...but expats say they're still very much on hold in Australia
Americans living in the UK and France who have been waiting for more than two years to relinquish, or give up, their U.S. citizenships are now once again able to do so, as the U.S. offices that handle such relinquishments in these countries have at last reopened.
Guernsey Finance, the marketing arm for the Channel Island of Guernsey's financial services industry, has named a business development representative for the United States, the first time it has ever hired anyone for that role exclusively.
The American Expat Financial News Journal’s “Essential Financial Acronyms for Americans Living Abroad” is designed to help our fellow Yanks in Expatland to navigate the international seas of the financial services industry.
Citigroup, the New York-based, NYSE-listed, multinational banking company that many U.S. expats still have accounts with, has announced that it's expanding its private banking business in Europe, with new offices set to open in Germany and France.
Months after many observers might have expected to hear who’d been chosen to succeed Paris-based American expat campaigner Laura Snyder as the IRS’s sole overseas member of a grass-roots voluntary organization known as the Taxpayer Advocacy Panel, it’s at last emerged that London-based Rebecca Lammers has been chosen for the role.
More than 500 names have appeared on the U.S. government's latest list of Americans who have, as the Federal Register (where the names appear) puts it, chosen to expatriate," a relatively low quarterly number, given that only four quarters in the past six years have contained fewer names. (See table, above.)
A major – and eagerly awaited by many – economic analysis of how the U.S. might most easily and efficiently move to a residence-based tax regime, crowd-funded and organized by the American Citizens Abroad, has found that such a move could be done "without the U.S. Treasury losing revenue".
The American Expat Financial News Journal’s “Essential Financial Acronyms for Americans Living Abroad” is designed to help our fellow Yanks in Expatland to navigate the international seas of the financial...
May-05-2022
