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 […]
02/02/2017
Choosing a US expat tax preparer is a decision that can potentially cost or save you thousands of dollars. All Americans living abroad who earn over around $10,000 (or just $400 of self-employment income) are required to file a US federal tax return, regardless of where in the world they live or in which country […]
01/30/2017
US expatriates, the new American pioneers, choose to live abroad for lots of reasons: for work, to study, for humanitarian reasons; for romance, adventure, or a better climate or quality of life perhaps; or in response to an innate desire to explore the wider world. Americans expatriates who earn over around $10,000 (or just $400 […]
01/26/2017
The US is unique among developed nations in the way it taxes based on citizenship, rather than on residence. This means that all US citizens (and green card holders) are required to file a US tax return if their worldwide income meets the minimum thresholds, wherever in the world they live. They may also […]
01/19/2017
Living abroad can be the adventure of a lifetime. Whether you’ve moved abroad for work, romance, adventure, or for a better retirement, the upsides are numerous, often including a better climate, exploring a new culture, learning a new language perhaps, and a better quality of life. The US is unique among developed nations in having […]
12/29/2016
Choosing an expat tax professional or accountant is an important decision. Getting it wrong could literally cost you thousands of dollars, as they may not have the specialist knowledge to apply the best strategies or claim the right exemptions for your situation. One of the first questions you should consider when filing US expat […]
12/12/2016
An Accidental American is typically either someone who was born in the US to foreign parents who were there there just temporarily, or someone who is the child of an American living abroad. The first scenario is straightforward. If you are born in America, you are a US citizen. No ifs, no buts. The second […]
12/01/2016
During his campaign, Donald Trump spoke about reforming the US tax system. How will his reforms affect taxes for expats though? We took a closer look. Income Tax Rates Unlike almost every other nationality, American citizens and green card holders living abroad are still subject to US taxes, even on their overseas income. Thankfully, in […]
11/25/2016
Americans are required to file a US tax return, whether they live in the US or abroad. They may also be required to pay US taxes, depending on their circumstances and which exemptions they may be eligible for. Exemptions aren’t applied automatically and need to be claimed though, so if you’re an American contractor, whether […]
11/16/2016
What now seems like an age ago, when Donald Trump starting gaining momentum in the Republican primaries, Google searches for ‘move to Canada’ jumped by over 1000% and the media predicted a surge of new expats if Mr. Trump won the presidency. So will the predicted surge materialize, or were the Google searches just wishful […]