What is FATCA?: What US Taxpayers Overseas Should Know

https://nomadcapitalist.com/ Are you familiar with FATCA? It is the abbreviation for the Foreign Account Tax Compliance Act and a US federal law that requires every bank in the world to report on offshore bank accounts of US citizens and Green Card holders. The result was that many banks around the world stopped accepting US citizens as their customers, leading to unfortunate consequences. ------- ABOUT NOMAD CAPITALIST Andrew Henderson is the world's most sought-after consultant on legal offshore tax reduction, investment immigration, and global citizenship. He works exclusively with six- and seven-figure entrepreneurs and investors who want to "go where they're treated best". Work with Andrew: https://nomadcapitalist.com/apply/ Andrew has spent the last 11 years studying and personally implementing the Nomad Capitalist lifestyle, and has started offshore companies, opened offshore bank accounts, obtained multiple second passports, and purchased real estate in a total of 20 countries. He has also spent years creating a behavior-based system that helps people get the results they want faster and with less resistance. Andrew believes that everyone can use offshore strategies to keep more of their own money, live a life of freedom, and grow their wealth faster. About Andrew: https://nomadcapitalist.com/about/and... Our website: https://www.nomadcapitalist.com Subscribe: https://www.youtube.com/subscription_... Buy Andrew's book: https://amzn.to/2QKQqR0 DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.