Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Just be aware that the money she earns does not go to Social Security. Even though, if she stays longer than a year, she won't have to pay US taxes, and it sounds sweet, it might bite her in the butt later financially.
Also, make damned sure about things like health insurance before you go.
Even though, if she stays longer than a year, she won't have to pay US taxes.
Are you thinking of the "foreign income exclusion"? As US citizens, we have to pay the IRS no matter where we live on Earth (and probably on Mars too, once Elon Musk finds a way to get us there). It's just that a big chunk of the income earned while overseas is not taxed; for 2018, the first $104,100 is tax-free. I worked overseas for a few years when the foreign income exclusion was only $85K or so.
Location: We_tside PNW (Columbia Gorge) / CO / SA TX / Thailand
34,705 posts, read 58,022,681 times
Reputation: 46172
Quote:
Originally Posted by jambo101
She went on a two month tour of Asia a couple of years ago,she fell in love with the place and dreams of returning.
@ age 28 her days of dreaming are coming to a close.
Help her out! (of the USA)
What a PERFECT time in life to do so!
2020 will be a good yr to be GONE from USA...
(Have her try a few more Asian countries while she is nearby) She can always head to the nearby North Marianas (US Protectorate) or Guam if she needs to 're-up' her USA status.
Are you thinking of the "foreign income exclusion"? As US citizens, we have to pay the IRS no matter where we live on Earth (and probably on Mars too, once Elon Musk finds a way to get us there). It's just that a big chunk of the income earned while overseas is not taxed; for 2018, the first $104,100 is tax-free. I worked overseas for a few years when the foreign income exclusion was only $85K or so.
Ah, yes, well, please get back in touch with me once she starts earning more than $104,100 as an ESL teacher abroad. We can go over her taxes again.
South Korea offers a working holiday visa for US citizens under 30 years old. I cannot vouch for the accuracy of this website but here are some details. They also say Singapore offers one as well.
Location: We_tside PNW (Columbia Gorge) / CO / SA TX / Thailand
34,705 posts, read 58,022,681 times
Reputation: 46172
Quote:
Originally Posted by projectmaximus
South Korea offers a working holiday visa for US citizens under 30 years old. I cannot vouch for the accuracy of this website but here are some details. They also say Singapore offers one as well.
Great, innovative countries with potential for career options (international business / trade).
A kid of a friend went to Thailand for ESL, then Indonesia, Japan, China, Australia, Korea. Landed a great job in Global Trade (based in Singapore). The company paid for further edu. Been a great 20+ yrs living and working away from the USA, and making business investments and having business partners from around the world.
International jobs, opens doors and minds.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
We can go over her taxes again.
