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About the taxes thing -- you can subtract foreign taxes that you pay from your American tax bill, and you also get an exemption on your first $100,000 of earnin
by electricviolet 7y ago
About the taxes thing -- you can subtract foreign taxes that you pay from your American tax bill, and you also get an exemption on your first $100,000 of earnings, so it really only affects you if you're living in a low-tax-rate country AND making a six-figure salary in USD.
(I'm an American living abroad so I deal with this every year.)
- eru 7y agoYes. Specifically for Singapore those salaries are easy to achieve for techies, and sort of the point of living here as a foreigner. Otherwise, you are probably better off in a lower cost place. I assume you still have to do your American taxes, even if just to show that you didn't hit the threshold?
- alexsb92 7y agoYeah you still have to file your US taxes