Episode 56: Cross-Border Tax Planning for Expats and Entrepreneurs

July 21
24 mins

Episode Description

Thinking about living, working, or doing business abroad?


On this episode, David continues his conversation with Vincenzo Villamena, Founder and CEO of Online Taxman, for Part 2 of their discussion on international tax planning for Americans abroad. Vincenzo explains what U.S. citizens, entrepreneurs, expats, and global investors should consider before moving overseas, doing business internationally, or even renouncing U.S. citizenship. From coordinating U.S. and local tax rules to understanding exit tax, covered expatriate status, foreign earned income exclusions, and choosing the right international tax advisor, this episode offers practical guidance for making informed decisions in an increasingly connected world.



Key Takeaways:


→ Cross-border tax planning should begin before moving or doing business abroad
→ U.S. and local tax rules must be coordinated together
→ Renouncing U.S. citizenship can trigger major tax and immigration consequences
→ Exit tax may apply for covered expatriates with higher net worth
→ International tax experience matters when choosing the right advisor





More from Vincenzo Villamena and Online Taxman:


Website: onlinetaxman.com
LinkedIn: linkedin.com/in/vincenzo-villamena
Facebook: facebook.com/OnlineTaxman
Instagram: instagram.com/onlinetaxman





Engage with David T. Yu:


Connect on LinkedIn, Instagram, & Facebook

Sign up for our newsletter or book a call

Visit: DTY Wealth Planning Solutions

Learn more about your ad choices. Visit megaphone.fm/adchoices

See all episodes