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Singapore for NRIs: Capital Preservation and Low-Tax Global Wealth
NRIs in the U.S. must report Singapore-sourced income and assets despite Singapore's territorial tax status. U.S. residency triggers worldwide taxation,…
Items You Must Declare at US Customs: A Practical Guide
Entering the U.S. requires travelers to declare all foreign acquisitions, food, and currency over $10,000. Using CBP Form 6059B, travelers…
Sell or Hold Foreign Mutual Funds: A Practical Guide for Immigrants
Foreign mutual funds are classified as PFICs by the IRS, requiring complex annual reporting via Form 8621 for U.S. tax…
Direct Foreign Stocks: Safer, Simpler U.S. Tax Path for Immigrants
The 2026 U.S. tax guide for immigrants clarifies the reporting differences between direct stocks and pooled investments. It warns of…
PFIC Tax Traps for Immigrants and NRIs: Real Examples and Alternatives
Owning non-U.S. mutual funds as a U.S. tax resident creates significant reporting burdens under the PFIC regime. Shareholders must typically…
NRIs in the UAE: Tax-Free Income, Real Estate Growth, and Residency
The UAE offers significant local tax advantages, including no personal income or capital gains tax. However, for U.S. tax residents,…
US asylum seeker receives thousands in taxpayer-funded benefits
The case of Olabode Shoniregun highlights tensions in the UK asylum system. After his 2024 asylum application was refused, he…
Canada NRI Investment Playbook: Residency Tax and Cross-Border Planning
For NRIs moving to Canada, tax residency is defined by residential ties, not just citizenship. Once a resident, all global…