The Expat Money Show - With Mikkel Thorup cover image

The Expat Money Show - With Mikkel Thorup

310: Expat News: Why The Wealthy Are Leaving The US, Dominica Revokes Passports & 90% Income Tax Coming To France?

Aug 7, 2024
43:17
Why are the wealthy leaving the U.S. in droves? Why did the country of Dominica revoke 68 passports from its’ CBI program? Are Russia and China preparing for a World War 3 scenario? Is there really a serious proposal for a 90% income tax in France? I’ll answer these questions and more as we dive into the headlines in today’s expat news segment, the fourth edition of this segment I’ve done on the show. These episodes not only help you stay informed, but they also ensure that I stay up to date on all of the latest news affecting expats around the globe, so it’s a win-win! Enjoy today’s episode!  

TODAY’S EDITION OF EXPAT NEWS:

  • Learn why the Caribbean country of Dominica is revoking 68 passports from its citizenship by investment program.
  • Hear more World War 3 rumbles continue as Russia and China participate in a joint military patrol near Alaska. 
  • Is a French politician seriously proposing a 90% income tax in France? The answer may, sadly, not even shock you anymore.
  • Find out about the lawsuits that have led to quietly reopening its Golden Visa program to Russians.
  • Discover the details of the Philippines’ new fast-track permanent residency program.
  • More anti-capitalist madness coming out of Spain, you say? You better believe it, as the city of Barcelona is looking to ban short-term rentals. You read that right.
  • Will the U.S. heed Vladimir Putin’s warning of a new Cold War if they proceed with plans to move missiles into Germany? Don’t hold your breath.
  • Uncover the major announcement coming out of Paraguay, which puts this country on the upswing and into a select group of the most serious economies in the world.
  • Lastly, we’ll look at the increasing trend of wealthy Americans continuing to flee the United States for greener pastures.

 

LET ME KNOW WHAT YOU THINK!

How are you enjoying these “Expat News” segments? Visit the Expat Money Forum, join our community, and let me know your thoughts!  

SIGN UP FOR OUR NEWSLETTER

You would have already heard about many of these new items if you had been subscribed to our newsletter. Not only will you receive the EMS Pulse newsletter and the weekly Expat Sunday Times, but sign up now, and you’ll also receive my FREE special report, “Plan B Residencies and Instant Citizenships.”  

RELATED EPISODES


 

CONCLUSION

I hope you enjoyed this fourth edition of Expat News. There’s no doubt that just about everywhere you look around the world, politicians are doing their darndest to steal your money, scare off the wealthy, and make your lives a living hell. Luckily, there are solutions out there, and expat life offers shelter from the depraved plans of corrupt politicians. If you’re enjoying these expat news episodes, be sure to let us know and I’ll see you back here next Wednesday!

Mentioned in this episode:

Join Us For Upcoming Live Webinars

Every month, we offer exciting new webinars for our community. Topics include how to use retirement accounts to buy real estate overseas, how to get a second passport in Latin America, why you should sell your stock portfolio and move your money offshore, how to buy a beachfront rental property in Brazil for less than $100k, or apartments in Paraguay for $60k. If you want to join us for FREE for these presentations with live Q&A, insider secrets, and exclusive opportunities with my professional network of experts, then sign up today.

Webinars - Expat Money

Join Me In Panama For Our Next Tour

I have great news. After many meetings and explanations, the Panamanian government has agreed to keep the Investors Visa at a $300k Real Estate investment instead of nearly doubling the amount required, as they said they would. This is a massive win for our community who wants to move to or invest in Panama, but I am not sure how long this will last… If you have been thinking about Panama, then I want to make an invitation to you today. Come join me for a special four-day tour to see if the country I call home is right for you and your family. We have just released the next set of trip dates. You can find out more at ExpatMoney.com/fly. Come visit me and the Expat Money team, get a feel for the country and see if Panama makes sense for investment or as a new home.

Panama Fly'n Buy Real Estate Tour

Join Us For Upcoming Live Webinars

Every month, we offer exciting new webinars for our community. Topics include how to use retirement accounts to buy real estate overseas, how to get a second passport in Latin America, why you should sell your stock portfolio and move your money offshore, how to buy a beachfront rental property in Brazil for less than $100k, or apartments in Paraguay for $60k. If you want to join us for FREE for these presentations with live Q&A, insider secrets, and exclusive opportunities with my professional network of experts, then sign up today.

Webinars - Expat Money

Our Hub Membership Is Open!

For a limited time, we have opened our Hub Membership to the world! To find out more information, learn more at https://ExpatMoney.com/go

Join The Hub - Our Paid Members Only Community

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner