Personal Finance & Money Stack Exchange
Personal Finance & Money Stack Exchange

Questions tagged [expatriate]

15 questions
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Letting Agent proposes relative to rent my house

We live abroad and rent out our family home in the UK. It is managed by a firm of Letting Agents with whom we have a good relationship. The current tenant is apparently about to give notice that they will move out within the next month or so, and so…
user432
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What investments for US expats don't trigger taxes on unrealized gains

As is well known, if you are a US citizen but don't live (or even never have lived) in the US, investing is complicated. Most investment capital gains are taxed in both countries. Even worse, if you invest in a mutual fund where you live, the US…
WetlabStudent
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I just mailed my 2020 federal tax return with my NRA spouse's SSN left blank. What outcome should I expect & what course of action should I take?

I am a US citizen living in the UK with my British husband. I file my taxes as married filing separately and my husband is not required to file with the US so has no SSN or TIN. I sealed up and mailed the return before writing NRA in the space for…
button007
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What's the fastest and most cost effective way to build credit as a newly arrived immigrant with a good income?

What's the fastest and most cost effective way to build credit as a newly arrived immigrant with a good income? Context: I'm emigrating to the US under an L1 visa and will have a good salary in a big company. Don't want to pay high interest when…
marianov
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Mailing US treasury check to the US bank from abroad (Germany)

I have received my US tax refund as a check from IRS to my foreign address. I asked my US bank how can I deposit it and, since the amount of the check exceeds my online mobile deposit limit of $10k, they told me that I can mail the check to them and…
n0t33p
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UK inheritance tax for Jersey-born British passport holder living overseas?

I was born in Jersey, where there is no inheritance tax. I have a full British passport which doesn’t have the page about being a crown protectorate because it was issued in Beijing. I have never been tax resident in the UK, but I do own some UK…
Snowman
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Where do I pay taxes on stocks which I sell from options that are granted to me? (Netherlands, Belgium)

I am an expat and I travel and move to different countries quite frequently. I am working for a company that plans to IPO at some point soon. Currently, I am in Belgium, however, I will move to the Netherlands this move permanently to be near my…
Alexander Sinno
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Challenges Faced by US Expat in Germany: Seeking FATCA-Compliant Investment Solutions

I have been a US expat in Germany since 2005, aiming to establish an investment portfolio here. Regrettably, I've encountered obstacles preventing me from doing so. As a US citizen living in Germany, I struggle to find a financial institute willing…
hopeman
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IRAs for US citizens who are non-US residents

I am a US citizen residing in the UK (for the long term). I understand that I can legally invest in a Roth IRA; however, it seems very difficult to actually open one that will allow me to do so with a foreign address as a primary residence. (I think…
Andrew Jaffe
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Automated/Least Painful Backdoor Roth IRA + Nuanced Questions

As quick background, I'm an expat that has been living abroad for the past 8+ years, and have been and continue to be ineligible to contribute to an old Roth 401k that I still possess with my previous US employer. I now want to start contributing…
Mark Z.
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How can one plan ahead to avoid the taxes stemming from becoming/being a "covered expatriate”?

When discussing the indication of renouncing one's US citizenship or US lawful permanent residency (= green card), I was told that: There will be an exit tax if you relinquish and you were 1) a US citizen, or 2) a long-term resident, which means a…
Franck Dernoncourt
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Must I report my foreign IRA as a US citizen living abroad?

I live abroad as a US citizen in my native country. I still keep my native citizenship as well and here we can open an IRA, with matching from government which is a pretty good deal. There is a tax treaty between the country where I live and the…
upstream
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How can I hold USD in a stable investment as an American living abroad?

I'm an American citizen living in Germany. I currently still have USD held in a Wells Fargo checking account. I no longer have any USD income, however. This account is static. I intentionally have kept this money there to be able to A) hold USD…
turanc
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Currency hedging for intra-month expense FX rate risk as a US expat = only net drag?

I've been curious for a long time now about a specific hypothetical scenario for my personal situation. I'm a US citizen living and working long-term in Switzerland, and I've kept most of my day-to-day spending (groceries, travel, etc.) in US credit…
Connor Benton
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Taxes for retired American expat in Egypt?

I'm not in Egypt currently; I'm just researching the implications of many possible countries. NO plans of working: my retirement income¹ is more than enough to live on in many countries. I've found several web pages, some say nothing at all; others…
WGroleau
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