Expat Exchange
Free MembershipSign In

Norway Expat Forum

U.S. Estate Tax for Non-Resident, Foreign Spouse

New Topic Newest First
EuroBob
  11/14/2016 07:53 EST

It has just come to my attention that the U.S. will severly tax my estate before my non-resident, foreign wife receives any of the inheritance.

Is there a way to legally reduce the amount of estate tax which is owed?

Is there a company in Norway which works with U.S. estate taxes?

Jonty
  12/7/2016 12:10 EST

Why select Norway? You need to set up offshore trusts, maybe shell companies.

Allianz CareAllianz Care
Get Quote

Allianz Care's plans ensure that you have access to quality healthcare whenever you need it. Our flexible solutions allow you to tailor your cover to meet your needs and budget. You can submit your claims digitally and our helpline is available 24/7 to help you anytime.

Allianz CareAllianz Care

Allianz Care's plans ensure that you have access to quality healthcare whenever you need it. Our flexible solutions allow you to tailor your cover to meet your needs and budget. You can submit your claims digitally and our helpline is available 24/7 to help you anytime.
Get Quote

EuroBob
  12/9/2016 01:54 EST

I am a U.S. citizen residing in Norway.

I live in Norway with my Filipina wife.

I am seeking information regarding what type of taxes may be incurred on my estate after my death and as my assets are inherited by my wife.

I have assets both in the U.S. and in Norway.

I believe that my U.S. assets will be under 2 million at the time of my death, so I hope this means that those assets will not be taxed by the U.S.

Will Norway tax estate assets in Norway?

Will Norway tax what my wife inherits?

Jonty
  12/9/2016 07:31 EST

I could work on this for you but it would take hours of work. My advice? Sell everything before you die and get rid of the problem. You should have declared foreign assets to Skatteetaten. You and your Filipino wife are RESIDENT in Norway. You pay Norwegian tax. Are you both of the Folkregister?

Storing wealth as gold IN THE SHORT TERM has advantages but transporting the wealth over borders is a problem. There are also other issues.

EuroBob
  12/9/2016 07:48 EST

Yes, we are residents of Norway.
Yes, of course we are registered with the "Folkeregister" and pay our Norwegian taxes.
I have to speak with the Norwegian tax authorities regarding declaring my foreign assets. Since I am a U.S. citizen and report/pay the U.S. for income made from the foreign assets, it never occured to me that I had to speak with Norway about the U.S. assets.
If I have the chance to pass everything shortly before I die, that would be fantastic.
Sometimes the end of life is as quick as a heart attack or being hit by a car.

Khb
  7/26/2017 10:48 EST

Hi - I am a us citizen living in the us with a Norwegian husband that is not a us citizen, but has a green card. Our financial advisor advised that if I die and my husband does not become a citizen, that our estate will be taxed heavily - because the US doesn't want him to leave with the money and not be a US citizen. We could also set up a legal gaurdian - but it is complicated. So, I imagine there will be tax consequences in your situation. It will be interesting to see what you find and hopefully post here. Hopefully there is a simple work around.

Allianz Care
Allianz Care

Flexible solutions allow you to tailor your cover to meet your needs and budget. Use Promocode: LIFE10 and get 10% off your international health insurance for life!
Get Quote

Allianz CareAllianz Care

Flexible solutions allow you to tailor your cover to meet your needs and budget. Use Promocode: LIFE10 and get 10% off your international health insurance for life!
Get Quote

Living in Norway GuideLiving in Norway Guide

Guide to Living in Norway covering expat life, local culture, finding a home, diversity and more.

Norway Forum Norway Forum
Join our Norway forum to meet other expats and talk about living in Norway.

Contribute to Norway Network Contribute
Help other expats and newcomers by answering questions about the challenges and adventures of living in Norway.

Best Places to Live in Norway Best Places to Live in Norway

If you're dreaming about living in Norway, here are the 15 Best Places to Live in Norway in 2023.

Expat Healthcare Advice in Norway134 Expats Talk about Healthcare & Health Insurance in Norway

Expats living in Norway talk about their own experiences with healthcare, hospital visits, emergencies, finding a doctor, buying health insurance in Norway and more.

Cost of Living in NorwayCost of Living in Norway

Expats offer insight into the cost of living in Norway.

Moving to NorwayMoving to Norway Guide

Expats in Norway report a life abroad in a country to which it can be difficult to adapt. However, if you have the right situation and persevere, the natural beauty and hard won quality friendships can be quite rewarding.

Real Estate in NorwayReal Estate in Norway

Real estate listings in popular cities and towns in Norway.

Pros Cons of Living in NorwayPros & Cons of Living in Norway

Take off your rose-colored glasses and learn what expats have to say about the biggest challenges and the greatest rewards of living in Norway.

Retiring in NorwayRetiring in Norway

Advice for people retiring in Norway.

10 Tips for Living in Norway10 Tips for Living in Norway

If you've recently arrived in Norway, here are 10 tips for digital nomads living in Norway.

Allianz Care
Allianz Care

Flexible solutions allow you to tailor your cover to meet your needs and budget. Use Promocode: LIFE10 and get 10% off your international health insurance for life!
Get Quote

Allianz CareAllianz Care

Flexible solutions allow you to tailor your cover to meet your needs and budget. Use Promocode: LIFE10 and get 10% off your international health insurance for life!
Get Quote

Contribute to Norway Network Contribute
Help others in Norway by answering questions about the challenges and adventures of living in Norway.

GeoBlue
GeoBlue

Copyright 1997-2024 Burlingame Interactive, Inc.

Privacy Policy Legal