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IS ANYONE CONSIDERING BAILING OUT OF THIS PLACE AND GOING TO COSTA RICA OR PANAMA?

Posted on 03/28/2010 7:15:31 PM PDT by Nodems2000

I have seriously been thinking of leaving the country. My hope is pretty much gone that we can turn any of this around. Who would I be staying for....to support the people who ride in the cart and don't contribute and hate this country? I'm too old for all this and if the immigration bill goes through, I totally believe all is lost. How can we pay VAT, Tax and Trade, Healthcare, Local sales taxes, income taxes, etc., etc. and survive? So overused today, but it's "non-sustainable"


TOPICS: Chit/Chat; Health/Medicine; Travel
KEYWORDS: costarica; moving; panama
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To: mojitojoe

Actually, I’ve spent more time in Italy than any other European country and with the exception of a lack of cable, gypsies and bad air conditioning, I thoroughly love it. Those people know how to live. Truthfully, Tuscany or Venice. Don’t care much about the dirt.


161 posted on 03/29/2010 5:17:46 AM PDT by Desdemona (The Triduum FReep fast begins at 6 p.m. CDT Holy Thursday.)
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To: mojitojoe

New Expatriation Law

The provisions of IRC § 877A apply to all U.S. citizens and former long-term permanent residents who expatriate on or after June 17, 2008, (a covered expatriate) if they meet any of the following three tests:

Net Income Tax Test: For the five-year period before expatriation, the individual had an average annual U.S. income tax liability of at least $139,000 in 2008 (this number will be adjusted annually); or

Net Worth Test: The individual’s net worth is at least $2,000,000; or

Certification Test: The individual fails to certify that he or she satisfied all applicable U.S. tax obligations for the five years before expatriation.

The new tax regime applies to certain individuals who relinquish their US citizenship and certain long-term U.S. residents (i.e., green card holders) who terminate their U.S. residence (hereafter referred to as ‘expatriates’). The so-called ‘mark-to-market’ tax will apply to the net unrealized gain on the expatriate’s worldwide assets as if such property were sold (the ‘deemed sale’) for its fair market value on the day before the expatriation date. Any net gain on this deemed sale in excess of US$600,000 will be taxable.

In addition, trustees of non-grantor trusts must withhold and pay over to the IRS 30 percent of the portion of any distribution (whether direct or indirect) that would have been taxable to the expatriate had he not expatriated. Failure to withhold the tax could subject the trustee to direct liability for the unpaid U.S. tax.

The Act became law on 18 June, 2008.


162 posted on 03/29/2010 6:32:46 AM PDT by A_Tradition_Continues (formerly known as Politicalwit ...05/28/98 Class of '98...PROCESS MATTERS)
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To: DaxtonBrown

Can you tell me how to go about doing this? I need to get retirement funds out before they take them.


163 posted on 03/29/2010 7:33:28 AM PDT by texgal (end no-fault divorce laws return DUE PROCESS & EQUAL PROTECTION to ALL citizens))
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To: posterchild

Thanks for the tip!


164 posted on 03/29/2010 10:33:19 AM PDT by Palladin (Regroup, Resist, Reload, Repeat!)
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To: Palladin

My beer addled description made it sound like I was lumping Arenal and Tamarindo together though. Arenal is a nice area (mountainous, wet, green and cool like ireland) though there is not much of a town nearby. Tamarindo is an OK beach but as I said it seems to be a hangout for US hippies who don’t seem to care much for the town. There are some nice B&Bs outside of the town center though.

Roads in Costa Rica are riddled with potholes. If you book a rental car in advance you will probably want something with a good suspension and clearance.


165 posted on 03/29/2010 12:26:44 PM PDT by posterchild (Endowed by my Creator with certain unalienable rights.)
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To: Nodems2000
"I have seriously been thinking of leaving the country."

Don't forget to write.

166 posted on 03/29/2010 12:30:43 PM PDT by verity (Obama Lies)
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To: hampdenkid
There are a couple of issues with Honduras. The first is that there is an issue with malaria. Additionally, there's more than a little theft that goes on there.

Otherwise I'd find Honduras tempting myself.

As it is, I was on the phone with Panama just this weekend starting up a new business operation there, just so I have the option if needed.

167 posted on 03/29/2010 1:01:37 PM PDT by The Duke
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To: AdmSmith; Berosus; bigheadfred; Convert from ECUSA; dervish; Ernest_at_the_Beach; Fred Nerks; ...

I think this idea, or one like it, was floated in the movie “Timecop”. I’d prefer Hawaii, btw, and it wouldn’t take many of us to take it over and make it completely solid for conservative politics.


168 posted on 03/29/2010 5:19:26 PM PDT by SunkenCiv ("Fools learn from experience. I prefer to learn from the experience of others." -- Otto von Bismarck)
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To: AlexW

Thank you. How I wish it was still like that and that future generations had the same opportunities that their ancestors did.


169 posted on 03/29/2010 8:10:09 PM PDT by mojitojoe (I don't care what you passed. you are irrelevant. I'll NEVER comply in any way. Read my lips, NEVER!)
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To: calex59

It’s really not a matter of guts for me. I’m 67 and diabetic. I have a bullseye on my head to be eeked out of medical care. If I stay, I will probably die 10 or 15 years sooner than if I had great medical care. CR has the THIRD best healthcare in the world, America has 37th. I’ve fought for my country and been politically active all my life. But there comes a time when you have to make a decision and I’ve decided it’s a losing battle. You are fighting for your country. Who is your “country” - the people, the land, the government? There is a huge number of people that hate us and that’s growing and will not stop. The government is a disaster. Land - you can find beautiful land anywhere. Please don’t tell me it’s freedom because we are NOT free anymore - we have been socialized. I will be 6 ft under by the time, if ever, this country is normalilzed again.


170 posted on 03/29/2010 9:11:49 PM PDT by Nodems2000 (Beheadngs are better says atlanta holy man)
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To: hampdenkid

Exactly. We have been either conditioned or brainwashed to believe that we are the most free people in the world. And really, what IS freedom? I didn’t come up with this question without asking myself many questions. The main issue for me is healthcare. I won’t get it here, so what options do I have?


171 posted on 03/29/2010 9:22:48 PM PDT by Nodems2000 (Beheadngs are better says atlanta holy man)
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To: Nodems2000

I can’t speak for all Latin American countries, but I know that health care in most of them, including Honduras, is equal to that in the US — at a fraction of the cost. For example, the hospitals in San Pedro Sula (Honduras)provide top quality health care (on the same level as other US medical facilities with the exception of the Mayo Clinic and one or two other facilities of that nature), with the average room costing under $50 a day.


172 posted on 03/30/2010 4:20:00 AM PDT by hampdenkid
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Bookmarking. I've had thoughts of this type of thing in the 1980s. At the time there was a little town in the middle of Medico that was considered “the best place to live”.
173 posted on 04/01/2010 8:20:19 AM PDT by McGruff (Don't criticize. Explain to me who I should support other than Sarah Palin.)
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To: Nodems2000

Panama has excellent, affordable health care. Costa Rico’s has also improved immensely.


174 posted on 06/19/2010 12:51:04 PM PDT by mojitojoe (banking institutions are more dangerous to our liberties than standing armies. Thomas Jefferson)
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To: PGalt

Absolutely!


175 posted on 06/19/2010 12:51:38 PM PDT by mojitojoe (banking institutions are more dangerous to our liberties than standing armies. Thomas Jefferson)
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To: Nodems2000

then leave


176 posted on 06/19/2010 12:52:24 PM PDT by InvisibleChurch (Stimulus ~ Response)
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To: Nodems2000

Don’t leave until after the Nov. elections. Vote the scum bags out!


177 posted on 06/19/2010 12:57:23 PM PDT by Ditter
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To: Nodems2000
I was about to give up hope, then the Tea Party arrived.If we can keep tightening the screws on the politicians, I really believe we have a good chance of getting our country back.
Let's go for term limits, getting rid of the IRS, getting rid of the Department of Education and a few other unneeded departments.
Keep the faith Nodems. God is watching.
178 posted on 06/19/2010 12:59:43 PM PDT by Temple Owl (Excelsior! Onward and upward.)
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To: Tribune7

Ping


179 posted on 06/19/2010 1:01:03 PM PDT by Temple Owl (Excelsior! Onward and upward.)
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To: mojitojoe
Absolutely!

Thanks. We might need you and would certainly appreciate your fighting along side of us.

180 posted on 06/19/2010 5:15:07 PM PDT by PGalt
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