EP031: Lifestyle Planning Utilizing the Foreign Earned Income Credit

Lifestyle Planning Utilizing the Foreign Earned Income Credit

Lifestyle Planning Utilizing the Foreign Earned Income Credit. Morey and Macarena discuss the Foreign Earned Income Credit and how it applies to families living offshore. Big tax savings can be had using the credit, even if you are still working for a U.S. company. Call Glazer Financial to see how their tax professionals can help you prepare for your existing expatriate lifestyle or your upcoming travel plans to live out your retirement in the sun.

Key Takeaways:

[:46] The Foreign Earned Income Credit — Solutions for an expatriate in Turkey.

[3:12] Do you work from home in a foreign country but get paid from a U.S. entity?

[5:01] Lifestyle planning and tax planning need to be considered before moving offshore.

[6:59] Moving offshore often becomes a cost rather than a surplus.

[7:47] Just like your life, the tax world changes year after year.

Mentioned in This Episode:

Glazer Financial Network

Email Macarena: Macarena Rose

Tuesdays with Morey on Facebook

Expat Tax Expert

Email Glazer Financial: Morey Glazer