Us-Tax

The New Cost of Sending Money Home

A US tax on cash transfers and a Nigerian settlement rule are not two stories. They are one shift in the same direction — the machinery of diaspora money is being re-engineered toward friction, and the levers you still control are funding method, timing, and channel.

How the US remittance tax actually lands across the Caribbean

Nairobi Dispatch: Two Pressures Are Squeezing the Money Kenyans Abroad Send Home

The 1% Cash Tax Is Live. If You Still Hand Over Cash, You're Paying It.

The 1% cash remittance tax is live — and easy to avoid

*The U.S. federal excise tax on cash-funded international transfers has been live since January 1. Funding the same transfer from a bank account or card avoids it entirely.*

Kenya's remittance corridor squeezed from two directions at once

*The U.S. cash-remittance tax and tightening Saudi labour conditions are pressing the two largest Kenya inbound corridors at the same time. The dollar value of remittances may hold while purchasing power drops.*