5 ms·

Many countries have a minimum salary limit which qualifies you (and potentially your family) to live there. For example, last I looked into it several years ago

by erikw 6y ago

Many countries have a minimum salary limit which qualifies you (and potentially your family) to live there. For example, last I looked into it several years ago, Spain's minimum salary for a remote working visa was USD $36,000.

zachthewf 6y ago
That's really cool. Do you have to pay income taxes in Spain if you do that?
- Nursie 6y ago
  Yes, I would think so. The US is the only country I know of that demands income taxes from its citizens when they are non-resident. Citizens of most countries would expect to pay local income taxes only when they emigrate.
  - cromka 6y ago
    Although it is important to remember that any tax one would have to pay to US IRS is for the difference between what a foreign country and US would charge, if former charged less. This only applies to countries with which US signed a treaty for the avoidance of double taxation.
    - Nursie 6y ago
      Interesting - from this and a couple of other comments I can see my idea that you just had to pay US income tax regardless was over-simplified and wrong. It's still a little weird to me though, as someone who would expect my own country to relinquish all tax demands if I'm not actually there!
    - kavrick 6y ago
      I'll note Canada has a similar treaty with the US and this applied to me while working / living there for a number of years. They wanted to tax me on my "worldwide" income and requested that I pay the difference between what I was making in the US vs. what I would be paying in Canada had I been living there. It wasn't something I had considered in my planning so good to look into before you go!
justinclift 6y ago
That's awesome. Didn't know that was even a thing. Spain is the country I wanted to move to anyway, which Brexit destroyed my hopes of. For anyone else that finds this potentially interesting, this seems useful: https://balcellsgroup.com/work-remotely-from-spain/ https://balcellsgroup.com/work-remotely-from-spain/ https://balcellsgroup.com/non-lucrative-residency/ https://balcellsgroup.com/non-lucrative-residency/ (note that they're just the first links showing up in DDG, so there might be better ones around)

by erikw 6y ago

zachthewf 6y ago

That's really cool. Do you have to pay income taxes in Spain if you do that?

Nursie 6y ago
Yes, I would think so. The US is the only country I know of that demands income taxes from its citizens when they are non-resident. Citizens of most countries would expect to pay local income taxes only when they emigrate.
- cromka 6y ago
  Although it is important to remember that any tax one would have to pay to US IRS is for the difference between what a foreign country and US would charge, if former charged less. This only applies to countries with which US signed a treaty for the avoidance of double taxation.
  - Nursie 6y ago
    Interesting - from this and a couple of other comments I can see my idea that you just had to pay US income tax regardless was over-simplified and wrong. It's still a little weird to me though, as someone who would expect my own country to relinquish all tax demands if I'm not actually there!
  - kavrick 6y ago
    I'll note Canada has a similar treaty with the US and this applied to me while working / living there for a number of years. They wanted to tax me on my "worldwide" income and requested that I pay the difference between what I was making in the US vs. what I would be paying in Canada had I been living there. It wasn't something I had considered in my planning so good to look into before you go!

justinclift 6y ago

That's awesome. Didn't know that was even a thing. Spain is the country I wanted to move to anyway, which Brexit destroyed my hopes of. For anyone else that finds this potentially interesting, this seems useful: https://balcellsgroup.com/work-remotely-from-spain/ https://balcellsgroup.com/work-remotely-from-spain/ https://balcellsgroup.com/non-lucrative-residency/ https://balcellsgroup.com/non-lucrative-residency/ (note that they're just the first links showing up in DDG, so there might be better ones around)