expat network
IRS Tax Penalties

What U.S. Expats Should Know To Avoid Thousands In IRS Tax Penalties

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...

child tax credit

The Child Tax Credit For Expats

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...

U.S. Expat Tax Filing In 2022 – What You Need To Know

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...

Everything You Need To Know About Renouncing U.S. Citizenship

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...

Work As An American Expatriate

Still At Work As An American Expatriate

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...

How To File Taxes As An Expat

Tax Filing 101: How To File Taxes As A US Expat

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...

Tax Preparation In The U.S.

Tips And Tricks On Tax Preparation In The U.S.

One of the best things about being a United States citizen is that you get to enjoy many constitutional rights and benefits. Well, this is as long as you abide by the law and, of course, pay your taxes as you should when they are due. As a matter of fact, tax evasion is...

401(K) Or IRA At Risk

Is Your 401(K) Or IRA At Risk If You Don’t Live In The USA Anymore?

As working from anywhere becomes more and more acceptable globally, it is understandable that many US citizens are opting for working or living abroad. In 2015 alone, there were an estimated 181,000 US citizens living just in the UK. Fast forward six years, with a pandemic expediting the working nomad lifestyle globally and foreign...

estate planning

Estate Planning For U.S. Citizens Living Abroad

Let’s face it, estate planning can get quite complicated, especially if you are a U.S. citizen living in a foreign country. There are tons of different legal procedures you have to follow and documents you have to prepare, and let’s not forget the two different sets of taxes and regulations you must comply with....

Citizen-Based Taxation

US Expats Want Repeal Of Citizen-Based Taxation

Every year, Greenback surveys US expats on key aspects of life abroad. In 2021, over 3,100 US citizens living overseas shared their opinions on US expat taxes, foreign financial reporting, the Coronavirus pandemic, remote work, and more. Here Greenback report the results. Why do expats live abroad? The majority of expats choose...

Things for U.S. Expats to Know at Tax Time

4 Things For U.S. Expats To Know At Tax Time

The pandemic has changed nearly every American’s life, including U.S. expats, and while these changes could impact their 2020 taxes, with changes to international travel and residency, U.S. expats may have different considerations to take into account than their friends and family back in the U.S. Written exclusively for Expat...

Tax free

7 Countries Where You Can Live Tax Free

Why establish tax residency? With most Western countries around the world having marginal tax rates upwards of 30-40%, it is not surprising that second residencies and passports are on the rise as people begin looking for low tax alternatives. Written exclusively for Expat Network by Mark John of Offshore Protection Thanks in large part...