this post was submitted on 27 Nov 2023
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Digital Nomads

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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 🙄

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[–] ConversationEven6881@alien.top 1 points 9 months ago (2 children)

I've lived in 6 countries for a few months at a time the last 3 years. You pay tax by residency. This will make it easier for you. Depending if you make decent money (tax bracket) and if you have any connections/family in low tax US states, change residency to there

[–] HomeStar182@alien.top 1 points 9 months ago (1 children)

Thanks, this is helpful. But for “residency”, would that be the last place you lived? Or would you use a home where a friend or family member live as the address?

[–] thekwoka@alien.top 1 points 9 months ago (1 children)

But for “residency”, would that be the last place you lived?

It's where you live now.

[–] HomeStar182@alien.top 1 points 9 months ago (1 children)

But I don’t live anywhere specifically

[–] thekwoka@alien.top 1 points 9 months ago

No, where are you RIGHT NOW. As you type this.

The FEIE has that as the final indicator of where the income originated.

[–] thekwoka@alien.top 1 points 9 months ago

if you have any connections/family in low tax US states, change residency to there

Or just don't have a state residence anymore