09/03/2020
Americans living abroad are required to file a US tax return the same as if they lived in the US, reporting their worldwide income. Fortunately, there are several IRS exemptions such as the Foreign Earned Income Exclusion and the Foreign Tax Credit that they can claim that prevent most expats from paying US tax (although […]
07/20/2020
Mexico is the most popular destination for US expats, and Yucatan is the most popular destination choice within Mexico. US expats living in Yucatan find themselves having to file both US taxes as a US citizens, and Mexican taxes as a Mexican resident though. Living in Yucatan is a great experience though.The climate, the exceptional […]
11/29/2024
It has been estimated that there are several thousand Americans living in Armenia. Living in Armenia is an incredible experience for a number of reasons, including the friendly locals, the climate, cuisine, and culture, and the quality of life. As an American expatriate living in Armenia though, what exactly do you need to know regarding […]
05/25/2021
It has been estimated that there are several thousand Americans living in Turkmenistan. Living in Turkmenistan is an incredible experience for a number of reasons, including the friendly locals, the climate, cuisine, architecture and culture, and the quality of life. As an American expatriate living in Turkmenistan though, what exactly do you need to know […]
12/14/2024
Most self-employed expats are already well aware of the deductions they can claim to help offset the cost of running their business. But many aren’t quite as familiar with the Foreign Housing Deduction (FHD), which helps self-employed expats offset foreign housing costs. Using the FHD along with other tax breaks can greatly reduce — or […]
05/25/2021
It has been estimated that there are several thousand Americans living in Sierra Leone. Living in Sierra Leone is an incredible experience for a number of reasons, including the friendly locals, the natural environment and wildlife, and the interesting expat community. As an American expatriate living in Sierra Leone though, what exactly do you need […]
05/25/2021
It has been estimated that there are several thousand Americans living in Brunei. Living in Brunei is an incredible experience for a number of reasons, including the friendly locals, the close-knit expat community, the natuaral environment, and easy access to other Asian countries. As an American expatriate living in Brunei though, what exactly do you […]
05/25/2021
It has been estimated that there are several thousand Americans living in Algeria. Living in Algeria is a fascinating if complex experience for a number of reasons, including the friendly locals, the culture, and the quality of life. As an American expatriate living in Algeria though, what exactly do you need to know regarding filing […]
05/18/2021
It has been estimated that there are several thousand Americans living in Bahrain. Living in Bahrain is an incredible experience for a number of reasons, including the beaches, the thriving expat community, the quality of life, and the history and culture. As an American expatriate living in Bahrain though, what exactly do you need to […]
09/03/2020
Over the last few years, millions of US expats have been asked by their foreign banks and investment firms to fill out IRS form W-9. Receiving form W-9 often causes surprise or alarm. While there’s no need to panic, there are a number of things that expats should know if they receive form W-9, to […]