To be used for a) questions about outside the country of current residence. For example, regarding how the U.S. taxes earnings generated by U.S. citizens outside of the country. and b) questions involving multiple countries. Where possible, questions should be tagged with a specific country tag.

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0
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3answers
93 views

Taxation of income from working abroad within the EU

I'm a Finnish (FI) citizen working with a full-time contract in a company. I'm going to do a 3 months job abroad in Belgium (BE) in a different company. During this time my contract in FI is going to ...
2
votes
1answer
169 views

Definition of “business” for the purposes of the IRS Foreign Earned Income Exclusion (2555)

Line 14 of the IRS Foreign Earned Income Exclusion form (2555) asks that one lists the days one was present in the US during the tax year. It then asks how many of those days were "on business", and ...
1
vote
1answer
382 views

Receiving payment as a freelancer in India from different countries

I am freelancer from India providing technical assistance to people in UK and US. I get these numbers from different companies in India who are not able fulfill customers' needs. Is it possible for me ...
2
votes
1answer
183 views

UK citizen going to freelance overseas - what type of specialist should I talk to for tax/registration advice?

I'm planning to leave the UK for around 12 months and work freelance in a non-EU country. I know there are many things I need to get right in terms of registration and financial declarations, tax ...
4
votes
2answers
64 views

How should residents of smaller economies allocate their portfolio between domestic and foreign assets?

Investment advice is often written from the perspective of a large domestic economy, where global effects have less impact. I live in Australia, where GDP is $1.13 trillion and our stock exchange has ...
2
votes
1answer
44 views

US tax liability for beneficiary of UK bypass trust

In the UK, discretionary will trusts (DWT) often were, and to some extent still are, used to ensure that married couples could take advantage of both spouses' nil-rate-band (i.e. estate tax exemption ...
2
votes
1answer
55 views

Variation in international ETF pricing during non trading hours

I noticed that Prices of etfs that invest in international markets are fluctuating during US trading hours. How is that possible given that the international markets are closed during that time and ...
1
vote
0answers
99 views

International Stockbroker

I live in Australia, but have shares in the UK. I inherited the shares so have no experience in buying/selling. How do I find a stockbroker who could sell the shares for me? My father left me several ...
1
vote
1answer
41 views

How to fund my option house account(trading account) from india using a local bank?

I would like to know how to fund my option house account(Trading account) from India ? Option house is a US based brokerage firm Why would an Indian citizen need to fill up form 15CA & 15CB ...
3
votes
1answer
29 views

Canadian Resident + TN Worker + Taxes

I need a help to figure out how a Canadian working in USA with fixed residence in Canada ONLY has to pay USA taxes and what ones. My case is, I am going to live in Windsor, Ontario, Canada and I am ...
6
votes
4answers
20k views

How to do an international money transfer of a large sum of money to the U.S.?

I may need to transfer a substantial sum of money (worth more than 10K in US dollars) from Israel to US. With this, I have these questions questions: I know IRS is notified on any large transfers. ...
8
votes
3answers
2k views

CD interest rate US vs abroad, is there a catch?

I was in Ukraine and ran into a few banks that offer anywhere from 5% to 10% interest rate on investment per annum. For example, Erste Bank is willing to pay 5,75% on 12 months deposit. I have few ...
1
vote
4answers
2k views

How can an Indian citizen get exposure to global markets?

Other than investing in sundry international equity funds, is there a way for an Indian citizen to invest in global securities? Is it possible for example to buy shares of Google?
4
votes
1answer
100 views

Should I sell stock in my US bank account before abandoning US tax resident status?

I am citizen from one of the EU countries who has been living in the US on H1B visa for few years. Now I am considering to move back to my home country in EU. I have some shares in my US bank account ...
3
votes
1answer
45 views

Does a U.S. citizen living in Mexico and getting paid from U.S. company, have to pay taxes in Mexico?

I'm a U.S. citizen living and working in Mexico to help expand operations for a U.S. corporation I work for. I currently file and qualify for the Foreign Earned Income Exclusion under IRS rules. My ...
3
votes
3answers
121 views

How to accept payment when abroad in a trade show?

I am planning to exhibit in a jewelry trade show in USA. I am hoping to make some sales at the show itself. How can my clients pay me if the amounts are large (over $10000)? Smaller amounts may be ...
1
vote
1answer
25 views

How do I file 2015 taxes for F-1 OPT till Sept 30, 2015 to H-1B from Oct 1, 2015?

Last year, I've filed 1040NR-EZ myself by entering all the values in the form manually. Because of complications in my case this year, I'm seeking a software's help. I was on F1/OPT From Dec 2012 ...
2
votes
1answer
245 views

Borrowing money for study abroad…student loans don't apply

I have applied for a masters program in Spain, and I was accepted (yay!). However, now I am faced with the daunting task of determining how I am going to pay for it. My university in Spain is not ...
0
votes
1answer
24 views

Looking for cheap international bank to bank transfer in USD [closed]

I would like to transfer money from US bank account to a foreign (Poland) USD bank account. So no currency exchange involved. It seems that most services assume the currency exchange. The sites of the ...
1
vote
1answer
130 views

CitiBank or HSBC account in India but use funds in America

I have some money in India that I plan to transfer to an international bank such as Citi or HSBC. Once the money is in the account, can I use those funds in America? Are there any tax liabilities in ...
1
vote
1answer
84 views

How much tax do I have to pay in Redmond, Washington form my Microsoft Research Internship income?

I am an Indian student studying in Europe. I will be interning at Microsoft Research for 3 months during this summer. I am not sure yet, but most probably I will be visiting US on a J1 visa. Can you ...
1
vote
2answers
188 views

Living in USA with a tourist visa

My son plans to attend school in the U.S.A., he is a U.S. citizen, but I am not. I will enter the country with a tourist visa. He will attend private school, and I own a house in the U.S. Do I have ...
5
votes
2answers
4k views

Paying taxes on income earned in the US, but from a company based in Norway

I've recently begun work for a company based in Norway. Right now, I'm an "independent contractor" but in a few months I'll be made full time. I invoice them my hours on the 1st of each month, and I ...
3
votes
2answers
612 views

Money transfer from India to USA

My daughter is a US Citizen. We (parents)are also planning to permanently settle in US. We will go their as Permanent Resident,as per US Law. We have a house here in India worth Rs.2 Crores. We want ...
0
votes
1answer
418 views

American citizens playing foreign sweepstakes

I've read here: http://www.fraudaid.com/scamspam/lottery/foreign_lottery_federal_statute.htm that it is illegal for U.S. citizens to play foreign lotteries (although many Americans play the Canadian ...
2
votes
1answer
227 views

UK - How to receive payments in euros

My father as a business based in UK, but works mainly in Europe, receiving payments in euros. His bank is HSBC that, apart from charging £8 for each transfer, applies a "custom" exchange rate (i.e. ...
6
votes
2answers
650 views

How to take care of pension funds if career is spread over many different countries?

I am a young academic from The Netherlands presently working in Sweden. Due to the nature of modern Academia, I expect that within the next 40+ years, I will be working in many different countries ...
4
votes
3answers
7k views

How can I cash out a check internationally?

I have a prize check in my name at my old university based in the US. I have now shifted to another country and was wondering, what would be the best way to cash out the check? I know someone ...
4
votes
1answer
97 views

How to buy a house in the United States using money from a foreign loan?

I am a US resident. This scenario involves 3 entities. I want to know what would be the situation (legal and cost) if I can borrow money (complete value of the house Eg: 500 K) from a person or a ...
0
votes
1answer
40 views

What currency does inter government debt take place? [closed]

For example If japan borrows from china what currency will it borrow in ?Or if India borrows from Russia what currency will the debt take place in ?
3
votes
1answer
60 views

US tax handling of UK pension contributions

The UK currently has a pension (SIPP) contribution limit of up to 40,000 GBP per year (approx 60,000 USD at current exchange rates). 100% of this amount can be self-funded, in which case your ...
1
vote
1answer
250 views

Are there any US banks that allow you to make an international wire transfer online? [closed]

I am an expat and right now I have to get someone to physically go to the bank to make the transfer for me each time. It seems a bit ridiculous in this day and age of high tech and is a royal pain. ...
1
vote
2answers
1k views

Most Efficient Way to Transfer Money from Israel to the USA?

I am considering relocating back the USA and am looking for an efficient means to transfer our savings to a US bank. From my initial research the simple answer seems to be wire transfer for large sums....
1
vote
1answer
70 views

Best(mostly cheapest) way to buy international shares(mostly US) from Australia

I would like to buy international shares from Australia. But we have hefty fees charged by the banks (CommSec), ie buy fee, sell fee, inactivity fee, etc. I'm sure someone has eaten a dog on this ...
3
votes
1answer
131 views

What is the procedure, and limit of medical expenses in order to claim for tax returns in US?

Since last year I have spent sufficient amount of money on medical bills (greater than $1500) as a result of 20% that I am supposed to cover under my insurance. My questions are: For an ...
10
votes
4answers
191 views

Why do Australians get charged more for Internationally available Goods and Services?

It seem that when the same good or service is available in Australia as it is internationally, we always end up paying more for it in Australia. Even when you take the effects of the exchange rates ...
1
vote
0answers
57 views

What is the required taxation if a website is programmed in the Netherlands and the customer resided within the USA?

My firm is based in the Netherlands. I have a customer in the USA who wants a website. The development will take place in the Netherlands. If the client would be Dutch, I'd charge them 21% VAT and ...
13
votes
6answers
9k views

If a country can just print money, is global debt between countries real? [closed]

I was having a conversation with my brother last night and we were trying to figure out how exactly countries go into debt to each other. Say the US borrows money from China. What does this mean? Do ...
2
votes
1answer
141 views

What percentage of my money should I invest outside my country?

I live in India, and invest in both Indian and international equity mutual funds[1]. What percentage of my portfolio should I invest outside India? I thought that since India's GDP is some 3% of the ...
11
votes
4answers
17k views

Are credit histories/scores international?

I'm starting work in the US, and I'm wondering if my credit history will transfer. If not, is there a way for me to gain an "international" credit history, or equivalent, in expectation of other ...
1
vote
3answers
721 views

Where should I exchange INR to USD, in India or US?

I am Indian, permanent resident of the US. Years ago, I had loaned some money to my father in India and he now wants to pay it back to me. The amount is worth $300,000 and I am thinking of the best ...
1
vote
2answers
11k views

How to get money from India to UAE

I have taken 25 Lac loan in UAE country and remitted this money to my mother SB account through Exchange. She withdrawn that money and used for personal commitments and bought one property. Now due to ...
1
vote
1answer
55 views

How to get underlying stock from ADR

How can I get the underlying stock from an ADR? What are the fees and general bureaucracy to archive this. Does this depend on the ADR emitting bank, or is a generalized process?
1
vote
2answers
31 views

Are there any hedged international funds in India?

I live in India, and want to diversify into the foreign equity market, via a mutual fund offered in India. But I don't want to take on the currency risk. In some countries, funds are offered that ...
0
votes
2answers
78 views

International Tax

Im a UK resident who, in the future will possibly apply for a green card (I have an American girl friend). I understand that if I become a green card holder, I'd be liable to declare my worldwide ...
4
votes
1answer
136 views

Sister-in-law sold property in another country and wants to send a large amount of money to me

My sister-in-law and her husband currently live in northern Iraq. Due to the current dangers in that country and the fact that they're Christian, they are finding it more and more difficult to live ...
3
votes
1answer
43 views

Receiving partial payment of overseas loan/company purchase?

We invested in buying a company in Africa and want to send money back to the U.S. as partial repayment on the money we invested. What do we have to file, and what are the tax implications on the ...
4
votes
1answer
273 views

What are the tax consequences if my S corporation earns money in a foreign country?

I work as an independent contractor developing software for various organizations in the USA. I usually bill a client an agreed upon amount and provide some specific service in return. For what it's ...
1
vote
1answer
776 views

Is there a way to open a U.S. bank account for my LLC remotely?

I'm operating a company remotely — I'm not in the U.S. Is there a way to open a bank account without going to the U.S.? I've called a few banks and most of them require myself to go the a ...
2
votes
2answers
2k views

How can I buy a MasterCard/Visa gift card in the US using European MasterCard/Visa?

I live in Belgium and my sister lives in the USA. I would like to send her a MasterCard gift card but I tried to pay with my Belgian MasterCard on giftcards.com and it failed because the form that ...