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(Article contributed by Jason Landrum a OFX International Money Transfers.) In today’s international job market, global mobility has allowed Americans to move around the world. The ability to work from a beach bungalow or a mountain retreat is an appealing notion. And, for many, living abroad can only be possible with “money mobility.” Whether you’re […]

After six months of wrangling, a second stimulus check for Americans affected by the Coronavirus pandemic was announced at the very end of December 2020. The second check was smaller than the first, being worth just $600 per person, compared to the original $1,200. This was despite President Trump as well as the Democrats supporting a […]

Note – a third stimulus check has now been announced too. On Sunday 27th December 2020, President Trump signed the COVID-Related Tax Relief Act of 2020 (COVIDTRA) into law. The Act passed through both houses early last week, however the president didn’t sign it sooner as he was unhappy with the amount of the second […]

Back in March 2020, the CARES Act mandated a one-off stimulus payment for American individuals to help offset the economic impact of the Coronavirus pandemic. Stimulus payments were worth a maximum of $1,200 per American citizen (so $2,400 for couples filing jointly if both are Americans), and $500 per dependent child. A second stimulus check […]

This article was contributed by David Tompkins at Expat Financial. David is an expert in sourcing global health insurance plans for multinationals and individual expats around the globe. Most Americans realize the importance of buying medical insurance in the United States, but what about health insurance when you move abroad? It is unlikely that your […]

Thanksgiving is a time when the thoughts of the nine million Americans who live abroad turn to home, as well as how best to celebrate. With no other country celebrating Thanksgiving (other than Canada, in October, due to an earlier harvest further north), celebrating abroad as an expat presents all sorts of logistical challenges. As […]

While the election result hasn’t been universally acknowledged and confirmed yet, it seems probable at this stage that Joe Biden will be inaugurated in January as the next US president. All Americans, including those living abroad, are required to file US taxes every year, reporting their global income. Most claim IRS provisions such as the […]

It has been estimated that there are several thousand Americans living in Bangladesh. Living in Bangladesh is an wonderful experience for a number of reasons, including the friendly locals, the exotic culture, and the quality of life. As an American expatriate living in Bangladesh though, what exactly do you need to know regarding filing US expat (and Bangladeshi) taxes? […]

With less than three weeks to go until the 2020 election, it’s time to take stock and have a look at the implications of the two outcomes for expats. It’s the strangest election year in living memory and perhaps ever, with the economy rocked by a global pandemic, social unrest across the country, and the […]

The 2020 US Presidential Election has been overshadowed by the Coronavirus Pandemic this year, with campaigning limited compared to normal, so far at least. Taxes form an important aspect of both the Republican and Democratic party policy platforms. This year, the Democrats’ tax plans are relatively radical. In this article we look at what changes […]