7 Tips to Ensure Your Money Will Stay Safe When Living Abroad
Starting anew in an exotic place can be just the exciting change you need. Expats agree that your new salary, cost of living, and changes in standards play a pivotal role in shaping such a life-changing experience. Handling finances in an unfamiliar environment can be intimidating. These seven tips will help you avoid common pitfalls...
How To Prepare Financially For Moving Abroad
There are many reasons for moving abroad. Perhaps you have landed a new job that requires you to be there physically? Or perhaps you want a better life for your family, are looking for an adventure, or want to reduce your cost of living. No matter the reason, preparing financially before making the move is...
Survey Reveals a Complex and Evolving Landscape for American Expatriates
The latest survey results from Greenback Expat Tax Services reveal a complex and evolving landscape for American expatriates, as they face an array of regulatory and financial challenges. Notably, 1 in 5 US expats are contemplating or planning to renounce their US citizenship, and an alarming 42% are not dismissing this drastic measure. This data,...
Adapting To Life Abroad: How To Simplify Expense Tracking For Expats With Tech Solutions
For many people, the dream of living abroad can come with specific challenges, specifically when it comes to managing their finances. Adapting to a new country and its different cost of living requirements can be overwhelming, especially when trying to track expenses efficiently. Thankfully, the advent of new technology and software solutions can provide expatriates...
5 Things To Know Before Starting A Trucking Business
Being a truck owner-operator allows you to be your boss, earn more money, choose your loads, and decide when you want to take time off. It can also be an option when moving to a new country. However, this is not a job for everyone. There are several factors to consider before making the transition...
Expanding Your Business Abroad: How To Generate Quality Leads In The Expat Community
Expanding your business abroad can be a lucrative and exciting venture, opening up new markets and opportunities for growth. However, one of the challenges in this process is generating quality leads in the expat community. Expats are a diverse group, and their needs and preferences can differ significantly from the local population. In this article,...
Key Tax Facts For Current And Would-Be HMO Landlords
There are reported to be about half a million “HMOs” (ie houses in multiple occupation) in the UK. A rented property is considered an HMO if at least three tenants live in it and they make up more than one household, with shared toilet, bathroom and/or kitchen facilities. Written for Expat Network by GoSimpleTax Typically,...
Expat’s Guide To LLC Formation: Business Creation Simplified
Whether you are an American or an expat, you do not have to be living in the United States for you to form an LLC (Limited Liability Company). This should be good news for you as an expat if you understand the advantages LLCs have over other business entities. So, what is an LLC and...
US Expats In Line For Potential Tax Windfall
The US Government’s Covid Stimulus initiative offers a tax silver lining to US Expats and Green Card Holders. Those with children could receive a double tax windfall in the form of Child Tax Credit. Tax returns need to be filed by June 15th to take advantage of financial benefits. UK-based US citizens and green card...
How To Plan And Set Up A Business In A Foreign Country
Are you considering setting up a business abroad? Do you need help with the steps required for a successful launch? We’ve highlighted effective strategies to help you plan and set up a business in a foreign country. You can find the essential information you need to know to create a solid foundation for your international...
How To Stay Safe While Trading Online?
Trading online is one of the most popular side hustles among the masses. Individuals of all ages and ethnicities actively participate in trading in an attempt to make as much money as they can. Online trading platforms or brokers are the medium most people acquire when they initiate trading. People, ranging from retail investors to...
Psychology Of Finances: Management Impact On Your Success As An Expat
Did you know that your behavior with money has a great impact on your money’s success? There is a reason behind what you do with your money – the financial decisions that you make. These reasons stem from your beliefs or attitudes that are influenced by social, cultural, emotional, and cognitive factors. That is what...