Americans Moving Abroad

For American citizens (or green card holders) living and working abroad, managing their U.S. filing requirements can be cumbersome.

Compliance challenges are even more significant since the introduction of the Foreign Account Tax Compliance Act (FATCA).

Under FATCA a number of foreign jurisdictions will automatically report bank account information of a U.S. resident taxpayer (U.S. Person) to the Internal Revenue Service. The significant penalties for non-compliance can be very costly.

Asena’s U.S. tax team can assist U.S. taxpayers not only with U.S. tax laws – we can also ensure that clients are properly advised about the use of foreign companies or trusts to ensure their income tax positions are the most efficient for their personal circumstances.


Have a question?

Contact us today to arrange your no obligation consult.

Question

  • This field is for validation purposes and should be left unchanged.

News and Updates

Family Office Wealth Management Wealth management is integral...

In our 9th episode of the Family Office...

Family Office Financial Services Family office financial services...