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Live And Invest Overseas #4: Where would you have gone and why before the COVID-19 outbreak?

Live And Invest Overseas Podcast

English - June 29, 2020 22:00 - 18 minutes - 12.5 MB
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Fourth podcast episode by Kathleen Peddicord and Lief Simon – Live And Invest Overseas Podcast

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Here are the question addressed in today's episode:

From Fred Fri (in the Clubhouse):

Wondering whether some of you have experience/preferences/recommendations for offshore company incorporations?

Any preferred jurisdiction? Thank you!

From Jesse Snow (in the Clubhouse):

I want to file the Form 2555 (Foreign Earned Income Exclusion) because I found out that since I make less than $105,000 per year I am eligible. However, on TurboTax it says I have to upgrade and pay $60 to use that form.

Do you know of a tax filing software that allows you to file for free and use the Form 2555? 

Thank you!

From Laurie L.:

Great audio/video quality for your first podcasts, and the format I think is a hit, as well. I forecast you will have over 100k subscribers by the end of this year. Well done, Kathleen and Lief!

Now my question: If you had a time machine and could go back to January before the coronavirus broke out globally, where would you have gone and why?

From Lorraine Lombardo:

Do you know if any good buys coming up in Italy?

From Lawrence Keen:

Thank you for the most interesting information about retiring overseas. Regretfully, I am 20 years late in making such a decision, as I have been retired for just about that long. And now, with grandchildren grown, out of college, and on to new lives and the prospects of great grandchildren, my wife is in no way interested in moving anywhere.

It is important to note that at the end of my career, we spent time in Japan, which was very enjoyable, a year and a half in Venezuela, which, before its problems, was quite enjoyable, and a half year in Trinidad, which was quite an experience. So I have always been interested in residing some place where I could relax on a beach while continuing to write short stories, poetry, and other drivel that I hope will one day be read by persons other than me.
But, now that I am over 80, I don't see myself playing out my life in a tropical land, when I have let that opportunity pass me by. Maybe it's too bad, but it is the fact, I am afraid.

From David Rosenberg:

Would you recommend buying pre-construction property in Panama without visiting there?
Also, if the idea is to buy an apartment and agro investment in Panama, would you suggest to form a company for holding these investments?

Your reply is much appreciated.