New U.S. Remittance Tax & Visa Fee Rules Explained (2025)
Why This Matters: Cash Out from America Takes a Tax! Effective January 1, 2026, a new 1% tax will be imposed on outgoing remittances, including cash, money orders, and cashier’s checks sent abroad. This applies not only to foreign nationals but also to U.S. citizens and legal immigrants.The tax is part of the recently signed […]