Expat Guide

IRS Revenue Ruling in regards to Fideicomiso or so-called Mexican Land Trust has been a welcome development for many American expats in Mexico. Fideicomiso trust has been a popular topic among American expats living in Mexico. In 2012 and the beginning of 2013 many Americans in Mexico received the IRS...

Obamacare has introduced many changes for Americans effective in year 2013. The Supreme Court adopted the US Patient Protection and Affordable Care Act (PPACA) in June 2012. Many provisions of Obamacare will affect mostly US citizens and green card holders residing in the USA. For example, effective January 1, 2014...

American expats living abroad use the foreign income exclusion, foreign housing exclusion or foreign tax credit to minimize US tax liability. However, 3.8% Medicare tax on net investment income might expose US expats to double taxation on net investment income (NII) effective in a tax year 2013. Specifically, the foreign...

The US Patient Protection and Affordable Care Act (PPACA) or so-called “Obamacare” was upheld by the Supreme Court in June 2012. Earlier we wrote an article about Obamacare and American Expats. American expats living overseas are exempt from a penalty tax and from the requirement to obtain a health insurance...

The IRS announced foreign housing costs eligible for 2013 foreign housing exclusion or deduction. American expats are aware that they can minimize US tax liability by claiming the foreign income exclusion, foreign housing exclusion and foreign tax credit (for overseas taxes paid). However, it is important to understand the type...