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Tag: Expatriation

15 Dec
How To Figure The Exit Tax When Renouncing U.S. Citizenship

How To Figure The Exit Tax When Renouncing U.S. Citizenship

Last week’s Taxation 101 (Where To Live Tax-Free) essay was well received but raised lots of questions from American readers, including many to do with what I’d say is maybe the most misunderstood U.S. tax on individuals—the “Exit Tax” Americans have to pay when they give up their U.S. citizenship. To clarify, this is not […]

24 Apr

The Difference Between Resident, Expat, And Expatriation

In the strictest sense, speaking historically, “expat” is short for “expatriation”—the act of renouncing your allegiance to your native land. However, over the decades, with big and growing numbers of people residing outside their home countries, the term “expat” has taken on a broader, gentler meaning, to refer simply to people living abroad. Just as […]