expat network
money will stay safe when living abroad

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...

American expatriates

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,...

expense tracking for expats

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...

Starting A Trucking Business

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

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,...

HMO landlord

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,...

LLC

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 Government’s Covid Stimulus initiative

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...

Set Up A Business In A Foreign Country

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...

Trading Online

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

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...