How Not To Pay Taxes (How to not pay Trump to golf)

Two things Americans don’t like:

  1. Paying taxes.
  2. Watching their President play so much golf.

Well, sadly, as an American you must pay taxes.
Correction: you must report that you have income.

The good news is, as an American, you only need to file. You don’t usually have to pay anything. And for most expats (people living abroad), you very likely won’t pay a dime to the US. But you still must file.

As an American living abroad, you file every year about your income, your bank accounts, any foreign loans (e.g. mortgage) …and your paid taxes. This is the pain in the ass part of living abroad.

For the good news when living abroad, your income is tax exempt. Yes, you read that right. When you file your taxes, you include filing a form 2555, or the “Foreign Earned Income Exclusion” form. It’s not a difficult form, but it’s a very important one. Very important to you, if you don’t like paying taxes.

Why Not Pay Taxes?

Why not pay taxes? Because it goes to Trump’s pocket. Want to know how you don’t pay Trump and his family for his golf trips? Read on.

You probably know this already (unless you only watch Fox News). But Trump plays a lot of golf. And he, all the security people, the whole entourage, guests, etc… pay to be there. Who pays for everyone? Taxpayers do. (That’s you.) Trump is President now, so he’s paid for by the people.

Where does the money go? Who owns each and every golf course and resort? Trump and his family.

Sorry if this is too much hand-holding. It is simple and straight-forward.

How to Stop Paying Trump to Golf?

Move abroad.

Enjoy more in life. Live in a new culture. Eat your favorite “foreign” food. Even learn a new language. Raise your kids in a fairer, smarter school system. All these benefits, if you can just get past the one step, the one mental hurdle – move abroad.

Once abroad, you’ll earn your income as always. And you’ll file and pay taxes there. You’ll also file taxes in the US, but you won’t pay anything.

The home country will make better use of your tax dollars (euros, yen, dinars). And your kids will be much better off for it. Think of how differently your children will see the world, if they experience it first-hand, rather than read only how others see the US in the news.

 

No Climate Pact? Time to Leave

Need a reason to leave the US?

Reason #101: Climate Change

“President” Trump today pulled the US out of the Paris climate accord.

It’s astonishing, even for Trump. Essentially every citizen, business and leader in the world (yes, including the USA) believes saving the planet is a good idea. Not Trump.

Sadly, Trump, the orange man-baby that he is, continues to appeal to his redneck base. The sad little man has become even more isolated, more unstable and more orange since leaving the G-7 summit last week. While in Europe, the real leaders pressed Trump hard for an answer about the US’s commitment to reversing climate change.  Unsurprisingly, Trump didn’t have the courage to give his answer then. He waited until back home. His answer: to join Syria, as the only country who doesn’t believe in the climate accord. There are 195 countries who are committed, with or without the US.

Trump Gives Another Reason to Leave, and Live Anywhere Else

Just about anywhere else you want to go, people shake their heads at Trump. He’s insanely naive, uneducated, allegedly unable to read, cowardly, and deeply dependent on praise. Yet, he continues to embarrass his fellow citizens, while the world continues to laugh at him. And while you continue to live there, people are essentially laughing at you. It’s time to make up your mind to act. Either stand up against him, or find a country that fits you and your family.

Trump Quits Climate Pact
Trump: “Don’t laugh at me!” — Too late.

Don’t Laugh – You Can Leave

I was just reading an article about a woman who is being jailed, for laughing. Crazy? Apparently, not if you laughed at the wrong person.

A lady laughed out loud at the confirmation hearing for Attorney General Jeff Sessions. The lady laughed right after a statement how Sessions “treating all Americans equally under the law is clear and well documented.” She just got sentenced to a year in jail. Read the original source article here.

protesters at jeff sessions confirmation
— No Laughing Allowed —

Oh, but don’t you worry — it couldn’t happen to you…right?

Please, if you tend to spontaneously giggle, you might weigh the added risk and decide to live abroad for a few years.

Bigly

The Fifth Box: The Moving Box. Exercise Your Rights

Here’s a popular quote among gun owners & 2nd Amendment activists:

There are four boxes to be used in the defense of liberty: soap, ballot, jury and ammo. Please use in that order.source

I just discovered this quote not 10 minutes ago. For me, it’s got a magical touch, rattling off four items, related only in being boxes. But the message is powerful. But then I asked where am I? Where is Expat Yourself’s place in that series? Answer: it isn’t.

My answer isn’t in these four boxes, so I’m adding the fifth box: the Moving Box.

time to pack

For me, my answer is choosing not to dig in and defend, but to pack up and push on. Perhaps to others, it’s the ‘easy way’ out, even unpatriotic. But it’s a choice I’ll defend to any who question it. What’s your choice?

 

Best Destination for a UK Expat

 

There are many reasons for wanting to up-sticks and leave the UK, better weather, a new job, a fresh start or perhaps economic uncertainty surrounding Brexit. Whatever it might be, your new home needs to be somewhere that makes your life better whether you’re going it alone or taking your family too. So, as experts in this area, we put our collective heads together and did the research using information from reputable intergovernmental organisations such as the UN, World Bank and OCED, to name a few, to give us the most accurate findings and help see which nations are indeed the best for those looking to make the move and become expats.

What we Did

In order to find the best list of destinations, we had to decide on a data set. This covered a variety of different variables and aspects that could affect the day-to-day living of the typical expatriate and to explore what can really lead to an improved quality of life.

We felt that a full assessment of popular nations around the world was the best way to go about this; so, we selected 18 countries from around the world, those you’d typically associate with UK expats such as: Spain, Australia and the USA, as well as other locations like Mexico, Brazil and India.

We looked at 11 different data sets in total for the 18 countries, including: GDP per capita, income tax levels, average net incomes, real wages, education ranking, property price to income ratio, crime and unemployment levels, healthcare efficiency, food costs and English proficiency, which measures the level of written and spoken English in each given country. These stats gave us strong indications on a wide range of factors that affect quality of life such as how much disposable income you’d have but also how good social provisions are abroad.

After gathering the data, we then got down into the nitty-gritty of analysing all the stats and seeing which countries stood out and in which areas they performed strongest. We took what we found and compared it against the UK to see what the similarities and differences are between our nation and those overseas, to ultimately find the ideal location for potential UK expats to relocate to, by showing in which areas particular countries would offer a better quality of life than what is experienced in the UK.

Finally, with a combination of these numbers and figures and our thorough research from sources including the OECD, United Nations, World Bank, Bloomberg and more, we ranked the data by the most favourable results to get an overall table. We found some rather interesting outcomes, which show just which country is ideal for prospective UK expats, based on the socioeconomic factors we examined.

What we Uncovered

Before we reveal which country hit the top spot, some of the wider notable information we discovered includes how:

The USA has the lowest property price to income ratio, making US real estate much more affordable than that of the UK, which has one the highest ratios.

India’s food is the cheapest, it has the lowest cost of food per head in the average weekly shop throughout the 18 other nations, which equates to £86.62* for a family of four, compared to £174.74 in the UK

Singapore has the most efficient healthcare and the best education, meaning less waiting times and higher grades than in UK schools

Norway has the highest GDP per capita and the highest level of English proficiency out of the countries which don’t list English as an official language, with 68% of the population able to effectively read, write and hold a conversation in English

Ireland overall shares the most similarities to the UK, with similar income, temperature, healthcare and education rankings

The Results

Overall, Singapore was found to be the best option for UK expats, with the lowest crime rankings and most efficient healthcare. In last place was India, with low income and high crime.

  1. Singapore
  2. Canada
  3. Australia
  4. United Arab Emirates
  5. USA
  6. Norway
  7. Ireland
  8. Germany
  9. New Zealand
  10. Japan
  11. France
  12. Spain
  13. Russia
  14. China
  15. Brazil
  16. South Africa
  17. India

Note from Jeff: This is a guest post from Jim Limerick of 1st Move International, an international removals company based in the UK. Jeff’s worked with 1st Move International in the past, and feels comfortable endorsing them.

 

Still Stunned & Still Overwhelmed

It’s been one month since Trump, the POTUS, took office. I’m still shocked, stunned and amazed.

Disclaimer: this post is shallow, political, and self-promoting. If you want real advice, then just write me or get with the program (“Gin1Year”).

Still Stunned

I’ll be honest, I wasn’t a fan of Hillary Clinton. Bernie should’ve been the party pick. But all that aside, in the final race, HRC was the lesser of two evils. She was the clear choice over Trump.

 

Still Overwhelmed

Right up to about midnight on election night, I knew Hillary would become the next president. “surprise!” My mouth has been gaped open ever after.

Every day since, I watch the news. I watch it more than I ever did, like some addiction. Do others do the same?

Still Reading?

Look, I’m not here to say America is fucked. I’m not crying “you’re all doomed!” But…

Please know your situation in the US today, and over the next 4 years, is likely far worse than what you could have in a country more like you.

Lots of websites say “GO” but no one says “how”. I’m here to show you how.

Get with the program.

18 Excellent Tips from Expert Expats

I wrote to 18 people whom I consider expert expats.

Some make a living by travelling, others traveled to go make a living.

I asked them all 1 question: What is your advice to an expat?

Here are their replies:

Continue reading 18 Excellent Tips from Expert Expats

Why Are People Leaving the US, Part 5

Reason 5: Retirement

This is sort of a blend of #1 (Frustration) & #3 (Seeking Improved Life).  Retirees are both frustrated by healthcare costs and the cost of living on their incomes AND seeking an improved life with the means they have the (world’s) disposal.

But there’s definitely something special about this idea….of a person born, educated & employed their whole life in one country – only to retire and say “I’m done, and I’m moving to greener pastures.Continue reading Why Are People Leaving the US, Part 5