Green card holders

Green card holder?
You may still owe US tax returns, even if you've left.

As a green card holder, you’re treated as a US tax resident. That means reporting your worldwide income to the IRS, wherever in the world you actually live.

A Common Blind Spot

What many green card holders don't realise.

Holding a green card makes you a US tax resident in the eyes of the IRS. In practice, your obligations look much the same as a US citizen’s, and they don’t end the day you leave the country.

You're taxed on worldwide income

Salary, investments, rental, business — wherever you earn it, it's all reportable to the US, the same as for a citizen.

FBAR & FATCA still apply

Your foreign bank, brokerage and pension accounts are reportable on FinCEN 114 (FBAR) and Form 8938 (FATCA).

It continues until you formally abandon it

Not when you leave the US. Not when the card expires. Your tax status ends only when you formally abandon the green card with USCIS and the IRS.

Myth vs Reality

The beliefs that get green card holders into trouble.

Most of the misconceptions we hear share one theme: assuming the obligation has quietly ended. Here’s what’s actually true.

The myth
"I left the US, so I don't file anymore."
The reality
Until you formally abandon the green card, you remain a US tax resident, filing US returns on your worldwide income no matter where you live.
The myth
"My green card expired, so I'm done."
The reality
An expired card doesn't end your tax status; only formal abandonment does. An expired card with no abandonment can leave you filing for years without realizing.
The myth
"There's a treaty that makes me a non-resident."
The reality
It depends entirely on where you live. Some APAC jurisdictions have a US tax treaty; others (including Hong Kong and Singapore) do not, so the treaty tie-breaker isn't always available. We assess your specific situation before relying on it.
The myth
"Giving up the green card is simple."
The reality
Green card holders who have held that status for 8 or more of the last 15 years may face exit-tax and expatriation considerations on abandonment. It's manageable, but it needs planning, ideally before you file Form I-407 to abandon the card.
What applies to you

The filings that come with green card status.

Now that the misconceptions are out of the way, here’s what actually applies: the same core obligations as a US citizen abroad, and the same relief provisions when you’ve fallen behind.

Worldwide income reporting

Your annual federal return (Form 1040) reports income from every country: wages, investments, rental, and business alike.

Form 1040
Worldwide income
FBAR & FATCA

FBAR (FinCEN 114) and FATCA (Form 8938) disclosure for your HK and APAC bank, brokerage, and pension accounts.

FinCEN 114
Form 8938
Filing ≠ paying

The Foreign Earned Income Exclusion and Foreign Tax Credit mean most clients file a US return without being taxed twice.

FEIE
Foreign Tax Credit
Behind on filing?

The IRS Streamlined Foreign Offshore procedure is a penalty-free path for those who qualify as non-willful. You’re not the first, and we do this often.

Streamlined Filing
3 returns · 6 FBARs
2,000+
US returns filed
12+
years serving APAC
5+
APAC jurisdictions
100%
CPA-led
Wherever You Are In APAC

Your green-card tax status follows you.

Hong Kong, Singapore, Tokyo, Sydney, or anywhere across the region: your US filing obligation travels with the card, not your address. The local specifics differ from place to place — treaty availability, retirement schemes, the treatment of foreign funds. Those cross-border details are exactly what we handle for each client, individually.

Get started

Find out where you actually stand.

Whether you’re ready to file or just want to understand your position, the first conversation is straightforward.

 

Get a quotation

You know you need to file. Let’s scope it and get you a fixed quotation for your green-card situation.

Speak with our team

Still working out whether any of this applies to you? Talk it through with a CPA before you commit to anything.