Comment on What are some of the things someone permanently relocating away from the US should be aware of?
Varyk@sh.itjust.works 4 days agoyou always have to file taxes if you are a US citizen, you rarely have to file taxes as a digital nomad in other countries, but you’d have to check depending on the country.
the taxes you pay in one country will offset the taxes you pay in the other, so you won’t be paying double taxes and you can choose the more favorable tax home for you.
and If you are outside of the US for more than 330 days out of the year, you don’t pay earned income tax on $125,000(they update the number annually),
your employer in the US doesn’t have to do anything with the country you’re moving to.
untorquer@lemmy.world 3 days ago
All of this really depends on the tax treaty the host country has with the US, if it has one. If there is none, or the treaty doesn’t credit in this way, you could be double taxed.
Varyk@sh.itjust.works 3 days ago
as I said, check the country, but, that’s not really a practical issue since not being double taxed is part of the US tax code and most country’s tax codes.
every country, in fact, that I’m aware of.
untorquer@lemmy.world 3 days ago
Yeah i guess my point is not to make assumptions here. Originally i wasn’t thinking EU specific. It can just get sticky if you live in eu and have a job based in US.
Varyk@sh.itjust.works 2 days ago
all the advice I’m giving is from specific knowledge and experience, not assumptions, as I mentioned above.
The very fact that you commented on my experience without asking questions or requesting clarifications for what you didn’t understand means that you making incorrect assumptions and drawing false conclusions about my experience, which yes, you should be careful of.