, but with more luxury? Do you want a warmer or cooler climate? Do you want cheaper real estate and no capital gains taxes? etc. Only you know what you want. Below we will explore some of the best places in the world and why. Perhaps one of these places will suit what you are looking for.
We will also look at the issue of economic citizenship. Economic citizenship programs are made available by 2 countries presently. They are St.Kitts & Nevis and Dominica. These countries, in exchange for varying amounts of money, will give you instant legal citizenship including a passport. You are not required to live in any of these countries, but as a citizen you can if you want to. The main advantage of these programs is the gaining of the second passport. This is essential for world travel if your original passport is from a country that has developed many enemies. For example, if your aircraft or cruise ship is hijacked by terrorists you may survive if you have a St Kitts & Nevis or Dominican passport because nobody has an argument with these countries. If you are carrying a passport from the US, UK or Australia you are screwed. Also another example is this, if you travel to Arab countries and also Israel you will experience fewer problems with the custom officials in these countries if you use separate passports with separate visas for entry into each of these countries. Another important advantage of these passports is that they allow visa free travel to a huge number of countries making travel easier than it may be on your current passport. One of the most important advantages of a passport from these countries, however, is the investment opportunities that it opens up. Some investments are not open to the citizens of some countries. The 2nd passports discussed here can be used to identify yourself to banks and investment companies and so allow you to invest in these lucrative investments. These economic citizenship programs will be discussed further under the appropriate country listing.
Peruse the following country listings and see if any of these options fit your goals. My argument regarding residency is this. To live a luxury lifestyle you need to earn more and spend less whilst improving your standard of living. Moving to a tax haven, I believe, is essential. Reduce your tax and buy what you want cheaper. There are many fantastic places in the world you can move to and even save tax in, but many are expensive. Examples of these are Australia, New Zealand, Canada, USA, Bermuda, Ireland, the UK, Andorra, Campione and in fact most places in Europe are a nice place to live. You have to be quite wealthy to live the luxury lifestyle in these places. If you are quite wealthy check them out. If you are moderately well off then you can leverage what you have and acquire a luxury lifestyle by moving to the countries I have highlighted below. Almost all of these countries have first world products and services at reasonable prices.
Here we go.
1. Vanuatu
Vanuatu - is a group of islands north of New Caledonia, southeast of the Solomon Islands and west of the Fijian Islands in the South Pacific.
It is a beautiful, peaceful country and has been independent since 1980. If you would like to move there you are required to make a positive contribution to the economy. This means investing US$50,000 in an approved investment and also lodge an immigration bond to pay for your repatriation should you make a nuisance of yourself. You can opt to invest the US$50,000 in real estate, however, you cannot own land there. You instead purchase a 55 year lease that is renewable.
The people of Vanuatu speak Pidgin, English and French. The country is democratic and there is no income tax.
2. The Bahamas
The Bahamas - are a group of many islands south-east of the US and north-west of Cuba in the Caribbean.
This is a democratic, income and company tax free country renowned for its tropical beauty. It is also one of the few countries in the world where you can buy your own tropical island.
If you wish to reside here, permanent and temporary residency permits require the payment of approximately B$1,000 for the head of the family plus B$20 for each family member. Also required if you want permanent residency is an investment of B$250,000 in a registered group investment or B$500,000 in another investment. Temporary permits are valid for 1 year. Tourist visas allow you to stay for up to 8 months of the year.
The only worry I have with the Bahamas is global warming. The country is low lying and if the sea levels rise most of this country may become Atlantis. The official language of this country is English.
3. The Turks and Caicos Islands
The Turks & Caicos Islands - lie south east of the Bahamas.
This country is a dependency of the UK. There is no income or company tax, gift tax, inheritance, property or sales taxes.
Living and residency here is easy. It costs approximately US$2,000 for a permit to work or reside here. Don't even think about looking for a job here, however.
The country is democratic and the official language is English.
4. The Dominican Republic
The Dominican Republic - ( not to be confused with the Commonwealth of Dominica) is one of the poorest countries in the Caribbean. It is located east of Haiti and west of Puerto Rico.
This country is democratic and the official language is Spanish.
All foreign earned income is tax free here and you can live like a king because everything is so cheap.
If you are American, European, Canadian, British or Australian and have an external income your residency is virtually guaranteed. After 2 years you can apply for c
A few years ago, one of my competitors, a consultant located in Ohio, would have his prospects call me to compare his prices to mine.At that time, he knew I charged more than twice the fee he quoted: “$1,200 per day.”Although I was always concerned about not winning business, I never put two and two together and connected my disappearing prospects to this guy’s manipulations, until he disclosed his strategy to me, in a moment of boastng and rare transparency.Here’s the kicker.Ninety-plus percent of the time I billed for was on-site. So, if I had a client in Cleveland, I wouldn’t break out a separate fee for traveling time or for preparation time. If I quoted $2,500 a day, plus out of pocket expenses then that was exactly what the client paid.My competitor, however, charged this way. He’d bill for three days at $1,200. One day was on-site and two days were off-site.But, by his own admission, he really didn’t expend two days of effort when he was at his office; perhaps only an hour or two.So, his actual rates were higher than mine, though he appeared to be cheaper by more than half!What an interesting sleight of hand, don’t you agree?His strategy demonstrates a few crucial things for the coach, consultant or services provider:(1) You can and perhaps must bill for off-site time as well as on-site.(2) You will face price competition so it always pays to appear reasonable in your fee setting.(3) You may want to consider engaging in a form of “value billing.”The l
Tax reasons are not the only reason to move overseas. It isn't even the most important reason, saving tax is just a bonus.
The real reason, and only important reason to move is to increase your standard of living. What you need to ask yourself is this. What do you want? Does the place you live in now provide that for you? Do you want a more laid back lifestyle? Do you want to be exposed to less crime? Do you want a less expensive lifestyle, but with more luxury? Do you want a warmer or cooler climate? Do you want cheaper real estate and no capital gains taxes? etc. Only you know what you want. Below we will explore some of the best places in the world and why. Perhaps one of these places will suit what you are looking for.
We will also look at the issue of economic citizenship. Economic citizenship programs are made available by 2 countries presently. They are St.Kitts & Nevis and Dominica. These countries, in exchange for varying amounts of money, will give you instant legal citizenship including a passport. You are not required to live in any of these countries, but as a citizen you can if you want to. The main advantage of these programs is the gaining of the second passport. This is essential for world travel if your original passport is from a country that has developed many enemies. For example, if your aircraft or cruise ship is hijacked by terrorists you may survive if you have a St Kitts & Nevis or Dominican passport because nobody has an argument with these countries. If you are carrying a passport from the US, UK or Australia you are screwed. Also another example is this, if you travel to Arab countries and also Israel you will experience fewer problems with the custom officials in these countries if you use separate passports with separate visas for entry into each of these countries. Another important advantage of these passports is that they allow visa free travel to a huge number of countries making travel easier than it may be on your current passport. One of the most important advantages of a passport from these countries, however, is the investment opportunities that it opens up. Some investments are not open to the citizens of some countries. The 2nd passports discussed here can be used to identify yourself to banks and investment companies and so allow you to invest in these lucrative investments. These economic citizenship programs will be discussed further under the appropriate country listing.
Peruse the following country listings and see if any of these options fit your goals. My argument regarding residency is this. To live a luxury lifestyle you need to earn more and spend less whilst improving your standard of living. Moving to a tax haven, I believe, is essential. Reduce your tax and buy what you want cheaper. There are many fantastic places in the world you can move to and even save tax in, but many are expensive. Examples of these are Australia, New Zealand, Canada, USA, Bermuda, Ireland, the UK, Andorra, Campione and in fact most places in Europe are a nice place to live. You have to be quite wealthy to live the luxury lifestyle in these places. If you are quite wealthy check them out. If you are moderately well off then you can leverage what you have and acquire a luxury lifestyle by moving to the countries I have highlighted below. Almost all of these countries have first world products and services at reasonable prices.
Here we go.
1. Vanuatu
Vanuatu - is a group of islands north of New Caledonia, southeast of the Solomon Islands and west of the Fijian Islands in the South Pacific.
It is a beautiful, peaceful country and has been independent since 1980. If you would like to move there you are required to make a positive contribution to the economy. This means investing US$50,000 in an approved investment and also lodge an immigration bond to pay for your repatriation should you make a nuisance of yourself. You can opt to invest the US$50,000 in real estate, however, you cannot own land there. You instead purchase a 55 year lease that is renewable.
The people of Vanuatu speak Pidgin, English and French. The country is democratic and there is no income tax.
2. The Bahamas
The Bahamas - are a group of many islands south-east of the US and north-west of Cuba in the Caribbean.
This is a democratic, income and company tax free country renowned for its tropical beauty. It is also one of the few countries in the world where you can buy your own tropical island.
If you wish to reside here, permanent and temporary residency permits require the payment of approximately B$1,000 for the head of the family plus B$20 for each family member. Also required if you want permanent residency is an investment of B$250,000 in a registered group investment or B$500,000 in another investment. Temporary permits are valid for 1 year. Tourist visas allow you to stay for up to 8 months of the year.
The only worry I have with the Bahamas is global warming. The country is low lying and if the sea levels rise most of this country may become Atlantis. The official language of this country is English.
3. The Turks and Caicos Islands
The Turks & Caicos Islands - lie south east of the Bahamas.
This country is a dependency of the UK. There is no income or company tax, gift tax, inheritance, property or sales taxes.
Living and residency here is easy. It costs approximately US$2,000 for a permit to work or reside here. Don't even think about looking for a job here, however.
The country is democratic and the official language is English.
4. The Dominican Republic
The Dominican Republic - ( not to be confused with the Commonwealth of Dominica) is one of the poorest countries in the Caribbean. It is located east of Haiti and west of Puerto Rico.
This country is democratic and the official language is Spanish.
All foreign earned income is tax free here and you can live like a king because everything is so cheap.
If you are American, European, Canadian, British or Australian and have an external income your residency is virtually guaranteed. After 2 years you can apply for
I caught myself wracking my brain over what kind of article I should write for newspapers that would be useful to business people. It struck me that I was making a solid effort to get into the mind of my target market. It also struck me that this is the biggest mistake most business owners make when designing their own ads. They start listing off their services and are ready to stick their logo front and center before even putting a thought to what their customers really care about.The first step in creating any advertising, be it a direct mail piece or an email, always has to be to think about what your customer wants. What do they desire? What do they need? Can you solve a problem for them? People all want to know, "what's in it for me?"This isn't a new concept and I'm sure you've heard it before, but when I look at newspaper ads and listen to the radio, it's evident that few heed this priceless advice. My guess is, it's because it's difficult to do. Difficult, but not impossible. So before you go ahead and spend another grand on your next pamphlet or print ad, use these tips on how to write great advertising.Eye Catching Headlines Headlines are found in an opening sentence of a sales letter, the subject line in an email, the title of your web pages and in your ads. Since the headline gets one or two seconds, now is your only chance to grab some attention. Grab ‘em, and grab ‘em good. Headlines have the following characteristics.- arouse curiosity.- promise answers to a ques
Peruse the following country listings and see if any of these options fit your goals. My argument regarding residency is this. To live a luxury lifestyle you need to earn more and spend less whilst improving your standard of living. Moving to a tax haven, I believe, is essential. Reduce your tax and buy what you want cheaper. There are many fantastic places in the world you can move to and even save tax in, but many are expensive. Examples of these are Australia, New Zealand, Canada, USA, Bermuda, Ireland, the UK, Andorra, Campione and in fact most places in Europe are a nice place to live. You have to be quite wealthy to live the luxury lifestyle in these places. If you are quite wealthy check them out. If you are moderately well off then you can leverage what you have and acquire a luxury lifestyle by moving to the countries I have highlighted below. Almost all of these countries have first world products and services at reasonable prices.
Here we go.
1. Vanuatu
Vanuatu - is a group of islands north of New Caledonia, southeast of the Solomon Islands and west of the Fijian Islands in the South Pacific.
It is a beautiful, peaceful country and has been independent since 1980. If you would like to move there you are required to make a positive contribution to the economy. This means investing US$50,000 in an approved investment and also lodge an immigration bond to pay for your repatriation should you make a nuisance of yourself. You can opt to invest the US$50,000 in real estate, however, you cannot own land there. You instead purchase a 55 year lease that is renewable.
The people of Vanuatu speak Pidgin, English and French. The country is democratic and there is no income tax.
2. The Bahamas
The Bahamas - are a group of many islands south-east of the US and north-west of Cuba in the Caribbean.
This is a democratic, income and company tax free country renowned for its tropical beauty. It is also one of the few countries in the world where you can buy your own tropical island.
If you wish to reside here, permanent and temporary residency permits require the payment of approximately B$1,000 for the head of the family plus B$20 for each family member. Also required if you want permanent residency is an investment of B$250,000 in a registered group investment or B$500,000 in another investment. Temporary permits are valid for 1 year. Tourist visas allow you to stay for up to 8 months of the year.
The only worry I have with the Bahamas is global warming. The country is low lying and if the sea levels rise most of this country may become Atlantis. The official language of this country is English.
3. The Turks and Caicos Islands
The Turks & Caicos Islands - lie south east of the Bahamas.
This country is a dependency of the UK. There is no income or company tax, gift tax, inheritance, property or sales taxes.
Living and residency here is easy. It costs approximately US$2,000 for a permit to work or reside here. Don't even think about looking for a job here, however.
The country is democratic and the official language is English.
4. The Dominican Republic
The Dominican Republic - ( not to be confused with the Commonwealth of Dominica) is one of the poorest countries in the Caribbean. It is located east of Haiti and west of Puerto Rico.
This country is democratic and the official language is Spanish.
All foreign earned income is tax free here and you can live like a king because everything is so cheap.
If you are American, European, Canadian, British or Australian and have an external income your residency is virtually guaranteed. After 2 years you can apply for
Organic search engine optimization (SEO) is the process of optimizing your website or page so that you will become one of the top results in a search engine query. Increased link popularity results in higher Search Engine rankings for your chosen search items so this is one of the most effective methods for organic SEO.--- The Advantages of Organic SEO ---Many people look down on organic Search Engine Optimization, preferring to use other techniques (such as pay-per-click search engine advertising) that – to their minds - result in higher page rankings in the minimum amount of time. What they don’t realize is that, while this technique does result in higher page ranks, they get smaller profit margins in return because of the ‘cash up front’ that they have to forego.--- Organic SEO Secret ---The ‘secret’ to organic SEO is in its “natural” approach to increasing inbound links to your website – which means getting visitors to your website, and enticing them to link to your page. In a sense, organic SEO is a two-step process: getting people interested enough in your website to pay a visit; and providing sufficiently interesting content to persuade them to link to your site.Organic SEO also involves finding the right keyword to optimize for. If you are not sure what your key phrases are, there are online tools available to help you. These tools are useful in keyword research which will help you refine your organic SEO approach.--- Get Indexed ---Organic SEO begins with getting indexed by the search
Here we go.
1. Vanuatu
Vanuatu - is a group of islands north of New Caledonia, southeast of the Solomon Islands and west of the Fijian Islands in the South Pacific.
It is a beautiful, peaceful country and has been independent since 1980. If you would like to move there you are required to make a positive contribution to the economy. This means investing US$50,000 in an approved investment and also lodge an immigration bond to pay for your repatriation should you make a nuisance of yourself. You can opt to invest the US$50,000 in real estate, however, you cannot own land there. You instead purchase a 55 year lease that is renewable.
The people of Vanuatu speak Pidgin, English and French. The country is democratic and there is no income tax.
2. The Bahamas
The Bahamas - are a group of many islands south-east of the US and north-west of Cuba in the Caribbean.
This is a democratic, income and company tax free country renowned for its tropical beauty. It is also one of the few countries in the world where you can buy your own tropical island.
If you wish to reside here, permanent and temporary residency permits require the payment of approximately B$1,000 for the head of the family plus B$20 for each family member. Also required if you want permanent residency is an investment of B$250,000 in a registered group investment or B$500,000 in another investment. Temporary permits are valid for 1 year. Tourist visas allow you to stay for up to 8 months of the year.
The only worry I have with the Bahamas is global warming. The country is low lying and if the sea levels rise most of this country may become Atlantis. The official language of this country is English.
3. The Turks and Caicos Islands
The Turks & Caicos Islands - lie south east of the Bahamas.
This country is a dependency of the UK. There is no income or company tax, gift tax, inheritance, property or sales taxes.
Living and residency here is easy. It costs approximately US$2,000 for a permit to work or reside here. Don't even think about looking for a job here, however.
The country is democratic and the official language is English.
4. The Dominican Republic
The Dominican Republic - ( not to be confused with the Commonwealth of Dominica) is one of the poorest countries in the Caribbean. It is located east of Haiti and west of Puerto Rico.
This country is democratic and the official language is Spanish.
All foreign earned income is tax free here and you can live like a king because everything is so cheap.
If you are American, European, Canadian, British or Australian and have an external income your residency is virtually guaranteed. After 2 years you can apply for
Do you know the difference between which prospect you’ll close and which one you’ll lose?How can you tell, midway through a sale, whether you’re on track for success or you’ve lost the deal?How can you tell, in advance, that the sale won't close... ever?All prospect situations seem to be going along successfully until they aren’t. You work hard to find the prospect who has appropriate need and interest. You do your front end due diligence. You promote and pitch the product professionally. You follow the process of objections, time delays, surprises. You even project a time when the sale will close – much to your manager’s dismay. And you hope, hope, that this time all of your hard work will pay off. But it’s a guess.There seems to be no way of knowing which prospect will actually close, and which one will disappear forever into choices you have no control over.OUT OF THE LOOPHow do you end up being wrong so often? Most calculations state that from first prospecting call to close, only approximately 7% of your prospects will make a purchase. If that’s true – or anything close to that number is true – you’re wasting, say, 90% of your time. What’s even worse, you believe that you’re going to be successful until far into your time wastage.I know I personally sometimes either deny signs that a sale might be going south, or arrogantly believe I can save the day somehow.But the reality is, as outsiders, the only data you have is either data your prospect has chosen to share, or from your own best gu
The only worry I have with the Bahamas is global warming. The country is low lying and if the sea levels rise most of this country may become Atlantis. The official language of this country is English.
3. The Turks and Caicos Islands
The Turks & Caicos Islands - lie south east of the Bahamas.
This country is a dependency of the UK. There is no income or company tax, gift tax, inheritance, property or sales taxes.
Living and residency here is easy. It costs approximately US$2,000 for a permit to work or reside here. Don't even think about looking for a job here, however.
The country is democratic and the official language is English.
4. The Dominican Republic
The Dominican Republic - ( not to be confused with the Commonwealth of Dominica) is one of the poorest countries in the Caribbean. It is located east of Haiti and west of Puerto Rico.
This country is democratic and the official language is Spanish.
All foreign earned income is tax free here and you can live like a king because everything is so cheap.
If you are American, European, Canadian, British or Australian and have an external income your residency is virtually guaranteed. After 2 years you can apply for citizenship.
5. St Kitts and Nevis
St Kitts & Nevis - is a small island group in the Caribbean north of Montserrat and west of Antigua & Barbuda.
It is independent, democratic and English speaking.
There is no income tax or tax for offshore companies.
St Kitts & Nevis has a very good economic citizenship program, but it is expensive. This is the Rolls Royce option. It will cost you US$250,000 minimum investment in real estate, US$35,000 government fee for the main applicant, US$15,000 government fee per dependent, US$2,500 due diligence fees per adult and US$15,000 in application fees. This will give you full citizenship and a passport within approximately 3 months. This passport gives visa free travel to many countries as it is a British Commonwealth passport.
6. The Commonwealth of Dominica
The Commonwealth of Dominica - ( not to be confused with the Dominican Republic) is an English speaking, democratic country. It has been independent since 1978. Dominica is located south of Guedeloupe and north of Martinique in the Caribbean.
There are no income taxes or company taxes. Dominica is also a nature lovers dream. Dominica has a very good economic citizenship program. It will cost you US$75,000 government fee for a single applicant or US$100,000 government fee for a family of up to 4 people. Due diligence fees range from US$15,000 plus US$700 per person. This will get you full citizenship and a British Commonwealth passport within 4 months.
7. The Cayman Islands
The Cayman Islands - consists of 3 islands in the Caribbean north west of Jamacia and south of Cuba.
There are no income, inheritence or capital gains taxes.
You can immigrate here if you have a spotless reputation and at least US$150,000. You must be financially independent and not have to depend on the local ecomony for an income.
8. Belize
Belize - is paradise on earth. Belize is democratic, peaceful and there are no taxes. It is English speaking. Belize is located in Central America bordered by Mexico and Guatemala.
Becoming a resident is relatively simple. If you stay for a year you are granted permanent residency. You just need to have your tourist visa renewed every 3 months for a year. You must deposit at least US$2,200 into a local bank. After 5 years as a permanent resident you are eligibile for citizenship.
You can easily live a luxury lifestyle in this country without a lot of money.
9. Costa Rica
Costa Rica - is located in Central America between Nicaragua and Panama. Costa Rica has has its problems over the years but things are improving and it remains a popular retirement destination for many people.
All income earned outside Costa Rica is tax free.
To gain residency you must be able to prove you have an income of more than US$1,000 per month. You just need to have this income exchanged into local currency at a local bank and present the receipts to the Tourisn Institute every 2 years to renew your permit.
This is another country where you can live like royalty with little money. Costa Rica is a Spanish speaking democracy. English is widely understood though.
10. Panama
Panama - is located in Central America between Costa Rica and Columbia. Panams is a well established international financial centre with very attractive residency possibilities.
Panama is a Spanish speaking country where English is well known.
Income earned from outside Panama is tax free. This democracy is a first world country and Panama city could be mistaken for Miami.
Panama has three residency options:
The Panama Investor Immigration Program requires an investment of at least US$100,000 in a new company or business or in any business in the country employing at least 3 Panamanian citizens. The investors must be directors & officers of the company. OR, you can invest US$40,000 in a reforestation project. After 5 years with this residency permit you can apply for Panamanian citizenship and passport.
The Pamana Retiree Residence Program requires you to invest enough money in a term deposit at the Banco Nacional de Panama to generate at least US$750 per month in interest for a minimum of 5 years. You can also receive a non-citizens passport that is good for travel. This program does not lead to citizenship.
The Panama Pensionado Residence Program requires you to prove that you receive a pension of US$500 per month minimum from any government or private source outside of Panama. This program does not lead to citizenship. It does however, entitle you to many discounts country wide.
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