American Citizens Abroad Financial Services

Something for US citizens for a change

I feel bad. Many of the products and services we talk about here on RetireJapan are not available to US citizens and it's very frustrating sometimes to try and give suggestions or advice.

So I am really happy to introduce something today that is only for US citizens and goes a way towards making up for all the other stuff. We actually featured this on the Facebook page a few weeks ago (like us to get links to random articles and news that don't make it to the blog) but I'm posting it here to make sure as many people as possible see it.

American Citizens Abroad is a lobby group for US expats living outside the United States. They've managed to team up with the State Department Federal Credit Union and get access to diplomat-grade bank and retirement accounts.

Great news for US citizens frozen out of regular bank accounts in the countries they live in (I'm actually a bit jealous, and would love to see something like this for UK citizens too).

Interactive Brokers also offers extremely low-cost investment accounts for US citizens and others, including IRA and Roth IRA accounts.

Anyone have an account with ACA? Any other advice for US citizens?

This post first ran on RetireJapan in October 2016