US Citizenship, Digital Nomads and Saving on Taxes with Olivier Wagner

Working overseas as a U.S. citizen means the tax conversation can be tricky! How much do you pay as taxes to each country? Do you need a tax agent in the U.S.? And what entitlements do you have as someone working abroad?

With over a decade of expertise in US expat taxes, Olivier Wagner shares with me what U.S. citizens living abroad need to know, especially if they are digital nomads. From leveraging the Foreign Earned Income Exclusion to the complications of Social Security contributions, Olivier shares with me the insights you need to live in Ireland and pay taxes in the U.S.

Whether you're considering renouncing your US citizenship or curious about the tax implications of your global lifestyle, this episode is packed with essential advice to help you stay compliant and make informed decisions.

Main Topics Discussed:

• Introduction to Olivier Wagner and his expertise in US expat taxation.
• Overview of tax obligations for US expats and digital nomads.
• Utilizing the Foreign Earned Income Exclusion for digital nomads.
• The implications of Social Security contributions for US expats.
• Strategic considerations for US citizens contemplating renouncing their citizenship.
• Financial planning tips for US expats living in higher tax jurisdictions.
• The importance of seeking professional tax advice before moving abroad.

If this conversation resonates with you and you'd like to seek out Olivier's services, head to https://1040abroad.com/ to organise a free consultation. Alternatively, you can purchase Olivier's book on Amazon.

LinkedIn: https://www.linkedin.com/in/owagnerea/

*****

If you loved this episode or have a similar story, we'd love to hear from you! You can get in touch with us directly at [email protected] or leave a rating and review on Apple Podcasts or Spotify.

Taxbytes for Expats is brought to you by ExpatTaxes.ie. If you're considering moving to or from Ireland and would like support with your taxes, book a consultation today: https://expattaxes.ie/services-and-pricing/.

Mentioned in this episode:

Special Offer from our Trusted Partner, Currencies Direct

This episode is brought to you by Currencies Direct, our trusted currency exchange partner when transferring currency to or from Ireland. Use the link below and quote "Expat Taxes" when registering with Currencies Direct to receive a €50 One4All or Amazon voucher when you transfer €5000 or more in your first six months with Currencies Direct.

Click here for Currencies Direct Special Offer