Tax Consultant for Pakistanis in New Jersey

Common Situations We See from New Jersey

The questions that reach us from New Jersey usually fall into a handful of patterns. A family in Jersey City owns a house in Lahore or Karachi that a brother rents out for them. A couple in Edison has inherited a share of a parent's property in Gujranwala or Rawalpindi and wants to sell it. A business owner in Paterson wants to buy a plot in a Pakistani housing scheme and has been quoted a high advance tax because he is not a filer. Or a retiree is moving back to Pakistan and needs to understand how a US pension and Social Security will be treated.

Rent Collected by Relatives

Rent from Pakistani property is Pakistani-source income and is taxed in Pakistan even when the owner lives in New Jersey. The owner declares it, not the relative who collects it. A company or bank tenant withholds tax, which the owner claims.

Selling Inherited Property

Each heir's share is taxed separately. The seller's advance tax under section 236C is lower for active filers, so heirs in the US usually save by registering and filing before the sale. The gain depends on when the property was acquired, and inherited property generally carries the deceased owner's acquisition history.

Buying a Plot in Pakistan

Registering with a NICOP and filing a return before the transfer reduces the buyer's advance tax under section 236K.

Residence and Your US Obligations

If you spend less than half the year in Pakistan, you are generally non-resident here and taxed only on Pakistani income. US citizens and green card holders report worldwide income to the IRS and may need to report foreign accounts; we handle only the Pakistani return, and your US preparer handles the US side.

Working Across Nine or Ten Hours

Pakistan is nine hours ahead of New Jersey in summer and ten in winter. Documents sent by WhatsApp or email in your evening are usually reviewed by your next morning. Our guide for Pakistanis in the USA covers the wider picture.