06/12/2017
Americans living abroad are still required to file US taxes. The US is the only country that requires its expats to file. It is because the US taxes based on citizenship rather than on residence. This leaves the millions of Americans who work abroad at risk of double taxation, paying taxes in both the country […]
06/01/2017
There are around 9 million American expats living overseas – that’s more people than live in every state bar ten. Since the Civil War though, American expats have been required to continue filing US taxes, unlike almost every other country, which typically only tax residents and people with income originating in that country. Up […]
05/29/2017
Living abroad is an incredible experience, however for Americans at least the expat experience can be a little bit tainted by still having to file US taxes from overseas. Because the US taxes based on citizenship rather than on residence, American expats are still required to file US taxes and declare their worldwide income wherever […]
05/22/2017
All Americans are required to file a US tax return and report their worldwide income wherever in the world they live. The US is nearly unique in requiring expats to file taxes. It is because the US has a citizenship-based taxation system,rather than a residence-based system like most countries. While many American expatriates aren’t […]
05/15/2017
The numbers of American expats renouncing their US citizenship has risen exponentially over the last few years. Before 2008, typically just a few hundred Americans a year renounced their citizenship, whereas in 2016 the figure exceeded 5000 for the first time. The reason why the number of renouncers is rising so fast is American’s citizenship […]
03/30/2017
Americans living overseas experience new cultures, explore new places, meet new friends, and grow as people, so much so in fact that many choose to live abroad permanently at the end of their original assignment or trip. Unfortunately, living abroad as an expat doesn’t mean you escape having to file US taxes though , even […]
03/20/2017
Living overseas is an incredible experience, however Americans still have to file US taxes even when they are living abroad. Furthermore, filing US taxes is more complex for expats than for Americans living in the States, as crackdowns on overseas tax cheats over the last few years have resulted in an ever-increasing amount of filing […]
03/13/2017
Taxes are most probably the last thing on expats’ minds when they fall in love with a foreigner. Once the wedding bells have chimed and the dust has settled however, understanding the US tax implications should be on every American expat married to a foreigner’s to-do list. This will be the first time that you […]
03/02/2017
Like all US expats, American contractors working abroad are still liable to files a US tax return and pay US taxes, wherever they’re living and wherever their income is sourced or paid. Thankfully there are some exclusions available that can be used to reduce or eliminate their US tax liability, however these have to be […]
02/27/2017
Americans expatriates who earn as little as $400 may still be required to file a US federal tax return to report their worldwide income, despite living abroad. They may also have further filing responsibilities related to FBAR and FATCA. Thankfully, most American expatriates can claim one or more exclusions though which remove them from US […]