
Ep 48: Making Money Moves ~ Keep It In the U.S. Or Move It Overseas? The Million $ Question!
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We explore this question that has come up a couple of times, due to the economic uncertainty.
We include tariffs, market volatility, the practicalities of fund transfer, and financial goals as items to consider.
Key Takeaways
- Moving money overseas can be complicated and requires an understanding of regulations.
- Exchange rates and compliance requirements are critical factors to consider.
- Assess the underlying reasons for wanting to move money.
- Financial planning should align with personal goals and timelines, maintain open communication with your financial advisor.
- Investing in diversified portfolios can mitigate risks.
Episode Links & Resources
- Where to Save Short-Term Money
- Ep 34: What Is English For FBAR
- Are you Tax-compliant With Your Overseas Assets? - Free Guide - Scroll to the bottom of the page.
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The speakers' views and opinions discussed in this episode should not be considered financial, tax, or legal advice. Consult your advisor for any legal, cross-border tax, and financial advice.
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