Taxes seem to be something that almost every citizen of North American and European countries have pretty much have become part of their regular thought process. It seems that hardly a day goes by without a news item talking about a new tax, or an increase of an old tax.
With the U.S. IRS tax code almost 74,000 pages long now I consider myself very fortunate that that the Honduran tax code is only a couple hundred pages long. Sometimes less is more.
One of the newer ‘market segments’ looking for property on the island has been a larger quantity of people researching looking to relocate, live here full time and visit ‘there’ where ever ‘there’ may be. Starting a business in another country does not require you to be a citizen of that new country, just being a resident and often you do not even have to do that.
The below link explains the IRS over $96,000 tax deduction for actually moving? Check it out.
http://www.irs.gov/Individuals/International-Taxpayers/Foreign-Earned-Income-Exclusion
Do you want some entrepreneurial options? Full time, part time. Drop me a line and I will send you a list of options.
