Citizen-based taxation of US expats is a controversial subject and the annual survey carried out by Greenback Expat Tax Services shows it is the major issue for expats and is the major reason causing growing numbers to consider renunciation of their US citizenship. Nine million US expats live and work abroad, but since they...

The Taxpayer Advocacy Panel advocates on behalf of US taxpayers to the IRS to identify the issues of importance to them and make recommendations for improving IRS services.  Laura Snyder is the only international member of TAP.  Here she explains the role and workings of TAP and how taxpayers can contribute. Written by Laura Snyder,...

One of the members of the Expat Network community asked the following question about his duties to file to complete his renunciation of his US citizenship and we asked Greenback Expat Tax Services to respond to his query. Question: I renounced my US citizenship on January 17, 2019.  Since moving to Europe in 2010, I...

If you are thinking about buying property in America, Florida is a popular area for property investors around the world.  Benoit Properties provide their guide to buying in Florida. Taken from an article by Benoit Properties For investors looking to purchase an asset which is stable, offers good returns, and is well located, Florida...

I’m an expat who has been living abroad for seven years. As I’m married to a Belgian citizen, I’m also a Belgian resident with right to work in the EU. I would like to start my own business as a freelance copywriter but am wondering if it’s more beneficial to start a business in the...

Working in America remains an attractive opportunity for many.  Experience in the US market, the largest in the world, can be a real help in developing your career at home.  The lifestyle is another draw, whether it is in New York, the city that never sleeps, Chicago, the windy city, or in California, the sunshine...

America is the third largest country in the world with a population of 325 million. The country has developed from its native American roots following a series of waves of immigration and has drawn in people from all over the world.  As a result it is one of the most culturally diverse places in the...

Reports consistently point to the increasing numbers of Americans considering renouncing their US citizenship with the burden of citizenship-based taxation as the major driver.  Up until 2009 there were less than 750 people renouncing their US citizenship annually.  This increased to 1,500 in 2010 and continued to grow peaking in 2016 at 5,409 with a...

The basic principle is that Americans living and working abroad are subject to the same tax rules as those who remain in the US.  Americans are subject to US income tax on their worldwide income.  There are the additional reporting requirements of FATCA and FBAR (see Five Things American Expats Need to Know About Foreign...

If you are an American citizen or green card holder living abroad who has unreported assets and income, time is running out to take advantage of a critical Internal Revenue Service (“IRS”) tax compliance program. Written exclusively for Expat Network by Kevin Sweeney, Senior Counsel, Chamberlain Hrdlicka Here’s why. Effective September 28, 2018, the...

Greenback Expat Tax Services’ 2018 US Expat Opinion Survey,based on input from over 3,800 expats, highlights the unpopularity of the requirement for US expats to file US taxes while living abroad as well as concerns about their representation in the politics back at home. Greenback report that 67% of US expats do not believe there...

When moving to America there are a number of options for where you are going to be living and in what type of accommodation. While you explore the options it is often necessary to find temporary accommodation while you decide where you want to live long-term. While you find the solution there are a number...