12/13/2023
Globally-minded US entrepreneurs, location-independent contractors overseas, and freelancers abroad are trailblazers with unique tax needs: To understand how to file taxes for self-employed expats. Before any self-employment taxes (sometimes referred to as “SE tax“) are filed though, you’ll want to ensure that your global US tax strategy is maximum efficient. To accomplish this, you’ll need […]
04/25/2025
Americans have worked within a citizenship-based taxation system for well over 100 years. In other words, US citizens (as well as permanent residents) must report their worldwide income and file a federal tax return annually. Only in the last decade has this had any real impact on Americans living abroad. The Foreign Account Tax Compliance […]
03/28/2024
Wondering how to move abroad from the United States? You’re not alone. Whether you call it wanderlust, itchy feet, or travel fever, many people feel a calling to embark on adventures overseas. An estimated 5.4 million Americans live overseas, with more and more making the move every day. And with many countries having a lower […]
01/12/2025
Imagine living abroad for years, building a life in a new country—yet still needing to file taxes back in the US. That’s the reality under citizenship-based taxation (CBT), a system where Americans are taxed not by where they live, but by their citizenship status. Below, we break down what CBT means for expats, how it […]
10/06/2022
The purchase or sale of a home stateside can be challenging enough. Abroad, you also have to navigate the US expat tax reporting requirements, which can be a little confusing to say the least. As a US expat, you may already know that your worldwide income must be reported on your American tax return and […]
01/22/2024
Living abroad is a dream for many people — one that’s more attainable than ever thanks to the advent of the digital nomad visa. In fact, dozens of countries across five different continents now offer such visas. But with so many options, choosing just one can be difficult. Fortunately, we’re here to make your job […]
10/06/2022
The US is one of only two countries that uses a citizenship-based tax system rather than a territorial one. This means that the IRS taxes all US citizens, including dual citizens and Americans who live in other countries. So even if you already paid taxes in the country where you live abroad, if you are a […]
10/20/2022
A recent study suggests at least 12 percent of Americans have considered living abroad in older age and retirement, but often a myriad of distractions in our ever demanding world get in the way. With more than half a million retired American expats collecting social security benefits outside the US, it’s clear many push past […]
04/05/2022
The Bona Fide Residence Test allows Americans living abroad to claim the Foreign Earned Income Exclusion, as well as the Foreign Housing Exclusion or Deduction. Americans living abroad are still liable to file and pay US taxes, and the Foreign Earned Income Exclusion provides a way for Americans to exclude income earned while living abroad […]
10/06/2022
Americans who move abroad are required to keep filing US taxes, reporting their worldwide income. They may also have to continue paying US social security contributions, including self-employed expats who earn as little as $400 a year. Expats who meet tax residency criteria in a foreign country may also have to pay foreign taxes and […]