this post was submitted on 21 Nov 2023
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Digital Nomads
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I make 12k per month as a software developer.
And I am staying in a 1% tax country in EE.
I don't travel much, or even do much at all other than work, gym and some hobbies.
No SO or dependents. At this rate I could save/invest over 100k per year.
You stay in Romania?
Romania has half of the income taxed. So no, of course it's not Romania.
Are you freelance? What country are you in? I'm paying around 25% of my income into income taxes and pension plans.
Don’t you still have to pay US income tax? Or is your employer in Europe?
I am not an American citizen; can't you tell my English is not spot on? ;)
I am not officially "employed" to anyone. I do work for American companies, but I just signed a W8-BEN, so I am responsible for dealing with my own taxes ... which I do, paying 1% every month very diligently.
That’s awesome haha
Your English is spot on 👏
Considering the facts that you’ve shared about yourself…Are you from Russia, by any chance? Just being curious.
"How much do you think the average digital nomad makes?
"Well I make lots of money!"
what is EE?
Interesting, I've just educated myself about this here https://forbes.ge/blogs/1-personal-income-tax-applicable-in-georgia-what-to-know-and-consider
The only caveat I see is that is though to separate the line between IT software development and consultation. Have authorities ever challenged or asked you? Have you taken a consultation with a tax lawer in Georgia to check your contracts? (I guess you have one of those generic contractor contracts business use in USA).
How are you a digital nomad if you don't travel around?
You just swapped country A for country B.
Asking all the other devs in this thread the same question, but I'm guessing you are working remotely abroad without telling your employer right? on travel visas? I'm fully remote but all the roles I ever see being advertised restrict me to stay in my country.
Don't mind how do you find a remote job i am working as a digital marketer for a company and at the end of the month they only pay 200$ which is very low compare to other countries im living in Asia
https://www.reddit.com/r/story/comments/1822t4f/non_fiction_how_i_ended_up_making_12k_per_month/
Nice, any advice to us juniors devs, wanting to become DN? Any regrets or things you wish you could've done different? Any shortcuts you wish you could've taken to become as successful as you are now?
https://www.reddit.com/r/story/comments/1822t4f/non_fiction_how_i_ended_up_making_12k_per_month/
Snap