Out Through America's In Door

Category: Tourism, Posted:12 May 2012 | 14:13 pm

More and more Americans are changing citizenship and taking up residency overseas according to media source Bloomberg.
It's no longer a case of Coming To America, but wealthy residents are increasingly renouncing their USA roots at diplomatic missions abroad.
Based on the news story the figure rose last year to 1,780 expats, which is in increase from 235 back in 2008.
Reportedly one of the key drivers of the trend was the high profile UBS release of information to the Internal Revenue Service (IRS), coupled with growing pressure on overseas tax haven.
Looks like the both wealthy French and the Americans have their ears up on growing tax concerns.

Other News

C9 Hotelworks Releases New Phuket Hotel Market Update Report

Category: Hotels|Tourism, Posted:16 Mar 2023 | 00:29 am According to C9 Hotelworks new Phuket Hotel Market Update 2023, the resort island’s tourism recovery has accelerated over the past six months. With the removal of Thailand’s pandemic travel restrictions in 2022, airlift quickly ramped up as India and Malaysia were key early source markets. Over the current winter season aside from the return of […]

Destination Ink Radisson For Patong Hotel

Category: Hotels, Posted:12 Mar 2023 | 23:16 pm Phuket’s hotel brand conversion trend is continuing, with the latest move having Radisson sign a deal for a 390-room hotel in Patong. Owned by the Destination Group, the property will be branded as a Radisson. This is the fourth recent conversion by Destination with one more Radisson and two Holiday Inns by IHG. Expect more […]

Hilton Phuket Arcadia Reflagged To ACCOR’s Pullman Brand

Category: Hotels, Posted:03 Mar 2023 | 07:35 am One of Phuket’s largest hotels, the 662-room Hilton Phuket Arcadia Resort has been reflagged under ACCOR’s Pullman brand. The hotel, which will be named Pullman Phuket Arcadia Karon Beach Resort will operate as a Pullman effectively in April of this year, and a staggered 24-month refurbishment program undertaken. With this addition, there will be three […]

More Insider News