Retirement Abroad

Americans Love Retiring Abroad

Retiring abroad has never been more popular, thanks to the perceived benefits of a better climate and quality of life, not to mention a healthy sense of late life adventure.

Retirement Abroad Tax Information

One possible downside to retirement abroad is that all Americans have to file a US taxes every year, even expats, meaning that tax planning is an essential part of overall planning for retiring overseas.

US Taxation of Foreign Retirement Accounts for Expats

US Taxation of Foreign Retirement Accounts for Expats

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 […]

Retire in Japan: Visas, Healthcare, Taxes, & More

Retiring in Japan as a foreigner is actually quite a common occurence for Americans. Pictured: two older expats sitting in on a bench in the fall.

Japan has long been hailed as a great vacation destination due to its natural beauty, rich culture, and delicious cuisine — but it’s also surprisingly common for Americans to retire in Japan.  And with Japan’s great healthcare system, low crime rates, and lower cost of living, it’s not hard to see why. Below, we’ll delve into […]

Reporting Foreign Real Estate and Rental Income to the IRS

Expat Reporting Foreign Real Estate Rental Income

Many of the 9 million Americans who live overseas have settled abroad permanently, perhaps because they have retired abroad, married a foreigner, or fallen in love with a particular place. Many of these long-term expats purchase foreign real estate, either to live in, or as an investment to provide them with rental income. All American […]

Top Tax Strategies for Americans Who Would Like to Retire Abroad

Expats want to retire abroad

With Winter, thoughts perhaps turn more often to the idea of retirement in a sunnier climate. There are lots of other good reasons for Americans to retire abroad too, such as a better quality of life, more affordable healthcare, and the opportunity to explore another culture. One important consideration for Americans who would like to […]

Thinking about Retiring Abroad? Existing Estate Plans May Not Travel Well

retire abroad with estate plan

(This article was provided by Thun Financial Advisors, specializing in financial advice and portfolio management for Americans living overseas). Retirement abroad has never been as popular as it is now. Longer, more active retirement years have been one reason American seniors are increasingly being enticed to retire abroad. Financial considerations have also become a compelling […]

International Inheritance Tax Considerations for US Expats

expat paying international inheritance tax

Expats are required to file US taxes wherever in the world they live, reporting their worldwide income.   While the tax treaties that the US has with around 100 other countries don’t mitigate this requirement, when expats file they are able to claim a number of exemptions such as the Foreign Tax Credit and the […]