Feb

Expat Daily: Superbowl, Expats In Switzerland

admin Americans overseas, Expat community 2010-02-05

US Expats Get Ready For Some Football

It has been almost six years since Hurricane Katrina hit New Orleans and some thought football might never come back, but it did. Exciting, the Saints are headed this weekend to the Super Bowl. “Many longtime Saints followers say they’re in disbelief that the formerly downtrodden franchise has reached a Super Bowl. Benson said he doesn’t share that perspective. “I had no doubt at all,” Benson said this week. “This is my 25th year, you know. It couldn’t be any better.” The post-Katrina scorn for Benson was expressed in part in written messages posted in yards in hurricane-ravaged neighborhoods; anti-Benson signs on discarded refrigerators containing rotting food drew news coverage. The Saints were displaced from New Orleans by Katrina and spent the 2005 season based in San Antonio, playing home games there and in Baton Rouge. There was speculation that Benson wanted to keep the Saints in San Antonio.” Read more from Washington Post New Orleans Saints vs Tennessee Titans Pre-Season Game

Switzerland Tries To Attract Wealthy Expats

Switzerland is trying to woo wealthy expats with their exceptional tax breaks. Of course Swiss property developers are also trying to make it about the life style, skiing and transit. “Despite a promotional campaign mounted by a group of Swiss cantons in London, there is still some reluctance to acknowledge that the country is marketing itself as a place to pay less tax. Although the income tax rate in the canton of Zug, for example, is about 10 per cent, Swiss property developers claim the appeal lies more in the skiing and the mountains. Switzerland does not openly acknowledge its status as one of the world’s most established tax havens, but in October The Times revealed that authorities were offering personal tax incentives to chief executives for relocating their companies there. Those being wooed included Diageo, which this week declined the move, but several other incentives have emerged that were previously known only to the lucky, targeted few.” Read more from Times