Articles

The Economic Rodeo

Just as there is a technique to avoid being thrown from a bucking bronco, there is a right way to survive the continuing wild ride in the economy. Get a good grip, remain flexible and, as much as possible, go with the flow. Jeff Thomas explains.

Does America Have an Out-of-Control Legal System?

When did America cease to be the model of justice to the world and a paradigm for institutionalized corruption? Dale Sinner discusses the state of the US legal system and what seems to be a continuing trend towards something quite different than what the Founding Fathers would have intended.

Guilty Til Proven Innocent

A recent Asset Diversification thread at the IM Forum addresses the choices and difficulties involved in sending funds overseas from the US. In today's piece, Linda Card explores some of the possible legal ramifications of such transactions. As she reveals, we may not be fully aware of the costs of our innocent actions.

Perspectives from the RV’ing PT

No matter how you do it, living the PT life means a lot of travel. That usually means planes, trains, automobiles or a combination of the three. Or, you could try something a little different - RVing.

War

Economic hardship begets anger, and anger begets riots. And war. Why? And what can we do about it? Jeff Thomas examines some causes of riots and war before turning his attention to an unconventional insurance policy worth considering.

What’s Your Internationalization “Trigger Point”?

Remember 1984? The book, not the year. In it, the government is all-knowing, or at least all-watching. Could present day nations be turning into this kind of authoritarian (dare we say "totalitarian"?) Orwellian nightmare? New laws in several countries seem to be tossing out many rights that citizens have long considered their due. Today, Dale Sinner considers some of these new laws and what that means to these rights - and what we can do about the whole situation.

4 International Markets to Consider

As International Man readers know, there is great merit in diversifying one's assets and even one's self abroad. However, the same principle holds true for businesses. By internationalizing your business, you unlock tremendous opportunities that are simply not available in your local market. The question then becomes... Where to go?

Australia on your Pat Malone?

Four blokes in Woolloomooloo head down the frog and toad for a pig's ear. One offers to get the first shout and heads to the bar. The night feels promising: the music is pumping, the bar is chocka, and, while going for an optic, he spots some talent to approach. He starts chatting up a spunk and feeling good about his prospects, until one of his mates - a larrikin who has tickets on himself - interrupts to cut his lunch. Our hero is not one to quietly cop a blow to his pride, and the evening disintegrates into a blue... Fortunately, we all speak English, so this vignette from an inner-Eastern suburb of Sydney is easy to understand. Wait, it's not? In that case, read on for an International Man tongue-in-cheek primer on Australian slanguage.

Coping with Culture Shock

The concept of Culture Shock is nothing new. We've all heard the term, and perhaps even experienced its symptoms. No doubt, for hundreds of years humans have been subject to the phenomenon as they explored the globe and encountered new peoples. Imagine how Alexander the Great felt upon reaching India, Marco Polo's reaction when he arrived in China, or Sir Walter Raleigh's experience with the Native Americans when he disembarked at what is now North Carolina.

Why The End of Uruguayan-Argentinian Bank Secrecy is Good News for Expats

Today we feature a good news, bad news kind of story. On April 23, Uruguay agreed to formally end bank secrecy with respect to Argentine tax investigations. For those Argentinians used to storing (often undeclared) capital in Uruguayan banks, that's not welcome news. Not much better for Uruguay either - all the foreign capital that will flee to other, more private jurisdictions is virtually guaranteed to negatively affect the local economy. However, it could be great news for expats looking to spend time in Uruguay.

Living Abroad with Kids in Tow

If you've been following International Man for some time, you know that we advise internationalization on all fronts - assets, income and person. While it can be relatively easy to move some assets abroad (although, less so by the day for Americans), it is understandably more difficult to move one's self abroad. And even more so to move one's family. Today we chat with an entrepreneur who left America for Costa Rica in 2009, and did so with his wife and kids in tow.

The Perils and Profits of Emerging Markets Investing

For decades, Karim has been at the forefront of emerging and frontier market opportunities and last month, he released a book in which he reviewed 15 such markets, including a few not familiar to most Western investors. In this guest article, he briefly analyses the emerging markets everyone already knows about but also two others that if aren't yet on your radar, are highly worth considering.

All This Fuss About A Fiat Dollar

Shortly after the founding of the United States, the Constitution made it clear that the government was not to be in the business of printing paper currency. What gave the Founding Fathers the keen insight to incorporate such an important point into such a fundamental document? Jeff Thomas explains.

On the Ground in Colombia (Part 3)

Over the course of the last two weeks we've followed frequent traveler Mark Svoboda as he shared his findings on Colombia. Today Mark wraps up his report with the different residency options available in the country.

The Problem With Political Parties

It should come as no surprise that many of our readers are independent-thinkers, exceptionally freedom-minded and fiercely libertarian. The smaller the government, the better so far as they are concerned. Indeed, some believe there should be no government at all. That said, today's feature might be of interest to the entire spectrum of political persuasion even if for just a lark: a small government without parties - just independents (supposedly) working for their constituents rather than vested interests. Jeff Thomas explains...

On the Ground in Colombia (Part 2)

Last week Mark Svoboda introduced us to Colombia, a country he toured last year as part of the search for his next perfect homeland. Today Mark continues with his comments on the country, including lifestyle in Bogotá and Medellín, transportation, as well as the most common concern for Colombia: safety.

Set Up Shop in Chile and Get $40,000

What if you were paid $40,000 to travel to another country, get a 1-year visa, and work on your technology related business? That's exactly what Start-Up Chile - an initiative started in 2010 by the Chilean government - makes possible, offering grants to small teams of entrepreneurs to come work on their ideas in Santiago. It's all part of the country's bid to become "the Silicon Valley of South America," and today we chat with Kevin Kent, a Chicago entrepreneur who recently received a grant.

Beating the Piñata

The process of tax collection can be compared to that of opening a piñata: one beats the thing and with, sufficient effort, gets a stream of goodies to fall out. Yet more effort = more goodies. With enough effort, every piece of coin, candy and food is shaken out - almost always by destroying the piñata in the process.

On the Ground in Colombia (Part 1)

Over the last several months we've had the opportunity to meet Mark Svoboda, a Russian-by-birth and current American resident looking for his next "Shangri-La" around the world. So far he has reported on Malaysia, Singapore, and Tanzania. Today Mark heads to South America for his findings on Colombia...

The Burning Barn

Expatriation, both of assets and oneself, is a common thread in many articles and forum posts on the International Man Network and elsewhere. Today, Jeff Thomas talks about the opposite side of the equation - repatriation - returning to one's original country.

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