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FATCA comes into play when you have a bank account and primarily when it has over $10,000 in it

If you dont have a BANK ACCOUNT and with national currency or securities in it, then there is no FATCA

Hm if that wasnt clear, stablecoins/crypto are exempt. Several stablecoins are FDIC insured according to the issuer. Form a US company just to access the international banking system and put a title on rent and pay for a github account. Let your international company just use crypto.



I really hope you haven't been neglecting to fill out form 5471 and form 8938 based on a misunderstanding of reporting requirements.

FBAR requirements are separate and distinct from FATCA.


Doesnt matter if you dont use banks


(a Foreign bank account, one might add)




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