How Our Tax Expert Prepares for April 15th

How Our Tax Expert Prepares for April 15th

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March 30, 2016

When I talk to International Living readers, I usually focus on sharing how you can minimize your U.S. taxes and stay out of trouble with the IRS. But today, I’m going to do something a little different. I'm going to share with you what I do. I live part of the year in Jaco, Costa Rica. When I bought my condo, I kept the owning and renting of this foreign real estate simple: I bought it in my own name. That’s pretty unusual; Jaco is one of the few remaining areas that allow Americans to own beachfront property in their own name. This keeps my U.S. tax reporting of the rental income reportable—just like a U.S. property—and I do not have to make a foreign corporation disclosure.

5 Great Towns in Rural Italy

5 Great Towns in Rural Italy

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March 28, 2016

It’s the country that brought us Leonardo Da Vinci, mouthwatering cuisine from pizza to pasta, enchanting art and culture, world-class fashion capitals, wine, and the very best of it, and perhaps most importantly the concept of la dolce vita (literally translated as “the sweet life”). It’s where you’ll find history-steeped Rome with its well-kept ancient monuments and food culture…Venice with its air of mystery and its famous masquerade balls…and Florence with its art and culture and vineyard-covered surroundings.

Shall We Sunset? The Best Way to Socialize in a Beach Town

Shall We Sunset? The Best Way to Socialize in a Beach Town

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March 22, 2016

Before moving to Tamarindo, on Costa Rica’s northern Pacific coast, my husband and I lived in Chicago. We were accustomed to brunch as the key to socializing with friends. If you set a weekly date with someone or made plans to catch up with an old friend, oftentimes you would do it over a weekend brunch. We had to re-learn some of the “rules” to socializing when we moved to our little beach town. When we began to meet people, it struck us as odd that the common invite for social gatherings was to go and watch the sunset together…but we quickly learned why.

This Ecuador Beach Town Has Everything For a Happier Life Overseas

This Ecuador Beach Town Has Everything For a Happier Life Overseas

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March 18, 2016

As an airline employee, Brian Yates traveled to many places during his career. It wasn’t until he hit retirement age, however, that he considered living abroad. After visiting South America three years ago, he realized Ecuador had everything he was looking for—low cost of living, amazing coastal lifestyle, affordable healthcare, political stability,..

You Can’t Prop Up the Economy with a Selfie Stick

You Can’t Prop Up the Economy with a Selfie Stick

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March 15, 2016

Apparently, we can’t seem to get enough of “stuff”. Each and every year, Americans empty their bank accounts in earnest pursuit of ever more doo-dads and knick-knacks. About $12.7 trillion worth per annum, to be exact. As far as we can tell, it doesn’t even have to be the “right stuff.” Goldfish walkers…pet rocks…selfie sticks… It seems any old stuff will do. As long as it’s on sale, available for purchase on credit and within an arm’s (or a click’s) reach.

“Retirement in Costa Rica is Better Than We Imagined”

“Retirement in Costa Rica is Better Than We Imagined”

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March 14, 2016

“I love that our life is so different than I ever thought it would be,” says Pokey Sherman, 65. “I grew up in Pittsburgh. And my parents retired to Florida. I thought, ‘Is that all there is?’ I think the idea of retirement should be to change your lifestyle.” “It’s a real joy to wake up and come out here and realize what we’ve done,” she adds, referring to their fifth-floor balcony. Their condo is set on a hill overlooking a low-key beach town, verdant forest, the glittering Pacific, surfer-filled waves, and river to the north.

5 Low-Cost Countries Where You Can Live on $1,500 a Month or Less

5 Low-Cost Countries Where You Can Live on $1,500 a Month or Less

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February 24, 2016

By choosing to retire in one of the world’s best bang-for-your-buck destinations, Rob enjoys a lifestyle well beyond his reach if he had stayed in the U.S. Every day he can choose to relax on the beaches around his home in the town of Sihanoukville, on the Cambodian coast, dine on fresh French croissants…rent a sailboat or go fishing on an offshore charter…

Living in Stress-Free Belize on 66% Less Than in the U.S.

Living in Stress-Free Belize on 66% Less Than in the U.S.

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February 19, 2016

If you drop by Dan and Mary Elizabeth Crofts home in Corozal, Belize, you might find Dan indulging in one of his favorite new pastimes…feeding the local iguanas. Mary Elizabeth explains, “We have a family of three that we have named: Greta, Gary, and their son, Genghis. They love bananas and we have a video of Dan feeding them”.