Over There!

Anyone planning on doing this?

Investment Views

From the Financial Planning.

Living abroad seems like an inexpensive option for some prospective retirees, and even some younger people who are not tied by a job to a specific location. 

But there are a number of issues that need to be considered before buying a ticket and pulling up stakes.  Without getting into details, here are the items that should be researched:

  • Tax Issues – first consult a tax lawyer. and see what the taxes will be and to whom you will pay them.
  • Health Insurance – no one living permanently outside the US can receive Medicare benefits.
  • Working Abroad – if you’re going to be running a small business abroad, be sure to know what the taxes, labor regulations and wage scales are.
  • Social Networking – it may be difficult to create a circle of friends in a new country unless you build a social network before you…

View original post 1 more word

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: