11/02/2022
If you’re an expat, chances are you’ve toyed with the idea of moving your retirement account overseas with you. But how do you do it, and what does it mean for your taxes and reporting requirements? The financial implication of moving your US retirement account overseas will depend on, among other things, the type of […]
09/20/2022
Many Americans want to retire abroad, whether it’s to enjoy a higher quality of life or discover a new culture. In fact, according to a survey by the Aegon Center for Longevity and Retirement, over 1 in 10 US workers aspire to retire abroad. But with so many options for where to call home once […]
09/06/2022
Are you considering a move abroad? With the world changing, it’s important to look for countries that offer the best quality of life, safety, and economic opportunities. Whether you’re looking for a fresh start or a change of scenery, this blog post will help you explore some of the best countries to move to and […]
07/06/2022
When it comes to US expat taxes, there’s a lot to handle. Expats must file various forms depending on their situation (such as the FBAR or Foreign Tax Credit) and comply with strict IRS deadlines. Something that may go over the heads of US expats as they file their tax returns, however, is Social Security. […]
04/15/2022
Are you fostering a (not-so-secret) love affair with travel? Have you considered taking this relationship to the next level by finding a permanent or semi-permanent home overseas? You and everyone else, apparently! The data is not shy in painting a clear picture – a record number of Americans are considering a move abroad. Between May […]
03/03/2022
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 […]
01/03/2022
Over a million Americans have retired abroad, and millions more aspire to. The most common benefits include a better climate, affordable healthcare, and a better standard of living on retirement income. The most popular destination for Americans retiring abroad is Mexico, due to the twin appeals of its proximity and affordability. Many folks move there […]
06/21/2021
Retirement abroad is more popular than ever, as the world has become more connected online, making managing finances and keeping in touch with family and friends from abroad easier. The desire to travel meanwhile has been amplified by the pandemic. The top considerations when considering where to retire overseas are cost of living, healthcare, quality […]
06/11/2020
Nine million Americans live abroad, and expats employed by foreign firms in particular, often have foreign retirement accounts. Because the US tax system is based on citizenship, all US citizens, including expats, have to file a tax return to the IRS every year, reporting their worldwide income and assets. Foreign retirement plans often have tax benefits […]
01/13/2020
Two years after Donald Trump signed into law his Tax Reform, in the last few days of December 2019 he signed another law called the SECURE (Setting Every Community Up for Retirement Enhancement) Act. The law comes into immediate effect in 2020. It is designed to allow American taxpayers, including expats, to better plan and […]