I will have to learn more about working out of USA in general I guess. For example, if yo make less than $106,000 overseas, you don't have to pay USA income tax on that... So what happens if you make $106,001 ?? Do you pay taxes on the $1 or the whole thing??? And I read conflicting stories about opening bank accounts in Thailand and other parts of Asia - some require you to have work-visa's, others don't - or sometimes don't.. If you didn't have an account at a local bank, then you're going to get hit with huge fees every time you use an ATM or try to get some local money.
All very good questions. When I was living and working in England, I had a work permit - I was an American working for an English company. It was easy enough to get an English bank account - all I had to do was to show them my work permit and prove that I had a job, but when it came to getting a credit card - well, if Andy hadn't vouched for me, it would have been difficult.
Regarding the taxes - Although I am not an accountant, I would suspect that if you make $106,001, you only pay taxes on the $1.
Previous
Next
Reply
View the map of this thread
View the map of this thread starting from this message only
View all messages of this thread
View all messages of this thread starting from this message only