Brokers, banks: ‘American appetite for U.K. resi property robust despite Brexit’
But tax, residency and currency considerations keep many institutions from dealing with U.S. expats...
But tax, residency and currency considerations keep many institutions from dealing with U.S. expats...
Boris Johnson, the New York-born former mayor of London who recently resigned as UK foreign secretary, is well known to Londoners for having unofficially lent his name to a bicycle-sharing scheme (“Boris bikes”) that was launched in 2010, and with which he, a keen cyclist himself, was associated.
One of the most memorable moments of their U.K. house-buying experience, for many American expats, is when someone explains to them what the word “gazumping” means.
Dunhill Financial, a Brussels-based advisory firm which specialises in looking after American expatriate clients, has opened an outpost in the U.S., to look after Americans who are returning home after spending time abroad, as well as non-Americans moving to the States for the first time.
Legislation that its proponents say would significantly improve the lot of American expatriates, many of whom have been left reeling by the Trump tax reforms introduced at the end of last year, will be introduced in Congress before the end of the month.
A deadline of October 9 has been set for Americans who have been adversely impacted by the 2017 Tax Cuts & Jobs Act to tell Congress of their experiences.
The U.S. has announced it is extending the right to qualify for the Foreign Earned Income Exclusion (FEIE) to U.S. citizens and resident aliens who can demonstrate that they have supported the U.S. Armed Forces in designated combat zones, even if their “abode", or tax home, were in the United States rather than abroad.
Hearing Americans who've been living abroad for 10 or more years, and sometimes for most of their adult lives, describe how they got there is always interesting, I find. Many...
Dec-15-2022