08/30/2018
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 […]
04/26/2018
Retiring abroad is more popular that ever, as Americans aim to maximize the healthcare and quality of life benefits available from their retirement income. A better climate and a sense of adventure are also factors leading many Americans to become late life expats. US tax rules and filing requirements are the same for Americans living […]
09/21/2017
This post was updated on February 15th, 2023 Many Americans dream of retiring abroad. Who wouldn’t want to spend their golden years in a retirement-friendly country with a rich culture, gorgeous climate, and more affordable cost of living? But when it comes to the specifics of how to retire abroad, it’s easy to get confused. […]
08/31/2017
All Americans are required to file US taxes and report their worldwide income, wherever in the world they live. Thankfully there are a number of IRS exemptions that can be claimed to reduce or eliminate US tax liability for expats, however even if no US tax is owed, expats still have to file an annual […]
08/17/2017
Many Americans own property in the US when they move abroad, and so are faced with the question of whether to sell or rent it. How to answer this question often depends on whether they are moving abroad temporarily or permanently: if they are moving overseas temporarily, if may make more sense to rent it, […]
07/03/2017
Retiring abroad is more popular than ever, thanks to perceptions of a better quality of life, more affordable health care, and a warmer climate. Americans living abroad earning over $10,000 a year (or just $400 of self-employment income) are still required to file a US tax return though, declaring their world wide income. This includes […]
12/19/2016
Retirement abroad rightly has a wide appeal, often because the quality of life can be higher, with many places offering a lower cost of living, a warmer climate, and high-quality, affordable healthcare . Mexico, the Caribbean, South America, and parts of Europe and Asia all remain popular retirement destinations for the above reasons, however as […]
02/08/2016
Everyone sometimes dreams of a better life in a more exotic place, but relatively few of us actually pack up our things, sell our cars, lock up or let our homes perhaps, and take the plunge. Often moving abroad requires a particular catalyst or trigger. Below are our top 5 reasons why Americans move abroad. […]