01/03/2022
Over a million Americans have retired abroad, and millions more aspire to. The most common benefits include a better climate, affordable healthcare, and a better standard of living on retirement income. The most popular destination for Americans retiring abroad is Mexico, due to the twin appeals of its proximity and affordability. Many folks move there […]
01/01/2022
Americans who move abroad are required to continue filing US taxes, reporting their worldwide income. This means that American citizens abroad often have to file two tax returns. The tax treaties that the US has with around 100 other countries don’t mitigate the risk of double taxation either, as they contain a ‘saving clause’ meaning […]
12/16/2021
The Bright!Tax Awards Committee is proud to announce that Natalie Heath has become the twelfth recipient of the Bright!Tax Global Scholar Award. The Award is a biannual scholarship for ambitious, inspirational young Americans who are studying overseas. Bright!Tax is the leading provider of US tax services for the 10 million Americans living abroad. Bright!Tax founder […]
12/09/2021
The United States has an unusual tax system compared to most other countries, in that it taxes all US citizens on their worldwide income, regardless of where in the world they live. Most other countries either tax just residents, or only folks with income sourced in the country. The US tax system however requires all […]
12/02/2021
Many Americans living abroad in 2022 are unaware or confused about their US tax filing obligations. The US tax system is unusual, as it taxes based on citizenship. Almost every other country either taxes based on residence (so only people living in that country have to file taxes there), or taxes based on income arising […]
12/01/2021
It has been estimated that there are 60,000 Americans living in Colombia. Colombia remains a popular destination for American expats, thanks to its laid back culture, colonial architecture, history, and beaches. As an American expatriate living in Colombia though, what exactly do you need to know regarding filing US expat (and Colombian) taxes? All US […]
12/01/2021
Many American expats are surprised to learn that they have to report their global income on a US tax return every year, often as well as having to file foreign taxes in their country of residence. They have to file a US return because the US taxes all of its citizens (and green card holders), […]
11/30/2021
There are an estimated several thousand Americans living in Portugal. Living in Portugal is an wonderful experience for many reasons, including the friendly locals, the climate, the beaches, and the quality of life. Many Americans have chosen to take advantage of Portugal’s Golden and D7 visas in recent years. As an American expatriate living in Portugal though, what […]
11/30/2021
There are an estimated 30,000 Americans living in the UAE. Living in Dubai and the UAE (United Arab Emirates) is an incredible experience for a variety of reasons – the architecture, culture, nightlife, and shopping to name but a few. As an American expatriate living in Dubai or the UAE though, what exactly do you […]
11/30/2021
It has been estimated that there are 30,000 Americans living in the Bahamas. Living in the Bahamas is an ever-popular choice for American expats, on account of the laid back culture, the climate, the beautiful beaches, and, of course, the tax advantages. As an American expatriate living in the Bahamas though, what exactly do you […]