A clip from The Expat Money Show features an account of a Canadian bank account being locked following a small Bitcoin purchase, with commentary on increasing restrictions in Canada's banking system. The segment presents Bitcoin as an alternative for those concerned about banking access.
Turkey has introduced a 20-year exemption on foreign-source income for qualifying individuals, effective from 2026. The measure is aimed at attracting international capital and investors relocating to Turkey.
A California union backing a proposed 5% billionaire tax offered to reduce the rate to 2% after the measure cleared a signature threshold, but Governor Newsom declined. Six billionaires had reportedly already left the state following the proposal.
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 Quebec Experience Program (QEP) will be reinstated from July 2, 2026, to July 2, 2028, with applications accepted in stages. The first stage runs July 2 to October 31, 2026, for applicants who obtained a Quebec diploma or eligible work experience.
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.
Canada has suspended an undisclosed number of citizenship certificates issued under its new citizenship by descent law, citing documentation concerns. Of the 4,075 certificates issued since December, affected recipients have been ordered to return their documents.
Hungary's deputy foreign minister has stated that officials from the previous Orbán-era government used a discretionary 'national interest' pathway to grant EU citizenship to Canadian applicants with no Hungarian ties in exchange for payment. The route reportedly bypassed standard eligibility requirements.
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.