Tag
Foreign Bank Account Reporting
I'm weighing the pros & cons of the non O and non OA visas. I've had the OA visa in the past, and (kind of) understand it. The financial requirement for the non O visa is what I have questions about. I have a Swift acco…
Learned this from a CPA friend of mine... If you are American and have a foreign bank account - you need to fill out "FBAR, *Form* 114" with your taxes yearly, or ELSE! There is a $100,000 fine that may be leveled again…
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