Doug Goldstein, CFP® and director of Profile Investment Services Ltd., and David Kuenzi, CFP® of Thun Financial, discuss why U.S. citizens living in foreign countries face a series of challenges to keep their American financial accounts.
It boils down to the simple phrase: anti-money-landing rules (AML). America has strict rules about money leaving its shores. David offers his professional insight on the subject and stresses the importance of working with a cross-border advisor to keep your accounts in compliance.
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How to keep your financial affairs in order
Doug has a free resource to help expats keep a close eye on their financial arrangements. To download the checklist, visit today’s show notes on the Goldstein on Gelt website.
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