10/17/2024
Did you know you and your dependents can expand your knowledge and gain job skills while reducing your tax bill? The IRS offers a couple of different continuing education tax benefits, which can help offset higher education expenses by decreasing your tax burden. In many cases, even Americans attending an educational institution abroad are eligible […]
10/10/2024
Many expats assume moving abroad means they don’t have any state tax obligations — unfortunately, it’s not always that simple. New York is one of several states that makes it difficult for former residents to sever tax ties. If you most recently lived in New York before moving overseas, you may need to file — […]
10/03/2024
If you’re looking for a country with stunning beaches, rich history, a lower cost of living, and healthy, delicious cuisine, you can’t go wrong with Cyprus. This Mediterranean island nation has long flown under the radar, but its reputation as an expat hotspot is on the rise. Of course, before moving there, it’s important to […]
09/26/2024
In recent years, Portugal and Spain have become popular retirement destinations. It’s easy to see why — both countries boast rich cultures, natural beauty, great weather, and dedicated retirement visas. But when it comes to retiring in Spain vs. Portugal, which option should you choose? To help you decide, we’ve put together a high-level guide […]
09/20/2024
Starting a business overseas may seem daunting — but it can bring major benefits. For high-earning, self-employed American expats in particular, registering a US-based C corporation and a Controlled Foreign Corporation (CFC) can lead to major savings on their US tax bill. Before you rush to file your articles of incorporation, though, you’ll want to […]
08/07/2024
Healthcare is among the most important factors in determining quality of life. US expats with their hearts set on Europe, however, are in luck. The standard of care in Europe is excellent overall, with the continent home to 11 of the top 20 health systems in the world.
06/09/2024
At Bright!Tax, we believe in leveraging our resources to foster a brighter future. Through the Bright!Lights project, we channel our commitment to philanthropy by supporting initiatives that have a profound impact on global well-being, and connect to the values of our team or clients in some way. Bright!Lights is our attempt to create a ripple […]
05/15/2024
Whether due to professional opportunities, a partner, or a desire to improve their French, many Americans dream of moving to France. Fortunately, there are many ways to move to this beautiful, culturally rich country. As a tax firm dedicated to expats with employees distributed worldwide, we know the intricacies of making a global move. Below, […]
08/04/2023
Year after year, more and more US retirees buy property in Panama and joyfully expatriate from the US. In addition to its obvious appeal (think pristine beaches and a thriving expat community), there’s also the potential for a property purchase to be an excellent investment for foreign real estate investors. The country’s geographically and diplomatically […]
04/04/2023
Living abroad as a US expat comes with awesome “I can’t believe this is my life” experiences. But, it also comes with an increased need for organization when it comes to household administration. Staying on top of necessary administrative tasks, such as maintaining organized records and tracking expenses, can be challenging. Although it can be […]