Search results

Very simple question: if I obtain US residency or citizenship, will my home country know about it? Opening a bank account as a US resident/citizen shouldn't trigger any reporting as I would be be considered a US person for tax purposes, which would be correct. I haven't lived in my home country...

Hello A recent situation got me thinking about the implications of FATCA for those who have dual residency or citizenship. As I understand, the U.S. only becomes aware of a resident's foreign bank account in two ways: 1. The resident willingly discloses the account through self-reporting, i.e...