Jim Sinclair said:
http://www.jsmineset.com/2012/03/22/in-the-news-today-1138/
There is a link on his page to a brochure for his estate which is going up for auction (reserve bid $3.25MM):
http://cdnplus.jsmineset.com/1/
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Jim Sinclair said:Dear CIGAs,
According to Dean Harry Schultz, the way to live your life involves the following:
- Money in one country
- Citizenship in a different country
- Body in another country where neither your citizenship nor money resides.
I have resisted this sage advice from Harry for many years knowing that the day might come when his genius proves true.
That day has come.
Seriously consider this advice.
Respectfully,
Jim
Island_Dweller: Thanks for the info - actually, you guys have kicked me into start doing some more solid research on NZ, so I've already learned that there are no such things like in nearby OZ. Only the pesky black flies, no? . And the other thing that slightly freaks me out, is that direct sun exposure is so dangerous there, that daily it is not recommended to get more than 20mins of it, is that true? I suppose it is because of the ozone layer depletion in the southern hemisphere is so much bigger than in northern? I am just wondering, does it have any negative effect on the livestock, or perhaps plants, long term? (sigh, what we do to this planet...)
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Last year, almost 1,800 people followed Superman's lead, renouncing their U.S. citizenship or handing in their Green Cards. That's a record number since the Internal Revenue Service began publishing a list of those who renounced in 1998. It's also almost eight times more than the number of citizens who renounced in 2008, and more than the total for 2007, 2008 and 2009 combined.
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I moved to Australia in 2005 and gave up my US passport. 3 hours flight from Sydney is the nation of Vanuatu, a tropical paradise with *no* income tax. If I am in Vanuatu for six months and one day per year, then I am a non-resident for Australian tax purposes which means I do not pay Australian income tax. In Vanuatu I get broadband internet, better mobile reception than Sydney, great French bakeries, a wild and friendly and wacky expat community, everyone from a board member of Pfizer to survivalists from Idaho, big fun and a busy social calendar. So it is possible.
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“Renouncing citizenship is an option chosen by increasing numbers of Americans. A record 1,780 gave up their U.S. passports last year compared with 235 in 2008,” Bloomberg reports.
And if you think that’s bad, wait until the much-dreaded Foreign Account Tax Compliance Act (FATCA) takes effect January 1, 2013. Some analysts predict FATCA will boost the number of renounced U.S. citizenships exponentially, especially among Americans living abroad.
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“Under the FATCA legislation, the U.S. will require all of its citizens to report their worldwide assets and earnings to the Internal Revenue Service (IRS), regardless of where they live, how long they have lived there, or whether any money is owed,” Georgina Lavers reports.
“Similarly, foreign financial institutions will also be required to disclose such information of any American clients that they may have,” she adds.
Nigel Green, chief executive of the deVere Group, a financial consulting firm, backs up this claim:But wait! There’s more: According to Green, foreign firms have recently started to turn down American applicants for jobs where signatory authority is required.Over the last six months, we have received a 22 per cent increase in the number of enquiries from American expatriates around the world who tell us that they are considering the drastic step of switching their homeland citizenship to that of their adopted countries.
The majority of these US expats are being prompted to consider this due to the complexity of the reporting process to the IRS, plus the threats of heavy penalties, including for previous, inadvertent non-compliance.
This sense of anxiety is compounded by the fact that a growing number of Americans are being left stranded by their foreign financial institutions as all banks and wealth management firms will also have to declare the assets of their American clients – and this process is perceived as too costly and burdensome, meaning many are refusing to deal with US citizens.
Why? Because those accounts would be subject to the new tax legislation.
“The fact that a growing number of the six million US citizens who happen to live overseas are being refused bank accounts outside America, or that they are being turned away from jobs as that will mean opening up firms’ accounts to U.S. bureaucrats, or because it could very well discourage foreign companies from doing business with American ones, is clear evidence that this legislation has serious, unintended negative consequences,” Green told TheBlaze in an email.
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I’m not far away from East Texas. North Arkansas. And I can shoot out of my back door.I'd still like to stay here.
We've also talked about buying some acreage in east Texas and settling there. I'd like to have a place where I can simply walk out the backdoor and shoot.
Texas requires you to own 50 acres to shoot long guns on your property. There are exceptions, and like most things, they're all over the place depending on exactly where you're at. Incorporated or unincorporated land, the phrase no restrictions doesn't necessarily mean no restrictions, etc.
In fact, I started a thread asking if anyone has set up an indoor shooting range because of those very factors. Just in case I can't find a suitable 50+-acre site.
But with more and more bullsh*t happening here in the States, heading abroad seems more likely each time we discuss things.
My wife has friends in Panama who have invited us to come down. They absolutely love it. They'll show us around and teach us all the tricks they've learned since they've been there. We will probably take that trip sometime this year and check it out.
Belize is on our list, as is Ecuador.
I had a buddy who lived in Cuenca for a while and really liked it. He said there were, obviously, some adjustments that he had to make and wasn't bothered by most of them. But one thing was for sure: the internet service was spotty, and he just couldn't rely on it, so he ended up moving to a small place outside of Guayaquil (Playas, possibly?) and then once more to Montanita. Then, all of a sudden, he just dropped off the face of the earth. I still don't know what happened to him.
One of our old buddies over at GIM and I had an email discussion about Poland going on for quite some time.
I'm embarrassed to admit it; I forget who it was. My memory isn't the greatest.
But if I remember correctly, his wife's parents lived in Wroclaw. The father had passed, and the mother wasn't doing well. He and his wife were going to go over and take over the old home and go from there. Possibly stay there, or eventually sell the house and get an apartment.
I've only been retired for a few months, and my wife retires on Thursday. Once she exhales and shakes off the stench of corporate America, we'll start having serious discussions about where we'll end up.
So, as you can see, we're nowhere near a resolution in this decision-making process. I barely started.
Who knows where we'll end up?
But if these cancerous ideas from out of California start spreading to other states like they almost always seemingly do, heading abroad is more and more likely.
I've been considering it for a long time.
But now that I'm retired, I think it's definitely time to REALLY dig into exactly where to go and become an expat.
That's not the info I got when I looked into possibly moving to Arkansas.I’m not far away from East Texas. North Arkansas. And I can shoot out of my back door.
no permits or inspections either.
Citation? People can’t even drive into the community where I live without permission, totally private.That's not the info I got when I looked into possibly moving to Arkansas.
state gun laws limit target practice to public and private shooting ranges that are authorized by the relevant authorities
One of our old buddies over at GIM and I had an email discussion about Poland going on for quite some time.
I'm embarrassed to admit it; I forget who it was. My memory isn't the greatest.
But if I remember correctly, his wife's parents lived in Wroclaw. The father had passed, and the mother wasn't doing well. He and his wife were going to go over and take over the old home and go from there. Possibly stay there, or eventually sell the house and get an apartment.
In the Ozarks. 10 acres. Looking to buy more. I Guarantee you I can shoot whenever and wherever I want. But yes, you do need tags for hunting animals. But target practice? Give me a break.@Viking If you don't mind me asking...
Where are you at in north Arkansas? And how much acreage do you have?
In the Ozarks. 10 acres. Looking to buy more. I Guarantee you I can shoot whenever and wherever I want. But yes, you do need tags for hunting animals. But target practice? Give me a break.
Here I’m having one of my pagan ceremonies for Odin on my property:
View attachment 11536
Good. You can keep those Jayhawkers from getting further south for me.im in the sw missouri ozarks.......yep shoot out the back door anytime....plenty of acres......creek on property.....saw at least 50 squirrels and counted 25+ deer within easy shooting range within a hr today.....no hunting permits for small game on your own property....no building or zoneing regulations or inspections for construction.....low tax county....land is relatively cheap........minorities are rare.....amish neighbors within horse ride distance....30min to great medical facilities...low cost of living....cows around....mechanics around...etc....4 seasons weather...
.......shhhhhhhh
thats very intresting "killed by Jayhawkers"......the civil war was very intresting in our area with many skirmishes and guerrilla warfare between Ozarkians and Kansas Natives (Quantrill, Jesse James etc)..........i have a couple of marble grave stone bases with the tops broken off on my property but no engraved items ...Here’s a grave stone of a Confederate soldier on my property. I guess I’m a curator of a cemetery…
View attachment 11538
Elijah Matlock (1816-1863) - Find a Grave...
Killed by Jayhawkers. Born about 1816 is Gasconade, Missouri. Married first to Lucy Morris on October 25, 1835 in Crawford, Missouri. She died about 1840. Married second to Elizabeth White about 1840 in Carroll, Arkansas. The 1850 Sugar Loaf census lists him and Elizabeth with the following...www.findagrave.com
I'm - again - thinking about that.Really it all depends on your budget and lifestyle/healthcare requirements. Keep in mind the US is 47th in terms of healthcare so not the best by a long shot. Lots of places in South America are just as good or better.
If you want to be close to the US then Mexico is a good option. Affordable with decent medical. You can also get affordable stem cells there which as you grow older helps keep things from falling apart.
Colombia, Uruguay and Chile are also affordable.
There's always places to avoid just like the US but a little research will tell you where not to go and also the best places to go.
But very awkward.Believe it or not... Russia is a pretty good place to live....
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