An overview of financial planning considerations relevant to US citizens residing outside the United States in 2026, covering topics such as tax obligations, investment accounts, and cross-border financial management.
In a 6–3 decision in Mullin v. Al Otro Lado, the US Supreme Court ruled on June 25, 2026 that the Immigration and Nationality Act does not require border officials to process asylum claims from individuals who have not yet physically entered the United States. The ruling upholds restrictions on asylum access at the border.
A video argues that the United States' reputation for stability and safety no longer reflects reality, and that most people continue to rely on the country's brand rather than its current conditions.
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.
The Department of Homeland Security has issued a proposed rule (RIN 1615-AD08) that would raise USCIS naturalization application fees to as much as $1,330, along with increases to related appeal fees. The proposal represents one of the largest fee increases for U.S. citizenship applications in recent years.
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.
EB-5 applicants are affected by a pause on immigrant visas, a crackdown on adjustment-of-status filings, and a September 2026 grandfathering deadline converging simultaneously. Investors in the program face significant procedural and timing pressures heading into 2026.
USCIS issued a policy memorandum on June 17, 2026, clarifying how temporary or seasonal need is evaluated for H-2A petitions involving dairy work. Dairy-related positions may qualify for H-2A classification if employers can demonstrate their labor needs are temporary or seasonal.