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Banking in Europe as an American: FATCA, Wise, and Local Accounts

Banking in Europe as an American: FATCA, Wise, and Local Accounts

Banking Abroad Banking in Europe as an American: FATCA, Wise, and Local Accounts Banking is one of the first practical shocks Americans face when moving to Europe. A U.S. passport can make account opening slower, FATCA creates extra reporting, Wise can be useful but is not the same as a local bank, and many landlords, […]

Greece and Italy’s 7% Flat Tax Regimes for Retirees

Greece and Italy's 7% Flat Tax Regimes for Retirees

Retirement Tax Planning Greece and Italy’s 7% Flat Tax Regimes for Retirees Greece and Italy both offer headline-grabbing 7% tax regimes for qualifying foreign pensioners. For American retirees, these regimes can look extremely attractive — but the real decision depends on tax residence, treaty treatment, location rules, U.S. filing obligations, healthcare, housing, and whether the […]

Can Americans Receive Social Security While Living in Europe?

Can Americans Receive Social Security While Living in Europe?

Retirement Abroad Can Americans Receive Social Security While Living in Europe? For most American retirees, the answer is yes — Social Security can usually follow you to Europe. But the details matter: your citizenship, benefit type, country of residence, Medicare plan, tax position, and reporting obligations all need to be understood before you move. Retirement […]