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Louie comments on Optimal Employment - Less Wrong
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Comments (267)
Doesn't the US tax income American citizens make abroad? And then financially abuse you if the IRS judges that you gave up your citizenship to lower your taxes?
Not if you're abroad a whole year and you make under a certain amount... forget the exact figure right now but it's much higher than $39k/yr exempted.
You have to file one extra form with your tax paperwork.
I read much the same thing while researching teaching ESL in South Korea. Quickly googling, the current figure for federal exemption is $70,000 (with another $8,000 for housing costs):
Care to summarize what you learned from your ESL research?
The flip answer is that while South Korea seems like a nice place & country, I learned America has no monopoly on xenophobia and North Korea is an even sadder and more twisted country than I had imagined. Were you thinking about anything in particular?
I have tendinitis and therefore unable to do my preferred work as a computer programmer. Thought I would spend the next few months living in a foreign country doing some form of work that doesn't involve a lot of typing while my tendinitis recovers.
Ah. South Korea probably isn't for you then; just getting the FBI background check will cost you a month or three, and teaching contracts tend to be for the academic year. China might be better from an ESL-teaching perspective (which is what my reading focused on), but things are opaque and rather fast-and-loose there - one of my friends was just kicked out of there a few weeks back after the job started, supposedly because he was using too much profanity.
Not sure I understood that properly, is the $70,000/year, or lifetime?
Per year.
Ah, thanks. :)