03/13/2017
Taxes are most probably the last thing on expats’ minds when they fall in love with a foreigner. Once the wedding bells have chimed and the dust has settled however, understanding the US tax implications should be on every American expat married to a foreigner’s to-do list. This will be the first time that you […]
03/09/2017
All US citizens and green card holders have to file a US tax return and pay US tax, whether they live in the States or abroad, and wherever in the world their income is earned or paid. This can expose many expats living and working abroad to the possibility of paying taxes both in their […]
03/08/2017
It has been estimated that there are several thousand Americans living in Bermuda. Living in Bermuda is an incredible experience for a number of reasons, including the the friendly people, the warm climate, and the incredible beaches. As an American expatriate living in Bermuda though, what exactly do you need to know regarding filing US […]
03/08/2017
It has been estimated that there are several thousand Americans living in Malaysia. Living in Malaysia is an incredible experience for a number of reasons, including the friendly locals, the climate, the freedom, and the variety of the different cultures. As an American expatriate living in Malaysia though, what exactly do you need to know […]
03/06/2017
Because the US taxes based on citizenship rather then residence, just like Americans living stateside, expatriates are still required to file a US tax return if they earn over around $10,000, or just $400 of self-employment income. Similarly, they must declare and pay US taxes on their worldwide income, although there are several exclusions that […]
03/02/2017
Like all US expats, American contractors working abroad are still liable to files a US tax return and pay US taxes, wherever they’re living and wherever their income is sourced or paid. Thankfully there are some exclusions available that can be used to reduce or eliminate their US tax liability, however these have to be […]
03/01/2017
It has been estimated that there are 4,000 Americans living in Nicaragua. Living in Nicaragua is an incredible experience for a number of reasons, including the quality of life, the friendly locals, the relaxed culture, and the beaches and landscapes. As an American expatriate living in Nicaragua though, what exactly do you need to know […]
03/01/2017
It has been estimated that there are several thousand Americans living in South Africa. Living in South Africa is an incredible experience for a number of reasons, including the cost of living, the friendly people, the economic stability, and the beaches, landscapes, and wildlife. As an American expatriate living in South Africa though, what exactly […]
02/27/2017
Americans expatriates who earn as little as $400 may still be required to file a US federal tax return to report their worldwide income, despite living abroad. They may also have further filing responsibilities related to FBAR and FATCA. Thankfully, most American expatriates can claim one or more exclusions though which remove them from US […]
02/23/2017
Of the estimated 9 million Americans living overseas, just 1.1 million of them filed a US tax return last year. As the US taxes based on citizenship, whether Americans live in the US or abroad doesn’t matter: if your income exceeds around $10,000 (or just $400 of self-employment income), you are required to file a […]