147: The Rise of Second Citizenship: Why U.S. Citizens Are Renouncing Their Status with with Olivier Wagner episode artwork

EPISODE · Apr 15, 2024 · 25 MIN

147: The Rise of Second Citizenship: Why U.S. Citizens Are Renouncing Their Status with with Olivier Wagner

from Jet Setter Show

Join us in welcoming Olivier Wagner, founder of 1040 Abroad, to the show. With increasing interest in Plan B options and international living, especially post-COVID, Olivier offers insights into becoming a global citizen. Discussion highlights include the trend of U.S. citizens renouncing their citizenship due to worldwide income tax obligations, enforced by FATCA and FBAR regulations. Olivier explains tax strategies like the Foreign Tax Credit and Foreign Earned Income Exclusion for expats. He also discusses Mexico as a favorable destination for expatriates due to its relaxed residency and banking requirements. Learn more at https://1040abroad.com/   Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

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