08/10/2017
Embarking on an international adventure and becoming an expat, whether temporarily or permanently, involves saying goodbye to many aspects of your old life. If you’re one of the 43.6 million Americans who currently hold student debt, you’ll likely wonder whether moving abroad also means leaving behind student loans. There’s a lot to consider when transitioning […]
07/10/2017
American expats are, unfortunately, still required to file US taxes from abroad. Thankfully though, there are several exclusions that reduce or in most cases eliminate their US tax liability. The foremost among these is the Foreign Earned Income Exclusion. Not owing US taxes doesn’t exempt expats from having to file a US tax return though, […]
03/09/2017
All US citizens and green card holders have to file a US tax return and pay US tax, whether they live in the States or abroad, and wherever in the world their income is earned or paid. This can expose many expats living and working abroad to the possibility of paying taxes both in their […]
04/05/2016
What is it? The US is the only developed nation in the world to tax based on citizenship rather than residence. As such, US citizens (or green card holders) are liable to pay US income tax on their worldwide income wherever in the world they live. If you live abroad though, you will probably also […]
02/08/2016
US citizens and green card holders who live and work outside the US may be able to exclude part or all of their foreign earned income (both wages and income from self-employment) from US tax using the Foreign Earned Income Exclusion (FEIE). To qualify for the FEIE, a person needs to both work and live […]