As a financial advisor, one of the biggest problems I see with foreigners living abroad is financial planning since you don’t have the NSA, 401(k)’s, or Superannuation’s to help you out – you’re all on your own with little or no help from the Philippines or your motherland. For those retired, semi-retired, or thinking about retiring in paradise, here are some helpful hints to … [Read more...]
How to Live in the Philippines with No Money
'How to live in the Philippines with no money' might seem like a ridiculous title for an article, but it's something that people are searching for on Google almost every day. From time to time, I take a look at the statistics for this site and like to see how people are finding us. Most of the search terms are pretty obvious and are not too surprising, but when I see … [Read more...]
Keep the IRS off Your Back! Advice for Americans Abroad
FATCA, FBAR, PFIC… this alphabet soup of tax/financial related acronyms can certainly send chills down the spines of Americans living abroad. And it should – the US is the only country on the planet (besides Eritrea) that taxes its citizens worldwide, and non-compliance can result in hefty penalties. Luckily, by understanding a few simple guidelines, you can better protect your … [Read more...]