
A Year of Travel...and $17,000 in Tax Savings?
The Money with Katie Show
00:00
Financial Considerations and Tax Implications of Moving Abroad
Exploring the financial aspects of relocating to another country, this chapter delves into visa options, cost of living, and tax regimes in destinations like Portugal, France, Spain, and Italy. It analyzes the complexities of taxation for Americans in different countries, particularly focusing on retirement account implications and the impact of double taxation agreements. The discussion also includes insights on retirement savings systems, asset transfers, cost of living differences, and the challenges of repatriation after living abroad.
Transcript
Play full episode