If you are a US citizen living abroad, should you give up your citizenship? Attny. John Richardson & I discuss the pros and cons. John Richardson is a Toronto, Canada based lawyer who specializes in assisting US citizens and Green Card holders - who live outside the United States - navigate the issues caused by their US citizenship or US permanent residency. This includes financial planning, how to carry on a business, the tax reality of being a US citizen abroad and ultimately expatriation planning. In a FATCA and FBAR world, US citizenship abroad comes with special responsibilities.
He can be reached:
john@citizenshipsolutions.ca
http://www.citizenshipsolutions.ca
http://www.taxresidentabroad.com
Aaron Katsman is a licensed financial professional both in the U.S. and Israel. Call 02-624-0995 for a consultation on how to handle U.S. brokerage accounts from Israel. This video is for education purposes only and is not intended to give investment, legal or tax advice. If such advice is needed, contact a licensed professional who can help you. Securities offered through Portfolio Resources Group Inc. Member FINRA, SIPC, MSRB, FSI. The opinions expressed are those of the author and not of Portfolio Resources Group Inc., or its affiliates. Neither PRG nor its affiliates give tax or legal advice. Email me: aaron@lighthousecapital.co.il
