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re: Ever contemplated becoming an expat and moving to another country?

Posted on 3/5/18 at 11:49 am to
Posted by RougeDawg
Member since Jul 2016
7753 posts
Posted on 3/5/18 at 11:49 am to
I believe you have to still pay U.S. taxes if you live abroad unless you renounce your U.S. citizenship.
Posted by OchoDedos
Republic of Texas
Member since Oct 2014
40228 posts
Posted on 3/5/18 at 11:51 am to
Wife was offered a position with Caltex in Sydney years ago, and turned it down. Single handedly the biggest mistake we ever made.
Posted by LSURussian
Member since Feb 2005
135363 posts
Posted on 3/5/18 at 11:57 am to
I've lived for several months at a time in foreign countries for work.

Every time I returned to the U.S. just as the plane's wheels touched the ground on landing I always said out loud without any embarrassment, "God bless America!"
Posted by LordSaintly
Member since Dec 2005
43342 posts
Posted on 3/5/18 at 11:57 am to
Tanzania. Beautiful country with a large number of American expats.

I will probably never actually leave since I like college football and apple pie too much.
Posted by BoardReader
Arkansas
Member since Dec 2007
7414 posts
Posted on 3/5/18 at 12:02 pm to
Lived in Ireland for over five years.

Nothing will make you appreciate America more, than living abroad.
Posted by PurpleandGold Motown
Waltzing Between the Raindrops
Member since Oct 2007
24865 posts
Posted on 3/5/18 at 12:08 pm to
Nicaragua was my stomping grounds.

Costa Rica is expensive with too many tourists.

Honduras is not safe.
Posted by PurpleandGold Motown
Waltzing Between the Raindrops
Member since Oct 2007
24865 posts
Posted on 3/5/18 at 12:09 pm to
quote:


I believe you have to still pay U.S. taxes if you live abroad unless you renounce your U.S. citizenship.


Yup. One of two countries that require it.
Posted by TigerstuckinMS
Member since Nov 2005
33687 posts
Posted on 3/5/18 at 12:10 pm to
quote:

Ever contemplated becoming an expat and moving to another country?

You mean like Texas?
quote:

I believe you have to still pay U.S. taxes if you live abroad unless you renounce your U.S. citizenship.

Yes, but it's different. There are all kinds of rules where you might not have to pay the full amount of tax that you'd pay if you earned the same amount inside U.S. borders. My uncle did 10 years in Afghanistan and basically sold or transferred title to everything he owned in the U.S. before he left so he had nothing left here and only was able to leave Afghanistan for a certain number of days every year so that the IRS wouldn't gig him for the full tax burden. He basically had to forget about life in the U.S. and live like an Afghan while remaining a citizen of the U.S. The difference in taxation if he didn't follow all the IRS rules was on the order of tens of thousands of dollars a year. The whole point was to never work again when he came home, so he stuck to the rules and made sure he came home with every penny he could keep in his pockets for his time in that hellhole.
This post was edited on 3/5/18 at 12:33 pm
Posted by hob
Member since Dec 2017
2406 posts
Posted on 3/5/18 at 12:25 pm to


Posted by GumpInLex
Lexington, KY
Member since Nov 2011
1632 posts
Posted on 3/5/18 at 12:26 pm to
Cool, what part of Thailand?
Posted by Ben Hur
Baton Rouge, LA
Member since Feb 2013
1015 posts
Posted on 3/5/18 at 12:43 pm to
quote:

My buddy worked there for a few years. The luster wears off especially if you are raising kids.


Yea I wouldn't want to raise a child there, but would consider if I go the child-free route.

I keep in touch with a guy who was born and raised on St. Thomas. He moved to the U.S. for a job and was back in the islands within two years because he missed paradise. His social media inspires envy most days
Posted by Itismemc
LA
Member since Nov 2008
4794 posts
Posted on 3/5/18 at 12:56 pm to
I was planning on starting a farm in South Africa
Posted by AncientTiger
Mississippi- Louisiana - Destin
Member since Sep 2016
2104 posts
Posted on 3/5/18 at 1:13 pm to
Yes - Cuenca Ecuador. In 2015, I spent 30 days here. Loved the weather, Ecuador uses the US dollar & flights ( COPA ) are cheap through New Orleans.
Residency requirements are easy to obtain & cost of living is cheap.
Posted by nvcowboyfan
James Turner Street, Birmingham,UK
Member since Nov 2007
2994 posts
Posted on 3/5/18 at 1:13 pm to
Right now I am looking into moving to St. Kitts in the Caribbean, teaching at the medical school there and buying a place to qualify for the economic dual citizenship.
Posted by Jester
Baton Rouge
Member since Feb 2006
34717 posts
Posted on 3/5/18 at 1:19 pm to
I came close to moving to B.C. out of college.
Posted by Tigris
Cloud Cuckoo Land
Member since Jul 2005
13231 posts
Posted on 3/5/18 at 1:24 pm to
quote:

Yes - Cuenca Ecuador.


I've done research on Cuenca and may visit there to check it out. If I were to move anywhere overseas this would probably be it. It probably won't happen but it sounds like a cool place to visit regardless.
Posted by baldona
Florida
Member since Feb 2016
24485 posts
Posted on 3/5/18 at 1:37 pm to
quote:

Nothing will make you appreciate America more, than living abroad.


This. Sure I could live overseas for 6-12 months at a time, but I have kids now and a life and friends and everything else. A lot of things are great overseas when you are there for a short period of time.

But to actually become a citizen of somewhere else over the USA? That's laughable to me.

Now I certainly wish to retire young and travel all over for long lengths of time. But always coming back to home in the USA.
Posted by toosleaux
Stuck in Baton Rouge traffic
Member since Dec 2007
9497 posts
Posted on 3/5/18 at 1:38 pm to
quote:

Cool, what part of Thailand?


Songkhla
Posted by AUCE05
Member since Dec 2009
45425 posts
Posted on 3/5/18 at 1:40 pm to
No. Ill go down with the ship.
Posted by Keys Open Doors
In hiding with Tupac & XXXTentacion
Member since Dec 2008
33031 posts
Posted on 3/5/18 at 1:47 pm to
Were you doing an academic fellowship? I had one friend spend 12 weeks on a WHO grant in Geneva. Another person I know is doing 2 years somewhere else in Switzerland (can’t remember where).

Both really disliked the Swiss people in general.

I would like to check out Denmark, Switzerland, and Norway.
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