||Field Of Study
|Interactive Self Study
Colleen Neuharth McClain CPA
Retirement Planning for Expatriates to Panama
This course helps CPAs advise their clients who are potential expatriate retirees to prioritize their choices for their lifestyle in an adopted country—what’s vital to have to enjoy life in Panama, how to maximize income and minimize taxes, what possessions to take and how to get them there, activities that help overcome culture shock, and even how to repatriate to the United States. This timely course assists retirees who plan to join the millions of Americans who live the great life abroad.
Who Should Attend: CPAs
• Who Becomes an Expatriate and Why?
• Doing the Research and Planning
• Finances, Benefits, and Taxation
• Describe how an expat’s experiences of a locale differ from those of tourists;
• Compare the environment and cultural features of Panamanian provinces;
• Begin to prioritize what features drive the choice of an adopted country;
• Note the types of tax planning involved in expatriating the subsequent tax reporting;
• Compare financial expenses and resources available in Panama versus the United States;
• Determine which types of property and preferable to bring to the adopted country or obtain after the move; and
• Be aware that success in repatriating requires financial and emotional preparation.