How to save thousands in Taxes using Geo-arbitrage | Ep 217

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Choose FI has partnered with CardRatings for our coverage of credit card products. Choose FI and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Disclosures.

Download your Geo-Arbitrage Tax Guide here


David Mckeegan

What You’ll Get Out Of Today’s Show

  • The difference between foreign earned income exclusion and foreign tax credit and how to qualify for each, and how US citizens and tax residents can use them to save thousands of dollars every year.
  • How the foreign earned income exclusion can be used to step up the cost basis for long term investments through capital gains harvesting.
  • Reporting requirements for expats banking overseas and best practices to avoid many of the issues and make life easier.
  • Why expats should consider establishing residency in a zero-tax state before moving overseas and which state is the easiest to establish residency in.

Resources Mentioned In Today’s Conversation

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Transcript Here

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Choose FI has partnered with CardRatings for our coverage of credit card products. Choose FI and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Disclosures.
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