expat finance

Hello, I will be moving to Germany from the US next week and just sold my car for cash. I now have a stack of 20s that total around $4,000. Should I put it in the bank and transfer the cash using transferwise to my German bank? Or simply bring the cash with me on the plane and exchange once I’m...

I am moving to the UK next Fall for work and plan to stay there for at least 3-5 years. My initial plan was to send half of my paycheck each month back to my brokerage account (Edward Jones held under a family address) and using that to pay off student loans/put money aside to purchase real...

I’m wondering if anyone is in a similar situation to me or has any advice - I’ve been working in China for my whole adult life and I’d like to start preparing for my retirement. Since I’ve been here in China all this time, I haven’t made any National Insurance contributions in the UK. I...

Hey all, I moved from the US to Korea in late July 2022. I have a few questions about filing my US taxes. Because I’m not eligible for the FEIE, I should be filing the Foreign Tax Credit, correct? I have absolutely nothing interesting about my tax situation besides living overseas - no...

I am looking to avoid fees as much as possible since i am just a student However, i checked with Wise and they do not allow to link Swiss Bank account to their service they also don't offer CHF (Swiss Franc) as a currency ( so i have to first load money into a Euro account, which will take...

Hi everyone, I recently asked a question to help understand my options to invest as a US expat living in the EU assuming that I don't have a physical US address. My emphasis was on investing in US index funds and ETFs. The easiest and cheapest options that were suggested in the comments to...

Question: Given my specific financial details (below), which countries (within Europe, Asia, and Latin America) offer the most favorable tax laws? Please ignore all other factors (i.e. cost of living, climate), as that needlessly complicates the question. My Financial Specifics: Basic...

Hello! I’m a US expat in my 20s living in Canada - started my career here. Thus far, I’ve been filing my own taxes using TurboTax and use Foreign Earned Income Exclusion, which covers my earnings. While I have a good sense about PFICs, FBAR and US-Canada tax treaty, I still sometimes am...

Using throwaway for anonymity purposes. Hi all, I'm an expat from Europe, I've been working in UAE for almost 1 year and half now. I came to the UAE to try and save more money towards me and my wife's retirement as back home it was a bit too difficult to save anything apart from the...

I'm living in Hong Kong and have to pay a debt in an US institution. The debtee would only accept the payment in personal check, cashier's check or international money order, and the payment has to be payable in US dollars and cashable in the US. I only have Hong Kong bank accounts and don't...

TL;DR If you are a US Expat with high rewards US credit cards (such Chase Freedom Flex or Citi Custom Cash giving 5-7.5% cashback) and want to use this card outside of the US, you can do this by linking it to the British Curve card (currently available in Europe, but should also become...

Scenario: Individual A moves to Toronto as a permanent resident via express entry while retaining U.S. citizenship. They will only open a Canadian bank account and an account with a Canadian based crypto exchange. Those are the only two reporting assets they will have. Let’s say after 10 years...

Hey all! I am an Indian who moved to the USA on an F1 visa and worked there for a couple of years and presently in the Netherlands. In 2023, I quit my job and moved out of the USA in Feb, (Earned 8k, 5k for accrued leaves, and have 100k net worth in stocks, savings, HSA, 401k, and crypto)...

I’ve been in Denmark for four years. Three years ago I got to the final stages of hiring a financial advisor in the US, sent them money, etc then they sent it all back when I didn’t have a US phone number. They said that even though the money going to them is coming from a US account, my income...

Hi guys, I’m 21(f) from Australia and I’m going to travel Europe from mid July-mid August then I wanted to try find some bar work or retail in Europe (I have Irish passport) for the rest of the year and try to balance some work and travel. Alternatively I might travel Europe for 3 months then...

Friends, My family will be moving from USA to AUS shortly. We plan to be in AUS for the long term. We have several bank accounts (Chase/Discover etc.). We also have a house, which we will be selling before we move. a) What should we do with our American bank accounts? should we continue to...

Hey folks, I'm looking for some good guidance to navigate obvious loopholes or money leakage that I'm either probably falling foul, or at risk of. Question: How should I be setup to minimize brokerage fees - What brokerage would you recommend? avoid the risk of being whacked by the IRS? -...

Trying to figure out what the heck I’m supposed to be doing legally/financially. I am on temporary assignment to Germany. Wife and I are both US citizens, previously living in California. I have accepted a temporary assignment from my employer to be based in Germany. I remain a...

Hi all, I’ve been living abroad now for about 6 months (moved from the US to Sweden). I am wanting to consolidate my credit card debt from the states into Sweden, and eventually my student loans - but the latter is more of a future goal. I can make all the monthly payments, it’s just a pain...

Hello & Kia Ora 🥝 I am a 26yo F who was born in the US and at the age of 18 moved abroad to study I have now lived in New Zealand for six years and just started working professionally as of last year 2023 For retirement plans : in the US we have a 401k and in NZ there is something similar...