If you are a US expat, investing in foreign mutual funds might seem like a straightforward and attractive option. However, significant US tax complications are associated with non-US registered pooled investments such as mutual funds, which the IRS classifies as...
If you're a US expat living abroad and wondering whether to save for retirement in a local or US pension, or if you have acquired a foreign pension plan during your time living and working abroad, there are several important factors to bear in mind. As an American...
For adventurous Americans seeking to expand their horizons and embrace new opportunities, owning real estate abroad offers a gateway to diverse cultures, lifestyles, and investment possibilities. From sun-soaked beachfront retreats to historic urban dwellings and...
Sponsored by IAM and EuroAmerican Financial Advisors, leadings providers of financial planning and investment advice for American expats, the 2024 US Expats Financial Survey, aims to find out about the main financial questions and challenges facing US expats in 2024....
As an American living abroad, managing your finances can be challenging, especially when it comes to wealth and asset management. Working with a wealth manager who is familiar with the nuances of cross-border investment is the best solution to address the unique needs...
With according to some estimates nine million Americans living abroad subject to US taxation overseas, in this article, we aim to break down what citizenship based taxation is, the implications for American expats, strategies to mitigate double taxation, and some...
US expats face numerous financial cross-border challenges, including international estate planning. The first step to mitigating this challenge should be understanding the rules relating to domicile and residency, taxation, and asset distribution in both the US and...
Many American expats first find out about FATCA (the Foreign Account Tax Compliance Act) when they receive a letter from their foreign bank or brokerage asking them to confirm their US tax compliance. Receiving this letter is typically unexpected, and can also be...
As a US expat, retirement planning and investment decisions can be more complicated than for Americans in the States. Navigating two countries’ tax landscapes and understanding how different retirement accounts can be beneficially utilized is a central pillar of...
For expat investors, navigating both US and foreign investment rules alongside fluctuating exchange rates demands a nuanced understanding and management of risk. In this article, we delve into some essential considerations for US expat investors, offering insights and...
Tom Zachystal is President and Chief Investment Officer at International Asset Management, which specializes in financial planning and investment advice for Americans moving or living abroad. Tom has an MBA in Global Management from Thunderbird University in Glendale, Arizona, and holds the Chartered Financial Analyst (CFA) credential, and is a Certified Financial Planner™ (CFP™) practitioner. Tom has been providing investment advisory services to overseas Americans for over 20 years.
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