Oh, that was me. I didn’t intend to argue you with you, sorry it came over like that. I’ve lived in both London and DC, so I understood what you meant. |
+1. I lived in Lyon for 2 years and absolutely loved my time there. Not touristy, beautiful town and weather, fantastic food, high quality of living. There’s a great energy there. It’s really nicely located between Paris, the south of France, and the Alps/Switzerland as well. I think every day of my time there and dream of moving back. |
| I just moved to Vienna and its hands down the best city I have lived in which includes paris london madrid stockholm cities in afria and south america. Def come here with children!!!! |
What kind of school is your teen in? Are there affordable schooling options for expats? |
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Are you guys using public or private schools for your kids abroad, or do you homeschool?
Any particular cities abroad you would recommend for a single parent of a teen? |
I haven't actually lived there, but how about Utrecht? It's a pretty, well-organized university town. Even the children would speak some English, and you could easily meet every practical need. I searched really quickly and found many three-bedroom apartments there for less than 2,000 euros. And Utrecht has a big station train that would connect you smoothly with Schiphol (the Netherlands' biggest airport) and every city in Belgium, France and Germany. I think another great thing about the Netherlands is that it has a great, high-tech health care system. People aren't doing a great job of social distancing there right now, but, generally, the Netherlands is the kind of place that could implement strict social distancing well and quickly, if people there were convinced that strict social distancing was necessary. Italy is a wonderful, warm place to live, but, right before Covid got out of control, people on Twitter were saying that the Italian health care system would have a hard time handling Covid. They were right. |
The Netherlands. Chicago. Depending on how you define "fulfilling," most midsize U.S. cities with a decent university in them. |
Most Lisbon privates follow IB or GCSE and range from 10-20k per year; so much less than DC-area top privates, I think. There is an American school, but even that changes to IB for last two years; they also serve as an official exam center for SAT/ACT. Public school is free & pretty rigorous, so it’s a great option if your kids are young enough to absorb the language quickly. |
| Japan. Lived in a small town outside Osaka. Fun. |
| Hong Kong was amazing for our family. However we moved back to US 5 years ago. You couldn’t pay me to live there now with the political unrest. We still have many friends who live there and they are very unhappy as compared to when we were there. |
| Tanzania was amazing. |
| I can’t believe nobody’s mentioned australia. Very safe (No guns!), great healthcare and schools, everybody speaks English, amazing lifestyle opportunities (beaches, skiing, arts and museums, parks), world class food everywhere. When the exchange rate is good, it’s also amazingly affordable (outside Sydney). |
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I have a related question: how do you do with taxes, our family is exploring living abroad for a few years (dual European citizenship) but are worried about taxes implication. Also wondering if one of can keep their US job...thoughts?
TIA |
| Kathmandu |
There is no easy source for this, as it is country-by-country. Several accounting firms, like PWC, have country write ups that you can read through. I’m the PT poster above. First, you need to look at any special tax incentives the country has. Portugal, for example, runs a program called NHR, which dramatically reduces taxes on non-Portuguese assets. Then, you need to look at the tax treaty between US and your target country. You can offset many taxes paid as a foreign tax credit against your US obligations, but watch out for things that don’t fall neatly into categories, such as Roth IRAs (often seen as just a normal retirement account even though tax has already been paid, or as deferred income). Then, you also need to consider any wealth taxes, inheritance/estate taxes (be very careful here - you can get hit with inheritance on top of US estate tax as they are not the same ‘category’ and therefore have no offsets in many treaties) and exit taxes. It’s complicated & you would be well advised to find a good accountant in your target country before committing to any move. It’s not to say you should never move, but you might want to rearrange your assets a bit before making the transition to avoid triggering more tax than you might otherwise pay. |