All US persons having an interest or authority over a foreign bank or financial account must file a Report of Foreign Bank and Financial Accounts…
Estate Planning for Expats - Jun 10
We have recently posted a new article to our online Knowledge Library entitled, "The World of Estate Planning for US Expatriates" by R. Scott Jon…
In its quarterly "Global Prospects" research publication, the Centre for Economics and Business Research predicts that Europe, the U.S. and Can…
We are an independent investment advisor providing global wealth management services to families in the United States and abroad. We are specialists in investment management, tax strategies and financial consulting for American expatriates. We have deep experience managing global investment portfolios with an emphasis on risk management and tax efficiency. You can trust our experts to always work in your best interests, helping you meet your personal investment goals and objectives—no matter where they may take you.
Foreign Nationals in the U.S. Real Estate Market – Know Your Ground
Many foreign nationals living in the U.S. are attracted to investing in residential real estate. Before purchasing property in the U.S., however, it is important to plan carefully in order to avoid a series of tax and legal traps. This article seeks to outline the key planning issues and junctures that the sensible foreign national investor should consider before purchasing property in the U.S.
US Taxation of Foreign Currency Gains or Losses
U.S. tax treatment of gains or losses from exchanging U.S. currency for non U.S. currency (and back) is that the gain or loss on the currency exchange will be taxed the same as the underlying transaction.
Reporting Foreign Bank Accounts to the IRS
If you had a foreign bank account or any combination of foreign bank accounts in 2007 that exceeded $10,000 (in total) at any point in the year, you need to submit Form TDF 90-22.1, Report of Foreign Bank Accounts.
5 Financial Steps to Take Before Moving Abroad
Planning a move to another country is an exciting, but daunting undertaking which requires significant planning and preparation. There are many things to consider; where you'll live, where your children will go to school, arranging compensation agreements, and so on. So it's not surprising that new expats often fail to arrange their financial lives properly before making their move. This can be a costly mistake.