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re: Overseas Employment Opportunity

Posted on 4/20/17 at 9:28 am to
Posted by Spirit of Dunson
Member since Mar 2007
23111 posts
Posted on 4/20/17 at 9:28 am to
quote:

but you are eligible to either exclude your foreign income up to a certain point
That is form 1116 - the foreign income tax credit. I don't know the percentages or limits, though.
quote:

Our company has an International Retirement fund that would mimic a 401k as far as contributions and company match but it's not offered to US citizens so I'm SOL there.
That sucks.
quote:

longer term (3-5 years) and puts me on a local contract
That sucks.
I'm here for ~5-6 years and have a delegate contract which is pretty typical from what I gather from delegates with other companies. Are you moving to Germany? Do you have a family? Will the project eat up all of your time?
Posted by Big Saint
Houston
Member since May 2009
1453 posts
Posted on 4/20/17 at 9:40 am to
Yes I'd be required to move to Germany. It's just the wife and I. No kids yet but we'd be bringing our two dogs.

It being a local contract means I get all the same peeks as other Germans... 30 days vacation, 35 hour work weeks so the project won't take up all my time at all. There's be some travel involved eventually which I'm fine with.
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