Best Way to Earn Tax Free Income - US Digital Nomad Solution
Channel: Esquire Group
Date: 25/11/2020

Best Way to Earn Tax Free Income - US Digital Nomad Solution

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In today's video, I will be talking about citizenship-based taxation, the foreign earned income exclusion (FEIE), the Foreign Housing allowance, and FICA (Social Security & Medicare) taxes. It might sound too good to be true, but it is possible for Americans to earn foreign income, tax-free, while working abroad, up to $122,664.

If the pandemic taught us one thing, it’s that the digital/online workforce is nothing to be reckoned against. And even at the tail end of it all, many companies are opting to remain digital, up until 2022 and beyond. Imagine traveling out of the US to Greece and working as a digital nomad, AND earning foreign income TAX-FREE! But how can this be done without giving up US citizenship?

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Website: https://esquiregroup.com

About Jimmy Sexton:

Hi! I am Jimmy Sexton, LL.M. - Founder & CEO of Esquire Group. I founded Esquire Group with the objective of helping and inspiring wealthy families, investors, entrepreneurs, and high-level executives obtain and gain control over and protect their wealth, via strategic wealth planning.

Connect with me on LinkedIn: https://www.linkedin.com/in/jimmysextonllm/

Disclaimer:

This video is prepared for educational purposes only. This video is not legal, tax or any other type of advice. Each individuals’ circumstances are different, you should seek legal and/or tax advice to address your specific situation and any questions you may have.