FATCA

The offshore accounts maintained in the Cayman Islands have been extensively covered in the media. The allure of offshore accounts is coming to end. On March 20, 2013 the Cayman Islands have announced that it would adopt FATCA. American expats who have never heard about FATCA should read What is...

American expatriates living abroad must be prepared for the upcoming FATCA changes in Germany and Norway. US citizens and green card holders should read What is FATCA to learn about the general FATCA guidelines. In January 2013 the United States have started to negotiate an intergovernmental agreement with Norway to...

American expats living in the Caribbean region should be prepared for FATCA. The Caribbean Community, CARICOM, is in the process of adopting measures to comply with the Foreign Account Compliance Act. To learn more about FATCA, please read What is FATCA. The Caribbean Community is complying with the FATCA The...

American expatriates in Chile should be prepared for possible FATCA changes. To learn more about FATCA, please read What is FATCA. The Chilean Association of Banks and Financial Institutions (the “ABIF”) requested the adoption of the IGA agreement between the USA and Chile. The main goal is to facilitate the...

American expatriates residing abroad must be prepared for the upcoming FATCA changes in South Africa. US citizens and green card holders should read What is FATCA to learn more about the Act. On February 8, 2013 the South African Revenue Service and National Treasury initiated negotiations with the USA in...