Taxes. Know before you go.

Find important TAX information here.

The rapid growth of remote working allows people to explore far off lands and cultures without taking time off work, and it can also offer an opportunity to save money. Understanding tax implications is extremely important, not just from the financial implications, but legal as well.

Each country has different rules and tax rates to be aware of. For example, a higher tax rate in one of the desirable European cities may be worth trading for a no-tax island in the Caribbean, depending on your circumstances. There is a lot to know. For example, US citizens may be required to file a Foreign Bank Account Report with their tax return. Whatever your situation, it is always best to know before you go.

Worksploring Tax information

Retire in Puerto Rico: Legal Residency, Tax Rules, and Cost of Living
September 15, 2025 by Katelynn Minott, CPA & CEO
If your idea of retirement paradise includes turquoise waters, palm-fringed beaches, and the ability to order a piña colada without leaving U.S. soil, then retiring in Puerto Rico might be your perfect next chapter. American retirees are flocking to this Caribbean island for more than just the scenery—its year-round tropical climate, vibrant culture, and generous […]
962 Election: What It Means for U.S. Tax on Foreign Business Income
September 12, 2025 by Katelynn Minott, CPA & CEO
If you own a business overseas, you might already know that the U.S. can tax your share of its profits — even if you never transfer a cent back home. For some business owners, that means getting hit with a U.S. tax bill on top of taxes they’re already paying abroad. The Section 962 election […]
Form 8832: How to Elect or Change Your Business’s Tax Classification with the IRS
September 10, 2025 by Katelynn Minott, CPA & CEO
In the world of IRS paperwork, Form 8832 is small but mighty. It’s just two pages long, yet it decides how your business will be taxed—and that choice can make a serious difference to your tax return, your tax rates, and your bottom line. You might file it when launching a new business, reshaping your […]

To access more of this content, you must purchase Blue Membership, Plum Membership or Platinum Membership.

Tax rates, cost of living, quality of life, and much much more to help you know where to go Worksploring.

Don’t just join the Worksploring community, be the community. Reach out.

Upgrade your account

0 recommendationsPublished in Resources