www.CostaRicaTicas.com

two words for unfunded future social security and medicare liabilities....


means testing.

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The difference between a Sea Story and a Fairy Tale is that a Fairy Tale starts out 'Once Upon a Time..' and a Sea Story starts out 'This is no Shit...'

(export version only, some restrictions may apply, some assembly required, not valid where the sun don't shine...

if you live in the states of Poverty, Darkness or anywhere outside of The Blessings of Civilization Trust, Inc...other rules may apply)

This discussion is PERTINENT to the Section that its contained in.. As long as we maintain decorum and keep this exactly on the discussion itself and DO NOT TURN This into a political discussion of the policies but keep it on the policies itself and how it effects our members who live or are looking to live and retire in Costa Rica.

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Thank you for supporting CRT!

the irs has been hot on foreign accounts for decades now



here is sample of some of the laws regarding foreign accounts/activites


Bank Secrecy Act


Congress passed the Bank Secrecy Act in 1970 as the first laws to fight money laundering in the United States. The BSA requires businesses to keep records and file reports that are determined to have a high degree of usefulness in criminal, tax, and regulatory matters. The documents filed by businesses under the BSA requirements are heavily used by law enforcement agencies, both domestic and international to identify, detect and deter money laundering whether it is in furtherance of a criminal enterprise, terrorism, tax evasion or other unlawful activity.

The Internal Revenue Service is a partner in the U.S. National Money Laundering Strategy. The IRS seeks to achieve a balance between enforcement of the money laundering laws and education. This page provides links to information about specific BSA requirements to assist with education and compliance with the law.

Report of Cash Payments Over $10,000 Received in a Trade or Business (Form 8300)

Reporting Cash Payments of Over $10,000
The general rule is that you must file Form 8300, Report of Cash Payments Over $10,000 Received in a Trade or Business, if your business receives more than $10,000 in cash from one buyer as a result of a single transaction or two or more related transactions.

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The difference between a Sea Story and a Fairy Tale is that a Fairy Tale starts out 'Once Upon a Time..' and a Sea Story starts out 'This is no Shit...'

(export version only, some restrictions may apply, some assembly required, not valid where the sun don't shine...

if you live in the states of Poverty, Darkness or anywhere outside of The Blessings of Civilization Trust, Inc...other rules may apply)

May I ever so respectfully submit, Pidd....you're reading crap from the neighbobs of nattering bullshit....

Workers of the World Unite! YOU HAVE NOTHING TO LOSE BUT YOUR CHAINS!!!

Amen.....

love ya

steven1

PS: Try the SAFE DEPOSIT BOX route....yeah, no interest....but NO EYES, either.....

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"Actual happiness always looks pretty squalid in comparison with the over-compensations for misery. And, of course, stability isn't nearly so spectacular as instability. And being contented has none of the glamour of a good fight against misfortune, none of the picturesqueness of a struggle with temptation, or a fatal overthrow by passion or doubt. Happiness is never grand."
- Aldous Huxley, Brave New World, Ch. 16

If you are going to use a Safe Deposit Box ( bury in the backyard?)
I recommend you put gold in it, not cash.
Gold has gone up almost 40% in the last 2 years.

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It is cheaper to pay now and get it over with.
It is also easier to get them to leave.

As an add-on to Brother T&V's remarks about the flight to safety gold represents: From George Soros to Glenn Beck, it's being widely recommended. Here's a NYT article:
http://www.nytimes.com/2010/06/13/business/13gold.html
Starts with somewhat inflammatory language but he soon settles down. Worthy recognition that those often derided as "gold bugs" may be on to something.

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"A man accustomed to hear only the echo of his own sentiments, soon bars all the common avenues of delight, and has no part in the general gratification of mankind"--Dr. Johnson
"Amen, brother"-ED