Is your wealth keeping up with inflation, especially with interest rates below zero? This is a continuing series aimed to provide you with some thoughts, ideas and strategies when considering and planning for your financial future. In the second part of this original series about “How to Create a Great Financial Plan for your life” […]
This tax applies to the total value of financial assets or investments held by Italian residents, in countries outside Italy. This is not to be confused with the IVIE or property value tax (0.76% on the value of any property you hold abroad). The 2014 Stability law increased the tax on foreign financial assets (IVAFE) […]
As the U.S. asset disclosure rules on foreign banks are now becoming effective, it’s interesting to note the number of US citizens giving up (and considering to give up) U.S. citizenship. The U.S. government provides quarterly numbers of the number of people renouncing citizenship of the U.S. – however many say those numbers are underestimates. […]
