Paraguay has become a popular destination for individuals seeking a second residency due to its low cost of living, favorable tax laws, and straightforward residency process. At Work Wealth and Travel, we have a dedicated team of lawyer in Paraguay who assist with every step of the residency process, including obtaining a tax ID, opening […]
When it comes to business banking, you might be all too familiar with hidden fees, endless paperwork, and subpar customer service. Well, you’re not alone. Millions of businesses are ditching traditional banks for something sleeker, faster, and smarter: fintech banks. In 2021 alone, global investment in fintech skyrocketed to $131.5 billion. That’s 21% of all […]
Are you considering a move to an EU country with attractive residency and citizenship options? Malta could be the perfect destination for you. In this guide, we will walk you through Malta’s residency and citizenship programs, outlining the eligibility criteria, benefits, costs, and much more. Whether you are looking for permanent residency or aiming for […]
As a global citizen, the importance of diversifying your financial portfolio can’t be overstated. One key aspect of this diversification strategy is opening non-resident bank accounts in different countries. Latin America, with its growing financial opportunities, offers attractive options for non-residents looking to expand their banking horizons. In this article, we will dive into the […]
Why do people leave their home countries to move abroad? One of the main reasons for global migration is for better lifestyle opportunities, but a variety of other reasons come into play, like acquiring additional permanent residencies or citizenships. No matter the intent, relocation is always a big step. However, the expat experience can be […]
When it comes to legal status in a country, two terms often come up: citizenship and residency. These two concepts, while related, are distinct in their rights, responsibilities, and processes. This comprehensive guide will help you understand the key differences between citizenship and residency. Defining Citizenship and Residency Before discussing the differences, it’s important to […]
Are you a German entrepreneur looking to get the most out of your business? Have you considered the potential benefits of establishing a US Limited Liability Company (LLC) for Germans? In this article, we will explore how a US LLC can provide German business owners with a range of advantages, from enhanced legal protections and […]
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Foreign Earned Income Exclusion and Foreign Tax Credit
Taxation Systems Around the World
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