Why a Non-Resident Alien’s U.S. Assets Can Be Taxed at 40 Percent Many foreign buyers assume the U.S. estate tax works the same way for everyone. That assumption can be devastating. A U.S. citizen can pass more than thirteen million dollars to heirs without paying federal estate tax. A non-resident alien may owe estate tax…

If you live in the United States and own property or accounts in another country, your estate plan may not work the way you expect. This is especially true if your assets are located in a civil law country.