At Expensivity, as our name implies, we’re concerned with the gravity of how expensive things are. This isn’t just at the top end of the scale, but at the bottom end too. One of the most grievously expensive monstrosities at the bottom end of the financial scale is the “payday loan.” It is the province […]
12 min read
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Extending from western Europe into the Caucasus, countries as diverse as Switzerland and the Republic of Georgia host a variety of tax havens. These countries provide a refuge from income taxes, capital gains taxes, and corporate taxes. In consequence, they have attracted a variety of tax refugees, including large companies and private investors, seeking to […]
24 min read
Tax havens are jurisdictions around the world where the tax laws are lenient or non-existent. The oldest tax havens in the contemporary world are places like Switzerland, Liechtenstein, and Panama, which have each had this status for about a hundred years. GAO: International Taxation and Tax Havens OECD: List of Uncooperative Tax Havens Let’s get […]
8 min read
Index funds offer non-investors the opportunity to put money into the stock market with a lower level of risk over time. They’re affordable and stable while providing a return on investment that’s higher than a certificate of deposit (CD) or savings account. An index fund does the stock diversification for you and prevents you from being […]
6 min read
The FIRE movement means Financial Independence, Early Retirement. The goal of the FIRE movement is to allow younger individuals to retire early with financial freedom by cutting expenses, saving money, and investing wisely. This movement has been around since the early 2010s. It has been embraced by many people today who want to harness all […]
12 min read
Many Caribbean nations are pure tax havens that offer tax security to business owners and investors because of their financial privacy laws, non-existent income taxes, and non-existent corporate taxes. These nations became tax havens to attract foreign investment, bolster their own economies, and reduce their dependence on foreign nations, though their effectiveness has been curtailed […]
10 min read
The idea of living tax-free is exhilarating! You may live somewhere with a high tax rate. Or be looking to have zero income tax. You may look at your income tax return and wonder if there are any tax free countries. Find out more about no tax countries. [NOTE: This article is a chapter in […]
20 min read
Scrutiny of offshore banking accounts and financial activities has increased and a variety of national and international organizations are applying pressure to establish treaties and exchange agreements that would eliminate the tax advantages that tax havens provide. Many countries are not happy about the existence of tax havens that lower the amount of money they […]
7 min read
Offshore accounts: they’re not just a tax reduction strategy for the rich. They can be useful for anyone concerned about their financial future. Rich or not so rich, then, let’s explore some of the possibilities and complications of moving money offshore. [NOTE: This article is a chapter in ourComprehensive Guide to Tax Havens.] The complexity […]
18 min read
There’s something so rewarding about owning your own business, but it can be hard to start and can take a toll on you financially. The good news is that small business loans are available to help you get started and to help grow your business. The extra funds can help you hire new people or […]
6 min read
