Since 2011, Australia-based Atlas Wealth has been a major, and increasingly visible, adviser to Australian expats around the world – including those living in the United States.
First, U.S. investors living in Europe had to face FATCA. Now it’s the EU’s Markets in Financial Instruments Directive (MiFID II).
A reader asks: ‘How do I navigate the shoals of being between U.S. and French citizenship, without having to put all my assets into cash and sticking them under my mattress for a few years?’
Over the last few weeks and months, more media attention than usual has been paid to the 2010 Obama law known as the Foreign Account Tax Compliance Act (FATCA).
For the past four years, U.S. born, France-resident and French-speaking Fabien Lehagre has been fighting a tireless and increasingly hard-to-miss battle on behalf of all of France's and Europe's "accidental Americans"...
Much has been written and spoken about the Internal Revenue Service's new "Relief Procedures for Certain Former Citizens" regime since it was unveiled earlier this month – apparently to enable mostly "accidental Americans" who have relinquished their U.S. citizenship, or are hoping to, the chance to easily and cheaply enter into U.S. tax compliance.
