American Citizens Abroad holds 'Town Hall meeting' for London expats

Key lawmakers on Capitol Hill really are aware of the issues being faced by expatriate Americans, and the dysfunctionality in particular of the United States' citizenship-based tax regime, delegates to the American Citizens Abroad's latest "Town Hall" in London were told the other evening. 

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NY private equity firm acquires global trust biz Zedra

Corsair Capital LLC, a New York-based U.S. private equity firm, is to acquire a majority stake in Zedra, a multi-jurisdictional corporate, trust and fund services provider that was created in 2016 by the combining of Barclays' UK and non-UK trust businesses with an existing entity.

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More than 1,000 Americans 'expatriated' in Q3: latest data

For the fourth year in a row, more than 1,000 people formally gave up their American citizenship in the three months to the end of September, as a result, observers said, of the continued frustration over the way Americans living overseas are taxed.

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Expat tax experts Richardson, La Torre Jeker go looking for ‘Mr FBAR’

Looking for Mr Goodbar was a 1975 book, made into a film two years later, about a New York City schoolteacher who ended up being murdered by a young man she’d just met. 

“Mr FBAR,” on the other hand – and of rather more relevance here – is an Expatland nickname for a document that U.S. expats around the world have been required to file annually with the IRS since 1970, if their total offshore bank and financial account holdings total US$10,000 or more at any time during the tax year.

Latest Brexit turmoil seen adding to complexity for American buyers of U.K. properties

News that the U.S. dollar was again spiking against the British pound today, on news that Prime Minister Theresa May's draft Brexit deal was coming in for criticism and had prompted two cabinet ministers to quit, was seen as adding fresh complexity to the difficulties American expatriates looking to buy U.K. properties were already struggling with, mortgage industry sources told the American Expat Financial News Journal. 

'Accidental Americans' demonstrate in Paris, minus invited guest (Trump)

 President Donald Trump didn’t show up to an event held yesterday on the Île aux Cygnes (Isle of Swans) in Paris, to which he had been invited – but then, he didn’t make it to a scheduled wreath-laying ceremony to honor French and American World War I dead at a French cemetery  the day before, either. 

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Opinion

A renounced ‘accidental’ replies to UK gov’t’s Stride: ‘It’s not that we’re not British, we are – but we're also not really American'

A renounced ‘accidental’ replies to UK gov’t’s Stride: ‘It’s not that we’re not British, we are – but we're also not really American'

Last week, it was revealed that British Labour MP Preet Kaur Gill had received her second formulaic and non-committal response in two months to specific questions she had asked the...

Feb-19-2019