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re: New Job In Saudi Arabia
Posted on 6/10/19 at 4:45 pm to wfallstiger
Posted on 6/10/19 at 4:45 pm to wfallstiger
quote:
Our son was in Doha, Qatar
I know someone who moved his family with him there for a four year assignment. He really liked it and stayed for two extra years and kept the family there.
They got to take some nice vacations all over Europe and the kids went to a great school.
2
Posted on 6/10/19 at 4:45 pm to Keltic Tiger
Saudi is one of the least desirable places to work as a live in expat. There are limited things to do for the ex-pat and with a family it becomes much worse. If it's based in Riyadh you can drive over to Bahrain to escape KSA but I'm told that drive gets old in a hurry.
As mentioned previously you must be physically outside the US for 330 days to be eligible for the tax break. The number may have changed in the year I've been back but I believe it is only the first $90k is tax free and any income above that is taxed at the full rate.
The only way they can live fully tax free is if he negotiates for his company to pay hypo taxes which means they basically add additional income to your salary that they then use to pay your US taxes come tax time. It's important to make certain the hypo tax calculation is done correctly or he could still end up paying taxes. It's also important to know that all benefits the company provides such as a company car, an apartment/house, local taxes, etc are reported as income which will almost always place you in the highest tax bracket. It's typical in these situations for landlords to request 1 year of rent up front for a house/apartment which can also really mess up your taxes.
In my experience you need to plan on being in the assignment for at least 3 years to see the tax free benefits.
As mentioned previously you must be physically outside the US for 330 days to be eligible for the tax break. The number may have changed in the year I've been back but I believe it is only the first $90k is tax free and any income above that is taxed at the full rate.
The only way they can live fully tax free is if he negotiates for his company to pay hypo taxes which means they basically add additional income to your salary that they then use to pay your US taxes come tax time. It's important to make certain the hypo tax calculation is done correctly or he could still end up paying taxes. It's also important to know that all benefits the company provides such as a company car, an apartment/house, local taxes, etc are reported as income which will almost always place you in the highest tax bracket. It's typical in these situations for landlords to request 1 year of rent up front for a house/apartment which can also really mess up your taxes.
In my experience you need to plan on being in the assignment for at least 3 years to see the tax free benefits.
This post was edited on 6/10/19 at 5:36 pm
Posted on 6/10/19 at 4:49 pm to notiger1997
Doha, Dubai, Abu Dhabi, or Oman would all be no brainers for me, if it was for a 1-3 year assignment.
Posted on 6/10/19 at 4:53 pm to Keys Open Doors
One thing to specify is that while he has to be out of the US for 330 days a year, he certainly doesn’t need to be in Saudi Arabia for 330 days.
Posted on 6/10/19 at 4:58 pm to notiger1997
Believe he would still be there if his family was with him
Posted on 6/10/19 at 5:04 pm to Keltic Tiger
Go for it. Dont let the haters and over reactionists on here tell you what will happen to him.
99% here are too 'tarded to be offered an opportunity to work overseas.
99% here are too 'tarded to be offered an opportunity to work overseas.
Posted on 6/10/19 at 5:15 pm to Keltic Tiger
How much money are we talking? If it’s 500k plus I’d consider it.
Posted on 6/10/19 at 5:15 pm to JDPndahizzy
quote:& have your lawyer do it also.
Tell him to read the fine print
Saudi isn't Iran but it's still the ME. Sketch city compared to here
This post was edited on 6/10/19 at 5:16 pm
Posted on 6/10/19 at 5:21 pm to Dellybelly82
quote:
How much money are we talking? If it’s 500k plus I’d consider it.
If it's only 300k he should go with no regrets. It's more money than he can make here. He can work there for 5 years and he can come back and greet at Wal Mart if he would like. It would be stupid not to go.
Posted on 6/10/19 at 5:23 pm to saintsfan1977
What are expenses like for the guys working O&G in the ME? I have no idea? Do they get free food and housing?
Posted on 6/10/19 at 5:25 pm to saintsfan1977
quote:no way I’d go for that, you can make 200k on a pipeline here.
it's only 300k he should go with no regrets.
Posted on 6/10/19 at 5:26 pm to baldona
Food overseas is cheap. He won't be living in a palace. He will still be making alot more than he can make here. He should already be in the plane.
Posted on 6/10/19 at 5:27 pm to Keltic Tiger
1 - its not tax free, thats a lie, he will be charged taxes on that income just like he earned it here plus penalties for the interest that would have acrued had he paid it as he earned it.
2 - how much is it worth to risk getting your head chopped off and your wife raped just for being americans. dont be fooled by the great pay, its hazard pay and the risk is greater then the rewards they give you.
if he has armed guards everywhere he and his wife go and they live in gated community with military security around them and never leave the house they could do ok and come home alive.
this isnt the same world as 30 years ago when working overseas was just dangerous and you had to be careful. the world today its like walking into a war zone without a gun
2 - how much is it worth to risk getting your head chopped off and your wife raped just for being americans. dont be fooled by the great pay, its hazard pay and the risk is greater then the rewards they give you.
if he has armed guards everywhere he and his wife go and they live in gated community with military security around them and never leave the house they could do ok and come home alive.
this isnt the same world as 30 years ago when working overseas was just dangerous and you had to be careful. the world today its like walking into a war zone without a gun
Posted on 6/10/19 at 5:28 pm to saintsfan1977
quote:
He will still be making alot more than he can make here. He should already be in the plane.
If he's an O&G manager he can easily make $100k and probably double that if he wants to pick a shite location in the USA. To go live overseas away from your family and in a possibly dangerous situation? There's a reason they have to pay extra well.
Posted on 6/10/19 at 5:33 pm to Dead Man Walking
quote:
Derek hand?
Posted on 6/10/19 at 5:36 pm to keakar
The first 104K is tax free. The rest will he laid at the federal rate although as Red Stick mentioned, benefits like free housing will count in the income.
As for “getting your head chopped off and having your wife raped”, how many people do you actually think this happens to? Whenever an American is imprisoned in a country like Saudi Arabia or even the UAE, it immediately becomes a national news story. I have never heard of one US citizen being executed in Saudi Arabia. I’m sure someone will find a story from a decade ago of an Arab-American involved in a political protest being executed or imprisoned or something, but come on, that’s not a real threat.
The far more likely cons are he will be bored out of his mind, his wife will be bored out of her mind, the kids will not like the international school, the distance from family be a pain, or the guy will miss living away from his wife and kids (if that’s the route they want to go).
As for “getting your head chopped off and having your wife raped”, how many people do you actually think this happens to? Whenever an American is imprisoned in a country like Saudi Arabia or even the UAE, it immediately becomes a national news story. I have never heard of one US citizen being executed in Saudi Arabia. I’m sure someone will find a story from a decade ago of an Arab-American involved in a political protest being executed or imprisoned or something, but come on, that’s not a real threat.
The far more likely cons are he will be bored out of his mind, his wife will be bored out of her mind, the kids will not like the international school, the distance from family be a pain, or the guy will miss living away from his wife and kids (if that’s the route they want to go).
This post was edited on 6/10/19 at 5:37 pm
Posted on 6/10/19 at 5:41 pm to Keltic Tiger
I worked in Saudi Arabia for my company for 3 1/2 months. If I was told I had to go back for 2-3 years, I would accept without blinking an eye.
The people were great. It's a little different for women because they have to cover up.
The people were great. It's a little different for women because they have to cover up.
Posted on 6/10/19 at 5:41 pm to Keys Open Doors
quote:
The far more likely cons are he will be bored out of his mind, his wife will be bored out of her mind, the kids will not like the international school, the distance from family be a pain, or the guy will miss living away from his wife and kids (if that’s the route they want to go).
This is what my biggest worry would be taking a family to KSA. I did a live in assignment with family in Angola in 2003-2006. I brought in a container with two new quads and a bunch of beach gear and we would go camping on the empty beaches south of Luanda almost every weekend. There's not much to do in KSA and like I mentioned, they would probably have to drive into Bahrain on the weekends for fun.
This post was edited on 6/10/19 at 5:42 pm
Posted on 6/10/19 at 5:41 pm to keakar
quote:
how much is it worth to risk getting your head chopped off and your wife raped just for being americans. dont be fooled by the great pay, its hazard pay and the risk is greater then the rewards they give you.
this isnt the same world as 30 years ago when working overseas was just dangerous and you had to be careful. the world today its like walking into a war zone without a gun
Complete BS. You probably never left your home town.
This post was edited on 6/10/19 at 5:44 pm
Posted on 6/10/19 at 5:42 pm to Keltic Tiger
Pros...he can become a millionaire in a few years
Cons...terrorism, sandstorms, only gets to see family 2 weeks per year, jerking is is probably his only option, jody will visit his wife
Cons...terrorism, sandstorms, only gets to see family 2 weeks per year, jerking is is probably his only option, jody will visit his wife
This post was edited on 6/10/19 at 5:44 pm
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