If she has no income and no name on any assets, then it doesn’t matter. But if she has any bank account, she’s affected by FATCA. I presume she has a UK bank account now, as she’s been living there and she comes with money.

The real problems start if she has a joint bank account with Harry. Then he’s subject to the same inspections she is.

This rule puts lots of American spouses in serious trouble–especially women. In order to get bank accounts, loans, and buy property, SAH American moms married to foreigners abroad often don’t have their name on anything. If they ever get divorced, depending on the country’s laws, he can argue that it is all *his* and she has no proof otherwise. Even if she has a job and her own bank account, if she’s not on the mortgage loan (because the bank won’t allow an American), he can still say it’s HIS house.

It’s a tremendously invasive and bad law and the main reason I wrote this was to bring attention to it. Plus, I do love a good royal wedding.

The royal family owns extensive real estate in the US, actually.

The Queen received tobacco subsidies on property she owned in the US at least until a few years ago. She got a bunch of flak for it and I believe she no longer applies for it .

A lot of British nobility don’t have to ever work a day in their lives to have an income in the millions. The royal family owns extensive real estate, and derives a *lot* of income from it.

Somebody needs a hug.

Yes, it is–and it’s also good info for US citizens who may be thinking about moving abroad.

Awww, Parker, I’ve missed you. I noticed you didn’t comment on my last Swiss Saturday post. Probably because it was on red light districts, which you found useful.

And this is an article about finance, which is something my editors have asked me to focus more on, FYI.