Bright!Tax US Expat Tax Blog

How American Expats Can Get the Best Currency Exchange Rates in Australia

Taking care of your taxes and financial strategy in Australia

Moving to Australia as an American expat is an exciting adventure, but navigating the financial landscape—especially when it comes to getting the best currency exchange Australia has to offer—can feel overwhelming.  Whether you’re transferring your salary, paying for a home, or simply managing everyday expenses, understanding how to maximize your USD to AUD conversions is […]

How to Choose Among the Best Universities in Australia as an American

Raising a family in Australia

With world-class institutions, a vibrant international student community, and a unique approach to higher education, Australia offers incredible opportunities for U.S. expats. But how do you navigate the options and find the right fit for your academic and personal goals? In this guide, we’ll break down the essentials—from understanding the Australian university system and rankings […]

Can Foreigners Buy Property in Australia? What Americans Need to Know

Business and wealth management in Australia

If you’re an American dreaming of owning a slice of the Australian lifestyle—whether it’s a beachside apartment in Sydney or a cozy home in Melbourne—you’re not alone. But before you start browsing listings, it’s important to ask: can foreigners buy property in Australia? The answer is yes, but with some important rules, restrictions, and tax […]

Tax Loss Harvesting: A U.S. Expat’s Guide to Smarter Investing

Every investor hits a rough patch. But for U.S. expats, a dip in your portfolio isn’t just bad luck—it’s a tax opportunity in disguise. Tax loss harvesting is the strategy of turning your investment losses into real-life tax savings by offsetting capital gains and lowering your taxable income. It’s like spring cleaning for your portfolio—except […]

Schedule SE: What Independent Contractors Need to Know

If you’re a freelancer, independent contractor, small business owner, or expat subject to self employment tax, you’re probably familiar with the freedom that comes with being your own boss. But with that freedom comes a less glamorous reality: the responsibility to pay self-employment taxes. Unlike traditional employees, who share the cost of Social Security and […]

Schedule C: A Guide for Expat Freelancers & Small Business Owners

Given the flexibility and autonomy it offers, it’s no wonder that so many expats are small business owners, freelancers, independent contractors, or otherwise self-employed. But even though self-employment comes with benefits, it can complicate your tax obligations. Those with self-employment income are often subject to additional filing requirements, like Schedule C. While it might all […]

Portugal Golden Visa: What US Expats Need to Know

If you’re interested in growing your wealth while living in a safe, beautiful, and affordable country, it’s well worth considering Portugal’s golden visa. In exchange for investment funds of at least €250,000, you and your family can work, live, and study in Portugal for up to two years.  And as long as you stay in […]