About frankysfree

Currently Lives:

Citizen of:

Some Forum Posts:

El Salvador: A few questions:

Me + my wife are setting ourselves up to permanently reside in El Salvador by 2016. My wifes father + mother were both born and raised there, so she shouldn't have a problem getting her DUI. Currently i own a successful business here in the US and am positioning the business to sell within the next 3 years with the plan of opening up a business there. We own property in Izalco already but i would need to build a structure for the business. I have not been able to find a direct answer to my question about taxes. How does the tax system work since, as i understand it, i will still have to pay taxes to the US government even if i have permanent residency in another country. What is the US tax rate and does that mean i would be double taxed, once by El Salvador + then again by the United States? Second, does anyone know of any private english speaking schools near Izalco? For obvious reasons i want to put my son, who will be 6 when we move, into a private school.

Date Joined:

8/1/2013

Total Posts:

3

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