2015 US TAX RATES

Obama's price range concept will take purpose on the wealthy

In his State of the Union address Tuesday evening, Obama will recommend raising the capital good points and dividend tax rates to 28 % for prime earners; imposing a price on the liabilities of about a hundred big monetary institutions; and a great deal broadening the …
read more on Washington submit

Baltimore, MD (PRWEB) January 21, 2015

Panama, Ecuador, Belize and France provide the very best retiree advantages on this planet, consistent with global dwelling’s simply-launched annual international Retirement Index 2015.

In a bid to entice expats, these countries have assembled sexy advantages packages, which offer large financial savings for overseas retirees on everything from shuttle to utility bills to medicine.

Topping the “Retiree advantages and reductions” category within the Index is Panama, which bargains the very best incentives for retirees on this planet.

“Panama deals retiree expats some great benefits of the sector’s very best retirement software: the Pensionado visa,” says InternationalLiving.com Panama editor Jessica Ramesch.

“Panama desires you to return—and their insurance policies court you. The Pensionado visa is available to someone with a lifetime pension of over $ 1,000 a month. reductions which you can get with the visa embrace 20% off scientific products and services, 50% off leisure, 25% off restaurant foods, 25% off air fare, and 25% off electrical energy and get in touch with payments,” Ramesch experiences.

overseas resident pensionados even get exemptions on the whole thing from luxury taxes on cars to closing costs on home loans.

“one of the best phase about being a retiree resident in Panama is the way individuals deal with you. there’s a tradition of admire and courtesy right here. people will stand to offer a seat. ship you to the entrance of the road. And at banks there are special home windows for retirees, so they don’t have to stand and watch for lengthy,” Ramesch says.

Ecuador (which places first within the Index total as the best situation on the earth to retire) deals many benefits to people who expatriate here, and probably the most absolute best benefits go to retirees. For these aged sixty five and over who hold a cedula (national id card), a move to Ecuador could make excellent sense from a monetary standpoint.

“to begin, those of tercer edad (the local term for senior citizens, which literally approach “0.33 age”) can obtain money back on the sales tax they pay on many objects during the yr,” says InternationalLiving.com Ecuador Highlands editor Wendy DeChambeau.

other breaks include discounted utility and property-tax bills. Water and electrical payments are lowered through 50% for seniors and property taxes are discounted, too. Retirees can have a free phone land-line for local service.

“There are additionally some nice discounts on leisure and commute,” DeChambeau experiences.

Belize has additionally established an enticing advantage application for retirees.

“you need not wait until you’re over 55 to qualify for the retirement benefits provided by the Belizean government. As soon as you reach 45, that you could follow for the qualified Retirement application (QRP). and in contrast to most different international locations’ retirement programs, you received’t be required to are living in Belize full-time as a retiree,” says Ann Kuffner, InternationalLiving.com’s Belize editor.

“QRPs are allowed to import all of their non-public effects into Belize with out paying any import tasks or taxes. they are able to additionally import a personal automotive, boat, and airplane duty-free and tax-free all the way through their first yr in Belize,” Kuffner experiences.

the full file on the countries which offer the perfect retiree benefits on the planet in 2015 can be learn here: the highest four international locations on the planet for Retiree benefits.

Editor’s be aware: members of the media have full permission to breed the article linked above as soon as credit is given to InternationalLiving.com. images are additionally on hand.

Media Contact: For details about InternationalLiving.com content republishing, to be had source subject material or to e-book an interview for radio, television or print with one in all our consultants, contact affiliate Editor Carol Barron, 772-678-0287 (US), [email protected] or discuss with the Media heart. For automated updates on essentially the most present stories, follow world living Media on Twitter.

For more than 30 years, InternationalLiving.com has been the leading authority for any person searching for international retirement or relocation opportunities. via its monthly magazine and associated e-letters, extensive web site, podcasts, online bookshop, and occasions held all over the world, InternationalLiving.com provides information and services to help its readers are living better, trip farther, have more fun, keep more cash, and find better business opportunities once they enlarge their world beyond their own shores. InternationalLiving.com has greater than 200 correspondents touring the globe, investigating the most effective alternatives for shuttle, retirement, real property, and investment.

###

US TAX RATES

More_About: