Trump’s “Big Beautiful Bill” Could Tax Expats 3.5%
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Trump’s “Big Beautiful Bill” Could Tax Expats 3.5%
In this video, Ted Baumann unpacks a surprising provision buried in the “One Big, Beautiful Bill” recently passed in the U.S. House of Representatives. Hidden inside is a potential 3.5% excise tax on money transfers from U.S. financial institutions to foreign accounts, including transfers made by expats, digital nomads, and dual citizens. But it’s not all bad news. Ted also reveals what you can do now to protect yourself if this legislation goes through—and how to stay a step ahead of potential financial fallout. Read more of Ted's analysis here: https://internationalliving.com/trumps-big-beautiful-bill-targets-expat-money-transfers/ Schedule a consultation with Ted and get personalized advice tailored to your situation: https://pro.globalcitizenliving.com/m/2306087
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In this video, Ted Baumann unpacks a surprising provision buried in the “One Big, Beautiful Bill” recently passed in the U.S. House of Representatives.
Hidden inside is a potential 3.5% excise tax on money transfers from U.S. financial institutions to foreign accounts, including transfers made by expats, digital nomads, and dual citizens.
But it’s not all bad news.
Ted also reveals what you can do now to protect yourself if this legislation goes through—and how to stay a step ahead of potential financial fallout.
Read more of Ted's analysis here:
Schedule a consultation with Ted and get personalized advice tailored to your situation:
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