Moving abroad doesn’t mean you can forget taxes—far from it. Here’s what every future expat should understand about taxation across borders. 1. Do You Still Owe U.S. Taxes? If you’re American, the answer is yes. The U.S. taxes citizens on worldwide income—even if you live in Bali. 2. Foreign Earned Income Exclusion (FEIE) You may exclude up to ~$120,000 (2025 estimate) of foreign earned income from U.S. tax—but you must qualify via the Physical Presence or Bona Fide Residency Test. 3. Foreign Tax Credit (FTC) If you pay taxes abroad, you might avoid double taxation by claiming a credit on your U.S. return. 4. Totalization Agreements To prevent double social…

Thinking of relocating to another country? Whether it’s for a better quality of life, retirement, remote work, or a new adventure, these essential tips will help you plan your international move with confidence and clarity. 1. Research Extensively Understand the country’s culture, laws, cost of living, visa options, safety, and healthcare system. Use expat forums, government websites, and relocation guides. 2. Visit First, If Possible A scouting trip can reveal realities that online research misses—like local infrastructure, expat presence, and the neighborhood vibe. 3. Choose the Right Visa Whether it’s a digital nomad visa, retirement visa, or work permit, each country has different rules. Don’t assume what works in one…

Moving abroad isn’t just about palm trees and cheap rent. Choosing the wrong country can lead to residency headaches, culture fatigue, or financial surprises. In this post, we cover the top 5 traps — like chasing Instagram hotspots, ignoring visa realities, or falling for “too good to be true” deals — and how to sidestep them like a seasoned expat. Thinking of relocating? Download our free Starter Guide and avoid rookie mistakes from day one. 2. Renting vs. Buying Property Abroad: What You Need to Know “Should I rent first… or go all in and buy?” It’s a top question for anyone relocating. We’ll break down real numbers, red flags…