Interested in moving to the U.S.? You’re not alone. The Department of Homeland Security 2015 Yearbook of Immigration Statistics states that over 1 million foreign nationals were granted lawful permanent residence and over 3 million foreign nationals were granted temporary work status in 2015.
Unfortunately, not all of them will undergo adequate inbound U.S. tax planning, and can be blindsided by the United States’ heavy reporting requirements under FATCA, the U.S. worldwide income tax system, the taxation of nonresidents, and the tax implications of eventually leaving the U.S.
REM’s dedicated international tax team has the experience and resources necessary to ensure that U.S. inbound taxpayers are prepared for the numerous tax challenges facing them. The best time to make a plan is before you arrive. Contact us here to be prepared.