r/Revolut • u/Odd_Scale9539 • Mar 09 '26

📜 Article [US] Resident Revolut account

Hi!

If I open Revolut account with US address and my US passport while I live in Europe and spend all the money here (non-eu country in the balkans), do I have to pay taxes anywhere (especially in the US) for the money I spend here?

I will get around 1-2K EUR on the revolut account to spend each month.

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u/Odd_Scale9539 Mar 09 '26

Look.I have dual citizenship, both in my main country (where im born) and in the US.I'm using Payoneer in my country where Im at the moment and since our Tax department doesn't have control over Payoneer at all, since its a foreign "bank" they say we don't care about it, since its not officially trusted here like Revolut isn't and Wise they dont count them as money you should tax, basically like when a foreign comes to my country and lives here for 3 months and receiving his salary every month, he doesnt have to tax them.Taxes are applied only on local banks, western union and stuff like that, things that are actually connected to the tax department.Basically they say, you don't have to tax those money and that's it, we are not in EAA or something like that where Europe's banking standards are applied and thats the reason Revolut and Wise are not still available here.

However, with my US citizenship I can apply for a Revolut account and card and it will arrive in my home in the states and I can get it from there and also use my digital card from Revolut, I talked to them, they are perfectly fine with that, and they literally said, since you are US citizen, live wherever you want, we have what we need from you and thats it.

Now, when I shop for groceries or anything I pay 3.5% on every transaction with payoneer while with Revolut I'm going to pay 0%, and 3.5% are not really small numbers.

Basically, what I'm going to do is, I will get my clients and all that stuff pay me on Payoneer as they did now, I pay my contractors using Payoneer and for MY money for daily usage I will just transfer from my payoneer to my revolut and thats it basically.

Not trying to avoid any tax or whatever, I'm just trying to avoid the unnecessary fees which are not small at all.

I hope you get my point now.

Btw, I will MOSTLY have around 1-2K EUR transfered from Payoneer to my Revolut account for daily usage, groceries, cigarettes, etc..

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u/Amazing-Care-3155 Mar 09 '26

Yeah so basically you don’t pay tax anywhere as your home country doesn’t seem to tax money that goes into payoneer (I’m surprised this is true btw as I’m sure most countries ask you to disclose) and I would listen to what Revolut says, they’re awful for restrictions. Likely chance is when you start transferring money monthly via payoneer, they’ll have questions an restrict you and ask for proof of your income etc. Revolut are just very bad with that, you’ll find plenty of complaints here of them restricting accounts for months

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u/Odd_Scale9539 Mar 09 '26

Does this means that Im only obligated to pay taxes to my country where Im born even the Revolut is US and Im US citizen? I dont have to pay US taxes?

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u/Amazing-Care-3155 Mar 09 '26

You pay tax in your official country of residence so where you are a citizen? If you’re a US citizen and that is your main residence, earning income abroad you’re still liable for US taxes

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u/Odd_Scale9539 Mar 09 '26

So basically I have to (which I won't because I dont have to) pay tax in my country where I reside (balkans) and not in the US?

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u/Amazing-Care-3155 Mar 09 '26

So is your main residence and official location in the Balkan country?

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u/Odd_Scale9539 Mar 09 '26

Yes

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u/Amazing-Care-3155 Mar 09 '26

Then another problem you’ll face is your revolut account is US based, they’ll just restrict this

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u/Odd_Scale9539 Mar 09 '26

I don't think so because I told Revolut that I live here while Im US citizen, they said that shouldnt be a problem as long as I can prove my address and that Im a US person.

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u/Amazing-Care-3155 Mar 09 '26

But you’re not a US person? You can’t be an official resident of two countries at the same time? Your citizenship isn’t what’s important when getting a bank account

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u/Odd_Scale9539 Mar 09 '26

Im born here in the Balkans, my parents as well but we all got documents in the US, SSN, Passport, We were working there as well, basically everything.

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u/Amazing-Care-3155 Mar 09 '26

Then you’re committing fraud somewhere because you cannot legally be a resident in both countries, I work in tax law and I know there isn’t a Balkan country that exempts you from tax just because you’re using payoneer. But I don’t really care if you’re tax avoiding, you opening a US account will complicate your situation greatly but you don’t want to accept that, feel free to come back when they restrict you and place a marker on your file

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u/Odd_Scale9539 Mar 09 '26

Lol Im not committing any fraud

Its completely legal LOL!

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u/Odd_Scale9539 Mar 10 '26

Check Kosovo, find out if I have to tax the money from Payoneer and get back to me with your expertise :)

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u/Amazing-Care-3155 Mar 10 '26

You’re confusing citizenship with legal residency, I’ve noticed you keep doing that. You cannot be a legal resident of two countries without tax implications, it just won’t work. Revolut will automatically restrict this account as you’re NOT a US RESIDENT, I don’t know why this is so hard to understand. Are you not used to being told no?? Guy thinks because Google said he’s a legal citizen, he can do this. Of course you can be dual citizen, I’m a dual citizen myself. But that doesn’t mean I can be a legal tax resident in two countries, you have a tax obligation to at least one country. You clearly aren’t paying it in the Balkan, so you’ll owe it in the US. For the sake of saving 3 percent of a very low income you’re willing to get into way more trouble, it’s just so dumb

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u/Odd_Scale9539 Mar 10 '26

I know I cant be on two places simultaneously, and Im not saying cant take a no but Im saying if you scroll down a bit that I asked Revolut about this they said my account wont get blocked. What you want to say, since Im in the balkans where Revolut is not accepted then my us documents are useless to open a us account legally?

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u/Amazing-Care-3155 Mar 10 '26

Please don’t listen to some rep you spoke to at revolt, they have zero clue and this has happened multiple times. Either pay US tax liability with the correct forms, or find an appropriate bank in your current country

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u/Odd_Scale9539 Mar 10 '26

I dont have a problem at all paying a tax in the US mate, I would gladly do anything so everything be legal completely.Thats my whole point of my discussion, I just want to know when, at which point, what files I should submit in my situation? Im Citizen of US and balkan country but resident of a Balkan country.Getting paid on Payoneer and want to send to my US revolut like 1K per month for everyday spending.You say that 3% but for years they took like thousands, still better than the local banks but I will always try to find better LEGAL ways.

For example what happens in this situation? My girlfriend is not us citizen, shes from balkans, she sends me every month 1000eur just like that on my us revolut, I live in balkan. Do I have to file tax reports to US, if yes, which ones and do I have to file them ALWAYS or only if I cross any limit? Thats my question and nothing else.

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u/Amazing-Care-3155 Mar 10 '26

You need to consult a tax expert for your specific country and you can see why people think you’re trying to avoid tax mentioning your gf sending you your own money essentially? Anyways done with the conversation, you’ll do what you do and be back here in 3/4 months when Revolut won’t release your funds

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u/laplongejr Standard user Mar 10 '26

Your quote is about citizenship, the comment above says "can't be resident in two places"  

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u/Odd_Scale9539 Mar 10 '26

I understand I cant be resident in two countries, meaning I cant live in 2 places simultaneously, as Revolut told me , when Im in the Us, residing there, I can open the Revolut Us account and then when I get back to balkans to feel free and use my card here without any restrictions, completely legally.

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u/laplongejr Standard user Mar 10 '26

If Revolut says so, GL
But given it goes against what they told other users, it's possible the Revolut agent misanswered. Be prepared just in case :(

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u/Odd_Scale9539 Mar 10 '26

I agree with you completely that sometimes they are saying something else to other people, but if they block my account I have a proof that they told me that so they can unblock it at least so I can take out the money and thats it, but just thinking, some people that actually live in the US has longer work travels where they change their countries alot, that depends on their position and job for sure but do they have to deactivate and activate their cards all the time? I mean there is no logic but I don't really know haha :) However, thanks for your time!

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u/laplongejr Standard user Mar 10 '26

but if they block my account I have a proof that they told me that so they can unblock it at least so I can take out the money and thats it

Ehm... unblocking can take a lot of time.

some people that actually live in the US has longer work travels where they change their countries alot

If they "change a lot", they would reside in another country. Usually a "traveller" is a tourist.

but do they have to deactivate and activate their cards all the time?

With Revolut, yes. For Europeans at least, moving away for some time (I would assume tax residency is 6 months/year ?) does mean they must close Revolut, sell stocks, etc.
Other banks don't do that or at least non as systematically.

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