Home › Forums › Day 14 – Taxes, Wrap-up & Pro Tips › What are the income tax implications associated with working abroad? › Reply To: What are the income tax implications associated with working abroad?
First, I am not a CPA and also I cannot speak for the experience of non-US citizens but absolutely there are dramatic tax implications (in a positive way) for nomadic “itinerant” workers. This is a huge topic and it’s covered in depth in the intermediate Nomad Prep course but suffice it to say there is something called the FEIE which you should research as it can pay for your entire year abroad if done properly. We have a full 1-hr webinar with a CPA who has successfully secured the FEIE for hundreds of nomadic workers and he will take you through all of the qualifying factors, key preparatory steps and make you aware of the potential gotchas for taking advantage of this program.