Abroad in America

Many expats working in America contribute to a traditional 401(k) because it lowers their taxes today.But what happens if you later realize that decision could create tax complications when you leave the United States?In this episode of Abroad in America, we explore one of the most powerful retirement planning tools available to expats: the Roth conversion.A Roth conversion allows you to move money from a traditional pre-tax retirement account into a Roth account, potentially creating greater tax flexibility and reducing future dependence on the U.S. tax system.We discuss why Roth conversions can be especially valuable for expats, how the strategy works, and why understanding the Roth five-year rules is critical before making any decisions.You'll learn the difference between the Roth earnings five-year rule and the Roth conversion five-year rule, how a Roth conversion ladder works, and why thoughtful tax planning can help you avoid costly mistakes.We also cover common Roth conversion traps, including converting too much in one year, overlooking state taxes, paying conversion taxes incorrectly, and failing to consider how your home country may treat Roth accounts.If you've already accumulated money in a traditional 401(k) and are wondering whether you still have options, this is an episode you won't want to miss.In This Episode• What a Roth conversion is and how it works• Why traditional 401(k) accounts can create challenges for expats• The difference between paying taxes now versus later• Why Roth conversions can create more flexibility for globally mobile professionals• How Roth accounts can reduce future tax uncertainty• Why converting everything at once is often a mistake• The difference between the Roth earnings five-year rule and the Roth conversion five-year rule• How the Roth conversion five-year clock works• Why converted principal and investment growth are treated differently• How a Roth conversion ladder strategy works• A real-world example of using Roth conversions over multiple years• How to evaluate whether your employer's retirement plan allows conversions• Why paying conversion taxes from outside assets is often preferable• The importance of tracking multiple conversion clocks• Common Roth conversion mistakes expats should avoid• Why cross-border tax planning matters before leaving the United StatesWhat's Coming Next• Managing retirement accounts after leaving America• Cross-border retirement planning strategies• Tax considerations for Americans and foreign nationals abroad• How different countries treat Roth accounts• Additional ways expats can create tax-efficient retirement incomeA traditional 401(k) doesn't have to become a permanent tax problem. With proper planning, Roth conversions may help you create greater flexibility, reduce future tax uncertainty, and build a retirement strategy that better fits a life lived across borders.Visit Baobab Wealth AbroadBuy a copy of Jimmy's book, Divorce the IRSDownload our guide for foreign nationals in the USFollow us on FacebookSubscribe to us on YouTubeConnect with us on LinkedIn

Most people automatically choose the traditional 401(k) when they start working in America.For expats and foreign nationals, that may be a very expensive mistake.In this episode of Abroad in America, we break down why many expats working in the U.S. should strongly consider using a Roth 401(k) instead of a traditional tax-deferred retirement account.While traditional 401(k)s offer an upfront tax deduction, that short-term tax savings can create major tax problems later, especially for people who may eventually leave the United States before retirement age.We explain the key differences between traditional and Roth 401(k)s, how early withdrawal penalties work, and why many expats unknowingly create future tax liabilities tied to money they may eventually need access to overseas.You’ll also learn why mobility, future residency uncertainty, and cross-border financial planning can make Roth accounts significantly more attractive for foreign nationals living and working in America.Through practical examples, we compare how two expats with the exact same salary and savings habits can end up with very different financial outcomes depending on whether they choose traditional or Roth contributions.If you’re an expat working in the United States, this episode could completely change the way you think about your retirement plan.In This Episode• The difference between traditional and Roth 401(k)s• Why traditional 401(k)s create future tax liabilities• Why expats face unique retirement planning risks• How early withdrawal penalties work• Why the IRS still has a claim on tax-deferred retirement money• How Roth 401(k)s can provide more flexibility for expats• Why future residency uncertainty matters in retirement planning• How taxes and penalties can reduce traditional 401(k) balances• The importance of long-term tax planning for foreign nationals• Why mobility and international living change retirement strategy• How employer matching contributions work• What expats should know about vesting schedules• Why many workers choose traditional accounts by default• Why “saving taxes today” is not always the best long-term strategy• How Roth accounts may create more future financial freedomWhat’s Coming Next• Roth conversions explained simply• The Roth conversion five-year rule• How to potentially fix past traditional 401(k) decisions• Cross-border retirement planning concepts• Tax-efficient retirement strategies for expatsVisit Baobab Wealth AbroadBuy a copy of Jimmy's book, Divorce the IRSDownload our guide for foreign nationals in the USFollow us on FacebookSubscribe to us on YouTubeConnect with us on LinkedIn

Many people move to the United States expecting opportunity, higher income, and career growth.And while all of that is real, there is another side of the experience that rarely gets talked about.In this episode of Abroad in America, we unpack the hidden costs of being an expat in the U.S. The ones that don’t show up in your job offer, but quietly shape your financial and personal experience over time.From the excitement of exploring a massive country to the reality of expensive travel, we break down how everyday experiences can add up faster than expected. What starts as weekend trips and new adventures can quickly turn into a consistent, ongoing expense.We also take a closer look at payroll taxes like Social Security and Medicare, and why many expats contribute to these systems without ever fully benefiting from them. Depending on how long you stay, this can create gaps in your long-term financial plan that are easy to overlook.This episode dives into the real cost of staying connected to home, including international travel, time off work, and the emotional weight of maintaining relationships across borders. We also explore the complexity of the U.S. healthcare system, where even having insurance doesn’t always mean predictable or affordable costs.Beyond that, we talk about what it actually means to start over. From building credit and setting up your life from scratch to paying more upfront for everyday essentials, the early stages of living in the U.S. often come with a wave of smaller expenses that add up quickly.We also cover the often underestimated cost of tax complexity. For many expats, managing obligations across two countries requires professional help, ongoing attention, and a level of stress that goes far beyond just filing a return.And finally, we address something that never shows up in a spreadsheet, the emotional cost. Living between two worlds comes with tradeoffs, and understanding those tradeoffs is a critical part of the expat experience.This episode is not meant to discourage you. It is meant to give you a clearer, more complete picture so you can plan ahead, make better decisions, and navigate your time in the U.S. with intention.If you are currently living in the U.S. or considering the move, this is a conversation that will help you think beyond just income and opportunity.If you know another expat who might benefit from this perspective, be sure to share this episode with them.In This Episode• Why exploring the U.S. can become more expensive than expected• How Social Security and Medicare taxes may not benefit all expats• The true cost of traveling back home and maintaining relationships• Why U.S. healthcare is both expensive and complex• The financial impact of starting over in a new country• How tax complexity creates both financial and mental strain• The emotional tradeoffs of living between two worldsWhat’s Coming Next• A return to tax and investment strategy episodes for expats • How to better structure your finances while living in the U.S. • Planning ahead to reduce long-term tax and financial risksVisit Baobab Wealth AbroadBuy a copy of Jimmy's book, Divorce the IRSDownload our guide for foreign nationals in the USFollow us on FacebookSubscribe to us on YouTubeConnect with us on LinkedIn

Many expats move to the U.S. expecting to adjust to a new job.What they don’t expect is having to decode an entirely different workplace culture.In this episode of Abroad in America, we step away from taxes and investments to explore something that affects nearly every expat living and working in the U.S.: understanding how the American workplace actually works.From meetings that start with small talk instead of the agenda, to communication styles that are more indirect than they seem, many of the unspoken rules can feel confusing at first. What might sound polite or positive on the surface can carry a very different meaning underneath.We break down the subtle dynamics that shape everyday interactions, including how feedback is delivered, why being “busy” is often treated as a signal of commitment, and how workplace hierarchy can feel both informal and high-stakes at the same time.You will also learn why self-advocacy plays such a critical role in American work culture, and how visibility often matters just as much as performance. For many expats, this can feel uncomfortable, especially if you come from a culture where your work is expected to speak for itself.This episode is not about changing who you are. It is about understanding the system you are operating in, so you can navigate it more effectively without losing your authenticity.If you are working in the U.S. or planning to, this conversation will help you avoid common misunderstandings, build stronger relationships, and feel more confident in your day-to-day interactions.You will also get a preview of what’s coming next as we shift back into financial topics, including the hidden costs of becoming an expat in America and how to better prepare for them.If you know another expat who is still figuring out meetings, emails, or workplace expectations, share this episode with them.Stay curious, stay open, and as always, keep exploring.In This Episode• Why meetings in the U.S. often start with small talk and what it really means • How indirect communication can lead to misunderstandings for expats • The “feedback sandwich” and how to interpret it correctly • Why being busy is often seen as a sign of commitment • How workplace hierarchy can feel informal but still carry real stakes • The importance of self-advocacy and visibility in American work culture • How to adapt without losing your authenticityWhat’s Coming Next• The hidden cost of becoming an expat in America • How lifestyle and financial decisions in the U.S. impact long-term outcomes • A return to tax and investment strategies with an expat-focused lensVisit Baobab Wealth AbroadBuy a copy of Jimmy's book, Divorce the IRSDownload our guide for foreign nationals in the USFollow us on FacebookSubscribe to us on YouTubeConnect with us on LinkedIn

Many expats in the U.S. are told to focus on one thing when it comes to taxes: get the biggest refund possible.But what if that advice is actually working against you?In this episode of Abroad in America, we break down a critical misconception that impacts thousands of expats every year. While tax preparers play an important role in navigating a complex system, most are trained to think in short-term timeframes. Their goal is often to optimize your current-year return, not your long-term tax outcome.And for expats, that difference can be costly.We explore why strategies that look good today, like maximizing deductions or contributing to pre-tax retirement accounts, can create serious tax consequences later. Especially when you plan to leave the U.S. and take your money home.Using simple examples, we unpack how tax-deferred accounts like traditional 401(k)s can act more like a loan from the IRS than true tax savings. You will see how taxes compound over time, how early withdrawal penalties work, and why many expats unknowingly set themselves up to lose a significant portion of their savings.This episode also explains the key difference between tax preparation and tax planning, and why working with someone who understands both, especially in an expat context, can make a meaningful difference in your long-term financial outcome.If you are living and working in the U.S. as a non-citizen or planning to return home one day, this is a conversation you cannot afford to miss.You will also get a preview of upcoming episodes where we will dive deeper into strategies like Roth 401(k)s, Roth conversions, and how to potentially reduce or avoid unnecessary taxes and penalties when leaving the U.S.If you know another expat who could benefit from this, be sure to share this episode with them.Stay curious, stay open, and as always, keep exploring.In This Episode• Why maximizing your tax refund can actually increase your lifetime tax burden• The difference between tax preparation and true tax planning• How traditional 401(k)s can create hidden tax liabilities for expats• Why deferring taxes is not the same as saving taxes• The impact of early withdrawal penalties when leaving the U.S.• How short-term advice can lead to long-term financial consequences• What expats should consider before following standard U.S. tax adviceWhat’s Coming Next• How Roth 401(k)s can help expats avoid future tax traps• Understanding Roth conversions and the five-year rule• Strategies for leaving money in the U.S. and using tax treaties to your advantageVisit Baobab Wealth AbroadBuy a copy of Jimmy's book, Divorce the IRSDownload our guide for foreign nationals in the USFollow us on FacebookSubscribe to us on YouTubeConnect with us on LinkedIn

Moving to the United States can open the door to incredible opportunities—but it can also introduce a level of tax complexity many expats never expect.In this episode of Abroad in America, Jimmy Miller steps back from individual tax rules and looks at the bigger picture: the most common mistakes expats make during their first two years living and working in the U.S.Many newcomers assume the American tax system works like the one in their home country. Unfortunately, that assumption alone can lead to major reporting issues, missed filings, and costly surprises later.Jimmy breaks down five patterns he sees repeatedly—from misunderstanding worldwide taxation and leaving foreign accounts unchanged, to hiring the wrong tax preparer or ignoring reporting requirements because nothing seems to happen.He also explains why certain financial decisions that look smart in the short term—like contributing to traditional tax-deferred accounts—can create problems for expats who eventually plan to leave the U.S.If you’re new to the United States or planning a move, this episode will help you understand the rules earlier, reduce stress, and avoid expensive mistakes.In this episode you’ll learn:• Why the U.S. taxes worldwide income once you become a tax resident • How foreign accounts and investments can create reporting obligations • Why many expats accidentally hire the wrong tax preparer • The hidden risks of traditional 401(k) accounts for people who may leave the U.S. • Why “no IRS letters” doesn’t always mean you’re compliantLiving abroad—especially in the United States—comes with challenges. But with the right awareness, you can avoid the most common pitfalls and focus on the opportunities that brought you here in the first place.Visit Baobab Wealth AbroadBuy a copy of Jimmy's book, Divorce the IRSDownload our guide for foreign nationals in the USFollow us on FacebookSubscribe to us on YouTubeConnect with us on LinkedIn

There’s an important reporting rule that affects many expats living or working in the United States — and it often shows up as a surprise.In this episode of Abroad in America, we break down FATCA and Form 8938, one of the most misunderstood parts of U.S. tax reporting for people with financial connections outside the country. While many expats are familiar with the FBAR requirement, Form 8938 operates under a different set of rules and applies to a broader range of foreign financial assets.If you maintain bank accounts, investments, pensions, or other financial assets outside the United States, understanding how FATCA works — and how Form 8938 fits into your tax return — is essential to staying compliant and avoiding unnecessary penalties.We explain the purpose behind FATCA, why foreign banks now report account information to the U.S. government, and how Form 8938 requires individuals to disclose certain foreign financial assets as part of their annual tax filing.You’ll also learn how Form 8938 differs from the FBAR, why the reporting thresholds are different, and why some expats may have to file one form, the other, or both.In this episode, we cover:What FATCA is and why the law was created How foreign banks report U.S. account holders to the IRS What Form 8938 is and how it fits into your tax return The difference between FATCA reporting and FBAR reporting Which foreign financial assets must be disclosed The reporting thresholds that trigger Form 8938 filing Why some expats must file both Form 8938 and the FBAR Potential penalties for failing to file when requiredFor many expats, these rules can seem complicated at first. But once you understand the purpose behind FATCA and how Form 8938 works, the reporting process becomes much clearer — and much easier to manage.Visit Baobab Wealth AbroadBuy a copy of Jimmy's book, Divorce the IRSDownload our guide for foreign nationals in the USFollow us on FacebookSubscribe to us on YouTubeConnect with us on LinkedIn

There’s an important rule that affects many expats working in the United States — and most people have never heard of it.In this episode of Abroad in America, we break down totalization agreements, the treaties between the U.S. and certain countries that coordinate Social Security systems. These agreements help prevent expats from paying Social Security taxes to two countries at the same time and can protect future retirement benefits.If you’re working in the U.S. on assignment, planning an international move, or splitting your career between countries, understanding how these agreements work can save you money and prevent costly mistakes.We explain how the rules determine which country’s system you pay into, when temporary assignments may qualify for exemption from U.S. Social Security tax, and why a Certificate of Coverage is often the key document that makes everything work correctly.You’ll also learn how totalization agreements can help combine work credits across countries so you can qualify for retirement benefits even if you haven’t worked long enough in just one system.In this episode, we cover:What totalization agreements are and why they existHow they help prevent double Social Security taxationThe difference between permanent work and temporary assignmentsWhy a Certificate of Coverage mattersWhat happens if your home country doesn’t have an agreement with the U.S.How work credits in two countries can sometimes be combinedWhy this is a key piece of expat financial planningFor expats, Social Security rules can feel confusing and overwhelming. Totalization agreements are one area where the system is actually designed to make things fairer and more manageable.Visit Baobab Wealth AbroadBuy a copy of Jimmy's book, Divorce the IRSDownload our guide for foreign nationals in the USFollow us on FacebookSubscribe to us on YouTubeConnect with us on LinkedIn

If you’ve ever lived in the United States as an expat — or even just visited — you’ve probably had the same thought: Why are Americans like that?In this episode, we step away from technical expat topics and explore the cultural side of living in the U.S. From enthusiastic greetings to oversized everything, American behavior can feel confusing, amusing, or even overwhelming when you first arrive. But once you understand the values behind these habits, things start to make a lot more sense.We talk about the difference between friendliness and friendship in the U.S., why Americans ask “What do you do?” so quickly, and why enthusiasm is such a core part of communication. We also cover everyday cultural quirks like large portion sizes, the focus on work, frequent apologies, and the way space and scale shape American life.This episode helps decode the behaviors that often surprise newcomers and puts them in cultural context. Rather than judging these differences, we explore how they reflect deeper American values like optimism, efficiency, openness, and social ease.You’ll learn:Why Americans are so friendly — but not instantly “friends”The role of enthusiasm in everyday communicationWhy work is a common conversation starterHow “bigger” shapes American lifestylesWhat American politeness really meansHow understanding culture reduces culture shockIf you’re new to the U.S. or hosting someone who is, this episode offers a light, relatable look at the habits that make America feel different — and often more enjoyable once you get used to them.Visit Baobab Wealth AbroadBuy a copy of Jimmy's book, Divorce the IRSDownload our guide for foreign nationals in the USFollow us on FacebookSubscribe to us on YouTubeConnect with us on LinkedIn

In this episode of Abroad in America, host Jimmy Miller, founder of Baobab Wealth Abroad, tackles one of the most confusing and punishing corners of the U.S. tax code for expats: PFICs (Passive Foreign Investment Companies). What might have been perfectly normal investments back home—mutual funds, ETFs, investment trusts, even some retirement accounts—can suddenly become some of the most complex and harshly taxed assets once you’re a U.S. tax resident.Jimmy breaks down what a PFIC actually is in IRS terms and what it looks like in real life, why the U.S. cares so much about foreign investment companies, and how rules that were designed to stop tax evasion end up hitting ordinary expats with legacy portfolios from home. He then walks you through how PFICs are reported, why Form 8621 has such a fearsome reputation, and what happens if you’ve owned these investments for years without knowing any of this.You’ll also hear how PFICs fit into the bigger picture of worldwide taxation—that once you become a U.S. tax resident, the IRS wants to know about income and investments from anywhere on the planet. As always, Jimmy balances clarity with reassurance: yes, PFICs are complicated and sometimes expensive to fix, but there are options, and you’re not the first expat to discover this late.In this episode, you’ll hear:What a PFIC (Passive Foreign Investment Company) is in IRS language and what it really means for expats in practiceCommon investments that may be treated as PFICs, including foreign mutual funds, ETFs, investment trusts, and some foreign retirement accountsWhy the U.S. created PFIC rules in the first place and how anti–tax evasion laws ended up impacting everyday expatsHow worldwide income and asset reporting works once you become a U.S. tax residentWhy PFICs are taxed so harshly and why Form 8621 is one of the most dreaded forms in cross-border taxThe three main PFIC reporting methods: the default “excess distribution” regime, the QEF election, and the mark-to-market electionHow failing to report PFICs can trigger other penalties, interest, and never-closing statute of limitations issues on your tax returnWhy most expats who discover PFIC issues late are not treated like tax evaders—and why addressing the problem early makes it easier and cheaperPFICs are one of the biggest curveballs the U.S. tax system throws at expats, turning normal foreign investments into something that needs specialist attention. But with the right knowledge and support, they’re a problem you can understand and manage—not a reason to panic or give up on life in America.If you found this episode helpful, share it with another expat who still holds investments back home and may have never heard the term PFIC before.In the next episode, Jimmy lightens things up by taking a playful look at American culture—why Americans can seem loud, enthusiastic, and supersized—and what makes life here so uniquely fascinating for expats.Until then: stay informed, stay compliant, and keep exploring.Visit Baobab Wealth AbroadBuy a copy of Jimmy's book, Divorce the IRSDownload our guide for foreign nationals in the USFollow us on FacebookSubscribe to us on YouTubeConnect with us on LinkedIn

https://baobabwealth.com/foreigners-in-america/In this episode of Abroad in America, host Jimmy Miller, founder of Baobab Wealth Abroad, tackles one of the most misunderstood, ignored, and frankly feared parts of being a foreign national working in the United States: the FBAR (Foreign Bank Account Report).Jimmy breaks down what FBAR actually is, who has to file it, and why it exists—all in plain English, without the scare tactics. If you're an expat in the U.S. with bank accounts, investments, or pensions back home, this may be the most important episode you listen to all year.You’ll learn how that seemingly harmless checking account you opened at 18, the joint account you share with your parents, or the savings account you keep just to pay grandma’s bills can all add up to FBAR reporting requirements—even if you never earn a cent of interest.Jimmy also explains why the U.S. doesn’t just care about what you earn here, but about your worldwide accounts and income once you’re considered a “U.S. person” for tax purposes, and how global reporting rules mean those foreign accounts are anything but invisible.In this episode, you’ll hear:What the FBAR (FinCEN Form 114) actually is and how it differs from your regular tax returnThe $10,000 rule: when your combined foreign account balances trigger a filing requirement—even for just one dayWho is considered a “U.S. person” for tax purposes (citizens, green card holders, and expats who meet the substantial presence test)The kinds of accounts that do count for FBAR reporting—checking, savings, investments, some foreign pensions, and even joint or signature-only accountsWhat doesn’t count, like credit cards, loans, and U.S. accounts held at foreign branchesHow and where you file the FBAR, key deadlines, and why most people treat October 15th as the practical cutoffThe difference between non-willful and willful penalties, and why voluntary correction can make a big differenceA simple, reassuring perspective: this isn’t about punishing everyday expats—it’s about global compliance, and it’s manageable once you know the rulesJimmy closes the episode with a reminder that being global comes with responsibilities, but you don’t have to navigate them alone. Understanding FBAR turns it from a scary acronym into just another part of “adulting” in America—right up there with figuring out health insurance and why the milk tastes different.If you found this helpful, share it with a fellow expat, coworker, or friend who has financial ties back home and might not know about FBAR yet.In the next episode, Jimmy dives into another major reporting issue for expats: your investments and retirement accounts back home, and how the IRS views many of them as PFICs (Passive Foreign Investment Companies)—a topic that can be just as confusing and frustrating as FBAR, but just as important to understand.Until then: stay curious, stay compliant, and keep exploring.Visit Baobab Wealth AbroadBuy a copy of Jimmy's book, Divorce the IRSDownload our guide for foreign nationals in the USFollow us on FacebookSubscribe to us on YouTubeConnect with us on LinkedIn

https://baobabwealth.com/foreigners-in-america/In this re-introduction episode, host Jimmy Miller, founder of Baobab Wealth Abroad, pulls back the curtain on why the podcast went quiet after just five episodes—and why now is exactly the right time to bring it back.Jimmy shares how “life got lifey” with work, travel, family, Covid, and global chaos all competing for attention, and how the show was never forgotten—just paused. Even while the feed sat still, listeners kept reaching out, asking if the podcast would return. This episode is his answer: yes.You’ll hear how the original vision of the show—helping expats and foreign nationals navigate life, money, and culture in the U.S.—has stayed the same, even as Jimmy’s world has evolved. His practice has expanded, his German wife has joined the firm, and Teresa has come on board as head of operations from Tampa, giving Baobab Wealth Abroad an even stronger foundation to serve clients living between countries.This short episode is designed as a reset and a welcome mat. It sets the stage for new episodes focused on the financial planning issues expats face in America and the real stories of people who’ve crossed borders and built new lives here. It’s also a reflection on what it means to return to a project, a place, or a version of yourself you thought you’d left behind.In this episode, you’ll hear:Why the podcast originally went silent after the first five episodesHow Baobab Wealth Abroad and Jimmy’s team have grown since thenThe renewed focus on financial education for expats and foreign nationals in the U.S.A thoughtful take on coming back to a passion or project after time awayA preview of the next full episode on FBAR and reporting foreign bank accounts while living in AmericaIf you’re living, working, or exploring in the U.S. as an expat—or you’re curious about what that life looks like—this relaunch is for you.Stay ConnectedIf you have a story, question, or experience you’d like Jimmy to feature in a future episode, send it in—he’d love to bring your voice into the conversation.Follow, subscribe, and share the show with anyone navigating life abroad in America. And as Jimmy says: stay curious, stay open, and keep exploring.Visit Baobab Wealth AbroadBuy a copy of Jimmy's book, Divorce the IRSDownload our guide for foreign nationals in the USFollow us on FacebookSubscribe to us on YouTubeConnect with us on LinkedIn

Former expat living in America Florian Fiedler describes his experience while working in the US. Get some great insight he discusses what took him to America, how he managed to cope with being in a completely new environment, and some of the financial concerns he faced.Visit Baobab Wealth AbroadBuy a copy of Jimmy's book, Divorce the IRSDownload our guide for foreign nationals in the USFollow us on FacebookSubscribe to us on YouTubeConnect with us on LinkedIn

Financial planner, author, and speaker Jimmy Miller describes how the 3 tax buckets work, gives an overview of the benefits of each, and reveals which one is useful for foreign nationals in many cases. Visit Baobab Wealth AbroadBuy a copy of Jimmy's book, Divorce the IRSDownload our guide for foreign nationals in the USFollow us on FacebookSubscribe to us on YouTubeConnect with us on LinkedIn

Financial planner, author, and speaker Jimmy Miller explains America's substantial presence test and how it is used to determine whether an expat is a tax resident, as well as what income you may owe taxes on, how your spouse can affect your taxes (the non-resident alien spouse provision), tax exceptions you may qualify for, and more. Learning about these topics will allow you to make better decisions when managing your tax obligations in the United States. For more information and free resources for foreign nationals, visit https://www.baobabwealthabroad.comVisit Baobab Wealth AbroadBuy a copy of Jimmy's book, Divorce the IRSDownload our guide for foreign nationals in the USFollow us on FacebookSubscribe to us on YouTubeConnect with us on LinkedIn

Financial planner, author, and speaker Jimmy Miller dives into America's tax system in bite-sized pieces for maximum understanding. Listen in as he talks about what portion of your income is tax-free, how tax brackets work, social security taxes, state taxes, medicare, and more. Be sure to subscribe so you don't miss out on any future episodes. Visit https://www.BaobabWealthAbroad.com for more information and free resources.Visit Baobab Wealth AbroadBuy a copy of Jimmy's book, Divorce the IRSDownload our guide for foreign nationals in the USFollow us on FacebookSubscribe to us on YouTubeConnect with us on LinkedIn

Financial planner, author, and speaker Jimmy Miller highlights the topics that will be covered in this podcast, as well as exactly why a foreign national working in America should listen. He tells a little bit about himself and what qualifies him to speak on the various issues that expats living in America face. For more information and free resources, visit https://www.baobabwealthabroad.comVisit Baobab Wealth AbroadBuy a copy of Jimmy's book, Divorce the IRSDownload our guide for foreign nationals in the USFollow us on FacebookSubscribe to us on YouTubeConnect with us on LinkedIn