Argentina has approximately 64 banks, including state-owned and private institutions, offering peso and dollar accounts, digital banking, and credit cards to both residents and foreigners. The guide covers how the Argentine banking sector operates for foreign nationals.
Argentina is characterized as a lifestyle destination rather than a tax-friendly jurisdiction, with Buenos Aires and wine regions cited as draws. Costs are described as high and property-related bureaucracy as particularly burdensome.
529 plans offer tax advantages for US citizens living abroad and may be used for some overseas education expenses, though not all foreign education costs qualify. Eligibility rules and qualifying expense categories apply to Americans using these plans while residing outside the US.
The IRS is reportedly considering adding a dual citizenship question to Form 1040, according to a Reuters report. The proposal could affect the estimated five million or more US citizens who hold citizenship in another country.
Uruguay's previous 11-year foreign income tax exemption, which required only 60 days per year and a modest real estate purchase, has been revised for 2026. The updated rules raise investment thresholds, introduce a physical presence requirement for one option, and bring foreign capital gains into scope, while three qualifying paths to the exemption remain available.
Greece offers a flat €100,000 annual tax on all foreign-sourced income for qualifying wealthy residents, a regime that has remained unchanged since its introduction in 2020. The scheme is available to individuals relocating their tax residency to Greece.
US expats who filed Form 4868 before the June 15 deadline have until October 15 to submit their 2025 tax return and avoid late-filing penalties. The FBAR is also due on October 15, regardless of whether a US tax return is required.
The IRS treats Green Card holders as US tax residents, requiring them to report worldwide income regardless of where they live. This obligation persists even when residing outside the United States.
Marginal tax rates determine the rate applied to the highest portion of income, affecting how raises, bonuses, freelance earnings, and overseas income are taxed by the IRS. Only the income within each bracket is taxed at that bracket's rate, not total income.