If Europe Goes Down, We Go with It
Looking at Europe, it's not difficult to see what he means. Greece is drowning in one of the biggest debt crises in history. Italian banks ...Read More
Sales Tax on Costa Rica Vacation Rentals: It’s now crystal clear who must pay this tax.
It has been widely argued whether the vacations rentals are subject to the sales tax, in some cases by some Realtors or property managers ...Read More
Does the President Have Too Much Power?
One of the oldest traditions in the American republic is "government by emergency." Over the last 2½ centuries, US citizens have endured ...Read More
Carrying Cash? Be Ready to Lose It.
From a legal standpoint, the money you deposit in a bank no longer belongs to you. Instead, the bank owns it. You are merely just another ...Read More
Christmas Employee’s Bonus – ‘Aguinaldo’ is mandatory in Costa Rica
The aguinaldo is an extra salary, also known as the 13th month, which has to be paid to all the regular employees, regardless of the ...Read More
Think You Live in the Freest Country? Think Again…
In 1883, poet Emma Lazarus wrote these words as part of a sonnet to raise money for the construction of a pedestal for the Statue of ...Read More
4 Totally Legal Reasons to Use An Offshore Structure.
Their reaction was entirely predictable, once again equating "offshore" with "tax evasion," "money laundering," and other criminal ...Read More
What if Negative Interest Rates are the New Normal?
Last year, German savers with more than €100,000 in their bank accounts woke to the news that they now faced a 0.4% annual charge. Central ...Read More
What Would The IRS Do If This Happened To You?
In case you are wondering, this isn't exactly a new problem. Back in 2001, former Department of Defense Secretary Donald Rumsfeld made this ...Read More
The Rising Cost of Saying Goodbye to the US
Whatever you call it, getting on this list makes you an enemy of the state -- in an instant, you are blacklisted.Read More