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 Panama's expat culture difficult to explain

Links Panama’s expat culture is a difficult thing to explain. There are tens of thousands of foreigners living in Panama for various reasons. Multi-national companies have recruited business people, there are young entrepreneurs and retired folks all living in Panama. The expat scene varies depending on what part of the country you live in. Panama City is not unlike any other large metropolis as far as having a social life goes. Most expats are concentrated in the city so there are many groups and activities geared towards expats...

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Posted by Jamie Friday, September 05, 2008 (11:02:36)

 Expat Kiwi forum targets thousands of extra voters

News A global network tapped into 25,000 affluent and well-educated New Zealanders overseas says there are another half-million expatriates offshore who could vote in this year's election. The Kiwi Expat Association (Kea) – funded with a $250,000 Government grant in 2006 – helps businesses tap into New Zealand's global talent pool and extend international connections. It has members in 178 countries...

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Posted by Jamie Thursday, September 04, 2008 (13:51:40)

 Message to U.S. Expatriates: Pay Up

Financial issues On June 17, President Bush signed into law a $1.2 billion military tax relief package, which includes an Exit Tax on U.S. citizens and long-term green card holders who expatriate from the United States. The Exit Tax is part of the Heroes Earnings Assistance and Relief Tax Act (HEART) of 2008. An American citizen or a lawful permanent resident giving up the citizenship or green card is now subject to a tax. The United States is probably the only country on the planet that taxes citizens on their worldwide income, no matter where those citizens happen to live...

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Posted by Jamie Wednesday, September 03, 2008 (12:39:11)

 Darling comments hit expat pensions

Financial issues Comments by UK Chancellor Alistair Darling that Britain faces its worst economic crisis in 60 years have plunged the pound to a record low against the euro. Sterling is currently worth 1.23 euros per pound having hit 1.2289 - a level not seen since the creation of the currency in 1999. The impact will further stretch the finances of pensioners living abroad and those who rely on income from the UK...

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Posted by Jamie Tuesday, September 02, 2008 (11:27:07)

 The expatriate manager now a declining species

Links Executive expatriates are expensive, as many multinational firms have learned. Moving a manager to a factory or corporate office in Dubai, Russia, or India can be a costly experience after providing relocation dollars, tax equalisation, and housing allowances. For that reason and others, Western and non-Western companies competing in emerging markets are dramatically reducing the number of Western executives they retain on full-fledged expatriate packages...

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Posted by Jamie Monday, September 01, 2008 (09:06:03)

 
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