How Does the 2021 US Tax Deadline Change Affect Expats?
On March 17, the Treasury and the IRS announced that the 2021 federal income tax return filing deadline for individuals was being moved back to May 17 for filing 2020 taxes. The new due date is May 17 rather than May 15 because May 15 falls on a Saturday this year. The extension also applies […]
Investing as an Expat – What You Need to Know
Who of us hasn’t dreamed of moving abroad at some point? For some, the lure of exotic beaches or cosmopolitan cities has proved too great, and we’ve found ourselves living abroad as a U.S. expat. Moving away from the United States can be an amazing experience. It may lead to a lower cost of living, […]
Forbes – While living abroad, Americans can enjoy financial benefits.
Americans who make the decision to move abroad often do so because of their love of travel or passion for a foreign culture. While exploration and adventure are clear reasons to relocate outside the U.S., the financial benefits for Americans living abroad are less apparent. In reality, monetary perks for U.S. expats go far beyond […]
UBS Global Real Estate Bubble Index 2020: Munich and Frankfurt are the most overvalued housing markets globally
Swiss bank UBS releases their annual Global Real Estate Bubble Index. UBS analyzed residential property prices in 25 major cities around the world. According to the study, five European cities as well as Toronto and Hong Kong are in bubble risk territory. Despite the current global recession, on average, inflation-adjusted house price growth in these […]
American expats renouncing US citizenship in record numbers
A record number of Americans are renouncing their citizenship, with renunciations in the first half of this year soaring to 5,816, more than twice as many as gave up their passport in all of 2019. Until a decade ago, fewer than 1,000 Americans per year, on average, chose to renounce their citizenship. Now, the country is on […]
Maslow wrote “A Theory of Human Motivation” in 1943 – here are todays 5 levels of financial hierarchy.
Visualizing the Hierarchy of Financial Needs Behavioral scientist Abraham Maslow wrote “A Theory of Human Motivation” in 1943, arguing that humans worldwide are influenced by a “hierarchy of needs”. This theory organizes human needs across five levels, where needs in the lower end must be satisfied before progressing onto the next level. At one end […]