05/15/2017
The numbers of American expats renouncing their US citizenship has risen exponentially over the last few years. Before 2008, typically just a few hundred Americans a year renounced their citizenship, whereas in 2016 the figure exceeded 5000 for the first time. The reason why the number of renouncers is rising so fast is American’s citizenship […]
05/09/2017
We’re immensely proud to announce that Bright!Tax has been named US Expat Tax Provider of the Year at the 2017 FEM EMMA Awards. The prestigious EMMA awards recognize the best firms working in the global mobility industry based on superior service and innovation. This year’s EMMA winners were announced on May 4th at an exclusive […]
05/01/2017
Americans living abroad are still required to file US taxes and declare their worldwide income. They may also have to pay US taxes, regardless whether they are also paying foreign taxes, though most expats claim one or more of the IRS exclusions available to expats that reduce or eliminate their US tax liability. Claiming these […]
05/01/2017
It has been estimated that there are several thousand Americans living in Poland. Living in Poland is an incredible experience for a number of reasons, including the friendly locals, the landscapes and architecture, and having the rest of Europe on your doorstep. As an American expatriate living in Poland though, what exactly do you need […]
04/27/2017
All Americans are required to file and pay US taxes, declaring their worldwide income, wherever in the world they live. The US is the only major country that requires its citizens to file a tax return even if they are expatriates. Thankfully, there are several exemptions that US expats can claim that reduce or eliminate […]
04/26/2017
It has been estimated that there are several thousand Americans living in Indonesia. Living in Indonesia is an incredible experience for a number of reasons, including the friendly locals, the climate, the delicious food, the low cost of living, and the exotic culture. As an American expatriate living in Indonesia though, what exactly do you […]
04/24/2017
The Streamlined Procedure and the OVDP (Offshore Voluntary Disclosure Program) are both IRS amnesty programs that allow American taxpayers who are behind with their US tax filing to catch up. They are very different though, and once you have filed using one, you can’t change your mind and use the other, and using the wrong […]
04/20/2017
DeVere Group, the financial advisory firm, has launched into the fintech sector by introducing a global e-money app called deVere Vault that offers banking services aimed at expats, Digital Nomads, and other internationally-mobile individuals. Nigel Green, founder and CEO of deVere says: “The launch of our challenger bank, deVere Vault, is the latest move to […]
04/17/2017
The Netherlands is an exhilarating destination for Americans living abroad. A small country but with a unique and proud history, the Netherlands today is characterized by modern, tolerant values, a positive outlook, and an abundance of bicycles! As an added bonus, almost everyone speaks great English. With the US dollar currently strong, it’s a good […]
04/13/2017
US expats are the new American pioneers, traveling to and living in every corner of the world. If considered as a single community, they would be the eleventh largest state by population. Many Americans living abroad start a small businesses. For some it’s a business with physical premises such as an office, shop of cafe, […]