R.M. C. Says: What is the best way to invest in bitcoin? Personal Finance Expert Jeff Opdyke Says: Thanks for the question. This is a great time to be getting into bitcoin! We’re currently in the early stages of a third bull market for crypto, as you’ll know if you’re a regular reader of Read more...: What’s the Best Way to Invest in Bitcoin?
Laura H. Says: We are purchasing a home in Portugal and need to transfer $200,000 to our bank there. What is the best way, economically, to do this transfer? Personal Finance Expert Jeff Opdyke Says: Hi Laura, Great question! I actually move money back and forth between Europe and the US regularly since I’m a Read more...: What’s the Best Way to Transfer Dollars to a Portuguese Bank Account?
Desmond M. Says: I’m 73, still working, but plan to retire at the end of this year. I’d like to move to Portugal, close to the coast. But there is so much coast I don’t know where to begin. Where should I visit first? IL Personal Finance Expert and Portugal Resident Jeff Opdyke Says: Hi Read more...: I Want to Live on Portugal’s Coast—Where Should I Try First?
Rob A. Says: A while ago one of your columnists suggested purchasing Swiss francs as a hedge against volatility with the US dollar. How would one go about that? What are the tax implications? Would you keep assets in Swiss accounts? Purchase stock in Swiss companies? Personal Finance Expert Jeff Opdyke Says: Hi Rob, That Read more...: How can I Purchase Swiss Francs?
Douglas A. Says: What can you tell me about Portugal’s digital nomad visa? Personal Finance Expert Jeff Opdyke Says: Hi Douglas, The D8 Digital Nomad visa is a new visa Portugal launched in fall 2022. It provides Portuguese residency for one or two years, depending on which version of the visa you pursue. The Read more...: What can you Tell me About Portugal’s Digital Nomad Visa?
Jim H. Says: My husband and I recently moved to Spain. I currently have most of my retirement savings invested with an American financial institution, which informed us that we need to convert our accounts to international accounts due to the Patriot Act. The only way to keep them otherwise is to have a permanent Read more...: How do I Convert my Retirement Savings to International Accounts without a Permanent U.S. Address?
Because you owe taxes to Uncle Sam no matter what, you would be eligible for the Foreign Earned Income Exclusion, to the degree that you have earned income for a job of some sort.
Thanks for the question. A very good question, too. And timely. The status of the NHR program remains up in the air. The previous government that proposed scrapping the NHR is no longer governing, and the new government hasn’t really said what the status of the NHR is.
Through microstock, photographers sell images to buyers all over the world for everything from advertising to book covers to blog posts to travel brochures. The amount of money earned can range from a few cents per photo to $100 or more, depending on the buyer’s end use.
Hi Ruth, Kudos for getting your Bitcoin out! As you know, the digital asset lender BlockFI declared bankruptcy so anything you can do to recover your assets early is a good move.