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@jin86 Unless you are a multimillionaire with many exotic accounts, paying a company to file your FBAR is foolish. Also, for simple returns with just earned income a simple online tax tool like H&R or Turbotax will be just as effective as an expat tax service, but will take a fraction of the...

@iam13 According to the IRS I think the "under state law" thing probably makes it unlikely that foreign institutions are covered, but I am not a lawyer.

@kiia What tax deductions reduce your tax 50%?

@kiia Open a brokerage account with Consorsbank. Buy individual stocks. Not much to it, With regards to your statement "I’ll pay half the taxes I usually would so roughly only €10k." I am pretty sure your calculation is wrong here. That sounds like the amount of taxes you should be paying in...

@bldssphn You usually should do the currency exchange with Wise if you want to be cost efficient. That’s their biggest advantage.

@bldssphn The answer in these threads is always WISE. It usually has the best rates.

@eazyphantom So many questions in your post. Even if you narrowed it to a single country rather than many disparate places it would be hard to answer. Only advice I have to you is to establish a brokerage account in the USA before you leave. It is almost impossible to get one once you are gone...