Employers paying private school tuition

[Anonymous]

Anonymous wrote:

Anonymous wrote:I know a World Bank employee who moved abroad and enrolled their kids in American boarding school with nearly all the tuition paid off.

Damn! That's a sweet gig.

My DW and I moved to Singapore, gratefully WB policy pays off nearly all foreign tuition up to high school and a large percentage of college fees, and thus we have enrolled our DCs in separate boarding schools with little to no tuition. We plan to stay in Singapore until our youngest graduates college, in order to pay less than in state tuition for expensive colleges in the US. A great perk indeed!

[Anonymous]

No issue with that. It’s good business (kind of cheap actually and these salaries are very good but not great, plus none of these kids are headed to Le Rosey or Eton) and in that situation you’re an expat.

The issue is with people not being true expats, full well knowing they’ll never go back and will retire in the USA and resort to benefits and expensive geriatric medical care here without having contributed anything but property taxes (typically not in DC). It seems only fair that the laws change to ask whether there’s any intent to apply for GC/citizenship and treat anyone after 10 years in the country accordingly. If you want to stay, you start paying tax and tuition is taxable income. If you don’t want to stay and want to be an expat, fair game, but leave within 2 weeks from retirement.

Seems only fair to close the loophole and give you t

[Anonymous]

youth with talent immigrating a chance at limited visas

[Anonymous]

Forbes published this legendary title: IMF's Christine Lagarde: 'I Don't Pay Taxes, But You Should'

following this other one

Strauss-Kahn Charged With 'Aggravated Pimping' In Lille Prostitution Case

Great contributions to DC!

[Anonymous]

Has anyone done a study on just how underachieving the second generation tends to be? I’m fairly shocked by how much less well the kids fare in terms of educational attainment than their fairly well educated WB/IMF parents. It really is a thing. WIS benefits

[Anonymous]

Anonymous wrote:No issue with that. It’s good business (kind of cheap actually and these salaries are very good but not great, plus none of these kids are headed to Le Rosey or Eton) and in that situation you’re an expat.

The issue is with people not being true expats, full well knowing they’ll never go back and will retire in the USA and resort to benefits and expensive geriatric medical care here without having contributed anything but property taxes (typically not in DC). It seems only fair that the laws change to ask whether there’s any intent to apply for GC/citizenship and treat anyone after 10 years in the country accordingly. If you want to stay, you start paying tax and tuition is taxable income. If you don’t want to stay and want to be an expat, fair game, but leave within 2 weeks from retirement.

Seems only fair to close the loophole and give you t

Of course, fully allowed to change your mind and stay but have to pay back taxes for it all except the first 10 years.
Otherwise not really fair to the tax paying citizens and GC holders.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I know a World Bank employee who moved abroad and enrolled their kids in American boarding school with nearly all the tuition paid off.

Damn! That's a sweet gig.

My DW and I moved to Singapore, gratefully WB policy pays off nearly all foreign tuition up to high school and a large percentage of college fees, and thus we have enrolled our DCs in separate boarding schools with little to no tuition. We plan to stay in Singapore until our youngest graduates college, in order to pay less than in state tuition for expensive colleges in the US. A great perk indeed!

The WB does not pay for 100% of boarding school tuition when families are posted overseas. It pays 100% of the day school in tuition and then a small subsistance allowance per kid. If the boarding school can not tease out day vs boarding fees then it covers only 60% of school costs costs. It does not come anywhere close to covering 100% boarding school fees at most boarding schools in the US. I am curious how people are getting way with the WB paying 100% of boarding school costs, as this is clearly against the rules and fraudulent.

[Anonymous]

This is what Trump's former CFO just got in trouble for. It isn't really a thing unless companies are really shady. Though with the bonuses some people in this town get, it's like tuition is paid.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Again, G4 visa holders (the only ones getting the school benefits at international organizations) don’t pay income taxes… why is it so hard to understand? It is not tax fraud if you don’t pay income taxes.

Green card holders working for the WB don't pay income taxes either.

On their salaries

[Anonymous]

Anonymous wrote:Has anyone done a study on just how underachieving the second generation tends to be? I’m fairly shocked by how much less well the kids fare in terms of educational attainment than their fairly well educated WB/IMF parents. It really is a thing. WIS benefits

No, let’s instead do a “fairly” interesting study of “how much less well” the average DCUM poster’s “educational attainment” is.

[Anonymous]

Anonymous wrote:

Anonymous wrote:No issue with that. It’s good business (kind of cheap actually and these salaries are very good but not great, plus none of these kids are headed to Le Rosey or Eton) and in that situation you’re an expat.

The issue is with people not being true expats, full well knowing they’ll never go back and will retire in the USA and resort to benefits and expensive geriatric medical care here without having contributed anything but property taxes (typically not in DC). It seems only fair that the laws change to ask whether there’s any intent to apply for GC/citizenship and treat anyone after 10 years in the country accordingly. If you want to stay, you start paying tax and tuition is taxable income. If you don’t want to stay and want to be an expat, fair game, but leave within 2 weeks from retirement.

Seems only fair to close the loophole and give you t

Of course, fully allowed to change your mind and stay but have to pay back taxes for it all except the first 10 years.
Otherwise not really fair to the tax paying citizens and GC holders.

And you are back! With same ignorant arguments and wrong information.

[Anonymous]

Anonymous wrote:Has anyone done a study on just how underachieving the second generation tends to be? I’m fairly shocked by how much less well the kids fare in terms of educational attainment than their fairly well educated WB/IMF parents. It really is a thing. WIS benefits

I’d rather see a 2nd Gen study of kids from successful start up or private sector immigrants than of a bunch of bureaucratic Phd govt multilateral development bankers.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Has anyone done a study on just how underachieving the second generation tends to be? I’m fairly shocked by how much less well the kids fare in terms of educational attainment than their fairly well educated WB/IMF parents. It really is a thing. WIS benefits

I’d rather see a 2nd Gen study of kids from successful start up or private sector immigrants than of a bunch of bureaucratic Phd govt multilateral development bankers.

What is a private sector immigrant? Are you replying to your own confusing writing?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I know a World Bank employee who moved abroad and enrolled their kids in American boarding school with nearly all the tuition paid off.

Damn! That's a sweet gig.

My DW and I moved to Singapore, gratefully WB policy pays off nearly all foreign tuition up to high school and a large percentage of college fees, and thus we have enrolled our DCs in separate boarding schools with little to no tuition. We plan to stay in Singapore until our youngest graduates college, in order to pay less than in state tuition for expensive colleges in the US. A great perk indeed!

So your children get private education until graduation and get to attend expensive american universities for half the price?! Must be nice.

[Anonymous]

Anonymous wrote:This is what Trump's former CFO just got in trouble for. It isn't really a thing unless companies are really shady. Though with the bonuses some people in this town get, it's like tuition is paid.

Stop with these clueless misinformed posts. These are international organizations that have their own set of applicable laws and tax provisions. Nothing similar to Trump criminal enterprises. You really think WB, IDB, IMF, etc and their employees would have gotten away with breaking the law without consequence? Get a grip on reality!