06/13/2025
In Canada, your taxable income isn’t just your salary—it’s everything the Canada Revenue Agency (CRA) can spot, sniff out, or imagine showing up on your T4, bank statement, or rental agreement. Side hustle? That’s income. Cash from a freelance gig? Definitely income. Your Airbnb payout or crypto win? The CRA’s already taking notes. Getting it […]
06/11/2025
Some IRS forms make your heart sink. This one might make it skip a beat—in a good way. Form 14653 isn’t just paperwork. It’s a strategic reset button for U.S. expats who’ve fallen behind on their taxes. No penalties, no drawn-out negotiations—just a shot at getting compliant under the Streamlined Foreign Offshore Procedures, as long […]
06/09/2025
For years, digital nomads chased the sun. Now? They’re chasing Wi-Fi, healthcare, and a functioning visa system. Enter Canada. With tech-friendly cities like Toronto, Vancouver, and Montreal, a stable economy, and a reputation for infrastructure that actually works, Canada is fast becoming a top choice for remote workers and entrepreneurs looking for more than beachfront […]
06/09/2025
If you thought Congress couldn’t surprise you anymore, welcome to 2025—where the so-called “Big Beautiful Bill” has everyone from Paris to Phnom Penh giving their tax advisors a panicked call. This isn’t just political theater: with President Trump back in the White House and House Republicans pushing hard on spending cuts, tax cuts, and the […]
06/09/2025
If you’ve ever wondered whether you need to file FBAR, Form 8938, or both, you’re not alone. It’s one of the great rites of passage for U.S. expats: realizing that the IRS and FinCEN both want a peek at your foreign accounts—but through entirely different lenses. Both forms exist to catch unreported foreign financial assets, […]
06/09/2025
Sun, Wi-Fi, and mango smoothies—Thailand has long been the unofficial capital of remote work. From Bangkok’s buzz to Chiang Mai’s calm and Phuket’s postcard beaches, it’s been a favorite among nomads… even if most of them were technically on tourist visas. That changed in 2024 with the launch of the Thailand Digital Nomad Visa (DTV)—a […]
06/09/2025
If you’re a U.S. citizen living abroad and investing locally, there’s a decent chance the IRS has its eye on your portfolio—even if you’ve never heard of a PFIC. PFICs, or Passive Foreign Investment Companies, sound like something you’d only encounter in a finance textbook. In reality, they include many common investment vehicles like non-U.S. […]
06/09/2025
Moving to Canada comes with fresh air, friendly neighbors, and the quiet confidence that you’ve made a solid life choice. What it also comes with—often overlooked until it’s way too late—is a second tax system. For American expats, the tax reality isn’t either/or. It’s both. You’re still required to file with the Internal Revenue Service […]
05/20/2025
Retiring abroad used to mean tropical beaches and umbrella drinks. In 2025? For a growing number of Americans, it means heading north—toward universal healthcare, walkable cities, and the polite promise of a slower pace of life. Canada has become an unexpected retirement favorite for U.S. citizens who want great healthcare, stable infrastructure, and cultural familiarity […]
05/20/2025
For many U.S. expats, healthcare in Canada sits somewhere between myth and mystery. It’s universal, it’s government-funded, and somehow no one’s arguing about deductibles. But how does it actually work when you need a doctor—or a specialist—or a hospital bed at 2 a.m.? The short answer: it depends on your province, your patience, and whether […]