Nicolás Castillo

Certifications

  • CPA, registered in Florida

Education

  • Master of Science in Taxation, University of Miami
  • B.S.B.A., Accounting and Finance, University of Miami Herbert Business School

Nicolás Castillo

Nicolás Castillo, CPA has spent his 7+ year career to date working in US international tax and the past three years specializing in expat tax for Americans living abroad. During this time, he identified a passion for supporting small and large expat business owners and ambitious expat entrepreneurs who share a common problem: navigating US tax reporting obligations.

As an expat business owner living in Madrid, Nicolás empathizes with the dual issue of US tax reporting complexities and onerous and potentially expensive interactions with the IRS while also complying with local tax law. Expat business owners and entrepreneurs deserve a credible guide through the tax code that too often conflates an honest mistake with intentional failure to follow the rules.

Thus, Rook CPAs was born, a company dedicated to facilitating expat business operations and expat entrepreneurial activity for US expats worldwide, with a focus on Western Europe. Foreigners seeking to pursue business dreams in the US are also welcome aboard Rook CPAs’ ship, as Nicolás’ expertise spans the US expat/US inpat spectrum. With his background in international tax, Nicolás has also helped 100% of American-based companies expand into other countries.

Formerly employed by a large regional accounting firm and most recently a senior tax manager at a multiple award-winning expat tax service provider, Nicolás takes great pride in applying his knowledge of the US tax code in strategically beneficial ways for US expat and inpat business owners. As a first-generation American, Nicolás also understands that, sometimes, we’re called to build and create in a place different than where we’re from. But that shouldn’t be an obstacle to success, which is where Rook CPAs come in.

Recent articles by Nicolás Castillo

Visit our library of educational resources, featuring our latest blog articles, media appearances, and upcoming in-person events.

Selling a Primary Residence Before Moving Abroad: Taxes and Timing

Selling a Primary Residence Before Moving Abroad: Taxes and Timing
If you’re moving abroad and you own a US home, timing matters. Sell before foreign tax residency begins and you may keep the full §121 exclusion—sell after, and the math can change fast.

How U.S. Retirement Accounts Are Taxed Abroad: A Comparative Guide

How U.S. Retirement Accounts Are Taxed Abroad: A Comparative Guide
Retirement accounts abroad are one of the first areas where Americans planning to retire overseas discover that ...

What Is Signature Authority on a Bank Account for FBAR?

What Is Signature Authority on a Bank Account for FBAR?
When people hear “FBAR,” they usually think about owning foreign bank accounts. But ownership (also referred to as having a “Financial Interest” in a foreign bank) of a foreign bank account is only part of the picture. The FBAR rules also apply to people who don’t own the money at all, but still have the power to control what happens to it. That’s where signature authority comes in.

What Is a PFIC? A Guide to Rules, Reporting for US Expats

What Is a PFIC? A Guide to Rules, Reporting for US Expats
PFIC is one of those terms that almost guarantees confusion the moment it enters the conversation. It stands for "Passive Foreign Investment Company," but that label alone explains very little. In practice, PFIC rules are one of the most frustrating parts of the U.S. tax system. They can affect Americans living abroad, which is the more common way the topic surfaces. However, they can also affect Americans in the US who previously worked abroad or inherit investments.

NHR 2.0: The IFICI Opportunity for US Business Owners in Portugal

NHR 2.0: The IFICI Opportunity for US Business Owners in Portugal
When Portugal’s beloved Non-Habitual Resident (NHR) program closed to new applicants in 2024, many expats and ...

Section 962 Election for U.S. Business Owners Abroad

Section 962 Election for U.S. Business Owners Abroad
Making a Section 962 election is a bit like repairing a jet engine mid-flight. It can keep you airborne when the ...
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