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Six Challenges of Being an American Overseas

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Nomad Capitalist
Nomad Capitalist
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Published on 08 Aug 2022 / In People & Blogs

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Living on foreign soil with unknown faces around may pose many challenges to an expat or global nomad, especially those who have left behind the luxury of family support and a convenient lifestyle. No matter how mentally strong you are, the challenges that you face while living abroad can make life difficult. Everyone thinks that you won’t get at least some “culture shock” but it happens to everyone.

If you cope with the issues with utmost determination and will, living overseas can be an enjoyable experience that you can cherish forever. Here are the top 6 challenges for expatriates that you may face during your overseas stay.

00:00 Start
0:29 Americans Abroad
1:00 What is Citizenship-Based Taxation?
3:00 The Best Places to Move
4:29 Does Renounce U.S. Citizenship Make Sense For The Average American Abroad?
6:03 Living in Dubai
6:46 Living in Puerto Rico
8:00 Reportable Assets
9:38 Challenges of Being an American Overseas
11:38Tax Relief For Americans Abroad

Andrew is reading this article: https://www.forbes.com/sites/k....athleenpeddicord/202

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DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.

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