Credit: Getty Images
Traditionally, the term digital nomad has been associated with travel bloggers, copywriters, and other tech-savvy entrepreneurs who traversed the globe while working virtually. Post-pandemic, this stereotype is likely to fade as a wide range of professionals seek to combine remote work with international travel.
This trend toward borderless remote work presents opportunities and challenges for employers. On the one hand, employers are likely to find happier, more productive employees abroad. On the other, companies may struggle with legal challenges and payroll complications.
Before your employees embrace the digital nomad lifestyle, consider how you ll manage the nuances of international remote work.
2021 US tax updates and filing requirements for Americans in the Netherlands
Facebook
2021 US tax updates and filing requirements for Americans in the Netherlands SHARES Facebook
What s up
Allyson Lindsey, Managing CPA and Partner at Bright!Tax, a leading provider of US expat tax services, tells us about US tax requirements for Americans living in the Netherlands in 2021.
Living in the Netherlands as an American is most often both a charming and invigorating experience, thanks to the local people, customs, and culture. Americans in the Netherlands still have to file US taxes though, often as well as Dutch taxes, on their worldwide income.
Allyson Lindsey, Managing CPA and Partner at Bright!Tax, a leading provider of US expat tax services, provides us with some US tax tips for Americans living in Costa Rica in 2021.
Costa Rica is among the top destinations for Americans seeking to live abroad for a bounty of good reasons – the sublime natural environment, the temperate climate, the hospitable people, and the quality of life, to name but a few.
All American citizens still have to file U.S. taxes after moving to Costa Rica though, reporting their global income. This is because U.S. has a citizenship-based as opposed to a residence-based tax system.
While plenty of people are waiting out the coronavirus pandemic in their hometowns, some particularly digital nomads and employees toiling under liberal remote work policies are are taking advantage of discount plane tickets and relocating to countries around the world.
However, seeing the world, let alone moving abroad, during a pandemic requires careful research. Not only do you have to consider which countries are accepting U.S. citizens, but you must also take into account factors like health care, the nation s response to COVID-19, the culture, and more. Here s what you need to know before becoming an expat now. woman sitting at a workbench with a laptop