US Citizens Living Overseas
“Our goal is to help US citizens and cross border families living and working overseas, to implement effective investment strategies and take full advantage of the opportunities to create wealth offered to them while living overseas.”
As an American living and working overseas, you face many new challenges when it comes to the complexities of your new lifestyle and how it affects your finances. Investing efficiently and compliantly while living abroad can be daunting. This often leads to inaction and mistakes.
It doesn’t have to though. At Baobab Wealth Abroad, we are expats too. We specialize in helping both Americans living abroad as well as non-US citizens living and working in the United States with these issues. We can help you avoid the common mistakes we see American expats make (see below), and do much more.
Fill out the form to the right to schedule a friendly no-cost, no-obligation call to see if we can help you out.
SCHEDULE AN INTRODUCTORY MEETING
Wondering if you are on the right track? Schedule a free introductory meeting that can only lead to good news! If you are doing everything right, great! If we discover that there are areas you may be able to improve, great as well!
*No cost and no obligation beyond completing a short request form and brief survey.
We hate SPAM and promise to keep your email address safe.
The Most Common Mistakes Made by Americans Living Abroad…
- Overinvesting in your country of current residence
- Not understanding US retirement account contribution rules when you have foreign earned income
- Buying non-US tax compliant insurance
- Failing to properly report foreign financial assets on a US tax return and file the FBAR
- Contributing to a non-qualified foreign pension plan
- Paying high fees for a non-US investment that could have been bought through a US investment account for less
- Relying on your legacy US estate plan
- Buying foreign mutual funds (PFIC)
Don’t want to make these mistakes? Download our Expatriate’s Guide
Read the ultimate guide for navigating the financial complexities of living abroad. Coupled with this detailed guide, proper financial planning can help you minimize costly mistakes and financially maximize your time overseas.
This guide will help you by explaining:
- The impact and pitfalls of investing overseas
- Multi-country taxation, including tax treaties and totalization agreements
- The arduous IRS reporting that comes with being an expat
- Estate planning problems and pitfalls for multinational families, especially living overseas
- And other important financial planning issues that all American expats face
I’m Jimmy Miller, CRPC®
Founder of Baobab Wealth Abroad
Born in Zambia, married to a German, and having spent most of my life as an expat, I’m certainly no stranger to untangling complicated tax and financial issues.
After working at other large financial firms for years, I wanted to be able to provide objective fee-based financial advice to Americans and cross-border families around the world through comprehensive planning and really help my clients reduce taxes, invest smarter, and become financially independent with the opportunities that come along with being an expat.
In 2016, I launched Baobab Wealth Abroad.
When not perfecting financial plans, you will usually find me with my wife, Sonja, and my son, Hendrik, or my clients enjoying international travel and the great outdoors!
ABOUT ME
MEMBERSHIPS AND DESIGNATIONS:
Videos for American Expats
Whatever your reason for moving beyond our borders, it’s almost certain that your financial situation will become more complex. Luckily, you can limit the effects of this with proper planning. Watch our videos for some tips to get started.
Have peace of mind knowing your money stays with established institutions you can trust:
