Belgium to stop sharing data on ‘accidental’ Americans to IRS
‘It is important that these violations of fundamental rights of European citizens are stopped’
FATCA
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Investment management firm opens in France to serve US expats
‘If an American buys European financial products, they are penalised by the IRS,’ founder says
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US to lower citizenship renunciation fee
It will go back to the same level introduced by Barack Obama in 2010
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How wealth firms should approach the US expat market
Clients have trillions of dollars to invest with very few financial institutions willing to work with them
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‘Great disappointment’ as Macron backtracks on US Fatca talks
Mere days after confirming he would have raised the issue with president Biden
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Macron pledges to discuss Fatca with Biden
Accidental Americans hope the US president ‘will recognise the gravity of the problem’
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US expat market is a ‘huge opportunity’ for wealth firms
Brown Advisory tells IA about the challenges that face the small number of companies serving these clients
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Accidental Americans lose US lawsuit
But the association has already appealed the decision
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Global wealth manager sets up US expat advice operation in Europe
It will offer a range of financial planning and investment services
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Fatca restrictions ‘neither proportionate, nor necessary’
EU report questions compatibility of US legislation with European data privacy provision
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How to serve US clients abroad
Some firms find them ‘too costly and complex’ to have as customers
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Accidental Americans backtrack on Fatca fundraise
Following backlash on social media questioning the need for yet another lawsuit