Expat banking, offshore banking, expat taxes and finance are all daunting issues for new expats. Our new Expat Finance guide is broken down into three sections: banking, tax & finance. Plus, our new Ask the Expert tool enables you to submit your finance questions.
Banking offshore and Expat banking are critical expat services. Moving overseas is not the same experience for every expatriate, and the articles below will help you evaluate what you need to successfully bank abroad.
It is critical to ensure one's financial house is in order prior to moving overseas. Article covers several common international assignee misconceptions with regard to expat finances.
The unrest in Libya, Bahrain and the tsunami in Japan are vivid examples of the unexpected dangers faced when living abroad. How would you move money, pay bills and conduct other necessary banking transactions if you were stuck in the middle of political unrest or living in a country that experienced a natural disaster?
Expats have a second amnesty period for 2011 during which they can report foreign bank accounts to the IRS. David McKeegan explains this initiative.
Crown discusses the benefits of banking offshore in a tax haven such as Luxembourg, Switzerland and the Channel Islands.
Expat tax is one of the most important aspects of managing one's finances after a move abroad. Do not neglect offshore tax issues or wait until the last minute to explore the financial implications of international living. The articles below will help you start your research into expat taxes.
The history of the FBAR goes back to the Bank Secrecy Act of 1970 and Title 31 of the US Tax Code. However, only recently the IRS has started to enforce the rules and even prosecute individuals.
Greenback Expat Tax Services shares ten tax tips for US expats preparing their 2012 expat tax returns and planning payroll deductions and withholdings for 2013.
The real result of Obama's 2009 HIRE Act has been the establishment of new tax reporting requirements that can leave those holding unreported foreign assets or bank accounts in big trouble with the IRS.
The United States Treasury Department is now actively working with more than 50 nations to share Americans' personal financial data that will reveal who is tax compliant, including American expats living overseas.
Expat finance requires proper research while living overseas. Expats are often exposed to offshore investment opportunities not available at home. The articles in this section provides basic overseas finance information to consider while living abroad.
Whatever your reasons for wanting to live overseas and enjoy a global lifestyle, one thing you can still count on, is that you will have to manage your finances. Lisa R. Mitchell discusses financial tips for expats.
David Kuenzi explains how to properly incorporate currency considerations into a sound, long-term investment strategy is much easier than commonly understood.
Kuenzi explains the complex concept of "currency risk" that often clouds investment and financial planning decisions for Americans abroad.
Manuel Perez covers more issues in his "My Money" series. This article covers identification needed to open bank accounts abroad, issue to avoid when selling a car, home or business and other topics.