160. Solo Travel, Expat Life, and Doing Sh*t That Scares You with Kacie Rose Burns
Jun 4, 2024
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Join travel content creator Kacie Rose Burns as she shares her journey from performer in New York to expat in Florence, Italy. Topics include financial prep for moving abroad, resilience in handling online hate, and her book 'You Deserve Good Gelato' encouraging readers to conquer fears and embrace failure.
Embracing solo travel and expat life can lead to transformative personal growth and overcoming fears.
Living abroad exposes individuals to diverse customs and perspectives, emphasizing the importance of balance and well-being over work.
Financial planning, savings, and fiscal prudence are vital for a successful transition to expat life and entrepreneurship.
Understanding international tax laws and seeking professional advice are essential for managing dual residency tax obligations as an expat.
Deep dives
The Importance of Balancing Old and New Life
It's crucial to balance mourning the old life while embracing the new one. Both emotions can coexist, allowing for adaptation and growth. Transitioning into a new chapter involves navigating homesickness while appreciating the beauty of cultural differences and personal growth that come with change.
Personal Growth Through Cultural Adaptation
Living abroad exposes individuals to diverse customs and perspectives, fostering personal development and challenging ingrained beliefs. Cultural shocks, such as Italy's emphasis on rest and family, highlight the value of balance and well-being over relentless work, offering profound lessons in embracing life's simple joys.
Financial Preparations for Moving Abroad
Moving abroad requires careful financial planning, including setting aside savings for visa application, tuition, and living expenses. Segregating funds for unexpected costs like healthcare emergencies is essential. Initial job transitions, online teaching gigs, and eventual entrepreneurial pursuits demand fiscal prudence and resilience during the adjustment period.
Navigating Tax Obligations in Dual Residency Situations
Grasping international tax laws and the complexities of dual residency tax obligations is vital for expats. Seeking guidance from tax professionals and legal advisors to manage double taxation issues ensures compliance with regulations and minimizes financial burdens. Establishing a sound financial strategy with expert support aids in navigating cross-border tax challenges effectively.
Navigating Tax Obligations as a US Citizen Living Abroad
Living abroad as a US citizen raises tax concerns as renouncing citizenship is the only way to avoid US taxes, albeit an expensive and intensive process. A tax treaty between Italy and the US allows for tax credits to avoid double taxation, helpful for those earning under a certain threshold. Managing businesses in multiple countries requires legal coordination to ensure compliance.
Challenges of Online Public Persona
Online visibility brings tough challenges, especially for public figures like dancers turned content creators. Dealing with constant judgment and criticism requires developing resilience in the face of mean comments and unsolicited opinions. Rejecting the people-pleaser mentality is crucial for maintaining authenticity and confidence amidst online scrutiny.
Struggles and Lessons Learned from Online Criticism
Experiencing online hate, xenophobia, and cyberbullying can deeply impact mental health and confidence. Accepting that not everyone will like you or agree with your choices is a harsh but pivotal realization. Responding to unwarranted negativity by understanding that it reflects others' issues, not your worth, enables moving forward positively and maintaining boundaries for mental well-being.
In this captivating episode of the Financial Feminist podcast, Tori Dunlap welcomes the inspiring travel content creator and author, Kacie Rose Burns. Join us as Kacie shares her incredible journey from being a professional performer in New York to becoming an expat living in Florence, Italy. Her story is a testament to the transformative power of solo travel and embracing the unknown. Kacie’s experiences highlight the unique challenges and immense rewards of moving abroad, navigating cultural differences, and finding financial independence. If you've ever dreamed of living overseas or simply want to take back the power in your own life, this episode is a must-listen.
Tori and Kacie delve into the nitty-gritty details of expat life, including the financial preparations needed to make such a significant move, the emotional rollercoaster of homesickness, and the resilience required to handle online hate as a public figure. Kacie also gives us a sneak peek into her new book, "You Deserve Good Gelato," which encourages readers to travel the world, embrace failure, and conquer their fears. Don't miss out on this enlightening conversation that promises to inspire and motivate you to step out of your comfort zone and explore the world with confidence.
