United States citizens abroad

U.S. citizens living abroad remain subject to U.S. tax laws and reporting requirements, regardless of where they reside. They must file annual tax returns with the IRS and may need to report foreign bank accounts and financial assets. However, they can benefit from certain exclusions, credits, and treaties that help avoid double taxation. Maintaining citizenship also means they retain U.S. legal rights and responsibilities, such as voting in federal elections. It’s important for expatriates to stay informed about U.S. regulations affecting foreign residents and consider consulting tax professionals to ensure compliance.