Foreign bank account reporting is a critical obligation for individuals and entities holding financial assets abroad. At Borderless Lawyers, we help expatriates, global investors, and high-net-worth clients navigate complex disclosure regimes like FBAR, FATCA, and CRS to ensure full compliance and minimize risk of penalties.
✅ What We Offer in Foreign Bank Account Reporting
🏦 FBAR (Foreign Bank Account Report) Compliance
-
Preparation and timely filing of FBAR forms (FinCEN Form 114) for U.S. persons
-
Identification of reportable accounts and aggregation of balances
-
Assistance with voluntary disclosures and penalty mitigation
🌍 FATCA (Foreign Account Tax Compliance Act) Support
-
Guidance on FATCA reporting requirements for U.S. taxpayers and foreign financial institutions
-
Coordination of IRS Form 8938 and related disclosures
-
Compliance strategies for individuals and entities
🔄 CRS (Common Reporting Standard) Advisory
-
Assistance with CRS compliance and reporting for global financial institutions
-
Understanding individual obligations and reporting thresholds under CRS
-
Coordination with tax authorities and financial institutions
⚖️ Risk Assessment & Compliance Planning
-
Review of global financial asset holdings and reporting obligations
-
Strategic planning to avoid duplication and ensure accurate reporting
-
Support with audit defense and regulatory inquiries
🛠 How We Work
🧭 1. Financial Asset Review
We identify all foreign financial accounts and assets subject to reporting.
📄 2. Reporting Preparation
We prepare accurate filings in accordance with jurisdiction-specific rules.
⚖️ 3. Submission & Compliance
We assist with electronic submission and maintain records for audit readiness.
🔍 4. Ongoing Monitoring
We track regulatory updates and advise on compliance changes.
👥 Who We Help
-
U.S. persons and taxpayers with foreign financial accounts
-
Expats and global investors with cross-border banking relationships
-
Trustees and entities with offshore accounts
-
Financial advisors seeking compliance support for clients
✅ Why Borderless Lawyers?
🌐 Expertise in FBAR, FATCA, and CRS reporting frameworks
📜 Comprehensive support from identification to filing and compliance
⚖️ Proactive approach to reduce penalties and regulatory risks
🔐 Confidential, efficient, and client-centered service
📞 Stay Compliant with Foreign Account Reporting Obligations
Don’t risk costly penalties for non-compliance. Contact Borderless Lawyers for expert foreign bank account reporting and compliance support.