KeatsConnelly Cross-Border Weekly Best of the Web 2016-4-8

web-search-greyEvery week we share news stories, blog articles and other interesting stuff from around the web that received the most views, shares, comments and overall interest on various KeatsConnelly social media outlets.

This week we highlight two pieces. The first, which confirms a statement our founder Bob Keats has been making quite some time, discusses the appeal of looking at the United States for tax savings. The second article provides a view on housing prices around the world.

The World’s Favorite New Tax Haven Is The United States (www.bloomberg.com) – Last September, at a law firm overlooking San Francisco Bay, Andrew Penney, a managing director at Rothschild & Co., gave a talk on how the world’s wealthy elite can avoid paying taxes. His message was clear: You can help your clients move their fortunes to the United States, free of taxes and hidden from their governments. Some are calling it the new Switzerland. After years of lambasting other countries for helping rich Americans hide their money offshore, the U.S. is emerging as a leading tax and secrecy haven for rich foreigners…

Location, location, location – Global house prices (www.economist.com) – Anhome is his castle. Those castles, however, are among the smallest in the rich world: the average house size in Britain is just 86 square metres (925 square feet), around 40% smaller than the average American home. This fact has not dampened Britain’s appetite for housing. As our interactive chart above demonstrates, between 2000 and 2006, British and American house prices were on a similar trajectory, rising by around 80%. While the roof subsequently fell in on the American housing market, British house prices continued to accelerate upwards, after a brief blip in 2008-09…

Come back next week for more interesting news and articles. Enjoy your weekend!

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Cross-Border Series
The Border Guide
Now available in its 11th edition, The Border Guide has sold over 80,000 copies and is considered the definitive cross-border financial tool for Canadians living, working and investing in the United States.
A Canadian's Best Tax Haven
This book will show you how to realize your dream of living a lifestyle in a climate that allows for year-round golfing and sandy beaches while lowering your taxes and cost of living.
Taxation of Canadians in America
This book addresses individual US taxation and estate planning issues you will face as a Canadian living in the US.
Taxation of Americans in Canada
US citizens and green card holders are subject to US tax regardless of where they reside in the world. Are YOU at risk?

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