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Search: Posts Made By: cw30000
Forum: Off-Topic December 14th, 2011, 03:54 PM
Replies: 338
Views: 76,921
Posted By cw30000
For us US citizen, the 5 years tax holiday does...

For us US citizen, the 5 years tax holiday does nothing for us.

But it is interesting through about Windsor Canada.

I am hoping for HK. My reason is China will be replacing US as the world...
Forum: Off-Topic December 12th, 2011, 09:50 AM
Replies: 338
Views: 76,921
Posted By cw30000
HEROES Act removed 10 years filing requirement...

HEROES Act removed 10 years filing requirement and replaced it with a Mark to Market on all your net asset if you denounce your citizenship or give up on the PR. I think if your net worth is less...
Forum: Off-Topic December 6th, 2011, 06:40 PM
Replies: 338
Views: 76,921
Posted By cw30000
Children is the reason that I have re-think over...

Children is the reason that I have re-think over thing. My search ended up with 2 locations, neither of this would consider a retire locations. The locations are Hong Kong and Singapore.

Both...
Forum: Off-Topic December 3rd, 2011, 05:44 PM
Replies: 338
Views: 76,921
Posted By cw30000
Just wondering for those who is consider...

Just wondering for those who is consider re-locating.

Are you moving with little children?
Forum: Off-Topic October 11th, 2011, 10:02 AM
Replies: 338
Views: 76,921
Posted By cw30000
Blue is correct. Passive income to me is...

Blue is correct.

Passive income to me is rent income.

If you are good and able to build up a sizable account, for example, 100 millions, and no longer able to get a good return with it, then...
Forum: Off-Topic October 7th, 2011, 08:29 AM
Replies: 338
Views: 76,921
Posted By cw30000
I'm sorry, what I meant by PR is permanent...

I'm sorry, what I meant by PR is permanent resident. Not Puerto Rico.
Forum: Off-Topic October 6th, 2011, 04:13 PM
Replies: 338
Views: 76,921
Posted By cw30000
Offshore entities setup will be tax neutral. It...

Offshore entities setup will be tax neutral. It does not increase or decrease your tax. The only exception on some investments such as annuity and life insurance where you can defer the tax.

If...
Forum: Off-Topic October 6th, 2011, 10:56 AM
Replies: 338
Views: 76,921
Posted By cw30000
Vince is correct. One minor correct, it apply to...

Vince is correct. One minor correct, it apply to PR as well. That mean green card holder will be treated as citizen.

When IRS published the rule, they just slip it through and hardly anyone notice...
Forum: Off-Topic October 5th, 2011, 09:43 PM
Replies: 338
Views: 76,921
Posted By cw30000
kronie, none taken. Just because I...

kronie,

none taken.

Just because I don't agreed with what this government is doing, it doesn't mean I don't love the country. If I don't love this country, I would never volunteer to served in...
Forum: Off-Topic October 5th, 2011, 10:02 AM
Replies: 338
Views: 76,921
Posted By cw30000
Most, if not all countries you listed above has...

Most, if not all countries you listed above has this privilege. The only problem is getting the PR.


This is not trule, there are a lot of obstacle from the government (local, state and federal...
Forum: Off-Topic October 4th, 2011, 07:25 PM
Replies: 338
Views: 76,921
Posted By cw30000
This is full of crap. I can tell you that it...

This is full of crap. I can tell you that it doesn't work that work. As a US citizen, you are required by laws to report them. The only way to escape it is to give up control and own less than 10% of...
Forum: Off-Topic October 4th, 2011, 07:19 PM
Replies: 338
Views: 76,921
Posted By cw30000
There is no "exit tax" for us traders. We pay our...

There is no "exit tax" for us traders. We pay our tax every year. Thanks to the HEROES Act, they mark to market all your gain/loss if you denounce your citizenship. Previously was that you will pay...
Showing results 1 to 12 of 12

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