4 ms·
That's certainly true, but the vast majority of remote workers I know work as freelancers, which solves this completely and relatively easily. It's no major ha
by pimterry 4y ago
That's certainly true, but the vast majority of remote workers I know work as freelancers, which solves this completely and relatively easily.
It's no major hassle - you email a invoice once a month, add a line to a spreadsheet, and hire a English-speaking local accountant to do the filings (in Spain this costs ~€30 a month). In many cases you save money overall, since coworking, laptops, software tools and relevant SaaS subscriptions you might've paid for yourself are now all deductible business expenses (i.e. you pay 50+% less, after typical income tax + VAT).
The practical day to day is identical, since most remote-focused companies I've talked to have a standard policy of benefits (standard working hours, paid holiday, minimum notice periods, etc) for their remote freelancers abroad and for their local employees (notably though you can't be a freelancer locally in many countries, as it's considered disguised employment - employee if the company has a local presence, contractor otherwise). Of course, that's only true for companies who are comfortable with remote work, which ime is common for software dev & startups but rare elsewhere.
Your mileage may vary, but for me and many people I know across Europe it's an easy fix that's no big problem.
- landemva 4y ago> coworking, laptops, software tools and relevant SaaS subscriptions you might've paid for yourself are now all deductible business expenses That has also applied to those in USA not doing foreign nomad thing. In USA, an LLC keeps things tidy for the business expenses including conference travel.