Resource Center

Enabling the Future by Supporting Innovation: Bright!Lights Project Donates to the United Brain Association

04/19/2024

At Bright!Tax, we believe in leveraging our resources to foster a brighter future. Through our Bright!Lights project, we channel our commitment to philanthropy by supporting initiatives that not only promise innovation but also have a profound impact on global well-being. Each project under Bright!Lights is carefully selected to ensure that our contributions meaningfully advance community […]

Retire in Costa Rica: Visas, Healthcare, Taxes, & More

04/10/2024

Americans looking to move to a beautiful, safe, and relatively affordable country in their golden years may want to retire in Costa Rica. Whether you want to relax, go on adventures, or indulge in a bit of both, Costa Rica’s got you covered. And with a dedicated retirement visa, moving there is much more attainable […]

Your Complete Guide to Budgeting as a Digital Nomad

04/09/2024

Budgeting as a digital nomad can be tricky, but it’s essential. Travel expenses can add up quickly, and you don’t want to run out of funds in a foreign country. That said, it’s definitely possible to travel — even for an indefinite amount of time — without breaking the bank. Below, we’ll go over everything you […]

Best Countries to Teach English & Save Money as a US Expat

04/03/2024

Exploring the best countries to teach English and save money? You’ve come to the right place to learn about the top locations around the world for those looking to travel, make money, and pursue a rewarding career. With quite a few countries offering high salaries, low taxes, a low cost of living, and sometimes even […]

Italy Digital Nomad Visa: Your (Updated!) 2024 Guide

03/28/2024

Italy’s digital nomad visa has had buzz around it ever since the government first announced plans to offer one in March 2022. Between the country’s fascinating history, beautiful vistas, and incredible cuisine, it’s no wonder Italy is the fifth most-visited country in the world. For a long time, however, would-be applicants were in the dark […]

Understanding FBAR Filing: Should You Include Online Banks?

03/21/2024

As a digitally savvy expat, you likely have some experience with money service providers and payment systems like Wise, PayPal, and others. And it’s all fun and games until it’s time to file your FBAR (Report of Foreign Bank and Financial Accounts), the annual disclosure of your foreign financial accounts held outside the US. Generating […]

Beckham Law in Spain & How It Affects US Expats

03/20/2024

For Americans considering or planning a move to Spain, reading up on the Beckham Law is a must. This special tax regime can offer significant tax cuts on Spanish-sourced income and exclude most worldwide income from Spanish taxation. Altogether, this can result in major savings on your tax bill. But who exactly qualifies for Beckham […]

Panama or Costa Rica: US Expat Property Buying Guide

03/20/2024

Which country is better for investing in real estate, Panama or Costa Rica? Americans looking to move abroad while staying within the North American continent are increasingly asking this question. Both Latin American countries offer tropical climates, unspoiled nature, and vibrant expat communities. Of course, the two countries differ in some key ways—these differences are […]

5 Superb Low-Tax Countries for US Expats

03/15/2024

If you’re an American looking to move abroad, it makes sense that you would be interested in setting up in the lowest tax countries for expats. After all, the United States extends its definition of tax residency to all citizens and permanent residents. You won’t want to add too much tax liability on top of […]

Moving Abroad: Should I Rent or Sell My House as an Expat?

03/01/2024

It’s one of the most common questions among soon-to-be US expats: If I’m moving abroad, should I sell or rent my house? Selling your house outright can take a load off your mind, but renting it out allows for a stream of steady rental income. Ultimately, the best option for you depends on your situation: […]

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