South Florida has for decades been known as the Melting Pot of immigrants from Central and South America. What has changed over the past few decades is the level of new immigrations from all over the world! What's the big attraction? For many Americans the allure is taxes and the weather. What about everyone else? If we had to guess, we'd say it's the culture. The special thing about the culture is South Florida is home to so many different cultures that most immigrants can find a community not too different from the one they left.

In this episode, we speak with Ernie Diaz, a CPA specializing in tax planning for those entering the U.S., to discuss some of the dos and don'ts for those either looking to come to the U.S. or are already here. How you structure the purchase of real estate is very different depending on your legal status in the U.S. In addition, how long you are actually physically present in the U.S. is a major factor to avoid some very unexpected and unwelcome tax consequences. So whether you are new to the U.S., are thinking about spending more time here or are just curious how this all works (just for a friend, we get it ;) Please listen in.

For more information on the substantial presence test we mention in the show, click here

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