US remittance tax could impact Non-Resident Indians sending money home
A new 5% US remittance tax, effective July 2025, would directly impact NRIs, sharply reducing funds remitted to…
Articles by & updated by Sai Sankar
Who Pays U.S. Remittance Tax? Non-Citizens Sending Money Abroad Explained
The proposed 5% U.S. federal remittance tax has failed. As of April 2026, money transfers by non-citizens remain…
Child Tax Credit proposal would require both parents to have Social Security Numbers
A 2025 House plan changes Child Tax Credit rules, requiring all parents to have Social Security Numbers. Around…
Border Security Investment Act Slaps 37% Fee on Remittances
A controversial U.S. bill proposes a 37% fee on remittances sent to countries with high illegal border crossings.…
Kerala NRI Deposits Set to Smash ₹3 Trillion Barrier
Kerala is on track to surpass ₹3 trillion in NRI deposits by early 2025, fueled by robust remittance…
U.S., China Slash Tariffs in Surprise Deal
U.S.–China trade tensions ease with a 90-day, 115% mutual tariff reduction starting May 14, 2025. A 10% baseline…
Retirement in Portugal: What US Citizens Need to Know Before Moving
Retiring between the US and Portugal requires securing the right visa, understanding dual-taxation rules, and arranging health coverage.…
What happens to your UK pension if you move back to the United States
If you move back to the US after working in the UK, you can keep your UK pension,…
Renouncing US citizenship in Singapore: What to know before deciding
To renounce US citizenship after moving to Singapore, you must be tax compliant, prove Singaporean or other citizenship,…