this post was submitted on 27 Nov 2023
1 points (100.0% liked)

Digital Nomads

14 readers
1 users here now

founded 10 months ago
MODERATORS
 

Hey Digital Nomads!

If you are constantly traveling, let’s say a different country every month, how do you handle your taxes? Let’s say your last location of permanent domicile was Colorado hypothetically. Let’s say that was years ago, how do you handle taxes? Do you pay taxes as if you are still living in Colorado while constantly moving countries? Thanks in advance!

PS, asking for a friend 🙄

you are viewing a single comment's thread
view the rest of the comments
[–] NoStructure371@alien.top 1 points 9 months ago

You pay taxes based on residency, where you currently are doesnt matter as long as you're legal (ie, tourist visa or nomad visa)

Unless your job is willing to accommodate and open offices in all the countries that you're in (highly highly unlikely) then that's the only way

If you live in a high income tax country, it sucks, but it offers protection if SHTF