How Relevant Is Italian Dual Citizenship For Business Owners

milan italy skyline

Italy is an excellent immigration destination as it offers incredible weather, rich culture, and an easy lifestyle. Quality education is available on a budget, and the healthcare facilities are worth appreciating. Not surprisingly, young families and retirees want to move to the country for good. But Italian dual citizenship is equally popular among entrepreneurs and…

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Why a Second Passport Is Important for an International Business Owner

holding two passports

Dual citizenship can happen automatically in some cases, like when the child is born in a foreign country or by naturalization. It can also be obtained if a foreign citizen marries in another country and acquires citizenship by living in a foreign country. As an international business owner, you are constantly contending with volatile markets,…

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Setting up a Business Abroad: 5 Things You Must Consider

where-will-your-business-succeed-abroad-

Business owners and entrepreneurs are no longer tied to the countries they live in when setting up shop. Somewhere abroad is attractive for cheaper tax or rent, or it may be that a different way of life is calling your name. Whatever the reason for setting up a business abroad, it’s important to understand what…

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How Will UK Businesses Perform After Brexit?

Brexit may have taken a backseat in the news during the pandemic, but it is very much still happening and the business landscape in the UK is already changing. The UK officially left the EU on January 31st 2020 with a trade deal being struck on December 24th, which was welcome news by UK business…

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Why It’s So Easy to Sell Your Products in Other Countries

Thinking about selling your products in other countries? Now is more the time than ever. Nowadays it’s relatively easy to sell products all over the world. Why? Because of the fast paced society we live in. Whatever sector you’re looking at, if you compare it to 10-15 years ago we’ve come a long way. The…

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Don’t Ignore These 7 Essential International Business Customs

Plenty of businesses and business persons have made a blunder from time-to-time. They range from Ratner who called his own jewelry line “Sh*t” on live TV and bankrupted his business, to the Mission Impossible 3 makers who put a small box in newspapers that played the Mission Impossible theme tune. People around the US mistakenly…

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USA vs. UK: Where is It Easier to Set Up Shop?

Often, it isn’t the lack of a good idea or entrepreneurial spark that stops new startups flourishing, it’s the barriers to entry in the market itself. New startups often underestimate the costs imposed on new business by the country they are in, making it too difficult to do business in your homeland. Seeking that ‘greener…

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PEOs: What They Are and Why Your Global Business Needs Them

Business is more global than ever, and it’s not just huge corporations expanding overseas. Small and medium sized businesses have options for global expansion that were unheard of a few short years ago. Today, any company can be a multi-national, with a presence in any number of foreign countries. A Global PEO (Professional Employer Organization)…

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Americans Abroad on Self-Employment Taxes on Foreign Income

How does self-employment tax work for those Americans, who live abroad, travel the world and work for themselves? Well, you still have to pay US taxes on foreign income if you are a freelancer, independent contractor, digital nomad or entrepreneur abroad. Yes, US tax laws apply no matter where in the world you live and…

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