Your golden years are your best years! Make them shine!

  • Home
  • Personal Finance
  • Retirement Life
  • Saving & Spending

7 Hard Truths About Retiring Overseas

July 29, 2022 · Retirement Life
retiring
Photo by Monterey Gold from Shutterstock

Plus, really now, there are many tax advantages when it comes to living abroad! The most notable ones are that if you are out of the country for over 330 days, you’ll get a specific tax exemption known as the Foreign Earned Income Exclusion.

In a nutshell, in case you have a low income, then you’re not going to pay U.S. taxes. The Foreign Income Exclusion usually stops a little over $100,000 USD in earned income for a single U.S. taxpayer.

What’s really nice about this is that you pay 0% on your earnings that are above the amount of the exclusion, and then the money that you earned above will be taxed at a much lower rate.

Pages: 1 2 3 4 5 6 7 8 9 10

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

1 comment on “7 Hard Truths About Retiring Overseas”

  1. June Wendt says:
    October 25, 2022 at 8:43 pm

    I would like to receive your publication on a regular basis. Do you have a membership?

    Reply
Se încarcă comentarii...

Nu mai există comentarii de afișat.

Search

Latest Posts

  • Tax Cut state New $6,000 Senior Tax Deduction: How Much You Could Save in 2025–2028
  • Tax Refund New Court Ruling Could Mean IRS Refunds for Pandemic Tax Penalties (2020–2023)
  • A contemplative retiree sitting on a porch during sunrise, reflecting on his new life stage. Mental Health in Retirement: Why Depression Spikes After Leaving Work (and How to Fight It)
  • A happy senior couple enjoying the view from their new modern apartment balcony at sunset. How to Downsize Smartly: Selling the Family Home and What to Do With the Money
  • A healthy senior couple walking outdoors on a sunny day, representing vitality and retirement wellness. GLP-1 Weight Loss Drugs (Ozempic, Wegovy) for Seniors: Benefits and Risks
  • An active senior couple walking through a modern, sunlit retirement community clubhouse. Best Senior Living Communities in America: What to Look For in 2027
  • A senior couple looking at a tablet in a bright living room, symbolizing retirement planning clarity. The SECURE Act 2.0 Explained: How New Retirement Rules Affect Seniors
  • An active senior woman wearing a stylish smartwatch in a sunny garden. Best Wearable Health Devices for Seniors: Beyond the Apple Watch
  • A senior woman looking calmly at her smartphone in a bright, modern living room. How Seniors Can Protect Themselves From the Latest AI-Powered Scams
  • An older couple shares a tender moment on a sunny porch, representing cognitive health and family support. Dementia Early Warning Signs Doctors Say Seniors Shouldn't Ignore

Newsletter

Get retirement tips and senior living advice delivered to your inbox.

Related Articles

retirement

2026 Social Security Updates: How These Changes Could Affect Your Benefits and Taxes

6. The Social Security Trust Fund Faces a 7-Year Countdown According to current projections, the…

Read More →
SNAP

7 Hidden Benefits of SNAP You’re Missing Out On

Tools and Resources Are Available to Help Older Adults Access SNAP Fortunately, older adults looking…

Read More →
A healthy senior couple walking outdoors on a sunny day, representing vitality and retirement wellness.

GLP-1 Weight Loss Drugs (Ozempic, Wegovy) for Seniors: Benefits and Risks

Discover the benefits, muscle loss risks, and 2026 Medicare coverage updates for GLP-1 weight loss…

Read More →
States That Hate Retirees

7 States That HATE Retirees

An elderly man sits at a table covered in bills and a calculator, visibly distressed…

Read More →
Job Scams

10 Common Job Scams and How to Protect Yourself

A senior person uses a stylus to review digital vigilance tips on their tablet, staying…

Read More →
medicare

Here’s How Much You’ll Save on Medicare in 2023!

Retirees have been closely keeping an eye on the Social Security Administration’s official page, waiting…

Read More →
taxes

Filing Taxes in 2025? Here Are 5 Tips to Help

A smiling couple reviews their finances on a laptop with paperwork and a calculator, making…

Read More →
A retired couple enjoying a sunset view from a balcony, symbolizing financial freedom and a new chapter.

Best States With No State Income Tax for Retirees in 2027

Discover the best states with no state income tax for retirees in 2027, and learn…

Read More →
retirement places

8 Retirement Places Where Homes Cost Under $100K

7. Sun City, Arizona Arizona’s famed Sun City, one of the country’s first 55-plus retirement…

Read More →
Retired in USA

Your golden years are your best years! Make them shine!

Inedit Agency S.R.L.
Bucharest, Romania

contact@ineditagency.com

Trust & Legal

  • Terms and Conditions
  • Privacy Policy
  • Do not sell my personal information
  • Subscribe
  • Unsubscribe
  • Contact
  • CA Privacy Policy
  • Request to Know
  • Request to Delete

Categories

  • Enjoying Retirement
  • Personal Finance
  • Saving & Spending

© 2026 Retired in USA. All rights reserved.