Bright!Tax US Expat Tax Blog

How to Move Your US Retirement Account Overseas

US retirement account overseas l

If you’re an expat, chances are you’ve toyed with the idea of moving your retirement account overseas with you. But how do you do it, and what does it mean for your taxes and reporting requirements?  The financial implication of moving your US retirement account overseas will depend on, among other things, the type of […]

Tax on Unearned Income: an Overview for US Expats

Tax on unearned income

When most people think about income taxes, they think about the taxes that are automatically withheld from their paycheck — or, if they’re self-employed, the quarterly tax estimates they pay to the government based on their expected earnings. While that does make up one component of income taxes, it’s not the only one. It’s important […]

How to Become an Expat: Tips to Plan and Prepare

How to become a US expat

More and more Americans feel the pull to explore life in another country. According to research by the University of Kent, over 33% of Americans aspire to move overseas in the future. As remote work has become more mainstream, many Americans enjoy many opportunities to travel abroad and explore new cultures simultaneously.  As exciting as […]

Dual Citizenship Taxes: A Guide for US Expats

dual citizens taxes US expats

Dual citizenship comes with many perks, like unrestricted permission to live and work in a particular country. It also often lets you benefit from that country’s social programs, vote, and pass citizenship onto your children. The not-so-great part? Dual citizenship taxes can be complex. Those with dual citizenship between the United States and another country […]

Small Business Owners & Form 1099-K: What You Need to Know

If you’re a business owner, freelancer, independent contractor, or otherwise self-employed, you may have already heard about Form 1099-K. While the form was first introduced in 2011, it’s made headlines in recent years for drastic changes in its reporting thresholds — which have changed yet again for 2024. Below, we’ll walk you through the basics […]

The 14 Best Countries to Retire in 2025

Best Countries to Retire in 2023

Whether you’re a typical nine-to-fiver or a member of the Financial Independence, Retire Early (FIRE) movement, many Americans are curious about the best countries to retire outside the US. For some, the idea occurs to them while on vacation. Maybe you’re sitting on a terraza in Seville, enjoying tapas and tinto de verano. As you […]

Behind the Rise of the Digital Nomad Lifestyle

digital nomad work anywhere

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 […]