All US citizens mustfile a US tax returnregardless of where they live in the world. On top of this, Americans living in Costa Rica may also be subject to Costa Rican taxation. In addition to US taxes, expats in Costa Rica may also need to file Costa Rican tax returns. Costa Rican res...
The cemetery in Atenas, Costa Rica, a small town in the mountains that line the country’s lush Central Valley, contains hundreds of flat white crypt markers laid out in neat rows like mah-jongg tiles, extending in every direction. On a clear afternoon in April, Álvaro Salas Chaves, w...
Implementation of FATCA Causes Headaches for Expats It has become increasingly difficult for U.S. citizens to open bank accounts overseas. The reason is that the IRS has started to implement the Foreign Account Tax Compliance Act, or FATCA for short. FATCA was passed in 2010 in an attempt to...
Keep in mind the IRS won’t let you “double dip” by using both the FEIE and Foreign Tax Credit for the same income. However, some expats can use oneexpat tax exemption, exclusion, or credit for some income (say, the FEIE for the first $126,500) and use a different one for their...
The common narrative of coincidental migration among these immigrants was constructed in response to the growing criticism of the US Americans' presence in Costa Rica. More significantly, it testifies to the predicament of these US expats, many of whom identified with the 1960s counterculture in ...
The survey found that all US cities have increased in the ranking, making it less affordable for employees, particularly for expatriates (expats) who move to the US for international assignments. As many global companies with US operations source a significant part of their workforce outside the ...
But, the good news for retirees, is healthcare overseas often proves to be a fraction of the cost it is in the U.S. In fact, some medical expenses abroad can be so low that many expats find it easier to pay out of pocket, rather than use medical insurance. And not only that, in...
There are a huge number of local and international banks to choose from in China. Here are just a few of the best options for US expats: Bank of China China Construction Bank Industrial and Commercial Bank of China (ICBC) All have large networks of branches and ATMs across the country, ...
creating and running the Panama portal. Becoming frustrated with the lack of reliable information about her new hometown, Debbie began to collaborate with experts and locals in the community to create a website together, that would provide useful information and resources for locals, expats, and th...
You can stay in Mexico or Costa Rica for six months, for instance, Albania or Georgia for a year. In a whole lot of other countries, you can stay for 90 days. Then there are a slew of countries that have launched some kind of digital nomad visa. This is basically a visa for remote...