Submitted by Creveling & Creveling Private Wealth Advisory on May 4th, 2020
By Chad Creveling, CFA, and Peggy Creveling, CFA
With the introduction of the U.S. Foreign Account Tax Compliance Act (FATCA), most expat Americans have found that trying to avoid U.S. tax by investing offshore doesn’t work. American citizens and green card holders are subject to U.S. tax on all of their global income, even when they live outside of the United States.
Submitted by Creveling & Creveling Private Wealth Advisory on April 6th, 2020
By Peggy Creveling, CFA, and Chad Creveling, CFA
Although it may not be common to have problems with a financial custodian, bankruptcies and fraud do happen. Although these types of issues may occur most frequently in the offshore world where regulators may not provide solid oversight, they can also happen in larger or better-regulated markets. This is especially the case during periods when market volatility is high and financial firms experience increased liquidity needs, margin calls, and counter-party risk.
Submitted by Creveling & Creveling Private Wealth Advisory on March 3rd, 2020
By Peggy Creveling, CFA, and Chad Creveling, CFA
Volatility in global markets picks up sharply as investors’ worry grow and discontent spreads. Talking heads on financial news programs discuss uncertainty over economic forecasts while U.S. treasury yields plunge and crude oil and gold prices rise and fall. For expatriates trying to manage their long-term portfolios, there are times that financial news flow and market volatility can be particularly unsettling.
Submitted by Creveling & Creveling Private Wealth Advisory on February 5th, 2020
By Peggy Creveling, CFA, and Chad Creveling, CFA
This article is for general information purposes only and is not intended as specific tax advice. Please consult your tax advisor for advice relevant to your situation.
Submitted by Creveling & Creveling Private Wealth Advisory on January 2nd, 2020
By Chad Creveling, CFA, and Peggy Creveling, CFA
As the new year and decade begin, it’s a great time for expats to re-evaluate their financial positions and to make positive changes. Improving our financial circumstances largely requires instilling good habits, being consistent, getting started early, and possessing a basic understanding of finance and investing concepts. To help you enjoy a more prosperous 2020, here are some financial resolutions to consider as you start the year. If you start at the beginning and aim to knock off at least one each month, by the end of the year you'll be on much firmer financial footing.
Submitted by Creveling & Creveling Private Wealth Advisory on December 3rd, 2019
By Peggy Creveling, CFA, and Chad Creveling, CFA
As you look for a holiday gift for your favorite expat or perhaps just for some interesting reading over the holidays, have a look through our annual list of highly rated books, especially selected with the expat reader in mind. All can be easily purchased on the internet, and while some are more serious, others are just for fun. For those expats who may live far away, most of these titles have digital and audio versions available, which makes getting them to your friend or loved one that much easier.
Submitted by Creveling & Creveling Private Wealth Advisory on November 5th, 2019
By Peggy Creveling, CFA, and Chad Creveling, CFA
As the end of the 2019 tax year approaches, expats working in Thailand may wish to consider sheltering some of their income from Thai tax by contributing to Thailand’s Long-Term Equity Funds (LTFs) and Retirement Mutual Funds (RMFs). With a little bit of planning, you can save up to THB 350,000 (or about USD 11,700) this year in Thai taxes by contributing to both of these tax-advantaged funds.
Submitted by Creveling & Creveling Private Wealth Advisory on October 1st, 2019
By Chad Creveling, CFA, and Peggy Creveling, CFA
Creveling & Creveling is required by law to protect clients’ privacy, and does not release client information to third parties without written approval. The following is a fictitious example designed to demonstrate the value of proper financial planning, and does not refer to any specific case.
Submitted by Creveling & Creveling Private Wealth Advisory on September 10th, 2019
By Chad Creveling, CFA, and Peggy Creveling, CFA
Volatile markets make for challenging times for investors. Wild swings in the market can trigger a roller coaster of emotion as investors understandably fear destruction in portfolio value and a loss of financial security. The news media, with eyeball-seeking urgency, stridency, and sense of catastrophe, serves to heighten the fear and the impetus to take action.
Submitted by Creveling & Creveling Private Wealth Advisory on August 6th, 2019
By Chad Creveling, CFA, and Peggy Creveling, CFA
To enjoy your ideal expat life, you need to embrace proper planning and have an awareness of the challenges of building a life overseas. Whether you’re a retiree or a professional on an extended stint as an expatriate, here are some financial issues you need to consider as an expat in an emerging economy.
