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

The Expat Money Show - With Mikkel Thorup

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.

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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:

Veritas Panama - Offgrid Community

After 17 months of bureaucracy, my partners and I successfully got our permits for Veritas Panama! This is the fully off-grid community we are building in the highlands of Panama. We have already started building the roads, subdividing the lots, installing the septic and water, and even installing solar panels, so everything is independent of the power grid! The site we chose is unbelievable; we are up at a flat plateau about a thousand feet up a mountain with incredible unobstructed views of the Pacific Ocean. To go to the beach, it is just 15 minutes down to the water. We have mature fruit trees on site, including these gorgeous 200-year-old mango trees and many other things, such as avocado trees, papayas, and delicious tropical fruits. You can find out more information and contact us at VeritasPanama.com But please be aware that there are only 100 home sites, and without even talking about this to the general public, a lot of the lots are already sold… So if you dream of living in a completely off-grid community, enjoying the beautiful weather, close to the beach, being food, water, and energy independent, and want to have like-minded and cool neighbours, people who respect personal, medical, and economic freedoms, then I want you to contact us at VeritasPanama.com today

Veritas Panama

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