"I am the founder and CEO of Expat Money, a consulting firm that helps people relocate to a foreign country. We focus on international tax planning, immigration, foreign investment, and global structuring, as well as the lifestyle adjustments that come with living abroad. I've been an expatriate for 25 years, visited 120 countries, lived in nine, and circled the globe many times. My family, business, and hobbies are all international. I love the work and am excited to talk about it."
"I was born and raised in Canada, which does not impose worldwide taxation. Once you leave and cut ties with the Canada Revenue Agency, you're free to live abroad without ongoing tax obligations. For Americans, it's very different. The IRS levies taxes based on citizenship, not residency. No matter where you live or how long you're gone, the IRS wants a portion of every dollar you earn. Only two countries tax this way: the United States and Eritrea, a small African nation."
An expatriate consultant has lived outside Canada for 25 years, visited 120 countries, and resided in nine. The consultancy Expat Money provides international tax planning, immigration assistance, foreign investment advice, global structuring, and guidance on lifestyle adjustments for living abroad. Canada uses residency-based taxation, allowing individuals who cut ties to avoid ongoing tax obligations, while the United States taxes citizens on worldwide income regardless of residence. Only the United States and Eritrea tax by citizenship. Americans with meaningful income remain subject to U.S. tax and reporting; renouncing citizenship can end obligations but carries personal and procedural consequences and is not universally recommended.
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