Ep 35: Guided By The Stars No More: A Roadmap To Retiring Abroad! Part 2
Listen & Subscribe
dark+apple dark+spotify dark+youtube
In Part 1 of this podcast, we discussed figuring out your "why", for wanting to retire abroad, the residency/visa requirements, and the practical aspects of moving overseas.
In Part 2 of this episode, we answer specific tax and financial questions. Some examples of the questions (amongst others) that we answer here are:-
Do I still need to file U.S. taxes when overseas, and what does that entail? What about State taxes?
How do I access my retirement income from overseas? How do I get my RMDs?
Will my custodian allow a foreign address? How do I transfer my funds from the U.S.?
Should I roll over my 401k to a rollover IRA before I leave the U.S.?
Will I have enough SS credits to claim social security from abroad?
Should I buy a home overseas?
What about healthcare expenses? How do I deal with that?
Are there other countries you should consider besides the usual?
Episode Links & Resources
Ep 23: Receiving Social Security From Overseas: Answering FAQs
Are you Tax-compliant With Your Overseas Assets? - Free Guide - Scroll to the bottom of the page.
---------------------------------------------------------------------------------
The speakers' views and opinions discussed in this episode should not be considered financial, tax, or legal advice. Consult your advisor for any legal, cross-border tax, and financial advice.
Be sure to join the conversation by visiting our page The International Money Cafe
Follow us on social media: - LinkedIn; Instagram; Twitter (X); Facebook
The speakers' views and opinions discussed in this episode should not be considered financial, tax, or legal advice. Consult your advisor for any legal, cross-border tax, and financial advice.
Be sure to join the conversation by following us on social media:-
LinkedIn; Instagram; Twitter (X); Facebook