Investing for Americans Abroad and U.S. Expats | Gimme Some Truth for Expats
By Walkner Condon Financial Advisors for U.S. Expats
Investing for Americans Abroad and U.S. Expats | Gimme Some Truth for ExpatsApr 20, 2024
State of European Markets with Leonardo DeCosta
We are joined by Leonardo DeCosta from First Trust to discuss the environment of expats in Europes markets.
Vetting Expat Brokerages 2024 Edition
Join Keith and Syl as they talk about how and when to select the right brokerage for your expat journey.
The Hurdles of Banking as an Expat
In this podcast, Walkner Condon’s team of International Advisors discuss the banking rules and regulations that face Americans moving abroad. They also discuss some of the additional banking options for Americans outside of the U.S.
Charitable Giving with Anna January - Market Report 2024
In our latest podcast episode, Polly engages in a discussion with Anna January, who serves as the Director of Charitable Giving at Wisconsin Watch. Tune in as they explore the present and upcoming landscape of charitable contributions. Read the 2024 Market Report here: https://walknercondon.com/2024-market-outlook-2/
Timing the Market - 2024 Market Report
Mitch and Alicia talk about Alicias article covering timing the market and why it can be the wrong choice.
Housing Market "New Normal" - Market Report 2024
Clint and Nate sit down to talk about their articles for the 2024 Market Report. They cover the housing market and the low consumer sentiment surrounding the markets.
Soft Landing and Bonds - Market Report 2024
Mitch and Keith are talking about their articles for our 2024 Market Report. Keith talks about his piece on bonds and Mitch talks about piece on the possibility of a soft landing.
Recency Bias - Market Report 2024
Stan and Syl continue our discussions about the articles in our 2024 Market Report. They discuss Stans article covering Recency Bias and its influence on the market. Read the article here:
Advantages of Citizenship Diversification with Henley and Partners
Isabel Quintero joins Keith, Stan, and Syl to discuss the services Henley and Partner offer their clients and the environment of international residency.
Connect with Henley and Partners: isabel.quintero@henleyglobal.com
What Year Is It? - Market Report 2024
This is our first podcast talking about our 2024 Market Outlook. Clint and Syl discuss Syl's article titled "What Year Is It?", a global macro piece. Read the Walkner Condon 2024 Market Outlook here: https://walknercondon.com/2024-market-outlook-2/
Gimme Some Truth: Updates to Portugal
Keith and Stan talk about the updates to the situation surrounding NHR policies in Portugal.
Kuberas' Roadmap: A Talk with Rohit Nadhani
Keith sits down with the Founder of Kubera, Rohit Nadhani to talk about the platform and its beginnings.
Changes to Portugals NHR Program
The non-habitual residence program (NHR) is a special tax status that offers special tax treatment to non-residents who would like to establish permanent or temporary residence in Portugal. The NHR scheme will end in 2024, meaning you may only have until the end of 2023 to apply. #NHR #nhrprogram #expats #expatlife #portugal #portugalforexpats
Finding Opportunities in the Global Bond Market with PIMCO's Tina Adatia
Our expat team sat down with Tina Adatia from her London office. Ms. Adatia is an executive vice president and product strategist, focusing on global fixed income and ESG strategies at Pimco.
PIMCO is a global leader in active fixed income with deep expertise across public and private markets. Our extensive resources, global presence and time-tested investment process are designed to help provide our clients with an edge as they pursue their long-term goals. #globalbondmarket #bonds #pimco #fixedincome
The Realities of Retirement: Have a plan!
The commercials will show you people walking on the beach hand-in-hand, gardening with a smile, even taking on high risk adventures. Eventually, the retirement luster can wear off. It is important to have a plan, figure out how you will spend your days. We see this all of the time with clients. The reality of retirement can be different than the dream. It is important to have a plan so that you can maximize your retirement satisfaction. #retirement #retiring #seniorcitizens #retirementsavings #financialadvice
Luxury Travel
#luxurytravel becomes an attainable goal with this helpful information from Scott Poniewaz, Head of EXEC. EXEC is a highly curated hotel, travel, lifestyle, and business benefits program providing access to exceptional brands and experiences. It powers the benefits and perks programs of some of the world's leading associations and organizations.
Court Cases that Impact Expats with Mishkin Santa from The Wolf Group
Our international expat team had a discussion with Mishkin Santa, JD, LLM, TEP from The Wolf Group about recent and relevant court cases that directly impact expats when it comes to tax filing. The Wolf Group thrives as an international tax accountant firm. Mishkin is a Principal of The Wolf Group and oversees the firm’s international tax services in the areas of Offshore Voluntary Disclosure, US Exit Tax, foreign grantor and non-grantor trusts, nonresident alien taxation, international organization employee taxation, pre-immigration tax planning, and cryptocurrency. He assists individuals and businesses with highly specialized and complex tax issues related to offshore corporations, family businesses, trusts, and retirement plans. As a former Attorney with the IRS Chief Counsel, Mishkin is well-positioned to guide clients on a range of reporting and disclosure issues. In addition, he speaks regularly at professional events sponsored by attorney and CPA groups in the US and abroad.
Mid-ish Year Market Review
Coming up on the mid-year, Stan Farmer and Syl Michelin talk about the markets and what we might be able to expect in the second half.
Debt Ceiling Deadline? What does it ALL mean?
Clint Walkner, Nate Condon, and Syl Michelin break down the looming Debt Ceiling Deadline. What does it ALL mean? Should you be nervous? Questions answered!
3 Tax-Friendly Off-The-Radar European Countries for Expats!
Americans flock to places like Portugal and France, but don't forget these hidden gems! Low cost of living, friendly tax rates, and loaded with culture and scenery. Let's talk Romania, Hungary, and Bulgaria. Expats, this is for you!
Portugal: It's Like California in the 60s!
GST guest and local business owner Jonny Hoffner (Paper Antler, Good Lion Golf) joins Stan and Mitch in the booth to discuss the month he and his family spent in Portugal. They discuss how Portugal was the “edge of the old world”, why it is such an attractive place to visit or retire, and Jonny’s fun day at a Portuguese golf course.
Financial Planning Considerations Americans Need to Know Before Moving to the United Kingdom
London has long been a truly international city and many Americans live and work in the greater metropolitan area. Whether you are considering a short, intermediate, or long-term move to the United Kingdom, there are a variety of financial planning topics that are best considered prior to making the move.
A Review of Early Market Outcomes in 2023 with Stan and Keith
Stan and Keith sit down to discuss the markets, touching on U.S. stock market before transitioning to a more substantive discussion on international markets. With recession still possible (and some say probable), how will the markets react?
A "Guide to the Markets" with J.P.Morgan Asset Management
On the heels of the release of Walkner Condon's 2023 Market Outlook, Keith & Mitch have a conversation with Jack Manley, Global Market Strategist, and Eric Lewis, ETF Specialist, both of J.P. Morgan Asset Management. Jack, as a contributing member of the team that produces the J.P. Morgan Guide to the Markets, talks about the data in the guide and how we can use it to make data-driven investment decisions. They discuss the state of inflation, macroeconomic trends, and positioning for U.S. and international markets going forward.
Year-End Financial Planning: Tax Loss Harvesting for U.S. Expats & Americans Abroad
Year-end means many things: holidays, new year’s resolutions, and plenty of holiday-themed foods, which necessitate certain new year’s resolutions. But year-end in the financial world also means tax loss harvesting. In this episode, Stan Farmer, CFP, J.D., and Syl Michelin, CFA, explore the world of tax loss harvesting for U.S. expats and Americans abroad.
In a sentence, tax loss harvesting simply means selling certain investments at a loss to reduce your tax bill or offset capital gains. Capital gains – either short-term or long-term – come when investments are sold and have appreciated beyond the price at which they were initially purchased. For example, you purchased Apple stock at $40.56 a share in 2018 and sold in 2022 when Apple was at $140.09. As is the case with many expat financial topics, tax loss harvesting becomes more complicated when you’re living outside the U.S. But it is still an important topic to explore.
Questions on tax loss harvesting as an expat? Or other topics you’d like us to cover in future episodes? Send us an email at podcast@walknercondon.com or book an appointment with one of our advisors.
LINKS
Walkner Condon's U.S. Expat YouTube Channel
Educational Materials for Expats
Contact Us
Meet with a U.S. Expat Financial Advisor
Intro to Expatriation Ep. 3: Should I Really Expatriate?
We finish our ‘Introduction to Expatration’ series by taking into account what we've covered so far and asking the question, "Should you really expatriate?"
Our Expatriation 101 miniseries started by defining covered vs. uncovered expat status, while our second episode detailed the consequences of falling under the covered expat status. Now that we have a more complete picture of what it means to expatriate, Stan, Syl, and Keith dive into when it might make sense to do so.
Questions about this episode or topics you’d like us to cover in future episodes of our ‘Intro to Expatriation’ series? Let us know by sending an email to podcast@walknercondon.com.
LINKS
Watch on YouTube: https://youtu.be/4pk6uwyZfl4
Intro to Expatriation: Ep. 1
Intro to Expatriation: Ep. 2
Walkner Condon's U.S. Expat YouTube Channel
Educational Materials for Expats
Contact Us
Meet with a U.S. Expat Financial Advisor
Previewing the Qatar 2022 World Cup & USMNT, featuring Jake Landau from It's Called Soccer
We take a break from our regularly scheduled expat investing programming to dive into a rapidly approaching international event that may be of interest to our audience of Americans abroad – the 2022 World Cup.
While financial advisors Stan Farmer, CFP®, J.D., and Keith Poniewaz, Ph.D., have quite the knowledge of soccer, with a particular focus on the U.S. Men's National Team, we wanted to bring in an outside guest with an even greater breadth of expertise on the subject. Enter Jake Landau of the It's Called Soccer YouTube channel. Coincidentally enough, Jake is an American who recently returned to the United States after living abroad. So between his international living experience and love of soccer, he fits right in with our team.
In this episode, Stan and Keith get the lowdown from Jake on the USMNT ahead of the 2022 Qatar World Cup, break down Group B (the group the U.S. is in), make predictions, and more. To check out Jake's channel or to find our resources dedicated to investing and financial planning for U.S. expats, check out the link section below.
Feedback on this episode or topics you’d like us to cover in future episodes of Gimme Some Truth for Expats? Let us know by sending an email to podcast@walknercondon.com.
LINKS
It's Called Soccer - YouTube Channel
Watch on YouTube
Walkner Condon's U.S. Expat YouTube Channel
Educational Materials for Expats
Contact Us
Meet with a U.S. Expat Financial Advisor
College Savings for U.S. Expats and Americans Living Abroad
Saving for their children's college experience is often a financial goal that many of our clients living in the U.S. want to accomplish. But that goal becomes more convoluted when you're an American living outside the U.S. trying to send your child to university, whether they'll eventually be attending a school internationally or one in the U.S.
In this episode, our team of U.S. expat financial advisors – Stan Farmer, CFP®, J.D.; Syl Michelin, CFA; and Keith Poniewaz, Ph.D. – break out the lesson plan and teach you the basics about college savings and how to navigate it as a subject. Unfortunately, the investment vehicles available to Americans living in the U.S. become considerably more complex when you move away. But there are still ways to work around those complications, which we delve into, as well.
Questions about this episode or topics you’d like us to cover in future episodes of our ‘Intro to Expatriation’ series? Let us know by sending an email to info@walknercondon.com.
LINKS
Watch on YouTube
Walkner Condon's U.S. Expat YouTube Channel
Educational Materials for Expats
Contact Us
Meet with a U.S. Expat Financial Advisor
Intro to Expatriation Pt. 2: Financial Consequences of Covered Expat Status
We continue our ‘Introduction to Expatration’ series with a deeper dive into the implications and consequences of covered expat status.
While our first episode of this miniseries focused on the definitions and differences of covered vs. uncovered expat status, this edition hones in on what it means financially if you find yourself in the group of covered expats. As with most things involving expatriation, it’s complex to be in the covered category. And as Stan Farmer, CFP, J.D., and Keith Poniewaz, Ph.D. explain, there are many financial (and tax components) to consider. They go more in-depth on what those considerations are, how different types of assets are treated when it comes to expatriation, and more.
Questions about this episode or topics you’d like us to cover in future episodes of our ‘Intro to Expatriation’ series? Let us know by sending an email to info@walknercondon.com.
LINKS
Watch on YouTube
Walkner Condon's U.S. Expat YouTube Channel
Educational Materials for Expats
Contact Us
Meet with a U.S. Expat Financial Advisor
Investing in the U.S. for Non-Americans
Are you a nonresident alien or non-U.S. citizen looking to invest in the U.S.?
Whether you’re part of a cross-border family or simply a non-U.S. citizen trying to invest in the U.S., there are quite a few myths and misconceptions about investing in the U.S. as a non-American. We haven’t touched on this subject before, but we’ve still had a recent deluge of inquiries about investing in the U.S. as a foreigner. So we thought it was time to cover this subject more in-depth in what’s likely to be a multi-part series on the podcast.
In this episode, Keith, Stan & Syl cover the background on the topic and dive into the complications of investing in the U.S. as a non-American from both an inheritance perspective and income tax perspective. They also define U.S. situs assets and non-U.S. situs assets, and how the situs status can impact your portfolio.
Questions about investing in the U.S. as a non-U.S. citizen or nonresident alien? Send them to us, and we might feature them on a future episode of the podcast. You can also reach out to our team and speak directly with an advisor through the links section below.
LINKS
Watch on YouTube
Walkner Condon's U.S. Expat YouTube Channel
Educational Materials for Expats
Contact Us
Meet with a U.S. Expat Financial Advisor
What is Expatriation? An Introduction to Covered vs. Uncovered Expat Status
As obvious as it sounds, one of the keys to U.S. expat status is the process itself of expatriation. Living as an American abroad is one thing, carrying its own set of financial and investing hurdles and complications. But truly renouncing your U.S. citizenship brings about its own set of obstacles.
In this episode of Gimme Some Truth for Expats, our team of U.S. expat financial advisors – Stan Farmer, CFP®, J.D.; Syl Michelin, CFA; and Keith Poniewaz, Ph.D. – delve into the subject of expatriation, the first of what is sure to be multiple episodes on this subject (because there's a lot of ground to cover). Speaking of cover, this edition is primarily dedicated to going over what it means to be a covered expat, and the boxes you would have to check to reach covered expat status. There's enough there to warrant an entire episode, so while our trio briefly touches on how covered expat status may impact your financial situation, we'll go more in-depth on that specific subject in an upcoming episode.
Questions about covered expat status? Or questions about your particular situation? Send us a message at podcast@walknercondon.com, and we may feature them on an upcoming episode – in addition to answering whatever your question might be.
LINKS
Watch on YouTube
Walkner Condon's U.S. Expat YouTube Channel
Educational Materials for Expats
Contact Us
Meet with a U.S. Expat Financial Advisor
The Rise of the Dollar: Exploring the Factors at Play in the Renewed Strength of the Dollar
This was an episode that first appeared on the Gimme Some Truth feed, but we felt the topic was just as important to U.S. expats and Americans living abroad. After all, the currency markets obviously carry international implications. And as Syl points out, the strength of the dollar means it's a great time to be an American traveling abroad (as long as you can get there in a somewhat inexpensive fashion).
Syl Michelin, a Chartered Financial Analyst and U.S. expat financial advisor, sits down with Nate Condon – one of the founding partners of Walkner Condon – to dissect what's happening with the U.S. dollar. Together, they raise the question – what does a strong dollar mean for the markets? As part of that discussion, they dive into why the dollar is so important on the international stage and conjecture about whether the strength of the dollar is due to the dollar itself, or the underperformance of the other main currencies.
Questions about this topic? Send an email to podcast@walknercondon.com or check out the links section below.
LINKS
Watch on YouTube
Walkner Condon's U.S. Expat YouTube Channel
Educational Materials for Expats
Contact Us
Speak to One of Our Financial Advisors
Becoming a Digital Nomad: Countries, Complications and Consequences of Working Outside the U.S. in a Remote-Work Age
While many of the people who come to us are contemplating retiring or living outside the U.S. for an extended period of time, there's an entirely different group of Americans abroad in our tech-based, post-COVID era – the digital nomad.
Our team of U.S. expat financial advisors focused on Bermuda's lucrative, and rather inexpensive, digital nomad visa program on a previous episode of Gimme Some Truth for Expats. This time, we're zooming out to discuss digital nomad life from an introductory financial perspective. How should you consider where to go? What will the financial and investing complexities be once you live there? And will you need a belt? Or will you need suspenders? Or will you need both a belt AND suspenders? Our team – Syl Michelin, Stan Farmer and Keith Poniewaz – touch on those topics and the belt and suspenders analogy in this edition of Gimme Some Truth for Expats.
Questions about your specific situation as a digital nomad or something you'd like us to go further in-depth about regarding digital nomad life? Send us an email at podcast@walknercondon.com or check out the links below.
LINKS
Bermuda's Digital Nomad Visa with Glenn Jones, CEO of Bermuda Tourism Authority
Top 5 Countries for U.S. Expats in 2022
Walkner Condon's U.S. Expat YouTube Channel
Educational Materials for Expats
Contact Us
From the Expat Archives: Discussing Digital Nomad Visas With Glenn Jones, CEO of Bermuda Tourism Authority
A long time ago – March 2021 to be exact – we brought a special guest, Glenn Jones of the Bermuda Tourism Authority, onto Gimme Some Truth to discuss an expat topic beginning to pick up steam – Digital Nomad Visas. As we progress into the third year with COVID still part of our lives, many workers are still working remotely full-time. In some cases, full-time remote work has become the standard (unless you're Elon Musk & Tesla). So with work-from-anywhere work still very much in the mix, we thought it would be worthwhile to drop this episode from the archives and bring it to this feed for the first time. (This episode originally aired before we had our very own expat podcast).
Financial advisors Keith Poniewaz, Ph.D., and Stan Farmer, CFP®, J.D., virtually escape the Wisconsin winter for an episode, welcoming Bermuda Tourism Authority interim CEO Glenn Jones onto the podcast to dive into the topic of Digital Nomad Visas. COVID-19 has helped bring to light the numerous opportunities for Americans looking to work remotely for extended periods, while tourist hot spots like Bermuda have simultaneously sought to expand their offerings in new ways to combat the impact of the pandemic. The show covers the basics of Bermuda's program, including how to apply and qualifications that need to be met, Bermuda's strong response to the pandemic, tax implications of a visa, and more.
Have questions about this or other expat topics? Send us a message podcast@walknercondon.com.
LINKS
Walkner Condon's U.S. Expat YouTube Channel
Educational Materials for Expats
Speak to One of Our Financial Advisors
Contact Us
Can I Contribute to an IRA (or Roth IRA) as an Expat?
Whether it's Reddit, a Facebook group, or any of the other myriad online discussion forums for U.S. expats, whether or not you – a U.S. expat – can contribute to an IRA is typically one of the most discussed topics for Americans living abroad. The simple answer is yes, you can, as long as you have employment income. Outside of that, no one rule prohibits a U.S. expat from contributing to an IRA. But as Keith Poniewaz, Ph.D., puts it so aptly in this episode, "Can you contribute to an IRA as an expat? Yes. Should you? Maybe." Hence the need for this episode – and the corresponding article from Syl Michelin, CFA, who joined Keith on this episode.
Keith and Syl dig more into why an expat might, or might not, want to contribute to an IRA while living abroad. And because of things like Foreign Earned Income Exclusion, which you may have seen abbreviated as FEIE, and foreign tax credits, how much you're able to contribute to an IRA or Roth IRA can be more complicated, especially with a Roth.
Questions on IRAs, Roth IRAs, or anything else expat-related? Reach out to us using the links section below or send us a voice message on Spotify.
Disclosure: We are not CPAs. Please consult a tax professional if you have any tax questions specific to your own situation.
LINKS
Watch on YouTube
Article: Can I Contribute to an IRA as an American Expat
Walkner Condon's U.S. Expat YouTube Channel
Educational Materials for Expats
Speak to One of Our Financial Advisors
Contact Us
Taxes for U.S. Expats and Americans in Portugal, with Mark Van der Linden - Cross Border Tax Law
You can’t spell ‘expat’ without tax. In all seriousness, and because of the complexities of being an American outside of the U.S., it can feel like life abroad revolves around taxes. While our team of financial advisors, who specialize in working with U.S. expats, have discussed taxes previously – not to mention the myriad acronyms – there are tax experts who specifically focus on tax consulting and preparation for expats. One of those experts is Cross Border Tax Law's Mark Vanderlinden, our featured guest on this episode.
A native of the Netherlands who lives in New York – an expat in the U.S., if you will – Mark’s particular area of expertise is Portugal. Stan Farmer, CFP®, J.D. and Syl Michelin, CFA, cover a lot of ground with Mark, touching on his background, expat taxes, the tax complexities of living in Portugal, digital nomads, and more.
Questions on taxes, financial implications of living in Portugal, or anything else expat-related? Reach out to us using the links section below or send us a voice message on Spotify.
LINKS
Watch on YouTube
Walkner Condon's YouTube Channel
Educational Materials for Expats
Speak to One of Our Financial Advisors
Contact Us
American Moving to Switzerland: Financial Planning and Investing Factors to Know as a U.S. Expat
Not only is Walkner Condon Financial Advisors' Syl Michelin, CFA, a native of France, but he also spent several years living in Switzerland and holds a Swiss passport. His wealth of knowledge on investing and financial planning as an American in Switzerland is perhaps exceeded only by the copious cliches about watches and chocolate (though, surprisingly, there was only one such reference in this episode). But, as Syl, Stan Farmer, and Keith Poniewaz make note of in this introduction to Switzerland – another in our series of episodes about key countries for U.S. expats – there is much more to life in Switzerland, including booming tech and biopharma industries.
The big pillars that constitute financial life for U.S. expats in Switzerland are the canton system, the 26 member states of the Swiss Confederation, and the – drumroll, please – three-pillar pension system. Because of those cantons, your experience as an expat could be quite different depending on where you live. The good news across the board is the Swiss' treatment of capital gains, but you'll have to listen to the episode for more on that, Switzerland's mysterious fourth official language, and our team's budding idea for a horror novel staged in that region of Switzerland (we'd hate to spoil your audio appetite). If you have any questions about moving to Switzerland, or if you're a U.S. expat already in Switzerland, don't hesitate to reach out to our team.
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LINKS
Watch on YouTube
Walkner Condon's YouTube Channel
Educational Materials for Expats
Contact Us
Speak to One of Our Financial Advisors
Top 5 Destinations for U.S. Expats in 2022 – Best Countries for Investing as an American Abroad
Are you an American seriously contemplating a move abroad? Or maybe you're closer to the early stages of that process, thinking about the possibilities of living somewhere outside of the U.S.?
Even if you fall into the latter group – and a move might not be imminent in 2022 – this episode seeks to unearth the most favorable destinations for U.S. expats. And while food, culture, and climate are important components to consider, our trio of U.S. expat financial advisors – Stan Farmer, Keith Poniewaz, and Syl Michelin – hones in on these locales from an investing perspective. After all, the financial factors will invariably have an impact on that experience abroad as a U.S. expat.
The basis for this episode is Stan's piece from Walkner Condon Financial Advisors' 2022 Investment & Market Outlook Guide, in which he goes into more detail about these five destinations. You can find that piece and the entire Investment Guide in the links below.
LINKS
Watch on YouTube
2022 Investment & Market Outlook Guide (PDF)
Top 5 Destinations for U.S. Expats in 2022 (article)
Walkner Condon's YouTube Channel
Educational Materials for Expats
Contact Us
Speak to One of Our Financial Advisors
2022 Market & Investment Outlook for U.S. Expats
After a holiday hiatus, and a lot of time spent on our 2022 Investment & Market Outlook Guide, our team of U.S. expat financial advisors is back with our first installment of Gimme Some Truth for Expats in 2022. Syl Michelin, our resident CFA® (Chartered Financial Analyst), again headlined this year’s guide with his market outlook piece, a comprehensive look at the year that was in 2021 and what may be on the horizon in 2022, along with factors to keep in mind.
Together, Syl; Syan Farmer, CFP®, J.D.; and Keith Poniewaz, Ph.D., dig deeper into Syl’s piece and focus on key elements for Americans abroad – and those investing internationally – to keep in mind as we begin a new year.
LINKS
Watch - YouTube
2022 Investment & Market Outlook Guide
Webinar - 2022 Global Markets Outlook, feat. Gregg Guerin, First Trust Global Portfolios
Walkner Condon's YouTube Channel
Educational Materials for Expats
Contact Us
Speak to One of Our Financial Advisors
Moving to Germany as a U.S. Expat - Financial & Investing Considerations to Keep in Mind
We continue our country-specific journey for U.S. expats with another stop in Western Europe – Germany. Though we haven't dedicated a lot of written content previously to Germany – it's one of our New Year's resolutions to change that! – we know from visitors to our website for U.S. expats that it must be right up there among top destinations. Including the U.S., Germany ranks as our third-highest source of visitors, behind only the U.K, which was our first country-specific destination in our most recent episode. And, several sources back that claim up, listing the number of Americans in Germany as more than 200,000.
In the words of Syl Michelin – Walkner Condon's resident CFA® – Germany is generally a high tax jurisdiction. With that in mind, the journey to Germany centers a lot around the subject of taxation for Americans, whether that's a short-term stay or a long-term stay. Syl is joined on the episode by Stan Farmer, CFP®, J.D., and Keith Poniewaz, Ph.D., as our full team of U.S. expat advisors dives into all things Deutschland when it comes to finances and investing.
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LINKS
Walkner Condon's YouTube Channel
Educational Materials for Expats
Contact Us
Speak to One of Our Financial Advisors
Moving to the UK as an American: Financial Implications for U.S. Expats in the United Kingdom
While our first three episodes have focused more broadly on the U.S. expat experience and the hangups that typically complicate life for Americans abroad, this installment seeks to hone in on a specific destination – the United Kingdom.
America's long, and somewhat tumultuous relationship with the UK – particularly Great Britain (*ahem* 1776) – makes it a logical place to start our journey of the key countries where U.S. expats wind up. And while the UK is more than one country (thanks to Ted Lasso for this phenomenal quip on the often befuddling breakdown of the UK), it's right up there when it comes to top stops for Americans abroad.
Stan Farmer, CFP®, J.D., has written a white paper on moving to the UK as an expat, and we felt the topic deserved some attention on the podcast, as well. Keith Poniewaz, Ph.D., joins Syl Michelin, CFA®, on the episode to delve into the major financial components for consideration for U.S. expats already living in or thinking of moving to the United Kingdom.
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Links
Moving to the UK as a US Expat (White Paper)
Walkner Condon's YouTube Channel
Educational Materials for Expats
Contact Us
Speak to One of Our Financial Advisors
Taxes for Americans Abroad & U.S. Expats with Leo Zimny, CPA & Tax Director at Expat U.S. Tax
Though this episode originally aired on our main Gimme Some Truth feed prior to the launch of Gimme Some Truth for Expats, the topic of taxes is a vital one when it comes to the U.S. expat experience. That's why we felt it was imperative to include this introduction to U.S. expat taxes as part of the GST for Expats feed. You can read more about the episode below from the original description.
Walkner Condon international advisors Keith Poniewaz and Stan Farmer bring U.S. expat tax expert Leo Zimny, CPA, on the show to cover the basics of taxes for Americans abroad. While many people would prefer to steer clear of the topic of taxes, they are an integral part of a holistic financial plan, especially for U.S. expats and Americans considering a move abroad. Zimny, who is Tax Director for Expat U.S. Tax, touches on his career, which started with PwC, and his transition to working with international individuals. He also highlights some key areas for U.S. expats or prospective expats to keep in mind during, and after, their move abroad.
LINKS
Walkner Condon's YouTube Channel
Educational Materials for Expats
Contact Us
Speak to One of Our Financial Advisors
What is the Best Brokerage for Expats?
So what's the best brokerage for U.S. expats?
If that's not the question we hear most, then it certainly ranks right up there for the most-asked financial question when it comes to being an American abroad and trying to invest. Like any oft-searched, idiosyncratic inquiry, this question has no one right – or wrong – answer. The best version of a succinct response? "It depends."
Our team of expat advisors – Stan Farmer, CFP®, J.D.; Syl Michelin, CFA®; and Keith Poniewaz, Ph.D. – shed some light on a subject that can be frustrating and nerve-wracking, whether you're already abroad and your current brokerage is closing your accounts, or you're in the early stages of planning a move.
Questions around finding a brokerage as a U.S. expat? Send us an email – podcast@walknercondon.com or see the links section below for information and expat materials.
LINKS
Best Brokerage for Expats (article)
Educational Materials for Expats
Subscribe to Walkner Condon's YouTube Channel
Contact Us
Speak to One of Our Financial Advisors
An Introduction to Financial Planning & Investing for U.S. Expats: The Top Financial Issues for Americans Abroad
In our first episode of Gimme Some Truth for Expats, Keith Poniewaz (Ph.D.), Stan Farmer (CFP®, J.D.) and Syl Michelin (CFA®) bring their first-hand knowledge as expats to the table to set the stage for the podcast, as they outline the key financial complications for Americans outside of the U.S.
Unfortunately, being an American and moving abroad doesn't mean smooth sailing when it comes to avoiding Uncle Sam and those U.S. taxes. Keith, Stan, and Syl detail what citizenship-based taxation means, something that makes the U.S. particularly unique on the taxation front. As Stan puts it, you can cut ties physically with the U.S., but not fiscally. They also cover compliance and reporting, touch on Passive Foreign Investment Companies (PFICs), and more. And before you go canceling those relocation plans because of how complex and stressful financial life might seem as a U.S. expat, there's also good news too – things like the Foreign Earned Income Exclusion.
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Walkner Condon's YouTube Channel
Educational Materials for Expats
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