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  • Legally Abroad
  • March 1, 2026
  • People & Blogs
  • What You Need To Know

FBAR and FATCA: What Every American Living Abroad Needs to Know

If you have a foreign bank account and you’ve never heard of FBAR — this video could save your financial life. The US government can fine you over $16,000 per violation for failing to report a foreign bank account. If they determine the violation was willful, that fine jumps to $165,000 or 50% of your…

  • Tags:
  • American expat taxes
  • American moving to Italy taxes
  • Can the IRS fine me for a foreign bank account
  • Do I have to file FBAR if I live abroad
  • FATCA vs FBAR explained
  • FBAR explained
  • Living abroad as an American
  • US citizen living abroad tax requirements
  • WHAT ARE TAX REQUIREMENTS FOR SOMEONE LIVING ABROAD?
  • WHAT ARE THE TAX REQUIREMENTS FOR US CITIZENS LIVING IN ANOTHER COUNTRY
  • What happens if you don't file FBAR
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April 8, 2026
What Moving Abroad Influencers Won’t Tell You (A Lawyer’s Honest Take)
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