US Tax Residency & Living Outside the US | International Tax Lawyer & Attorney Santa Monica CA Blog
Hello, and welcome to Sherayzen Law Office video blog. My name is Eugene Sherayzen and I am an international tax attorney and owner of Sherayzen Law Office, Ltd.
Today, I am continuing my series of vlogs from Santa Monica, California. If you recall, in a previous vlog, I raise the issue of US citizens moving to live outside of the United States. It seems like a good topic to pick, while in California. I’ve raised three main issues that should be considered by anyone who’s leaving the United States.
- Local tax compliance
- Ending state tax residency
- US international tax compliance
I addressed the first two issues in previous vlogs and today I’d like to begin addressing the third one. We’ll start with the income tax considerations. When you move outside of the United States, as long as you are a US citizen, you are considered to be a tax resident of the United States no matter to which country you move. Even if you move to North Korea, you still will be a tax resident of the United States.
What does it mean for you? It means that you have the obligation to continue to file US tax returns and to report your worldwide income on the tax returns.
We will continue discussing this topic in more detail in the follow-up vlogs.
Thank you for watching, until the next time.
