Incredible! Can't touch that in AZ for 800k...
Dual Citizenship
- Thread starter ShoeshineBoy
- Start date
Incredible! Can't touch that in AZ for 800k...
Go to Texas.......dime a dozen for $250-350k or less, easily. Real estate boom??? Not in Texas......really sad, we're down 1-5% in most places over the last 5 years.
We've got more nice stucco places than you can shake a stick at.
No state income tax to boot, but property taxes run 2-3% per year, at market value
.I am hungarian and US dual citizen,
trust me a hungarian woman will give you the fig.....
...and NO you can't marry me
trust me a hungarian woman will give you the fig.....
...and NO you can't marry me
How do you know he does not have a "successful trading methodology"???
Don't you just hate patronizing posts?
Thx. I actually have been profitable for over a year.
I asked because I have a foreign wife and was trying to find any insights...
interesting thread.
note this provision:
Who Must File this Report Each Unites States person, who has a financial interest in or signature authority, or other authority over any financial accounts, including bank, securities, or other types of financial accounts in a foreign country if the aggregate value of these financial accounts exceeds $10,000 at any time during the calendar year, must report that relationship each calendar year by filing TD F 90-22.1 with the Department of the Treasury on or before June 30, of the succeeding year.
http://www.irs.gov/pub/irs-pdf/f9022-1.pdf
That is interesting and I'm not surprised in the least. But what I'm wondering is if you have dual citizenship, how is it decided which country you pay taxes in? Does it just depend on the tax treaty as one poster suggested?
Then why are so many corps going offshore? I don't doubt what you're saying, but isn't that exactly what they're doing legitimately is incorporating overseas and first transferring their funds? Why is it okay for them and not the little guy?