FATCA Must Be ‘Killed” by This GOP Congress

FATCA Must Be ‘Killed” by This GOP Congress






FATCA Must Be ‘Killed” by This GOP Congress The Foreign Account Tax Compliance Act (FATCA) imposed a worldwide financial disclosure information regime on every financial institution in the world, it is an international nightmare. There are several major problems with FATCA which are widely discussed and debated. FATCA was passed into law in Y 2010 […]






Thailand’s “Elite Ultimate Privilege” Residency Program

Thailand’s “Elite Ultimate Privilege” Residency Program






Thailand’s “Elite Ultimate Privilege” Residency Program The Thai government has started offering “elite” residency visas for wealthy foreign citizens, allowing them to live in the country for around $3,000 (£2,403) a year, aimed at capitalizing on increased global uncertainty over borders and immigration. There are 7 different packages, with the most expensive being the “Elite […]






Prominent US Lawmakers Urge President Trump to Repeal FATCA

Prominent US Lawmakers Urge President Trump to Repeal FATCA






Prominent US Lawmakers Urge President Trump to Repeal FATCA Rep. Mark Meadows and Sen. Rand Paul have sent a letter to Treasury Secretary Steven Mnuchin and OMB Director Mick Mulvaney urging President Trump take action to “mitigate the ongoing damage” caused by the Foreign Account Tax Compliance Act (FATCA) and quickly repeal the law. FATCA […]






Americans Renouncing Citizenship in Record Numbers

Americans Renouncing Citizenship in Record Numbers






Americans Renouncing Citizenship in Record Numbers A record 5,409 Americans renounced their citizenship last year, including 2,364 in the 4th Quarter,  primarily because of the nation’s tax system, Fortune magazine reported Monday The spike is more than 26% increase from the 4,279 who handed in their passports in Y 2015, federal records show. According to […]






Americans Are Renouncing Citizenship Over FATCA Tax Law, Not Donald Trump

Americans Are Renouncing Citizenship Over FATCA Tax Law, Not Donald Trump






Americans Are Renouncing Citizenship Over FATCA Tax Law, Not Donald Trump The number of individuals who renounced their US citizenship for Q-3 of Y 2016 was the 2nd-highest in history at 1,380, US Treasury Department reported. The Foreign Account Tax Compliance Act (FATCA), which enacted in Y 2010, and took years to implement, is “having […]






Longer Visas for Dubai Property Investors Will Boost Market

Longer Visas for Dubai Property Investors Will Boost Market






Longer Visas for Dubai Property Investors Will Boost Market Issuing such visas will encourage a retirement market in Dubai Dubai’s real estate market could receive a boost from long-term investors if they are provided with longer-stay visas, experts say. Currently, the regulations for property visas in the UAE are rigorous and investors need to meet […]






Donald Trump, “We are Going to Enforce our Laws on Immigration”

Donald Trump, “We are Going to Enforce our Laws on Immigration”






Donald Trump, “We are Going to Enforce our Laws on Immigration” Donald Trump said Wednesday he will be willing to work with those who have followed US laws while living in the country. His comments came signaled a softening in his immigration position to bolster support among moderate voters and minority groups, and will outline his […]






Melania Trump Obtained a Proper Work Visa Modeling in the US

Melania Trump Obtained a Proper Work Visa Modeling in the US






Melania Trump Obtained a Proper Work Visa Modeling in the US Melania Trump’s former modeling agent said Thursday that she obtained a work Visa before she modeled professionally in the United States in the mid-1990’s. His comments came in response to the media’s questions about possible violations of US immigration rules. In an interview, Mrs. […]