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  1. #71
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    Quote Originally Posted by RDKNIGHT View Post
    I wish they would tell me to go home..i'll move right to columbia ..... cheaper and hotter chicas
    COLOMBIA !!! The country, not the University, Outerwear maker or the Canadian province

    Colombians get real upset about that. I go frequently between DR and CO - Huge temperature difference! 38c to 16c

    YES, Residency in every country makes things a lot easier, have Official ID, no limit on stays, banking, investments, etc

  2. #72
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    Default US TAXES

    US Persons fill out W-8 to declare their SSN/TIN to the bank
    Foreign Banks will not issue 1099 which is for Interest/Dividend Income

    Every year must collect all the December statements and fill out FBAR, 8938, Schedule B, Schedule D, Schedule E, 5471, 8858 etc etc etc etc etc

  3. #73
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    Quote Originally Posted by nekokatt View Post
    US Persons fill out W-8 to declare their SSN/TIN to the bank
    Foreign Banks will not issue 1099 which is for Interest/Dividend Income

    Every year must collect all the December statements and fill out FBAR, 8938, Schedule B, Schedule D, Schedule E, 5471, 8858 etc etc etc etc etc
    Those forms are a downside of doing banking, having a corportion, and doing business in a foreign country, but are not applicable to everyone(depends on your own individual situation), and would have to be filled out even if you are not a resident.

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  5. #74
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    Correction W9 for Individuals. W8 is for foreigners (non US persons) who have filing requirements due to US-source income or entities

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