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Tuesday, April 17, 2012

A Primer for Those Considering Expatriation by Mark Nestmann

Yes, it's a radical step. However, if you're a U.S. citizen, you can make nearly all of the preparations for a possible future expatriation without permanently leaving the United States. This is a four-step process:

  • Phase 1. Relocate your assets from the United States to other jurisdictions, preferably where the assets won't be taxed.
  • Phase 2. Identify foreign countries where you would consider living,
  • Phase 3. Obtain a suitable second passport
  • Phase 4. Expatriate – give up your U.S. citizenship and passport

Or live PT without much in the way of assets, but with an Anywhere Income -

Posted via email from Points of Hype

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