Cross-Border Financial Planning Guide

This guide covers the core financial planning considerations for individuals and families with ties to more than one country — whether through citizenship, residency, employment, business ownership, or asset location.

• US tax obligations abroad — the US taxes its citizens on worldwide income regardless of residence
• FBAR (FinCEN 114) — required for foreign financial accounts exceeding $10,000 in aggregate
• FATCA / Form 8938 — disclosure of specified foreign financial assets above threshold amounts
• Foreign tax credit — mechanism for offsetting double taxation in many cases
• Tax treaties — income and estate treaty provisions vary significantly by country
• International estate planning — situs rules, cross-border gifting, and forced heirship

For educational purposes. Tax laws change frequently. Consult a qualified adviser for guidance specific to your jurisdiction and situation.