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

This is an indispensable resource for Americans living abroad. It covers all aspects of expat taxation, offering practical advice and invaluable insights to ensure compliance and informed financial decision-making.The author presents complicated information in a way that is easy to understand and apply. From understanding foreign tax credits to knowing foreign earned income exclusions, the book has concise explanations and practical examples to demystify the tax process for expatriates.The book addresses common pitfalls and provides guidance for minimizing tax liabilities while living abroad. Readers are briefed with the knowledge needed to navigate the complexities of U.S. tax law. How to renounce U.S. citizenship is also covered, along with the laws and liabilities involved in this complicated legal procedure.This guidebook also has valuable insights into other aspects of expat life, such as obtaining dual citizenship, managing foreign bank accounts, and planning for retirement abroad. Readers are well-prepared for both the challenges and opportunities of living and working overseas.There are strategies in this book to benefit different types of travelers, and it's a must-read for U.S. expats and prospective expats who haven't thought much about their taxes.

Great intro to this matter - easy to read, well organized and with sufficient depth and detail to provide a complete overview of all the main aspects around taxation for US citizens abroad

The information is useful as an introduction. The book doesn't answer everything, but at least it shows you the pitfalls and the things to be careful about.

This is an essential book for anyone planning to work, move, or retire abroad. For up-to-date and thorough tax information, this book FAR better than books like  Getting Out: Your Guide to Leaving America (Process Self-reliance Series) .This isn't a "lite" read. It's a nuts-and-bolts, complete examination of EVERY aspect of tax options for expats, retirees, students, or anyone spending significant time outside the U.S.Since my husband and I are planning a move to the British Isles, I've been researching this topic, intensely. Nothing I've found comes even CLOSE to the insights in this book.For starters, I completely misunderstood which forms (and taxes) had to be filed in the U.S., regardless of where our income was earned. Also, I didn't understand how Social Security (etc.) taxes are handled, for Americans living abroad and paying taxes where they're living.This book clearly explained the fine points of U.S. taxes and related laws.Also, for those with long-term plans to live abroad, this book is a gold mine.For example, I didn't realize that we could travel -- and live abroad -- on a second, legal passport that might be somewhat expensive, but it could simplify our travel plans. In this book, a lengthy chart explains which countries offer this option, the approximate cost, and what -- if any -- residency requirements are involved. And no, they're not all "banana republics." You'll see countries like Canada and the U.K.on this list.Also, this book features the most complete list I've seen, explaining which countries offer citizenship based on your ancestry. (I knew about Ireland, but not about several others. I'll definitely check my family tree.)I can't imagine planning an international move -- for work, for college, or for retirement -- without this information. This is the ONLY book I've seen to cover this topic in depth.And, if you're already living in a country outside the U.S., and weren't 100% SURE you're meeting every tax requirement... this book will explain every possible option to save money (and avoid legal problems).

If you are like me an expat ( currently living in China) or you are planning to make a life outside of the United States load up your Kindle or pack some books of references and knowledge. You can start with a language book (Chinese is hard), a history book about the country you will relocate to, and avoid misleading information and getting into hardship with Uncle Sam by reading "U.S. Taxes for Worldly Americans: The Traveling Expat's Guide to Living, Working" by Olivier Wagner.You might think that you don't have to file taxes because you read it in some expat community blog full of misleading information but US tax laws are always changing. You can ask five different expats about what should you do with your taxes and get five different answers. Forget about contacting the US consulate in your host country they have strange hours. Oliver Wagner's book is straightforward, and to the point, his tax guide will help you understand what you need to do to have a piece of mind, most of us expats want to return one day to America without having the hassle of dealing with IRS. This book is currently updated for 2018, in fact, this book motivated me to file my taxes last night.Besides taxes, there is information for moving, living, and working aboard (always work legally). I think of Oliver's book as a tool to use when I have questions. Some expats want to start a business aboard or insanely renounce their citizenship there are chapters in this book covering such topics. I am glad I received this book to give an honest review I doubt that I will need to read another book about U.S. tax laws because "U.S. Taxes for Worldly Americans: The Traveling Expat's Guide to Living, Working" is well written, uncomplicated to grasp, and useful for future references.

If you’ve never files US taxes before, this is useful. I had been doing my taxes for a very long time before moving abroad, and did not learn anything significant in this book. The intricacies of filing from overseas, I had learned via online searches. If you have not researched these on your own, this book will be useful to you.

Very thin book which will tell you the importance of things like FATCA, etc, and will tell you to basically find out your status online - even though this is probably what you bought the book for.This book is simply a cash grab that tells you "watch out for these things".Save your time and go on any website - it will probably contain the same amount of text as this book, but actually be helpful.

American citizens living outside the United States are obligated to comply with a system of rules, regulations and procedures that are cumbersome, difficult to understand and punitive. Compliance with these rules (which are unique to American citizens) requires annual filings with the IRS. These filings include (but are not limited to) detailed information on most non-U.S. bank and investment accounts.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'.The title suggests that the book is for "Worldly Americans". Actually, the book is for "Every Day Americans" who are trying to live ordinary lives in a complex world.John Richardson - Toronto, CanadaCitizenshipSolutions.ca

I have worked with Mr Wagner over the last couple of years. He has been a valuable asset and has helped my family thru the tax minefield.The book is clear, concise and will be extremely helpful for people desperately trying to figure out how to handle their tax situation. The book will give you an appreciation that things are not as dire as they seem. Truly a "light" at the end of a dark tunnel.Even if your don't do your own taxes, it is imperative that you have a feel for what is being done on your behalf.

All the info within is easily searchable on the web. I thought I'd get some real insights reading this, but felt like I wasted my time, unfortunately.