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Tuition would be much lower, I think you are credited for the taxes you would pay in country, and generally - while you have to report foreign income - you have
by danzig13 9y ago
Tuition would be much lower, I think you are credited for the taxes you would pay in country, and generally - while you have to report foreign income - you have to make quite a bit before tax would be assessed.
- throwawayjava 9y agoI thought it was "only" $100,000? Seems like a lot of engineering types would be close to that limit.
- danzig13 9y agoFor a job after university probably, but I meant to speak to a tuition waiver at a foreign university. I doubt tuition waiver plus stipend would approach that in most other countries. Even for the job scenario, you get a tax credit for foreign taxes paid which in most industialized countries would probably neutralize any US tax burden and then some. If the job is in a developing country, I would think the cost of living advantages would make it worth it if you were above the limit. However, not a CPA or finance pro. I went to grad school abroad and looked into the implications of staying a bit.