Episodes

  • Ep 71: DEMATS, PFICs & Provident Funds: What Indians Moving To America Need To Know

    Ep 71: DEMATS, PFICs & Provident Funds: What Indians Moving To America Need To Know
    Jun 3 2026
    Manasa was a guest on The Expat Wealth podcast a few months ago, hosted by Richard Taylor. It was such an amazing conversation, and with Richard's permission, we are bringing it to you on this episode.Richard and Manasa Nadig discuss the financial landscape for Indian expatriates in America. They explore common financial assets, tax compliance issues, and the importance of pre-immigration planning. The conversation delves into specific financial tools such as bank accounts, retirement accounts, and the complexities of PFIC reporting.They also touch on real estate and inheritance considerations, emphasizing the need for proper reporting and planning to avoid pitfalls. Key TakeawaysUnderstanding the common financial assets for Indian expats is crucial. Bank accounts are the simplest financial tools to manage.PFICs can lead to punitive taxation if not reported correctly.Pre-immigration planning can help avoid financial pitfalls.Inheritance and gifts from India must be reported to the IRS.Real estate can be a valuable asset, but requires careful management.Insurance policies in India may have complex reporting requirements.The importance of understanding the differences in financial products across countries.Tax compliance is essential for maintaining good standing with the IRS. Seeking professional advice can help navigate cross-border financial issues. Chapters 00:00 Introduction to Indian Financial Assets in America07:12 Common Financial Tools for Indian Expats12:12 Understanding Bank Accounts and Reporting Requirements20:39 Navigating PFICs and Investment Accounts28:13 The Importance of Pre-Immigration Planning35:36 Real Estate and Inheritance Considerations40:00 Conclusion and Resources for Indian ExpatsEpisode Links and ResourcesExpatWealth Podcast With Richard TaylorEp 61: What Is English For "FATCA & FBAR" ReportingEp 55: What Is English For "Is It a PFIC or not?"-----------------------------------------------------------------------------The IM Café Finance / Tax Roastery (Store) Is LiveGrab "the Comprehensive Checklist for Foreign Nationals on Work Visas Leaving the U.S." currently on sale, to celebrate our 50th episode.If you'd like to work with us on your finances or taxes, check out the process ---------------------------------------------------------------------------------Be sure to join the conversation by visiting our page: The International Money CafeOr by following us on social media:- LinkedIn; Instagram; Twitter (X); Facebook.------------------------------------------------------------------------------------The speakers' views and opinions discussed in this episode should not be considered financial, tax, or legal advice. Consult your advisor for any legal, cross-border tax, and financial advice.
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    37 mins
  • Ep 70: What is English for "UK SIPP"?

    Ep 70: What is English for "UK SIPP"?
    May 20 2026
    In this episode, we discuss the complexities of the UK Self-Invested Personal Pension (SIPP) for U.S. residents with UK pensions.

    We explore the basics of SIPPs, their advantages, and the critical tax implications and reporting requirements for US residents who hold a SIPP.

    It's important to work with specialists to navigate these complexities and ensure compliance with both UK and US regulations.

    Key Takeaways
    • UK SIPPs are popular for consolidating old pensions.
    • An international SIP is a UK product for non-UK residents, since most UK providers won't accept foreign addresses.
    • SIPs are not treated the same as US retirement accounts.
    • The IRS does not classify UK SIPs as tax-advantaged.
    • The US-UK tax treaty can mitigate some tax issues.

    Chapters
    • 00:00 Understanding the UK SIPP
    • 05:46 Compliance and Reporting Requirements

    Episode Links and Resources

    • Ep 51: What Is English For "Tax Treaty?"


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    The IM Café Finance / Tax Roastery (Store) Is Live


    Grab "the Comprehensive Checklist for Foreign Nationals on Work Visas Leaving the U.S." currently on sale, to celebrate our 50th episode.

    If you'd like to work with us on your finances or taxes, check out the process

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    Be sure to join the conversation by visiting our page: The International Money Cafe

    Or by following us on social media:- LinkedIn; Instagram; Twitter (X); Facebook.

    ------------------------------------------------------------------------------------
    The speakers' views and opinions discussed in this episode should not be considered financial, tax, or legal advice. Consult your advisor for any legal, cross-border tax, and financial advice.
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    11 mins
  • Ep 69: One Cross-Border Marriage and Two Filing Statuses: How The 6013h Election Can Help!

    Ep 69: One Cross-Border Marriage and Two Filing Statuses: How The 6013h Election Can Help!
    May 6 2026
    We discuss the 6013h election, a tax provision that allows certain non-residents to file as U.S. residents.

    We explore eligibility criteria, the benefits of filing jointly, and the potential drawbacks, including the requirement to report worldwide income.

    We emphasize the importance of consulting a tax professional before making this election and clarify common misconceptions about related tax codes.


    Key Takeaways











    • The 6013h election allows non-residents to file as tax residents.
    • Eligibility for the election includes being married and both spouses being present in the U.S.
    • Filing jointly can lead to lower tax brackets and higher deductions, but requires reporting worldwide income and assets.
    • Once made, the 6013h election can only be revoked before the tax deadline.
    • The election locks you into joint filing unless certain conditions are met.



    Chapters
    • 00:00 Understanding the 6013h Election
    • 03:14 Eligibility and Limitations of the 6013h Election
    • 06:13 Benefits and Drawbacks of Filing Jointly
    • 09:47 Final Thoughts and Resources


    Episode Links and Resources

    • Ep 7: Section 6013(g) - Non-resident, Non-citizen, filing taxes with a U.S. citizen
    • When the Nonresident Spouse Becomes U.S. Enough for the IRS!
    -----------------------------------------------------------------------------

    The IM Café Finance / Tax Roastery (Store) Is Live


    Grab "the Comprehensive Checklist for Foreign Nationals on Work Visas Leaving the U.S." currently on sale, to celebrate our 50th episode.

    If you'd like to work with us on your finances or taxes, check out the process

    ---------------------------------------------------------------------------------

    Be sure to join the conversation by visiting our page: The International Money Cafe

    Or by following us on social media:- LinkedIn; Instagram; Twitter (X); Facebook.

    ------------------------------------------------------------------------------------
    The speakers' views and opinions discussed in this episode should not be considered financial, tax, or legal advice. Consult your advisor for any legal, cross-border tax, and financial advice.
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    13 mins
  • Ep 68: What Is English For "The Schengen Shuffle"?

    Ep 68: What Is English For "The Schengen Shuffle"?
    Apr 22 2026
    We discuss the Schengen Area and the concept of the 'Schengen shuffle,' a strategy for digital nomads and long-term travelers to navigate visa regulations in Europe.

    We explain the 90/180-day rule, popular destinations for shuffling, and the importance of tracking travel days to avoid legal issues.

    We emphasize the need for careful planning and compliance with immigration laws while enjoying the freedom to travel in Europe.

    Key Takeaways
    • The Schengen Area allows travel across 29 countries without internal borders for a 90-day limit within a 180-day period.
    • The Schengen shuffle involves leaving the Schengen Area to reset the 90-day clock.
    • Popular non-Schengen destinations include the UK, Albania, and Turkey.
    • Tracking travel days is crucial to avoid overstaying and penalties. There are apps that can help.
    • Timing and planning are key to successful travel in Europe.
    • Digital nomads can experience local life without a visa. Travel regulations may change, so stay informed.
    Chapters
    • 00:00 Understanding the Schengen Area
    • 03:08 The Schengen Shuffle Explained
    • 05:49 Navigating the Schengen Shuffle
    • 08:58 Living the Digital Nomad Life



    Episode Links and Resources

    • Ep 10: What Is English For "Digital Nomads?"
    • Learning the Mechanics Of A Foreign Tax Credit


    -----------------------------------------------------------------------------

    The IM Café Finance / Tax Roastery (Store) Is Live


    Grab "the Comprehensive Checklist for Foreign Nationals on Work Visas Leaving the U.S." currently on sale, to celebrate our 50th episode.

    If you'd like to work with us on your finances or taxes, check out the process

    ---------------------------------------------------------------------------------

    Be sure to join the conversation by visiting our page: The International Money Cafe

    Or by following us on social media:- LinkedIn; Instagram; Twitter (X); Facebook.

    ------------------------------------------------------------------------------------
    The speakers' views and opinions discussed in this episode should not be considered financial, tax, or legal advice. Consult your advisor for any legal, cross-border tax, and financial advice.
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    11 mins
  • Ep 67: Visa to Wealth: Brewing Success with H-1B and O-1 Visas

    Ep 67: Visa to Wealth: Brewing Success with H-1B and O-1 Visas
    Apr 8 2026
    We discuss strategies for building wealth in the U.S. while on non-immigrant work visas, specifically the H-1B and O-1 visas.We explore the complexities of visa regulations, investment opportunities, tax implications, and the importance of compliance with immigration laws.We emphasize the need for careful financial planning and consideration of individual circumstances when navigating wealth-building strategies as a visa holder.Takeaways Building wealth on a non-immigrant visa requires compliance with immigration laws.Visa holders can invest in employer-sponsored retirement plans and brokerage accounts, but must check eligibility with the brokerage.Day trading may jeopardize visa status.Rental property investments must be passive to avoid visa status issues.Spouses on dependent visas may have limited work options unless they obtain an EAD.Tax reporting for visa holders is similar to that of citizens, requiring the reporting of worldwide income.Chapters 00:00 Building Wealth on Non-Immigrant Work Visas04:36 Understanding H1B and O1 Visas07:41 Wealth Building Strategies for Visa Holders10:01 Investment Opportunities for H1B and O1 Visa Holders15:10 Real Estate Investments and Legal Considerations20:14 Starting a Business on a Visa23:12 Tax Reporting for Visa Holders25:10 Cross-Border Wealth Management33:22 Path to Green Card and CitizenshipEpisode Links and ResourcesEp 54:Temporary Permanence: Leaving The U.S. On A Work VisaEp 58: Tech Job Layoffs & Visa Chaos: Survival Tips For Foreign WorkersHow To Prepare For A Layoff On A Work VisaMichael Kitces - Navigating Challenges When Investing For Work Visa HoldersA Visa Holder's Guide to Saving for Retirement in the United States-----------------------------------------------------------------------------The IM Café Finance / Tax Roastery (Store) Is LiveGrab "the Comprehensive Checklist for Foreign Nationals on Work Visas Leaving the U.S." currently on sale, to celebrate our 50th episode.If you'd like to work with us on your finances or taxes, check out the process ---------------------------------------------------------------------------------Be sure to join the conversation by visiting our page: The International Money CafeOr by following us on social media:- LinkedIn; Instagram; Twitter (X); Facebook.------------------------------------------------------------------------------------The speakers' views and opinions discussed in this episode should not be considered financial, tax, or legal advice. Consult your advisor for any legal, cross-border tax, an
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    34 mins
  • Ep 66: Before You Expatriate, Understand The Exit Tax

    Ep 66: Before You Expatriate, Understand The Exit Tax
    Mar 25 2026
    This conversation delves into the complexities of the exit tax that individuals may face when expatriating from the U.S.

    The decision to expatriate is not one to be taken easily. We discuss who is liable for the exit tax, how it is calculated, and the ongoing tax obligations that may persist even after leaving the country.

    We also explore various planning considerations to mitigate the impact of the exit tax, emphasizing the importance of careful planning and timing in the expatriation process.


    Key Takeaways

    • An exit tax is imposed when one expatriates from the U.S.
    • Covered expatriates must meet specific criteria to be liable for the exit tax.
    • The exit tax calculation is based on various asset types and their locations.
    • Post-expatriation, individuals may still owe U.S. taxes on certain income.
    • The timing of expatriation can significantly affect tax liabilities.
    • Asset transfers and gifting can help mitigate the impact of an exit tax.
    • Retirement accounts may be subject to high taxes for non-resident aliens.
    • Trust and estate planning are crucial for expatriates.
    • Treaty considerations can influence exit tax obligations.
    Chapters
    • 00:00 Understanding Exit Tax: An Overview
    • 02:45 Who is Liable for Exit Tax?
    • 05:57 Calculating the Exit Tax
    • 08:58 Post-Expatriation Tax Obligations
    • 11:46 Planning Considerations to Mitigate Exit Tax

    Episode Links and Resources

    • Ep 22: What is English For "Covered Expatriate?"
    • Understanding The Exit Tax

    -----------------------------------------------------------------------------

    The IM Café Finance / Tax Roastery (Store) Is Live


    Grab "the Comprehensive Checklist for Foreign Nationals on Work Visas Leaving the U.S." currently on sale, to celebrate our 50th episode.

    If you'd like to work with us on your finances or taxes, check out the process

    ---------------------------------------------------------------------------------

    Be sure to join the conversation by visiting our page: The International Money Cafe

    Or by following us on social media:- LinkedIn; Instagram; Twitter (X); Facebook.

    ------------------------------------------------------------------------------------
    The speakers' views and opinions discussed in this episode should not be considered financial, tax, or legal advice. Consult your advisor for any legal, cross-border tax, and financial advice.
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    14 mins
  • Ep 65: What Is English For "Investment Income"?

    Ep 65: What Is English For "Investment Income"?
    Mar 11 2026
    There are three types of investment income: interest, dividends, and capital gains. Do you know how each is generated, reported, and taxed?

    You are in luck – we cover all this and more, emphasizing the importance of understanding these concepts for effective financial planning.

    We also explain the implications of being a tax resident versus a non-resident, as well as the potential for additional taxes, such as the net investment income tax.

    Chapters
    • 00:00 Understanding Investment Income: Interest, Dividends, and Capital Gains
    • 10:55 Tax Implications of Investment Income
    • 11:55 Conclusion and Resources
    Episode Links and Resources

    • Ep 49: What Is English For "Net Investment Income Tax (NIIT)?"
    -----------------------------------------------------------------------------

    The IM Café Finance / Tax Roastery (Store) Is Live


    Grab "the Comprehensive Checklist for Foreign Nationals on Work Visas Leaving the U.S." currently on sale, to celebrate our 50th episode.

    If you'd like to work with us on your finances or taxes, check out the process

    ---------------------------------------------------------------------------------

    Be sure to join the conversation by visiting our page: The International Money Cafe

    Or by following us on social media:- LinkedIn; Instagram; Twitter (X); Facebook.

    ------------------------------------------------------------------------------------
    The speakers' views and opinions discussed in this episode should not be considered financial, tax, or legal advice. Consult your advisor for any legal, cross-border tax, and financial advice.
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    13 mins
  • Ep 64: Your Top 5 Cross‑Border FAQs, Demystified

    Ep 64: Your Top 5 Cross‑Border FAQs, Demystified
    Feb 25 2026
    We tackle the complexities of cross-border taxes for American expats. We address the top five frequently asked questions expats have about their tax obligations while living abroad.

    We start by emphasizing the need to file U.S. taxes even when residing overseas, noting that U.S. citizens are taxed based on citizenship rather than residency.

    They also highlight the importance of reporting foreign bank accounts and the potential penalties for non-compliance with IRS regulations.

    We also discuss filing jointly with a non-resident alien spouse, the implications of owning rental properties both in the U.S. and abroad, and the process of setting up a business entity in a foreign country.

    Key Takeaways
    • You must file U.S. taxes even if living abroad.
    • Foreign bank accounts must be reported to avoid penalties.
    • Filing jointly with a non-resident spouse can have tax implications.
    • Rental income from abroad needs to be reported on U.S. tax returns.
    • Setting up a business abroad requires understanding local laws and U.S. tax obligations.
    Chapters
    • 00:00 Introduction to Cross-Border Taxes
    • 01:18 Filing Requirements for Expats
    • 03:55 Reporting Foreign Bank Accounts
    • 05:41 Filing Jointly with a Non-Resident Spouse
    • 10:17 Handling Rental Properties
    • 14:02 Setting Up a Business Abroad

    Episode Links and Resources

    • Ep 62: Mind The Gap - 5 Cross-border Planning Pitfalls To Avoid
    • Ep 34: What Is English For "FBAR"
    • Top 5 Things To Know About FBAR Filing


    -----------------------------------------------------------------------------

    The IM Café Finance / Tax Roastery (Store) Is Live


    Grab "the Comprehensive Checklist for Foreign Nationals on Work Visas Leaving the U.S." currently on sale, to celebrate our 50th episode.

    If you'd like to work with us on your finances or taxes, check out the process

    ---------------------------------------------------------------------------------

    Be sure to join the conversation by visiting our page: The International Money Cafe

    Or by following us on social media:- LinkedIn; Instagram; Twitter (X); Facebook.

    ------------------------------------------------------------------------------------
    The speakers' views and opinions discussed in this episode should not be considered financial, tax, or legal advice. Consult your advisor for any legal, cross-border tax, and financial advice.
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    21 mins