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Are you sure? Unless they turn into citizens (say, via green card) why would they have to report? I would think not even green card holders would have to (alt
by kmt 15y ago
Are you sure? Unless they turn into citizens (say, via green card) why would they have to report? I would think not even green card holders would have to (although looks like they do, according to http://www.taxesforexpats.com/expat-tax-advice/green-card.html http://www.taxesforexpats.com/expat-tax-advice/green-card.ht...). Do you have a reference for your claim?
- gst 15y agoGreen card holders have to report on their accounts. I know this because I am one.
- sp_ 15y agoNo reference, but I'm a H-1B holder and I file FBARs. I am part of a German Expat forum and the opinion there is pretty cut and dry that H-1Bs have to file. Every year that forum has a big thread to make sure everybody is aware of it. Having my savings confiscated for screwing up FBAR reporting is literally my number one fear I have about living in the USA.