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⌸ EN Magazine Expat tax policies around the world

Discussion in 'Magazine' started by KashGo, Oct 23, 2022.

  1. KashGo

    KashGo Addicted member
    Editor

    Joined:
    Oct 10, 2020
    Messages:
    114
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    Gender:
    Female
    City:
    Manama
    Living In:
    Bahrain
    Nationality:
    South African (ZA)
    Languages:
    English, Afrikaans
    Depending on their nationality, expats have to deal differently with taxes. In the US it can be a real issue and a lot of Americans living abroad are complaining about the paperwork and the difficulties it makes. South Africa has recently implemented a worldwide taxation for its citizens. In the UK, a specific non-domiciled status allows top earners and the extra rich to avoid paying most of their taxes. Other countries have a "Wealth Tax" that can affect expatriates.

    As the old adage goes: The only certainties in life are death and taxes. This is also true for all those adventurous expats that leave home to sample living in other countries, but have to deal with sometimes complex tax situations. Tax rules and regulations in the majority of countries are complicated for those who must pay them, and infringing any tax laws can have dire legal consequences.

    Read our article: Expat tax policies around the world

    What is your experience? Please share in the discussion :)
     
    #1 KashGo, Oct 23, 2022
    Last edited by a moderator: Oct 23, 2022
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