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  1. K

    Panama Company Tax for Foreign Owners Explained

    Panama company tax is based on a territorial tax system, meaning only income earned within Panama is subject to taxation. The corporate tax rate for Panama-sourced income is 25%, and businesses must also pay an annual franchise tax of 300 US dollars (USD) to maintain good standing. Panama does...
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    Israeli Expat Investment Options: A Guide

    What are the best investment options for Israeli expats? For Israeli expatriates, investment options can include offshore accounts, international funds, property in your host country, and retaining certain Israeli assets like pensions or tax-advantaged savings plans. Because Israel taxes...
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    Ukrainian Expat Investment Options: A Guide

    What are the best investment options for Ukrainian expats? Available Ukrainian expat investment options include holding offshore accounts in stable jurisdictions, buying property in your host country, and investing in global index funds. Participation in Ukraine’s recovery-related...
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    Hungarian Expat Investment Options: A Guide

    What are the best investment options for Hungarian expats? Hungarian expat investment options include local inflation-linked government bonds, Budapest real estate, blue-chip equities via UCITS funds, and euro- or multi-currency portfolios held through EU-regulated brokers. Many expats also...
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    Russian Expat Investment Options: A Guide

    What are the best investment options for Russian expats? Russian expat investment options include offshore accounts in jurisdictions that still welcome Russian clients, multi-currency portfolios through approved international brokers, property in your country of residence, and commodities or...
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    Preferential Tax Regimes for Expats and Global Investors

    Many countries offer preferential tax regimes to attract foreign investment, wealthy individuals, and skilled professionals. These regimes provide reduced tax rates or exemptions for certain types of income, such as pensions, foreign dividends, or passive investment earnings. For globally...
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    Is Panama a Safe Tax Haven: Benefits and Risks Explained

    Panama operates under a territorial tax system, taxing only income earned within its borders—a major benefit for investors seeking to protect foreign income. Many ask given its privacy-friendly banking and favorable residency programs: Is Panama a safe tax haven? However, using Panama as a tax...
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    Career Soft Skills For 50 Years Old

    Let’s admit it, looking for a new career when you are 50 or over is a challenge. If you think it’s that easy as in your 20s or 30s, brace yourself for failure. It’s not. Far from it. You need to have as many soft skills for 50 years old as possible. Remember, you’re competing against a bunch of...
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    The Art of Finding Time for Side Hustles

    The world being pandemic stricken has had one positive outcome out of all the doom, people began to introspect upon their times and how they spent it. As modes of operation turned remote, the commute time was reduced or, simply vanished, and people found themselves with more of what could be...
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    101 Ways to Beat Procrastination and Increase Productivity

    As easily as the Cambridge dictionary defines procrastination as “the act of delaying something that must be done, often because it is unpleasant or boring”, I bet one who deals with it would agree that it is definitely not that easy to handle. If you can quite start to feel a lump in your...
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    51 New Year Goal Ideas For 2023

    We all have had our bittersweet relationship with new year’s goals. It has often been sought as a way of reflecting upon life choices of the passing year and dwelling on targets to achieve the year ahead. But as a rule of thumb, intentions to make resolutions never actually materialize. To...
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    20 Home Office Decoration Ideas

    I cannot emphasize enough the fact that how a dedicated workspace while working at home has an effect on your productivity and overall mood. While it tunes out distractions of a functioning home with members going about their day, keeping it decorated to match your vibe can inspire creativity...
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    10 High-Paying Jobs In America That Don’t Require College Degrees

    Most of us grew up with the notion that obtaining a college degree is necessary in order to land a high-paying job and achieve financial success. Yet this isn’t the situation at all. The average salary in 2023 for college graduates is $55,260, according to a National Association of Colleges and...
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    How to Make your Study More Effective

    For most students, it’s challenging to stay on top of schoolwork. It can be tricky to balance college, coursework, making an extra income, your personal life, and other responsibilities. So if you’re creeping towards burnout, you might be searching for ways to study better. These practical...
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    5 Surprising Ways To Improve Your Life With ChatGPT

    This year, we’ve seen the rise of a phenomenal tool that has sent shockwaves through the world of AI – ChatGPT. Attracting over 100 million users in a matter of just a few months, it’s reached a point where you must have been living under a rock not to have given this cutting-edge tool a try...
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    How to Organize Yourself When You Enter the Workforce

    Starting on your career path is an exciting time for anyone, but it also comes with several challenges. Many people don’t realize that it takes more than just technical abilities to navigate the challenges of the workforce – a solid foundation in soft skills and other knowledge is necessary as...
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    Convert PDFs to Word to Manage Your Personal Finance Documents

    Managing one’s personal finance documents can be daunting – especially considering the number and variety of file formats. One of the best methods is converting PDFs into editable documents like Word, which will help minimize wasted time in managing finances and assist in editing the documents...
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    How to Rent Your Space with Airbnb (even when you don’t think you have extra)

    Over Christmas break, we took a short trip to the coast to go to the Monterey Bay Aquarium (we got ourselves a family membership for Christmas). I found a great 3 bedroom home on Airbnb to stay in while we were there. It was nice to have the comforts of home (like a kitchen, washer and dryer...
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    Get Paid to Teach English from Home with VIPKID

    This post contains affiliate links along with my honest, genuine thoughts and experience. I recently found the perfect work-from-home opportunity for someone like me. I only wish I had found it a decade ago. If you’re a stay-at-home parent, a graduate student, or someone looking to make...
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    How to Increase Your Income to Pay Off Debt

    I get lots of emails from many of you who are just starting on your journey to pay off debt. Your stories and situations are often similar to ours. You are excited to find another family who started with big debt. You are encouraged that we were able to pay off our debt while I stayed home...
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