The latest survey results from Greenback Expat Tax Services reveal a complex and evolving landscape for American expatriates, as they face an array of regulatory and financial challenges. Notably, 1 in 5 US expats are contemplating or planning to renounce their US citizenship, and an alarming 42% are not dismissing this drastic measure. This data,...

The US Government’s Covid Stimulus initiative offers a tax silver lining to US Expats and Green Card Holders.  Those with children could receive a double tax windfall in the form of Child Tax Credit.  Tax returns need to be filed by June 15th to take advantage of financial benefits. UK-based US citizens and green card...

U.K. expats living in the U.S. must deal with the same tax obligations as any American citizen, regardless of whether they reside in the country permanently or temporarily. The IRS taxes U.S.-source income for all taxpayers who have established a “tax residence” in the United States and requires that expats file a tax return...

As a digital nomad, where you pay taxes depends on your country of residence. According to United States laws, if you are an American citizen, you are still responsible for paying your self-employment tax on your income, no matter where you live. The US is one of the few countries in the world that...

Making key financial decisions for your business is hard enough as it is, but money matters become increasingly complex when you start throwing in tax terminology and filing practices. But if you’re setting up an online business, it’s a good idea to speak to a professional accountant before submitting your small business taxes in...

Are you ready to file your U.S. tax return? In this article we’ll dive into the tax benefits and credits available to U.S. expats, to help you make sure you’re getting every deduction and credit you deserve. Written for Expat Network by Eric Scali, Region Tax Manager for H&R Block...

It’s that time of year again—are you ready to file your U.S. tax return? Filing while stateside can be complex enough, and expats have a few extra layers of complications added. In this article we’ll dive into the IRS tax penalties common to U.S. expats, and tips to avoid them this year and in...

The Child Tax Credit is a significant tax benefit available for American families with children, and in many cases US expat parents living and residing outside of the US can take advantage of the credit, even if their US tax liability is zero.  Written exclusively for Expat Network by John...

Tax season is here once again, and if you’re a U.S. citizen residing outside of the United States, you may not have to pay a tax bill when you file your taxes, but you still have to file. In this article, we’ll look at what’s going to be new for U.S. expat tax filing...

Section 349(a)(5) of the Immigration and Nationality Act (INA) covers the loss of nationality under various circumstances, including the voluntary act.  Although permissible, there can be dire consequences if it’s taken lightly. Therefore, in this article, we briefly cover all the aspects of renouncing citizenship so that you can make an informed decision.  Why...

The idea of living an expatriate life has always seemed exciting, exotic and alluring. That was before the nations of the world closed their borders, reopened them and—sometimes—closed and reopened them again. Also, that was before a large percentage of the American workforce realized it could accomplish its work without going to work.  What...

Expats who live and/or work in a country other than their home country generally do so temporarily and often for work purposes.  US expats must still file their tax returns in the US even if they become liable to tax in the new home country.  This guide sets out how to file taxes as...