If you are an American expat and are being forced to close your US investment account, or would simply like to consider the services of a financial advisor specializing in US expatriate clients, I encourage you to contact us for a free, no-obligation, consultation. We have been serving clien...
person has a financial interest in, or signature authority over a foreign financial account, including a bank account, brokerage account, mutual fund, trust or other type of foreign financial account (including an insurance policy with a cash value such as a whole life insurance policy) ...
person has a financial interest in, or signature authority over a foreign financial account, including a bank account, brokerage account, mutual fund, trust or other type of foreign financial account (including an insurance policy with a cash value such as a whole life insurance policy) ...
Serena Fung is the Head of Content at Pacific Prime, a global insurance brokerage and employee specialist serving over 1.5 million clients in 15 offices across the world. With 6+ years of experience writing about the subject, she aims to demystify the world of insurance for readers with the ...
standard Federal Tax Return package isdesigned to cover the needs of most expats, at oneflat fee, with no surprises. It includes all standard expat forms (1040, 1116, 2555), all standardschedules (A, B, C, D, E), up to three Schedule K–1s, and up to 20 bank and brokerage...
But for expats, the minimum down payment is increased to a whopping 20%, if not 30%. If you have all that cash stacked up in your bank account overseas, how do you propose to send money so you can make the down payment in the US? A simple option is to use an internat...
person has a financial interest in, or signature authority over a foreign financial account, including a bank account, brokerage account, mutual fund, trust or other type of foreign financial account (including an insurance policy with a cash value such as a whole life insurance policy) ...
person has a financial interest in, or signature authority over a foreign financial account, including a bank account, brokerage account, mutual fund, trust or other type of foreign financial account (including an insurance policy with a cash value such as a whole life insurance policy) ...
Foreign financial accounts include bank accounts, brokerage accounts, mutual funds, trusts or other types of foreign financial accounts maintained with a financial institution. If you have specified foreign financial assets that exceed certain thresholds, you must also report those assets to the IRS on...
This rule applies to bank accounts , brokerage accounts, mutual funds, trusts, and a variety of other financial accounts. Note that $10,000 is the total. For instance, if you have $6,000 in a savings account at Bermuda Commercial Bank and $5,000 at HSBC Bank Bermuda, you are over ...