4 ms·
For Americans, dubai makes sense if BCG or Bains or Mckinsey are sending you there as a Consultant [read a series that appeared in MIT tech review, where this w
by akshayubhat 16y ago
For Americans, dubai makes sense if BCG or Bains or Mckinsey are sending you there as a Consultant [read a series that appeared in MIT tech review, where this was the case], you then get 300k$ a year salary with quite bit lesser taxes and other perks.
But 30k$ per year salary to drive Tucks is surely not worth, The degradation of health due to poor living condition, is alone is a significant cost, considering any ailment that starts there would lead to significant future costs after the person comes back to USA.
- anamax 16y ago> For Americans, ... you then get 300k$ a year salary with quite bit lesser taxes and other perks. American citizens re still liable for US (federal) income taxes on foreign income. There's an exemption of something like $90k and credit for taxes paid to wherever they are, but someone with a $300k salary would owe significant US taxes. Note that many deductions are not available to non-residents.
- akshayubhat 16y agohmmm thats interesting, Indian citizens dont need to pay any tax on income abroad.
- abalashov 16y agoNot true of countries that have bilateral tax treaties with the US exempting a higher amount than ~$90k, as for example many Western European countries do. I doubt the United Arab Emirates has this arrangement... just saying.
- eru 16y agoJust go to the UK afterwards. Those evil socialists have the NHS.