×
Interested in our Partner Program for businesses or our Local Guide Program for experienced expats and digital nomads? Click here to learn more.
Expat Exchange
Free MembershipSign In

new law in US July 1st 2014

10 years ago
I've read that this law will impact expats' banking. I don't mind paying Uruguay taxes, but I've alrady been taxed on the money I'll be swifting. Supposedly foreign banks will have to report to the US IRS if an expat has over 50k in their bank...a bunch of paperwork for them! Will BBVA report back? Costa Rica had some banks who wouldn't work with the US.
The IRS is trying to stop offshore caches....

AGS Worldwide Movers
AGS Worldwide Movers
SJB Global
SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

SJB GlobalSJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

AGS Worldwide Movers
AGS Worldwide Movers

Copyright 1997-2025 Burlingame Interactive, Inc.

Privacy Policy Legal Partners & Local Guides