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3 Important Income Tax Consequences when living in Costa Rica

3 Important Income Tax Consequences when living in Costa Rica

Living in Costa Rica might have important income tax consequences for you if you’re a taxpayer in the United States. Americans are increasingly choosing to relocate to destinations like Costa Rica. Data collected by Datosmacro.com in 2019 show that over 12,000 registered U.S. retirees and ex-pats prefer to live in this Central American country. Various […]

FBAR and American Expatriates

FBAR and American Expatriates

When living abroad as a US expat, you’re supposed to know what FBAR is. Do you? Filing a US expat tax return is a daunting task for many American expatriates. Although US citizens and green card holders are aware of foreign earned income exclusion, foreign housing exclusion, and foreign tax credit, many American expats do not […]