Exiting the US tax system as a green card holder can be much simpler than a citizen's renunciation. There is no consular appointment, no oath, and no government fee. However, if you are not careful, it can trigger the exact same "exit tax" and complex reporting that...
The US exit tax is a potentially large tax bill that can hit when renouncing your US citizenship or green card. But with good planning, you can often completely avoid or at least minimize it. Exit tax applies a different set of rules to different asset...
In April 2026, the State Department cut the fee for renouncing US citizenship from $2,350 to $450, an 81% reduction that removed the most visible barrier to giving up an American passport. Consulates are already seeing more appointment requests, and if you're reading...
If you own a controlled foreign corporation as a US citizen, the term "GILTI" is no longer relevant. The “One Big Beautiful Bill Act” (OBBBA), signed into law on July 4, 2025 and effective January 1, 2026, removed it from IRC §951A entirely. It replaced GILTI with a...
A Self-Directed IRA (SDIRA) can be highly beneficial for many investors, as it allows for a wide range of investments that are not available in regular IRAs. From being able to invest in real estate abroad to the ability to obtain a loan from your SDIRA, a multitude...
With its corporate tax structure and e-Residency program, Estonia has become one of the most popular destinations to register a location-independent business in the past decade. Besides leveraging Estonia tax benefits, foreigners can access the European business...
The United States of America is the land of golden opportunity for many and draws immigrants from all over the world. The coveted Green Card not only opens the door to career opportunities but also to new tax obligations. Immigration tax planning, or better...
Puerto Rico offers tremendous tax incentives for its residents. Of course, you would have to meet certain requirements to become a Puerto Rico resident and be eligible for those low taxes. Are the tax benefits worth moving to Puerto Rico? This is Part Two of our...
Published May 2019, updated July 2020 There is no doubt that Puerto Rico taxes offer incredible incentives to move to the island. To benefit from the tax incentives you have to meet specific requirements though. Just declaring the US territory your new home is not...
Would you like to have more investment options for your retirement savings? Regular IRA investments are limited to stocks, bonds, mutual funds and CDs. A self-directed IRA however offers far greater flexibility. Its investment choices are not limited to the public...
You are a US citizen and entrepreneur living abroad. You’ve recently met with a team of tax lawyers and accountants who give you the perfect tax structure in your country of residence. But as a US citizen, how do you tax-optimize your business for both countries? This...
The United States real estate market shows no indications of losing its attractiveness to foreign investors. Investing in real property in the U.S. is relatively easy, with no material restrictions on who can purchase it. The U.S. tax implications for foreign-owned...