online profiles of current and former Concord employees.

Wall Street bankers and hedge fund managers who have interacted with Concord and its founder, Michael Matlin, said it oversaw between $4 billion and $8 billion.

It isn’t clear how much of that belongs to Mr. Abramovich, whose fortune is estimated at $13 billion.

Mr. Abramovich has not been placed under sanctions. His spokeswoman, Rola Brentlin, declined to comment on Concord.

Over the years, Concord has steered its clients’ money into marquee financial institutions: the global money manager BlackRock, the private equity firm Carlyle Group and a fund run by John Paulson, who famously anticipated the collapse of the U.S. housing market. Concord also invested with Bernard Madoff, who died in prison after being convicted of a vast Ponzi scheme.

panel focused on European security, requested that the U.S. government impose sanctions on Mr. Abramovich and seize the assets at Concord, “as this blood money presents a flight risk.”

The work performed by law, lobbying and public relations firms often plays out in public or is disclosed in legal or foreign agent filings, but that is rarely the case in the financial arena.

While Russian oligarchs make tabloid headlines for shelling out for extravagant superyachts and palatial homes, their bigger investments often occur out of public view, thanks to a largely invisible network of financial advisory firms like Concord.

Hedge fund managers and their advisers said they were starting to examine their investor lists to see if any clients were under sanctions. If so, their money needs to be segregated and disclosed to the Treasury Department.

Some hedge funds are also considering returning money to oligarchs who aren’t under sanctions, fearful that Russians might soon be targeted by U.S. and European authorities.

Paradise Papers project, involved the files of the Appleby law firm in Bermuda. At least four clients owned private jets through shell companies managed by Appleby.

When sanctions were imposed on companies and individuals linked to Mr. Putin in 2014, Appleby jettisoned clients it believed were affected.

The Russians found other Western firms, including Credit Suisse, to help fill the void.

Ben Freeman, who tracks foreign influence for the Quincy Institute for Responsible Statecraft, said Russians were likely to find new firms this time, too.

“There is that initial backlash, where these clients are too toxic,” Mr. Freeman said. “But when these lucrative contracts are out there, it gets to be too much for some people, and they can turn a blind eye to any atrocity.”

David Segal contributed reporting. Susan Beachy contributed research.

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What Digital Nomads Need to Know About Taxes Abroad

It’s risky. Employers need to know where their employees work in case their presence leads to corporate tax obligations abroad. The risk is higher when employees are bringing in revenue for companies, such as in sales positions, said David McKeegan, who co-founded Greenback Tax Services, an accounting firm for U.S. expatriates.

Still, many companies are operating on a “don’t ask, don’t tell” policy. A science writer in his 50s from California, who was granted anonymity because he did not want senior managers to know he had worked from Costa Rica for a few months, said his human resources department discouraged employees from working outside of California, but did not say anything explicit about working abroad. His setup from an Airbnb by the beach worked perfectly until he lost power because of a hurricane and had to work from a bar a few times. He used his company’s Zoom background, but colleagues started asking about where he was when they heard ocean waves and music. “At a restaurant,” he would tell them, without elaborating.

As more people work from abroad, it may be harder for companies to turn a blind eye. About 10.9 million Americans last year described themselves as digital nomads — people who work remotely and tend to travel from place to place — up from 7.3 million in 2019, according to MBO Partners, which provides services for self-employed workers.

“The tax system globally right now is not prepared for what the work force is going through,” Mr. McKeegan said. “I think at some point we’ll see a system where people are asked on the way in or out if they were working and countries will try and get some more tax revenue from this very mobile work force.”

Potentially. If you qualify for the Foreign Earned Income Exclusion, your first $108,700 is exempt from U.S. income tax. But keep in mind that this applies only if you’re a U.S. citizen who resides in a foreign country for more than 330 days within 12 consecutive months, not including time on planes, or if you are a bona fide resident of a foreign country. (You would still have to pay federal and state taxes on unearned income including interest, dividends and capital gains.)

It is important to track the number of days abroad to be able to prove to U.S. tax authorities that you were there.

Paige Brunton, 30, a Canadian website designer based in Hannover, Germany, learned about how complicated the tax rules are for expats the hard way: One year, she had to file tax returns in three countries. The situation was unavoidable, since she had lived and worked in Germany, Canada and the United States during that tax year, but her biggest advice for others who may have complicated situations is to get an accountant who specializes in international tax right away.

“Don’t congregate in Facebook groups and Google, it’ll really stress you out,” she said.

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The Caribbean Conundrum: United by Tourists, Divided by Covid

Then, in March, Aruba teamed up with JetBlue, which offers about 40 weekly flights from the United States to the island, to debut CommonPass, the world’s first digital vaccine passport. Those with the digital pass may take a virtually supervised at-home PCR test within three days of departure, upload results and cut through immigration lines. United’s Aruba flights from Newark and Houston also use the pass, with plans for additional routes in the near future.

“We wanted to create a way to make it easier on travelers and more efficient for our air travel partners,” said Shensly Tromp, director of development and technology at Aruba Airport Authority N.V., “without compromising the safeguards we have in place around health and safety.”

Vaccination information will be added to CommonPass as early as June.

Before the pandemic, almost three-quarters of the island’s gross domestic product and nearly 85 percent of jobs had been rooted in tourism, according to W.T.T.C. analysis. Now, with tourism up 53 percent from February to March, Dangui Oduber, the minister of tourism, public health and sport, noted a “continual uptick” since Aruba’s dual CommonPass and vaccine rollouts.

Aruba too is a world leader in vaccinations. As of mid-May, almost 57,500 Arubans were at least partially inoculated, with the island optimistically reaching herd immunity this summer, Mr. Oduber said.

Vaccines

Even when Americans were shut out of most of the world, the borders to the U.S. Virgin Islands never closed. Lured there with slogans like “Reconnect with Paradise” and the chance for anyone to get vaccinated, even before many could get a shot back home, visitors have recently crowded the American territory’s beaches and restaurants.

Hotel occupancy rates in the U.S.V.I. are almost triple that of the region and seven times that of the Bahamas, according to recent analysis by STR, a global hospitality data and analytics company.

Visitors are required to get tested but not to quarantine. With tourists swarming, the U.S.V.I. prioritized hospitality workers early in its vaccine rollout. So, in February Sandy Colasacco, a nurse practitioner who runs the Island Health and Wellness Center, a nonprofit clinic serving many of St. John’s uninsured population, reached out to most restaurants and hotels there to schedule appointments.

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