Thinking of Investing Abroad? Think Again (Most countries are doing worse than us)
Posted by admin / Under Overseas Adventure TravelA lot of investors I talk to are so discouraged by the mess the American economy is in that they're looking to put all their money overseas. Doesn't matter where. As long as it's not America. That's a real mistake. It's a form of myopia. Sure we've got problems. But because we all live here, we see those problems up close and personal. What we don't see is that right now everyone has problems. It's just that the problems in other economies seem smaller because they're farther away. So if you invest outside this country -- for no better reason...
Defense Civilians Prepare For Overseas Deployment
Posted by admin / Under Overseas Adventure TravelCAMP ATTERBURY JOINT MANEUVER TRAINING CENTER, EDINBURGH, Ind., Feb. 18, 2010 The Civilian Expeditionary Workforce, introduced in January 2009, is up and running at full speed. A range safety official shows Julia Schoenfeld her results after she fired an M-9 pistol. Schoenfeld is with the Civilian Expeditionary Workforce, which trains and equips Department of Defense civiliansto deploy oversees in support of worldwide military missions. She was among the first CEW students who graduated Feb. 3, 2010. U.S. Army photo by T.D. Jackson (Click photo for screen-resolution image);high-resolution image available. After an intense 10-day course held from Jan. 25 through Feb....
Cramer: Obama Forcing U.S. Investors Overseas
Posted by admin / Under Overseas Adventure TravelCRAMER: OBAMA FORCING US INVESTORS OVERSEASCNBC commentator Jim Cramer says President Obama is picking a fight with the stock market and that investors should turn overseas as a result. We have a president who is kind of turning on the stock market in a populist way, Cramer said on the air. If youre a populist, you think that the stock market is for rich people. I hear that kind of thing in his voice, and it makes me say, Maybe I should now focus on foreign stocks.' Cramer recommends that investors lift foreign stock holdings to 25 percent of their...
Obama vows to cut tax breaks of firms that ship jobs abroad
Posted by admin / Under Overseas Adventure TravelWashington, Jan 28 (IANS) US President Barack Obama has revived the bugaboo of outsourcing by vowing to slash tax breaks to American firms that move jobs abroad and to help those who create employment within the country. 'Job creation would be the country's number-one focus in 2010,' Obama said, pushing for a new jobs bill in his first State of the Union address to a joint session of the Congress Wednesday even as he acknowledged the step would not compensate for the seven million jobs lost over the last two years. 'To encourage ... businesses to stay within our borders,...
US bill aims to crack down on overseas tax cheats (Tax-cheat Charles in charge of cheaters)
Posted by admin / Under Overseas Adventure TravelUS bill aims to crack down on overseas tax cheatsSTEPHEN OHLEMACHER October 27, 2009 By The Associated Press WASHINGTON (AP) Key lawmakers unveiled a bill Tuesday aiming to crack down on wealthy U.S. tax dodgers hiding money overseas. The bill would impose new reporting requirements on foreign financial institutions doing business in the U.S., and on American advisers who help U.S. residents make investments overseas. Foreign firms that don't comply would be hit with a 30 percent withholding tax on income from their U.S. assets. The bill, which would raise an estimated $8.5 billion over the next 10 years,...
American moving to Germany or Austria
Posted by admin / Under Overseas Adventure TravelI am considering some extended travel - basically living in either Germany or Austria.. Any comments about what I should look for? I want a base over there to explore the rest of Europe for a 6-12 month period. Rent an apt or house? As an American, what issues would I have to deal with?
Companies are already moving employees overseas
Posted by admin / Under Overseas Adventure TravelSince obama took over and the whirlwind of pushing and shoving and lies started pouring from D.C., one tends to forget a "crisis" because another "crisis" takes it's place. At least that is what I have found happening to me, and I do think it is very intentional.... olenski's radical instructions gives the map. Here in Texas metro area, we have not seen severe drops in employment which is occurring in several other states. However, I keep running into various people, in the grocery store, or simple business transactions who tell me that THEY ARE BEING SENT OVERSEAS by their...
Addressing Overseas Tax Dodge Questions (Myths about American multinational companies)
Posted by admin / Under Overseas Adventure TravelThe U.S. tax code is "full of corporate loopholes that makes it perfectly legal for companies to avoid paying their fair share." -- President Obama, May 4 ----------------------------------------------------------------------------------------------------------------------------------------- Like it or not, ours is a world of multinational companies. Almost all of America's brand-name firms (Coca-Cola, IBM, Microsoft, Caterpillar) are multinationals, and the process works both ways. In 2006, the U.S. operations of foreign firms employed 5.3 million workers. Fiat's looming takeover of Chrysler reminds us again that much business is transnational. For most people, the multinational company is a troubling concept. Loyalty matters. We like to think that "our...
Obama seeks tax changes for U.S. firms overseas (No more deducting overseas operations expenses)
Posted by admin / Under Overseas Adventure TravelWASHINGTON (Reuters) - President Barack Obama on Monday will propose changing provisions in the tax code that he says encourage U.S. companies to move jobs overseas, as part of a broader package aimed at saving $210 billion over 10 years. Obama will seek to follow through on a campaign promise to change the tax treatment of American firms with overseas operations. That portion of his plan -- opposed by such firms as Pfizer Inc and Oracle Corp -- would raise more than $100 billion in revenue over the next decade. Obama vowed in a February address to the U.S. Congress...



