How to Prepare to File Your US Taxes as an Expat

Getting ready to file US taxes from abroad

If you’re like many American expats, filing your US tax return from abroad may seem like a daunting task, however it doesn’t have to be that way.  When filing from abroad, being prepared and understanding which documents to gather is important to ensure a smooth, stress-free filing process. Once you reach out to an expat […]

What is Citizenship Based Taxation?

citizenship based taxation for Americans abroad

Expats are America’s unofficial envoys, shaping the world’s perception of the United States and of Americans at large. It has been estimated that there are around 10 million Americans living abroad creating new lives and opportunities. Yet despite living a great distance from the US, many expatriates find themselves in the precarious position of having […]

US Tax on Foreign Property for American Expats in 2022

Foreign Property American Expats

The purchase or sale of a home stateside can be challenging enough. Abroad, you also have to navigate the US expat tax reporting requirements, which can be a little confusing to say the least.  As a US expat, you may already know that your worldwide income must be reported on your American tax return and […]

The Top 5 Countries for Digital Nomad Visas in 2022

The Top 5 Countries for Digital Nomad Visas in 2022

The term ‘Digital Nomad’ was introduced to the world in the 1997 book ‘Digital Nomad’ by Tsugio Makimoto and David Manners, forecasting the remote worker in the age of the internet.  Investopedia describes digital nomads as people who are location-independent and use technology to perform their job while living a nomadic lifestyle. Traveling the world […]

A Guide to Dual Status Tax Returns for Expats

A Guide to Dual Status Tax Returns for Expats

The US is one of only two countries that uses a citizenship-based tax system rather than a territorial one. This means that the IRS taxes all US citizens, including dual citizens and Americans who live in other countries. So even if you already paid taxes in the country where you live abroad, if you are a […]

The Best Places to Retire in the World in 2022

The Best Places to Retire in the World in 2022

A recent study suggests at least 12 percent of Americans have considered living abroad in older age and retirement, but often a myriad of distractions in our ever demanding world get in the way. With more than half a million retired American expats collecting social security benefits outside the US, it’s clear many push past […]

IRS Taxes For US Citizens Living Abroad – A Guide

IRS Taxes For US Citizens Living Abroad

US citizens are required to file US taxes if they’re living abroad, despite often having to file foreign income taxes as well. International tax treaties don’t prevent US citizens resident overseas from having to file US taxes, however they do stipulate how to avoid double taxation, most often by claiming tax credits when you file. […]

The IRS Standard Deduction in 2022 for Expats

The IRS Standard Deduction in 2021 for Expats

The IRS Standard Deduction allows Americans to deduct a fixed amount of their income from US tax when they file their federal return. The Standard Deduction lets Americans avoid the hassle of itemizing their actual deductions when they file. The amount of the Standard Deduction was very low before the 2017 Tax Cuts and Jobs […]

Tax Calendar for US Expats Filing in 2022

2022 Expat Tax Calendar

We’ve created a tax calendar for Americans filing from overseas this year. Americans living abroad are required to file US taxes, as US law states that all American citizens and Green Card holders have to report their worldwide income every year on Form 1040. Most other countries only tax residents. When you file your US […]

The 2022 IRS Tax Filing Season Starts on Monday January 24

Tax Filing starts January 24 2022 expats

Americans living abroad – 2022 IRS tax filing opens this year on Monday January 24. Overseas Americans have to file US taxes on their worldwide income just like Americans living in the States. This is because, unlike most countries, the U.S. taxes based on citizenship, regardless of where you live in the world. Filing as […]