U.S. Taxes for Worldly Americans: The Traveling Expat's Guide to Living, Working, and Staying Tax Compliant Abroad

The expat tax bestseller, newly updated edition for 2021!

Are you a citizen of the United States who lives abroad? You probably know America is one of only two countries that taxes its citizens on their worldwide income, regardless of where they live or work. If you're thinking about becoming a digital nomad or expatriating to another country, do you know how to avoid paying unfair taxes on your income while abroad? There may be huge penalties and tax evasion charges if you don't file correctly.    By combining the right strategies for citizenship, residency, banking, incorporation, and physical presence in other countries, most Americans abroad can legally lower their U.S. tax owing to $0. In U.S. Taxes for Worldly Americans, Certified Public Accountant, U.S. immigrant, expat, and perpetual traveler Olivier Wagner shows you how to use 100% legal strategies (beyond traditionally maligned "tax havens") to keep your income and assets safe from the IRS.    Olivier covers a wealth of international tax information updated for 2019, including:   · Step-by-step instructions for the Forms and Schedules you will use to file your offshore tax, no matter where you are.  · How to qualify for special deductions, credits, and exemptions on international taxation.  · Why opening bank accounts and corporations in foreign countries is easier than you think.  · How residency or citizenship in another country can legally lower your taxes.  · How your spouse and children (whether American or of another nationality) affect your tax situation.  · Practical advice for moving, living, and working with tax-free income in other parts of the world.  · What to consider before renouncing your American citizenship and saying goodbye to the IRS for good.  As a non-resident American, there is no single easy answer to lower your taxes. If you don't understand every possibility, you could end up paying too much. Embrace a worldly lifestyle with confidence as you master the U.S. tax system for Americans living overseas

"Olivier makes the difficult business of filing US Taxes simple to understand."

Dan Andrews, Tropical MBA

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"As I recently became a location independent small business owner, I was dreading the tangled mess of my new tax situation. U.S. Taxes for Worldly Americans not only lays out in detail all the relevant taxation regulations and strategies I had barely heard of before, but also presents practical choices I had not even considered. I no longer feel intimidated by the challenge of staying on good terms with the IRS. Spare yourself the confusion of following the advice of unqualified amateurs and go with a book written by a professional who has lived it."

Brent Zahradnik, AMZ Pathfinder

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"U.S. Taxes For Worldly Americans is an excellent book which makes a complicated subject understandable. As an expat myself I really appreciate the value offered: Even renouncing citizenship is covered in depth!"

Eric Z, zbooks.co

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"Olivier Wagner's book is an exceptional U.S. tax guide for Americans abroad, which contains just enough information so that you CAN 'understand your tax requirements', but not so much information that you 'CAN'T understand your tax requirements'."

John Richardson, CitizenshipSolutions.ca

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"I have worked with Olivier Wagner on many projects. He is the first person I went to when asking about my taxes. I had some questions about qualifying for the Foreign Earned Income with the Physical Presence Test. From using the method in his book, I saved a few thousand in taxes! Great advice to use the loopholes the U.S. government gives us entrepreneurs."

Chris Reynolds, The Entrepreneur House

Certified Public Accountant, U.S. immigrant, expat, and perpetual traveler Olivier Wagner preaches the philosophy of being a worldly American. He uses his expertise to show you how to use 100% legal strategies (beyond traditionally maligned "tax havens") to keep your income and assets safe from the IRS. Before obtaining my U.S. citizenship and traveling all over the world, he was born and raised in France. His experience learning the intricacies of the U.S. immigration process combined with his desire to travel freely lead me to specialize in taxes for Americans living and working abroad. He helps Americans Abroad file their taxes and devise strategies that make sense for their lifestyle. These strategies encompass all aspects of registering an offshore business, opening a bank account abroad, and planning out new residencies and citizenships. He is operating the accounting firm 1040 Abroad. 1040 Abroad exists to help you make sense of an incredibly large world of possibilities. Find out more by visiting www.1040abroad.com

Gregory Diehl is the author of multiple bestselling books on identity development for businesses and individuals. He is also the founder of Identity Publications, an organization that produces and publishes books containing ideas that matter. Diehl travels to more than 50 countries, enjoys homesteading in Ecuador and Armenia, and kidnaps felines from streets around the world. Connect with him at gregorydiehl.net or identitypublications.com.