The Foreign Account Tax Compliance Act (FATCA) applies to U.S. citizens, U.S. residents (including green card holders), and certain non-residents who meet specific criteria.

You can find out more information about your US Tax Residency status here.

As a partner of financial institutions, Expatrio must report on the foreign assets held by their U.S. account holders. For this reason, we ask questions related to U.S. residency status during the Expatrio account application.

What Do I Have To Do To Make Sure I Am FATCA Compliant?

Under FATCA, certain U.S. taxpayers holding financial assets outside the United States must report those assets to the IRS as part of their annual tax-return, generally using Form 8938, Statement of Specified Foreign Financial Assets.

Find out more by visiting the IRS website.

Please ensure that the information you provide to Expatrio during your application is correct.