Moving Abroad: Banking and Taxes

Banking:

• Set up online banking for domestic fixed costs such as mortgages or other repayment loans.
• Set up local bank accounts for paying utilities and cash on hand in your new home.

Taxes:

• You'll have to file taxes in the U.S. for as long as you retain citizenship.
• If you plan to work in the new country, take note of the local tax requirements.
• Online services like TransferWise provide borderless transfer services.