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 no longer live in the UK, you may still be required to file a Self Assessment tax return with HMRC even if you’re a non-resident. This article was written exclusively for Expat Network by Go Simple Tax Tax rules for UK residents and non-residents can be different – one of the first...

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...

Expats generally have the right to transfer their pension abroad into a qualifying scheme. For some, the benefits of doing so are manifold. However, there are risks, and it’s fair to say that you need to tread very carefully when considering all your options, as a significant tax charge can apply in certain circumstances. Written...

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 you move to New Zealand there are household items concessions available that mean you will not have to pay GST and duties on most of your items. You cannot claim household concessions for: new and unused items cars scooters motorbikes boats aircraft commercial items. Other types of motor vehicle or craft. Clearing your items...

If you are moving to Canada it is important to understand the customs requirements for entry in to Canada.  We provide guidelines here but the Canada Border Services Agency (CBSA) website has a wealth of detailed information You will need two copies of an inventory of all the goods you intend to bring into Canada...

There are many financial issues that face those who are looking to move to Portugal. Many of these issues can be dealt with easily, provided you take advice from an expert in both Portuguese tax and tax law in your home country. Something that can save you tax in at home can have the opposite...

What are today’s options for expats with UK pensions moving to Portugal? When it comes to pensions, your long-term financial security is at stake, so you should take extreme care to do what is right for you and your family. Expats also need to consider the tax rules and implications in Portugal or your country...

France has a reputation as a high tax jurisdiction and while President Hollande was in power, some wealthy French nationals chose to move to the UK and Portugal, enticed by their fiscal sweeteners. But France can be a tax efficient place to live for retirees, providing you understand the tax implications of your specific situation...

Taking vehicles to Australia is possible but you should be clear on what is involved and whether it is worthwhile. If you plan to take your vehicle to Australia you will need to be realistic about what is involved and the costs of doing so.  The vehicle will need to comply with Australian design and...

The US IRS has announced that the Offshore Voluntary Disclosure Program (OVDP) will close in September 2018.  The OVDP was set up to allow US expats with potentially serious offshore compliance issues to avoid criminal prosecution and cap any exposure to penalties.  The IRS indicated that the reason was the ‘significant decline in the number...