09/13/2017
It has been estimated that there are several thousand Americans living in Liechtenstein. Living in Liechtenstein is an incredible experience for a number of reasons, including the hospitable locals, the cultural attractions, the countryside, and the quality of life. As an American expatriate living in Liechtenstein though, what exactly do you need to know regarding […]
09/11/2017
It has been estimated that there are several thousand Americans living in Pakistan. Living in Pakistan is an incredible experience for a number of reasons, including the local hospitaity, the history and culture, the countryside and wildlife, and the exotic cuisine. As an American expatriate living in Pakistan though, what exactly do you need to […]
09/11/2017
Imagine this: you’re living your dream life abroad, soaking up a new culture. But then tax season rolls around, and suddenly, you’re hit with a double whammy – filing taxes in your new country AND back in the US. Overwhelming, right? Well, we’ve been there — and that equipped us with enough experience to put […]
09/07/2017
FBARs (Foreign Bank Account Reports) have been a filing requirement for Americans with financial accounts overseas that meet the criteria since the Bank Secrecy Act of 1970. It has only been enforced for the last few years however, since the 2010 Foreign Account tax Compliance Act (FATCA) obliged foreign financial institutions to pass details about […]
09/06/2017
It has been estimated that there are several thousand Americans living in Monaco. Living in Monaco is an incredible experience for a number of reasons, including the climate and beaches, the security and health care, the low taxes, and easy access to the rest of Europe. As an American expatriate living in Monaco though, what […]
09/04/2017
It has been estimated that there are several thousand Americans living in Lithuania. Living in Lithuania is an incredible experience for a number of reasons, including the history, architecture and culture, the countryside, and having the rest of Europe on your doorstep. As an American expatriate living in Lithuania though, what exactly do you need […]
09/04/2017
Inpats, or inpatriates, are foreigners who have been transferred to work in the United States. So in a sense, inpats are also (from the perspective of their country of origin) expats. As individuals working in the States, inpats normally become subject to the US taxation system. This is probably the first time they’ll encounter the […]
08/31/2017
All Americans are required to file US taxes and report their worldwide income, wherever in the world they live. Thankfully there are a number of IRS exemptions that can be claimed to reduce or eliminate US tax liability for expats, however even if no US tax is owed, expats still have to file an annual […]
08/30/2017
It has been estimated that there are several thousand Americans living in Estonia. Living in Estonia is an incredible experience for a number of reasons, including the history and culture, the world-class connectivity, and the countryside and islands. As an American expatriate living in Estonia though, what exactly do you need to know regarding filing […]
08/28/2017
The USA is almost unique in taxing US citizens even when they live abroad. This means that expats who earn over $10,000 ($10,300 for 2016, to be precise, or just $400 of self-employment income) are required to file a US federal tax return, regardless of where their income originates, or whether they are also paying […]