US Expatriates Living in Colombia: Foreign Tax Credit Explained

[@rafaeljimenez2769]

Do you have a video on taxation of a retired person that earns no earned income, just pension and Social Security?

[@quintilonetax]

Thank you for the comment. Can you tell which country you are looking for taxation guidance on? Specifically how Colombia would tax this income or United States? Thank you. I can make a video addressing this topic. -Dylan

[@donovanduncan5733]

We are us citizens and only get veterans disability benefits and social security, how is this done in colombia?

[@dovygoodguy1296]

Hi, Dylan. Here's an interesting question: What about a situation of a dual citizen Canadian American who is taxed by the US everywhere, and has his major financial interests and connections in Canada (as a Canadian tax resident), and lives over 183 days in retirement in Colombia?? How does one avoid TRIPLE taxation?? One assumes there is no tax liability as a retired person in Colombia unless one earns money from renting/Airbnb. But if one has business activity in Colombia AND is liable for taxation in the US AND Canada, is that called triple taxation relying on tax treaties??

[@joecartagena1525]

Great video. Does an American who receives S.S and Pension who is married to a Colombian in Colombia have to pay taxes there?

[@jonathanescalada1584]

Thank you for the video. Is the foreign tax credit you talked about applicable to someone with a retirement Visa in Colombia receiving only social security?

[@alzheimerjoebiden4266]

That is NO HELP, Colombia may tax you 35% or 50% of income because they have a graduated income tax and the USD is worth around $4,000 pesos.

[@danielalcivar8921]

Hey Dylan, how are you, reaching you from Armenia, Quindio have several questions can we do a virtual conference?

[@quintilonetax]

Sure thing, my WhatsApp is [phone]. Ping me there and we can set up a time. -Dylan

[@danielalcivar8921]

@@quintilonetax Thanks