LLGM
American expat in Canada
Forum posts
52
About me
American
Lives in Hamilton
Registration: 30 December 2014
Double taxation for American expatriates by timoday1
Hello, I am an American expatriate. Please sign my petition to change the current tax system from a citizenship based taxation to a resident based taxation so that the 8.7 million expatriates can afford to live and raise a family outside the USA. ...
Hi timoday1 Your petition is only one of hundreds of efforts to get the US to understand the plight of US Expats. These, unfortunately, are failing and we are seeing the rise of US-as-dictator. They will pay when China's currency exchange bank ... Read More
Dual citizens and FATCA in Greece. by Telesilla
Hello everybody. I hope you will excuse any mistakes in English. I am a Greek American living in Greece for ... ever (almost). We moved back to Greece when I was only six. Now I just recieved a letter from my bank that I ought to fill in a w-9 form, ...
Hi, I'm writing from Canada. I've been following the FATCA issue very closely for about 18 months. The best resources for asking FATCA questions and getting support in your decisions (about forms at the banks, about possible renunciation ... Read More
U.S. Expats in Canada - What Canadian banks will be reporting by SawMan
This summary of how Canada has implemented its FATCA intergovernmental agreement with the U.S. on reporting on U.S. citizens may be of interest. It was written by a Toronto based law firm, WeirFoulds LLP: What is FATCA? The Foreign Account Tax ...
Not necessarily too late according to a number of highly regarded constitutional, tax and citizenship legal experts. See the Alliance for the Defence of Canadian Sovereignty ( http://www.adcs-adsc.ca/ ) and, if you do not think the US should be ... Read More
U.S. Expats in Canada - What Canadian banks will be reporting by SawMan
This summary of how Canada has implemented its FATCA intergovernmental agreement with the U.S. on reporting on U.S. citizens may be of interest. It was written by a Toronto based law firm, WeirFoulds LLP: What is FATCA? The Foreign Account Tax ...
Good morning, Kenjee, Thank you for your comments. And I agree. Read More
Journalist seeking American expats in Toronto
Are you still interested in this topic? Are you interested in how American's living in Toronto feel about what their country-of-origin is doing to their lives while they live here in Canada? Are you familiar with FATCA? Want to know more? ... Read More
U.S. Expats in Canada - What Canadian banks will be reporting by SawMan
This summary of how Canada has implemented its FATCA intergovernmental agreement with the U.S. on reporting on U.S. citizens may be of interest. It was written by a Toronto based law firm, WeirFoulds LLP: What is FATCA? The Foreign Account Tax ...
I am no loonier than you, Sawman. You who may be able to "share" the "information rules" as have been imposed on Canada by the US, but (it appears, and particularly given that you are NOT an Expat and DO NOT live in Canada) ... Read More
U.S. Expats in Canada - What Canadian banks will be reporting by SawMan
This summary of how Canada has implemented its FATCA intergovernmental agreement with the U.S. on reporting on U.S. citizens may be of interest. It was written by a Toronto based law firm, WeirFoulds LLP: What is FATCA? The Foreign Account Tax ...
Sawman, [Moderated item ] Well, what do you, from your comfortable chair as a non-US-expat, know about the draconian effects of FATCA on US persons living abroad? Perhaps you have swallowed the "homelander myth" that all US persons ... Read More
U.S. Expats in Canada - What Canadian banks will be reporting by SawMan
This summary of how Canada has implemented its FATCA intergovernmental agreement with the U.S. on reporting on U.S. citizens may be of interest. It was written by a Toronto based law firm, WeirFoulds LLP: What is FATCA? The Foreign Account Tax ...
Thorough information, SAWMAN. However, readers should be made aware that this information comes straight from a compliance-industry (accountancy/tax-filing) company which makes it's money with more and more US tax filing rules (so has a very ... Read More
Americans Banking in VN - Compare banks - FATCA discussion by cvco
I had been reading the Bank Comparison thread from the start and was itching to talk about FATCA and then finally someone did. But we will start this thread to continue comparisons of banks but from the American perspective as its they who are ...
CVCO - Clearly this is a thread where people living overseas are finding out about/ interested in FATCA issues So I added my newbie-to-this-blogsite info RE FATCA, including mention of the Isaacbrocksociety site from Canada which has been focusing ... Read More
FATCA and FBAR in Brazil; who's running the show here anyway??? by James
By now the reality of the US Foreign Accounts Tax Compliance Act (FATCA) and Foreign Bank Account Reporting (FBAR) has sunk in with US citizens in Brazil. It kind of makes you wonder just who's running the show in this country anyway, the ...
Accurate - - this is not a tax-deductible charitable contribution. But people contribute to political causes all the time to support what they believe in. If one feels that FATCA is a repugnant invasion of sovereignty and privacy, they can put ... Read More
banking in Ecuador by jillnsy
I have just joined your forum in hopes to get some real answers from real people who feel the same way we do. We are retiring to Ecuador in June 2012 most likely on the ocean (Crucita)or a little south of Manta.We live in Ontario Canada right now. ...
From my reading, I disagree. It seems to me there is a strong urge to revamp and simplify the US tax system which is overwhelmingly complex and patchwork. Whether or not this will eliminate citizen-based in preference for residence-based taxes (to ... Read More
FATCA and FBAR in Brazil; who's running the show here anyway??? by James
By now the reality of the US Foreign Accounts Tax Compliance Act (FATCA) and Foreign Bank Account Reporting (FBAR) has sunk in with US citizens in Brazil. It kind of makes you wonder just who's running the show in this country anyway, the ...
From the great white north: I totally agree with James in his rage against the US presuming to rule the laws of the world and, especially, the chinking away of Canadian sovereign rights to legislate within it's borders. But also I am stunned ... Read More
banking in Ecuador by jillnsy
I have just joined your forum in hopes to get some real answers from real people who feel the same way we do. We are retiring to Ecuador in June 2012 most likely on the ocean (Crucita)or a little south of Manta.We live in Ontario Canada right now. ...
SawMan - The Canadian lawsuit makes no claims about US law, only the infringement of Canadian law in Canada. Jim Bopp and Republicans Overseas will have to do their legal work inside the US to overthrow FATCA. But I still contend that the ... Read More
FATCA and FBAR in Brazil; who's running the show here anyway??? by James
By now the reality of the US Foreign Accounts Tax Compliance Act (FATCA) and Foreign Bank Account Reporting (FBAR) has sunk in with US citizens in Brazil. It kind of makes you wonder just who's running the show in this country anyway, the ...
First of all, there could be a number of tweeks that could be accomplished which would alter the course of this attempt to find "money launderers" and "tax cheats" that would not so disrupt the lives of US citizens abroad AND ... Read More
banking in Ecuador by jillnsy
I have just joined your forum in hopes to get some real answers from real people who feel the same way we do. We are retiring to Ecuador in June 2012 most likely on the ocean (Crucita)or a little south of Manta.We live in Ontario Canada right now. ...
This lawsuit, even if successful (which it won't be) will have no effect whatsoever, especially on U.S expats living outside Canada and going back to a pre-FATCA world is not going to happen, so says Canadian lawyers familiar with the suit. ... Read More
Maximum money deposit for expat American by Wayne 07
I need to know if there is a maximum amount of money that the United States will allow a U.S. citizen to deposit in a Filipino bank? I was told there is. If there isn't and you deposit let's say $50,000.00 does U.S. require taxes to be paid ...
[moderated: off topic + pls avoid duplicate post] Read More
banking in Ecuador by jillnsy
I have just joined your forum in hopes to get some real answers from real people who feel the same way we do. We are retiring to Ecuador in June 2012 most likely on the ocean (Crucita)or a little south of Manta.We live in Ontario Canada right now. ...
Hi, I'm new to Expatblog, The topic at this forum seems to be focused on banking in Ecuador and I'm trying to reach US Expats who may be having trouble with banking, likely mostly due to FATCA. If any of you are really concerned about ... Read More
U.S. Expats Will Be "Grilled" As To Why They Are Wiring $$$ to Ecuador by cccmedia
The U.S. Government is requiring banks "to grill" U.S. Expats to find out the reason why they are sending money out of the country to EC via wire transfer. This is one of the sobering items for wire-transfer candidates to think about, ...
[moderated: could you please avoid duplicate post] Read More
Changes in US policies on Expats Earning Abroad by Susan F.
I've been hearing about many changes that the US is placing on foreign banks who handle US expats's accounts. I am in the process of considering retirement in Ecuador. My money would come from a small trust and my Social Security income. ...
Hi, I'm new to Expatblog, While the topic at this forum is Changes in US Policies for US Expats and other investment issues, if any of you want to know about a serious, now in the courts legal action against FATCA and one country's IGA, ... Read More
Retirement savings by serg117
Hi all. After years of ignoring the fact that as a foreign citizen I won't be entitled to any Hungarian pension, I finally moved to consider my retirement savings options. Basically, I would like to protect my after-tax earnings against the ...
Hi, I'm new to Expatblog, While the topic at this forum is FBAR and other investment/retirement savings issues, if any of you want to know about a serious, now in the courts legal action against FATCA and one country's IGA, take a look at ... Read More
Should U.S. Citiznes living overseas be scared of the FBAR form? by expatprotax
The U.S. Department of the Treasury has issued new directives that they will continue to enforce filing of the FBAR report by all citizens of the U.S. who have over $10,000 on any one day during a calendar year. The penalty for not filing the ...
Hi, I'm new to Expatblog, While the topic at this forum is FBAR, if any of you want to know about a serious, now in the courts legal action against FATCA and IGA, take a look at #2 posting over in the Brazil Forum called FATCA & FBAR; ... Read More
FATCA changing game for Chinese expats by Spring B
IRS seems to be out to get anyone, anywhere. Pretty in-depth presentation here on impact it's having on Chinese who want to move to US and US expats in China. bit.ly/FATCAchina
Greetings from Canada! I have only recently found/joined Expatblog and am discovering a whole world of interesting issues. The main issue which brought me to Expatblog was my wish to: (1) find out information on what other US expats around the ... Read More
FATCA, FBAR & What to Do If You Haven't Been Filing All Your US Taxes by Spring B
A lot of us US expats have forgotten, or "forgotten" to file some of our US tax reports. New regulations like FATCA are making it much harder to evade taxes - and the penalties aren't pretty. [url=http://bit.ly/OFld1b]Good overview here[/url] about ...
Greetings from Canada! I have only recently found/joined Expatblog and am discovering a whole world of interesting issues. The main issue which brought me to Expatblog was my wish to: (1) find out information on what other US expats around the ... Read More
Americans Banking in VN - Compare banks - FATCA discussion by cvco
I had been reading the Bank Comparison thread from the start and was itching to talk about FATCA and then finally someone did. But we will start this thread to continue comparisons of banks but from the American perspective as its they who are ...
Greetings from Canada! I have only recently found/joined Expatblog and am discovering a whole world of interesting issues. The main issue which brought me to Expatblog was my wish to: (1) find out information on what other US expats around the ... Read More
Americans in Belgium and FATCA law? by SueMed
Hi everyone is anyone familiar with the FATCA law? Foreign Account Tax Compliance Act The Foreign Account Tax Compliance Act (FATCA) is a portion of the 2010 Hiring Incentives to Restore Employment (HIRE) Act. The FATCA requires individuals to ...
Greetings from Canada! I have only recently found/joined Expatblog and am discovering a whole world of interesting issues. The main issue which brought me to Expatblog was my wish to: (1) find out information on what other US expats around the ... Read More
FATCA and FBAR in Brazil; who's running the show here anyway??? by James
By now the reality of the US Foreign Accounts Tax Compliance Act (FATCA) and Foreign Bank Account Reporting (FBAR) has sunk in with US citizens in Brazil. It kind of makes you wonder just who's running the show in this country anyway, the ...
Greetings from Canada! I have only recently found/joined Expatblog and am discovering a whole world of interesting issues. The main issue which brought me to Expatblog was my wish to: (1) find out information on what other US expats around the ... Read More
US Citizens and Income Taxes by mugtech
As long as you are a US Citizen the IRS expects you to report your world wide income and pay tax accordingly. If you are living on Social Security benefits and have no other income you will owe no income tax, Social Security benefits gradually ...
James, thanks for these words of support; overall, I couldn't agree more!!! Just to clarify a couple issues: The Canadian constitutional challenge has to go to Federal Court first; it is likely that if the Government gets it's knuckles ... Read More
Getting married in the Democratic Republic of Congo by Armand
Hi all, We invite all the ones who got married in the Democratic Republic of Congo or who are about to get married in the Democratic Republic of Congo to participate in this thread :) What are the formalities to get married in the Democratic ...
Hello from Canada and Happy New Year, I have no help for you in terms of a Congolese wedding, tho it must be quite interesting to consider. Beyond that, I write to make sure you are well aware of what you are heading into in relation to FATCA and ... Read More
getting married to american citizen by dza87
hello, first i want to thank all of u for the information though till now i know already all of them i wish to find the answers for my questions here as soon as possible! i am going to married my american fiance soon, we don't have much time, ...
HI, Many, maybe most, of your questions I can not answer. However, as you are marrying a US citizen, you should learn about what that means in terms of your financial assets. If you will be living in Egypt or any other country other than in the US, ... Read More
New members of the Canada forum, introduce yourself here by Julien
Hi all, Newbie on the Canada forum? Don聮t know how to start? This thread is for you ;) We invite you to introduce yourself on this topic, to share with us your expat story if you are already living in the country, or to tell us more on your ...
Hi BlueHusky, Canadians are generally VERY open to people from many different parts of the world and different backgounds, big cities of course generally more than small towns. Toronto is particularly a multi-cultural haven and has quite a number ... Read More
New members of the Canada forum, introduce yourself here by Julien
Hi all, Newbie on the Canada forum? Don聮t know how to start? This thread is for you ;) We invite you to introduce yourself on this topic, to share with us your expat story if you are already living in the country, or to tell us more on your ...
Good morning, James, and Happy New Year to you from the cold white north. Thanks for the warm welcome; indeed, I really like your WELCOME-in-many-languages-and-flags sign. Unlike the past dozen or so years when New Years' was spent in sunny ... Read More
US Citizens and Income Taxes by mugtech
As long as you are a US Citizen the IRS expects you to report your world wide income and pay tax accordingly. If you are living on Social Security benefits and have no other income you will owe no income tax, Social Security benefits gradually ...
The administrative fees are nothing compared to the so-called "exit tax" that may be due. In general, "covered expatriates" are treated as if they had liquidated all of their assets on the date prior to their expatriation. The ... Read More
US Citizens and Income Taxes by mugtech
As long as you are a US Citizen the IRS expects you to report your world wide income and pay tax accordingly. If you are living on Social Security benefits and have no other income you will owe no income tax, Social Security benefits gradually ...
Yes, Mugtech, you are right. But I think it is rare that folks who head out of the US are doing so thinking, immediately, that they are "moving out never to return". So expats keep their US citizenship while trying out a new home; it is ... Read More
US Citizens and Income Taxes by mugtech
As long as you are a US Citizen the IRS expects you to report your world wide income and pay tax accordingly. If you are living on Social Security benefits and have no other income you will owe no income tax, Social Security benefits gradually ...
Hi BobH: Republicans Overseas have hired a highly respected US constitutional lawyer (Jim Bopp) to challenge FATCA within the US given that FATCA violates several basic Constitutional/Bill of Rights sections, particularly freedom from undue search ... Read More
New members of the Canada forum, introduce yourself here by Julien
Hi all, Newbie on the Canada forum? Don聮t know how to start? This thread is for you ;) We invite you to introduce yourself on this topic, to share with us your expat story if you are already living in the country, or to tell us more on your ...
Hi, this was tacked onto my new-member introduction but I thought I should paste it on your intro message so it gets directly to you, Domi007: PS to Domi007 - Do consider coming to Canada; if you get a US Greencard you are signing yourself up to ... Read More
New members of the Canada forum, introduce yourself here by Julien
Hi all, Newbie on the Canada forum? Don聮t know how to start? This thread is for you ;) We invite you to introduce yourself on this topic, to share with us your expat story if you are already living in the country, or to tell us more on your ...
Hi, my name here is LLGM and I just discovered Expatblog. I am an expat from the US but have lived here in Canada for more than 40 years, so I'm not a Canadian newbie. I wanted to connect with this site to expand my contacts with US folks ... Read More
US Citizens and Income Taxes by mugtech
As long as you are a US Citizen the IRS expects you to report your world wide income and pay tax accordingly. If you are living on Social Security benefits and have no other income you will owe no income tax, Social Security benefits gradually ...
Hi folks, I'm brand new to the Expatblog so am just exploring. I see from the discussion I landed upon here that all you US expats seem to be aware of FATCA and FBAR (plus all the other "gifts" that the IRS has given to US-citizens living abroad ... Read More