Assume that this is not a wannabee, but someone who, for example, already has a solid job offer from an EU country, and some cash for the relocation.
Assume that this is not a wannabee, but someone who, for example, already has a solid job offer from an EU country, and some cash for the relocation.
it’s much easier than you think it’s going to be and is practically all upside.
I’ve been an expat for a decade and a half.
the other commenters seem to be offering incorrect theories, and I’ll fact-check those
If you have a company offering you a job, they’ll be sponsoring your work visa.
If you want to open a bank account in europe, you’ll be able to with your work visa.
you will not be “on the hook” for US taxes if you are permanently relocating, living outside of the US for more than 330 days per year means that you still have to file US tax paperwork, but you don’t have to pay $125,000 USD of earned income per year.
as for American chocolate? its maybe the worst chocolate in the world. Americans have terrible chocolate.
American chocolate is to real chocolate what American cheese is to real cheese. an ersatz barnyard embarrassment.
there are no American goods you’ll want that you can’t get or find a substitute for abroad, Im half convinced that comment is satire for using American chocolate as an example.
If you have any specific questions, go ahead and ask.
Good luck! whatever the deal is, moving out of that country is the right thing to do right now.
For finding a work visa, is there something like a visa coach? Or like recruiter that specializes in expats? I’ve had a hard time finding jobs that will accept visas and I really dislike America.
So I have a bit of a unique case… I’m a researcher, and academia is kind-of known for hiring people across the world & are very willing to sponsor visas as long as someone has a PhD. I genuinely wouldn’t have been able to find a regular job in EU, and that is not even considering the language barriers… I’d love to know this topic better as well.
there aren’t specific Visa coaches or recruiters that specialize in expats Independent of companies, although a lot of companies are looking for expats.
but that’s kind of looking at it backwards if you really dislike America.
I really disliked America 15 years ago and so I bounced.
it was a very good decision.
you can either teach English online or in person in the country you move to, which is very easy, or you can get any remote job that pays you $500 a month or more and you can at least get out of the states while you figure out if you want more money or what you’re really looking for.
If you have any questions, ask me, I am a font of digital nomad knowledge and love to share
LOL, you got me! The chocolate thing is pretty much satire. Totally forgot about the fake cheese though. That would have been even better. I don’t know if anyone actually eats chocolate or cheese to cure homesickness. I suppose some of the other products might be more appropriate. People can have memories attached to all sorts of weird things, so I guess technically any food could be applicable.
However, the thing about prices is entirely factual, at least in my area. Everything in there is so expensive, that you would have to be really curious or desperate to try them out.
hahah! That’s so funny, as soon as I read “homesick for american chocolate”, I was like something’s not right here.
The food thing is BS. There’s a lot of stuff you won’t be able to buy, even just turn to proximity to other countries.
Good luck finding proper Mexican or Jamaican food, even southern BBQ in most parts of the world.
Not a reason to not do it, but I think you’re looking through rose coloured glasses there and I’m not even a yank.
“The food thing is BS”
are you replying to someone else? I didn’t talk about being able to find food, so I’m not sure what you’re referring to.
“There’s a lot of stuff you won’t be able to buy,”
that’s absurd. go ahead and give me an example of things you can’t buy in Europe that is available in the Americas.
also, since you brought up food, I should mention that you are completely wrong again.
like you couldn’t be more wrong.
especially with Mexican and Jamaican, two extremely popular cuisines.
there are immigrants everywhere, and you can find “proper”(false category anyway) mexican and jamaican food throughout Europe.
You’re obviously not a traveler, and are talking out your elbow, so sit this one out.
Why don’t you, I mean, I know it’s gonna be hard for you but, eat food from other countries or local food?
If I have a remote job in the US but also have dual citizenship with the country I’m moving to do I still have to pay taxes on that income or does my employer have to do anything for my move.
This is a complicated tax situation. Taxes on salary tend to be based on place of employment. So if you’re working for a US company you’ll need to look into what tax treaties your country of residence has with the US, because your US employer will likely have to withhold taxes and provide a W2. Your host country will ask that you report your income. If the treaty allows, you can claim tax paid in the US as a credit. The reverse is often true in these treaties.
This will often have consequences with things like pensions, Holiday pay, etc… For example, if your country has a lot of mandated vacation you may either not have that benefit, or your company will have to conform to the country’s rules which could cause friction, especially with American companies.
Yeah the company I work for is unlimited pto and it’s the UK so i can deduct my UK tax from my usa tax. The weird part of not having an uk income. But die to having dual citizenship i don’t need to show an income for immigration.
Cool! Just file your tax extension by april 15 if the automatic 2 month extension is even slightly inconvenient or pushing the UK’s tax return provision date… It’s no questions asked and gives you until October.
The FBAR is also super easy if not slightly tedious depending on your foreign banking situation’s complexity.
you 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.
If you are outside of the US for more than 330 days out of the year, you don’t pay earned income tax on the first $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.
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.
not for what I’m talking about.
as I said, check the country, but double taxation specifically shouldn’t be a concern 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.
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.