The “mid-terms” – Congressional and state elections – will be held in the US in November: primaries and special elections are already underway. Every vote counts, especially while margins of victory remain narrow (a few hundred in recent state election in Virginia – 9 for one state...
Unfortunately the US continues to tax many savings vehicles used by foreign retirement accounts disadvantageously (PFIC rules). We are working on raising awareness of this unfair practice in Washington. In some of the recently negotiated Intergovernmental Agreements, like in Switzerland, many foreign retirement programs are exempted from FATCA reporting. In some, but not all, countries some form of similar treatment...
Retirement planning while living abroad is never easy but it's very important! Here are some links to get you started. And please remember some of the information below is country specific.
Start Here!
US Tax Guide for Americans Retiring Abroad PDF: 10 things every retiree needs to know about Social Security, investments, insurance and cost-saving deductions, credits and exclusions
Basic...
Thun Financial Services advises Why Americans Should Never, Ever Own Shares in a Non-US Incorporated Mutual Fund PDF (128 KB)
Not sure where to start? Let us help! Below are some great resources with basic information, suggestions and tips for working on your financial strategy. They are all from outside consultants so all links will take you to their websites and information.
A Financial Guide For the American Expatriate
Timberchase Financial, includes a handy PDF guide