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Get Ready for Travel Season: Know the Rules Before You Go
You don’t want unwelcome surprises
My partner is getting ready for an upcoming business trip, and noticed some interesting requirements for his intended destination.
The place he’s going isn’t very safe, at least not for females who travel by themselves. I had hopes of joining him there for a bit. But, upon closer inspection, it may not be safe for him either.
Cars could be hijacked right out from under tourists, and there’s a need for liquidity too.
With travel season just around the corner, many of you may be planning vacations or extended stays abroad. While packing your bags and booking flights are exciting steps, there are essential financial and legal considerations that travelers should keep in mind — especially if you plan to work remotely, stay for an extended period, or consider expat life.
Here are some key factors to be aware of before you set off:
Tax Implications: Depending on your home country, you may still have tax obligations while living or earning income abroad. U.S. citizens, for example, are required to file taxes on worldwide income, even if they reside elsewhere. Research tax treaties between your home country and your destination to avoid double taxation and unnecessary…
