Bright!Tax US Expat Tax Blog

Can US Expats Collect Social Security Benefits? 

US expat social security

When it comes to US expat taxes, there’s a lot to handle. Expats must file various forms depending on their situation (such as the FBAR or Foreign Tax Credit) and comply with strict IRS deadlines.  Something that may go over the heads of US expats as they file their tax returns, however, is Social Security. […]

What is GILTI? What Expats Need to Know About IRS Form 8992

US expat researches, "What is GILTI" on his computer.

Living abroad as a US expat can open you up to new opportunities – particularly when it comes to your career. Depending on your future goals, you may even decide to go into business for yourself. If you do, it’s important to understand how forming your own foreign corporation can impact your taxes, particularly with […]

US Taxes in the Bahamas: What You Need to Know

Bahamas tax haven

Ahh…The Bahamas. With beautiful sandy beaches, turquoise waters, world-class nightlife and dining, what more could a sun-craving American ask for?  And on top of its gorgeous landscapes and relaxed lifestyle, the Bahamas is an attractive country for many expats due to its low taxes.  This blog post will cover what taxes US expats in the […]

Renouncing US Citizenship: A Guide for US Taxpayers Abroad 

Renouncing US Citizenship

It’s common for many Americans living overseas and grappling with annual US tax returns to consider renouncing US citizenship. While factors like taxation often play a significant role in the choice to renounce, many expats also find themselves caught between the obligation to file taxes and the lack of knowledge to navigate the system effectively.  […]

How to Move Abroad From the US: An Unofficial Roadmap

Digital nomad with a map

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 […]

US Tax on Foreign Property for American Expats in 2022

Foreign Property American Expats

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 […]

The Top 7 Countries For Digital Nomad Visas in 2024

Best Countries for Digital Nomad Visa

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 […]