China Residency Rules May Increase Taxes on Foreign National Employees China residency rules are changing with the implementation of a new law. The People’s Republic of China Individual Income Tax law has abolished the 5-year tax exemption period during which a foreign national employee does…
Mortgage Loan for Foreign Nationals Relocating to the United States Many of Global Mobility Solutions’ clients have transferees relocating to the United States from outside the country. Often, they will need a mortgage loan to buy a home. These transferees may not have established credit…
Dublin Housing Market Remains Strong, Prices Begin to Stabilize The Dublin housing market is beginning to stabilize after experiencing a period of rapidly rising prices. Residential property prices in Dublin rose in some places from 50% to 100% or more since the 2012 housing bust…
Relocation Expenses Incurred in 2017 and Reimbursed in 2018 are Not Taxable The Internal Revenue Service has ruled that relocation expenses incurred in 2017 and reimbursed in 2018 are not taxable. Prior to this ruling, employers had been treating such reimbursements as taxable income for…
China’s Labor Force Declines While Economy Transforms China’s labor force is in decline. After fifty years of continued expansion, the labor force in China declined last year. Although China still has over 20% of the world’s labor, the decline is indicative of how China’s economy…
