How do you confirm the FBAR exemption applies, but check other foreign accounts for a Puerto Rico move?
This is step 1 of 1 in audit all credit cards for foreign transaction fees, part of the Puerto Rico tax and money work. The order comes from the verified sequence for this task, so start here before the steps that follow it.
Confirm the FBAR exemption applies, but check other foreign accounts.
FBAR (FinCEN Form 114) is NOT required for Puerto Rico financial accounts because PR is not treated as a foreign country for FinCEN purposes. If you also hold accounts in an actual foreign country from an earlier move, those still require FBAR.
The full audit all credit cards for foreign transaction fees process typically runs no action required before departure.
This one happens at the official source, not on a forum. Go straight to irs.gov and you skip the lookalike sites.
Do this step at irs.govThe steps of audit all credit cards for foreign transaction fees, in order
- Step 1Confirm the FBAR exemption applies, but check other foreign accountsYou are here
Your plan dates this step against your move.
Start a plan and this step lands on your calendar in the right week, sequenced with everything before and after it, so the Puerto Rico paperwork is moving while you are still packing.
Free to start. No card required for the plan preview.
Last verified: May 2026 · Not tax or legal advice. Always confirm requirements with the official source.