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Do I Have To File US Tax Return From Abroad?

I am an American citizen who has lived in Mexico for 20 years. An accountant told me that if I spend only 30 days out of the US a year, I don’t have to pay federal income tax. Is this true? If it is, then do I have to file a tax return every year? Tabitha Paddock of Greenback Tax Services answered this question. You are required to file a US ...

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Detailed responses to highly personalised questions are not always possible.

Free Healthcare After A Move To Spain?

As a couple we are considering a move to Spain. I am 57 and eight years in from breast cancer, and my husband is 69 with a pacemaker. We are just starting to look and wanted any advice you can give. Andrew Apps of expat financial advisers Bellwood Prestbury answered this question. As an expat, you are currently entitled to free state healthcare if you are: Resident in Spain and work in employment ...

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Should I Bill Through A Company Or Direct?

I’m working with a German contractor, billing it for my services through my UK limited company. I have heard that after two years contracting by German law they need to employ me direct. Is this correct? Nick Broughton of Capital-GES answered this enquiry.   “If you are working in Germany on a contract for any period of time it’s not legal to use your UK limited company unless it’s registered ...

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Will Care Visits To UK Affect Our Tax Status?

My wife and I have permanent residence in Bermuda. We are returning to the UK for maybe several months to assist with the care of my elderly father. Will we become resident in the UK at some point and subject to UK taxes? Jason Porter of expat financial advisory firm Blevins Franks answered this question. “Basically, if you spend more than 183 days in the UK in a tax year (6 April 6 to 5 April), t ...

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Property Or Pension For Retirement Savings?

My wife and I have been expats since 2000 and are likely to return to the UK this year. We have invested in UK property as a ‘retirement fund’ but have heard that new capital gains tax rules may affect our returns. We have been offered a qualifying non-UK pension scheme (QNUPS) as an alternative. Would this help? Stuart Ritchie, chartered financial planner & chartered wealth manager with expat ...

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Move To Europe During Brexit?

Do you think that now is a good time to relocate to the continent? I am not sure how things are going to pan out, and whether it would be better to move to France or Spain in the current Brexit climate. Jason Porter of expat financial advisory firm Blevins Franks answered this question. “Whether it would a good idea to relocate to the continent will depend upon a number of factors, and an awful lo ...

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Tax On A Move Back To Canada?

I am a Canadian non-resident in the Czech Republic. I plan to return to Canada in two years’ time to finish working and eventually retire. I filed a T1 General form for 2015 as I had a small amount of interest income from a bank account I hold in Canada. Must I always report interest income? I also want to transfer money into a Canadian investment account. Michael Atlas of TaxCA.com answered this ...

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Puzzles Over Expat Pension

I am unsure if my overseas pension (QROPS) is free from UK inheritance tax? It seems the case if you remain offshore, but is a bit grey if you come back to the UK – even after five years away. Stuart Ritchie, Chartered Financial Planner & Chartered Wealth Manager with expat financial advisers AES International, answered this question. I am unsure if my overseas pension (QROPS) is free fr ...

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