Self-Employment Tax Deductions for U.S. Expats
U.S. citizens working self-employed abroad are still required to report business income on their U.S. tax return. Various deductions and credits may be available to reduce the resulting tax liability.
Neutralized, source-linked updates from nomad, tax, migration, and remote-work sources.
U.S. citizens working self-employed abroad are still required to report business income on their U.S. tax return. Various deductions and credits may be available to reduce the resulting tax liability.
A trend is reported of wealthy Americans obtaining second and third passports through investment and residency programs, treating them as high-value assets. The Daily Tribune article includes commentary from a citizenship-by-investment industry executive on the motivations behind this behavior.
Victoria Pearce, who relocated from the US to the UK after age 40, discusses her experience of moving abroad later in life. The conversation covers personal aspects of the transition.
The U.S. State Department announced on May 22, 2026 that all available Employment-Based Second Preference (EB-2) immigrant visas chargeable to India have been issued for fiscal year 2026. No further EB-2 visas will be available for India-chargeable applicants until the new fiscal year begins.
Some banks are now selling gold and silver bars and offering vault storage, prompting debate about whether holding precious metals within the banking system exposes investors to custody and control risks. The video argues that private, non-bank storage is preferable for those holding physical precious metals.
Cyprus's Migration Department launched a pilot online renewal service for temporary residence permits on May 22, 2026. The pilot covers renewals for temporary permits tied to remunerated employment and domestic employment with the same employer.
As of May 26, 2026, IRCC has changed visa requirements for eligible Indonesian and Malaysian citizens. Those who have held a Canadian temporary resident visa in the past 10 years, or who currently hold a valid US non-immigrant visa, may qualify under revised entry conditions.
US expats living abroad are often required to show proof of health insurance coverage as a condition of residency or visa approval in many countries. Global health insurance plans are available to meet both personal medical needs and country-specific requirements.
A video discusses citizenship options that may be available to holders of Caribbean passports. No specific program details or policy changes are provided in the available excerpt.
New Zealand has updated its NZ$5 million investor visa to allow Growth category applicants to direct up to 20% of their investment toward charities. This option was previously available only to Balanced tier applicants.
U.S. persons who receive gifts or inheritances from foreign individuals above certain thresholds are required to file Form 3520 with the IRS. Failure to file can result in significant penalties.
Uruguay offers free and compulsory education from age 4 through secondary school, with public tertiary education also free. The country has a 98% literacy rate and was the first to implement the One Laptop Per Child initiative via the Ceibal Plan.
An index tool allows comparison of real estate fundamentals across 160 cities worldwide to support international property investment decisions.
Some investors are moving away from single backup passport strategies toward holding residency and citizenship across multiple jurisdictions to maximize mobility options. This reflects a broader trend of treating geographic diversification as a core planning consideration rather than a contingency measure.
Panama has over 54 licensed banks operating as international, private, and offshore institutions, supported by a dollarized economy. The country is considered one of the major international banking centers in Latin America.
The Venezuelan government is replacing in-person consulate and embassy applications with an automated online system through the Ministry of Foreign Affairs platform for issuing travel safe-conducts (salvoconductos) to Venezuelan citizens who need to return to the country without a valid passport.
A community member argues that waiting for the ideal moment to travel is counterproductive and that there is no objectively perfect time to begin. The piece reflects on personal experiences with travel timing, solo versus group travel, and life on the road.
The IRS is considering a proposal that would require dual citizens to identify themselves on US tax returns. The measure would affect Americans holding second passports, not only undocumented immigrants as widely reported.
Kazakhstan, Uzbekistan, Kyrgyzstan, and Tajikistan are discussed as emerging relocation and investment destinations, covering topics such as Kazakhstan's reported $300K golden visa, Uzbekistan's real estate-to-residency pathway, and Kyrgyzstan's positioning as a low-cost alternative. The video frames these countries as secondary or contingency options rather than primary relocation choices.
A video outlines three lesser-known countries presented as options for obtaining a secondary residency as part of a contingency plan. No specific countries are named in the available excerpt beyond UAE, Paraguay, and Serbia as general examples of the presenter's work.
Turkey's parliament has enacted a 20-year tax holiday on foreign-sourced income, clearing the final legislative hurdle for the measure proposed by President Erdogan. The law gives Turkey one of the more extensive foreign-income tax exemptions available globally.
USCIS has restricted in-country green card applications by reclassifying adjustment of status as "extraordinary relief" rather than a routine pathway. A vague "economic benefit" exemption leaves EB-5 investor visa holders uncertain about their eligibility.
USCIS issued Policy Memorandum PM-602-0199 on May 21, 2026, instructing officers to treat adjustment of status as an extraordinary discretionary benefit requiring applicants to affirmatively demonstrate they merit a favorable decision. The memo does not change existing statute or regulations but signals a stricter evaluative posture for AOS applications.
On May 22, 2026, USCIS issued a policy memo stating that adjustment of status is a matter of discretion and administrative grace, effectively requiring immigrants to complete the process outside the United States. This represents a significant change to how green card applications are processed for individuals currently residing in the US.
The video argues that residence and citizenship program prices historically increase and programs disappear, making early acquisition advantageous. Recent geopolitical instability is cited as a reason to obtain second passports sooner rather than later.
Panama's education system is divided into four stages: preschool (ages 4–5), primary school (ages 6–12), pre-media (ages 12–15), and secondary school (ages 15–18). The school year runs from early March to mid-December, split into three trimesters, with a summer break in January and February.
Mexico's Ministry of Foreign Affairs, jointly with the Ministry of the Interior, has published a reform to the General Guidelines for the Issuance of Visas. The reform introduces new visa requirements targeting specialized foreign personnel providing services related to technology and strategic projects.
US citizens retiring in Spain must navigate legal residency requirements, Spanish and US tax rules, and varying costs of living. The article covers visa options, healthcare access, and tax considerations relevant to long-term relocation.
A video discusses where expatriates departing Dubai are choosing to relocate. No specific destination data or policy changes are detailed in the available excerpt.
The São Tomé and Príncipe passport provides visa-free or visa-on-arrival access to 93 countries as of 2026, including 24 countries with full visa-free entry. Access destinations are categorized by location and entry privilege type.