Vol. III · No. 47 · Q1 2026 EditionUpdated Weekly · ECB FX

WorthOf

A global ledger of salary, tax & the price of living

Citizenship guide

US Citizens Working Abroad— Complete Tax Guide 2026

As a US Citizen, you remain on the hook for home-country tax filings no matter where you live. Here's how each major destination treats you.

Worldwide taxation — the US exception

You will file a US return every year — forever.

Form 1040

File annually regardless of residence. Worldwide income is reportable; the Foreign Tax Credit offsets most foreign tax already paid.

FEIE 2026

The Foreign Earned Income Exclusion can shield up to $126,500 of foreign-earned income from US federal tax — if you pass the Physical Presence or Bona Fide Residence test.

FBAR

File FinCEN Form 114 if your foreign bank accounts ever exceed $10,000 in aggregate at any point during the year.

Destinations

7 countries covered for us citizens