A Year of Travel...and $17,000 in Tax Savings?

The Money with Katie Show

Money with Katie

Self-improvement, Education, Business, Investing, How To

4.8 • 1.3K Ratings

🗓️ 24 April 2024

⏱️ 72 minutes

🔗️ Recording | iTunes | RSS

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Summary

I’ve long entertained a logistically untenable fantasy of picking up and moving my life to Copenhagen for a season. Today, we explore what it takes to make a temporary or permanent international move. We have two guests, CPA Katelynn Minott of Bright!Tax as well as Chartered Wealth Manager Alex Ingrim of Chase Buchanan USA, who walk us through taxes, retirement accounts, cultural, and ethical considerations of living abroad. Transcripts, show notes, production credits, and more can be found at: https://moneywithkatie.com/living-abroad Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Despite all my talk of being a raging Nordefile, which is a word that I'm unsure if I'm making it up right now or not,
0:11.0	with a passion that is exceeded in strength
0:15.0	only by the length of my Scandinavia Instagram highlight
0:20.0	I'm not sure if I could ever permanently move to another country.
0:24.4	Say what you want, but I have been U.S. of A pilled,
0:28.0	and for all of my shit talking, the U.S. has pleasures that the European mind cannot comprehend.
0:34.0	Monster trucks, the Las Vegas Fear dressed up like a basketball.
0:41.0	Durrinos Locos Tocos with Baja Blast Mountain Dew, I mean, come on.
0:45.0	Creed performing at the Super Bowl halftime show, Ranch Dressing?
0:50.0	Oh, through the night.
0:55.0	That a flag was still there.
1:00.0	Oh, say. On second thought, maybe I could move abroad.
1:07.0	On second thought, maybe I could move abroad. Welcome back to the Money with Katie's Show, Rich Girls and Boys. Today we are talking
1:19.8	about skipping town and why the federal government might just pay you to do it.
1:24.7	If you're not ready to ship off to another country for good,
1:28.2	will also hit you with the next best option today,
1:31.6	spending the better part of a year abroad.
1:34.8	And my apologies now to our non-U.S. listeners, this episode is just crawling with my home
1:40.5	country bias. I have two guests today to help me do this, both of whom hold
1:51.0	the credentials that I lack but make up for with Fergie references.
1:56.0	My name is Caitlin Minot. I am a CPA. I'm the CEO at Bright Tax.
2:01.0	And we offer U.S. tax services to Americans with international circumstances,
	...

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