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Securing a second passport in Paraguay offers many benefits, including a favorable tax regime, low cost of living, and access to a stable, growing economy. However, the process involves gaining legal residency, meeting specific criteria over time, and in time, qualifying for citizenship. It is important to note that obtaining Paraguayan citizenship is not easy […]

Comprehensive Guide to ITIN for Non-American LLC Owners

In today’s globalized world, the allure of expanding business ventures across borders has never been stronger. For non-American LLC owners eyeing the opportunities within the United States, establishing a U.S. Limited Liability Company (LLC) can be a strategic move, and in this post we will discuss how to obtain an ITIN for non-american LLC owners. […]

Uruguay Permanent Residency: Pros, Cons, and Requirements

Uruguay is a gem of stability and prosperity in Latin America. If you want residency in a country that promises a vibrant lifestyle and secure future, look no further than Uruguay, often called the Switzerland of South America. Luckily, the country welcomes expats from all around the world, so obtaining a Uruguay permanent residency isn’t […]

A Comprehensive Guide to Foreign Earned Income Exclusion and Foreign Tax Credit for Americans

Understanding the intricacies of foreign-earned income exclusion and foreign tax credit can be a daunting task for Americans living abroad. This guide aims to simplify these concepts and provide a clear path to navigate through the complexities of international taxation as your guide to foreign earned income exclusion and foreign tax credit for Americans. Understanding […]

The 10 Best Tax Haven Countries: A Comprehensive Guide

A few years back, tax haven countries were only sought after by the ultra-rich and famous. This trend has changed in recent years. Nowadays, moderately wealthy families and individuals also search for the best tax haven countries to minimize or evade their tax liabilities with no legal repercussions.  An IMF study shows multinational companies have […]

Exploring The Best Countries Without Taxes

When it comes to global taxation, there’s a wide spectrum of systems and rates. Some countries impose high taxes, while others offer low tax rates to attract foreign investments. However, a small number of countries stand out by not imposing any taxes at all. This article delves into the best countries without taxes, exploring their […]

How to Build a Tax-Free Digital Nomad Lifestyle in 2024

In the ever-growing arena of digital nomadism, achieving a tax-free lifestyle is a goal for many of us. As we step into 2024, navigating the intricacies of international tax regulations is crucial to your business success. As experts on your tax journey here at Work Wealth And Travel, here’s our comprehensive guide on building a […]

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Top PostS

Guide to ITIN for Non-American LLC Owners

Foreign Earned Income Exclusion and Foreign Tax Credit

Taxation Systems Around the World

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