09/29/2022
More than 8 million American expats currently live outside the US. And with the rise of digital nomadism, one might expect that number to grow – with even more Americans taking the leap to start new adventures overseas. But a common slip-up that some American expats run into when moving to a new country is […]
09/28/2022
Tax-wise, American expats are in a delicate spot. The US is one of the few countries in the world that applies citizenship-based taxation, meaning that US expats must file a tax return to declare their worldwide income each year, regardless of where they live. As a result, many expats are left confused with unanswered questions […]
09/22/2022
Have you ever thought about leaving the US behind to move to Mexico? You’re not alone. There are already an estimated 1.5 million Americans that call the Central American country home. Not all of these Americans come to Mexico for the same thing. Some come to enjoy their golden years under the hot sun, some […]
09/20/2022
Many Americans want to retire overseas, 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 […]
09/19/2022
Ever since Tim Ferris released his book “The 4-Hour-Workweek” back in 2007, millions of people have dreamed about being able to work while traveling to exotic locations at the same time. And with the rise of remote work in a post-COVID-19 world, that dream is now more possible than ever. If your current employer allows […]
09/15/2022
As the world opens back up and Covid restrictions start to ease, more and more Americans aspire to become digital nomads: remote workers that leverage technology to live and work from anywhere. To adapt to this trend, countries worldwide are adopting “digital nomad visas” to allow remote workers to stay in their country for up […]
09/12/2022
First things first – US citizens living abroad must file a tax return and declare their worldwide income. That’s because the United States is one of the only countries that apply citizenship-based taxation, which leaves many expats wondering if they’ll have to pay taxes twice on the same income. Thankfully, the Foreign Earned Income Exclusion […]
09/06/2022
The COVID-19 pandemic has forever changed our attitudes towards work and corporate culture. Turns out, you don’t need to work in an office all day to be productive. On top of that, remote work allows you to work from anywhere in the world. As COVID-19 pandemic restrictions are slowly easing worldwide, it’s the perfect time […]
09/02/2022
Because of citizenship-based taxation, US expats must still file a tax return to the IRS even while living overseas. This leaves many dual resident taxpayers worried that they’ll be paying taxes twice on the same income, which is where tax treaties sometimes help. The United States has tax treaties with 69 other countries. Thanks to […]
08/31/2022
Inflation feels like an inescapable topic of discussion recently. In response, lawmakers have championed a new law called the Inflation Reduction Act aimed at not only addressing inflation but also touching on areas such as healthcare, climate, etc. One portion of the bill, in particular, has sparked a flurry of concern, however – specifically how […]