Foreign Earned Income Exclusion
US expats can exclude approximately $120,000 in foreign earned income annually. However, investment income and passive real estate income remain taxable regardless of location.
Tax-Efficient Structuring
Working with international tax specialists ensures compliance and optimization. Business entities, trust structures, and timing strategies significantly impact tax liability.
Treaty Considerations
Tax treaties between the US and many countries prevent double taxation. Understanding your specific treaty provisions is essential for accurate tax planning.