In this insightful episode, we explore the foundations of cross-border financial planning, designed specifically for Americans. Whether you're considering living overseas, investing internationally, or planning to retire abroad, understanding how to navigate complex financial landscapes across borders is essential. We dive into what cross-border financial planning really means—managing income, assets, and obligations that span multiple countries—and why it's crucial for maintaining compliance, minimizing tax liabilities, and protecting your wealth.
We're joined by special guest John McNertney, founder and owner of Green Ocean Global Advisors, who brings deep expertise in helping Americans manage their finances across borders. John shares real-world insights on avoiding common pitfalls, understanding regulatory requirements, and building a solid, globally integrated financial strategy tailored to individual goals.
You'll learn who needs cross-border financial planning, from U.S. citizens living abroad, international entrepreneurs, and Americans married to foreign nationals. We also highlight common and costly mistakes such as failing to report foreign accounts under FBAR and FATCA, investing in non-compliant foreign funds like PFICs, and overlooking estate planning conflicts between legal systems.
For those investing offshore, we discuss how to achieve global diversification while staying aligned with U.S. regulations. If you're considering retiring outside the U.S., we cover key factors like local healthcare access, currency management, and how to handle U.S.-based retirement accounts from abroad. Finally, we walk through the first steps toward building a cross-border financial plan—setting clear goals, taking stock of international assets and obligations, and working with professionals who understand both U.S. and foreign financial systems.
00:00 Intro
00:30 Switzerland's Interest Rate Decision
03:27 Introduction To John McNertney & Green Ocean Global Advisors
06:36 Cross-Border Financial Planning vs. U.S. Financial Planning
08:26 What Is A Cross-Border Financial Plan
11:02 Mistakes To Avoid
18:37 Make Sure You Have The Right Partners
25:46 Opening An American Mind to International Investing
33:33 Initial Steps Of A Financial Plan To Retire Overseas
39:54 Final Thought
40:52 Outro
Webinar with John McNertney, Ryan Ahrens, and Jess Roberson: https://youtu.be/tHl9ZvvczHU?si=GmYFSVEb0tScxTGm
Learn more about Green Ocean Global Advisors: https://www.greenoceanglobal.net/
Find Green Ocean Global Advisors on YouTube: @greenoceanglobaladvisors
Connect with John McNertney on LinkedIn: https://www.linkedin.com/in/john-mcnertney-cfp%C2%AE-4b14a71/
About WHVP:
WHVP is an independent asset manager, specializing in managing the funds of private clients. We are registered with the SEC in the U.S. and are located in Zurich, Switzerland. We are associated with several first-class private banks in Switzerland, Liechtenstein, and Austria, which act as custodian banks for our clients' accounts. Our asset management principles are guided by conservative, long-term-oriented capital preservation strategies. Our focus is personalized service. We structure a portfolio that will be insulated against U.S. Dollar depreciation yet capitalize on overseas investment opportunities.
Contact WHVP:
Website: https://whvp.ch/
Email: info@whvp.ch
Telephone: +41 44 315 77 77
Disclaimer: All posts and publications are for your information only and are not intended as an offer, promotion, or solicitation to buy or sell any financial instrument or perform any other financial transactions. All information and opinions expressed in posts and publications reflect our current views as of the date of the publication and may be liable to change without notice.