Are US Expats Required to File FBAR (FinCEN form 114)?
https://www.goldinglawyers.com/do-exp...
The FBAR refers to foreign bank and financial account reporting. Each year, U.S. persons are required to report their foreign financial accounts on FinCEN Form 114. Taxpayers file the form to report the maximum account value in their foreign accounts and assets. Where it can get unnecessarily complicated for U.S. expats, is that since the United States follows a citizenship-based taxation model, expats are generally required to meet the same tax and reporting standards just as if they resided in the United States.
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