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Old 02-19-2017, 10:07 AM
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HenryGale HenryGale is offline
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Default Working in Europe

I was approached by some recruiters for openings in UK and other European countries, my current company also has some positions in those places, and I am very tempted to live/work there for a few years, but I am not too sure about its implications on how my future career would be impacted after coming back to North America in a few years, anybody can share some experience or advice? On the income side, probably won't be able to save much since the tax is much higher there ...

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Old 02-19-2017, 10:07 AM
Jim Bob Cooter Jim Bob Cooter is offline
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This thread is relevant to my interests
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Old 02-19-2017, 10:38 AM
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ShivamS ShivamS is offline
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Which field are you in?

I'm guessing not healthcare, for obvious reasons.
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Old 02-19-2017, 10:56 AM
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Which field are you in?

I'm guessing not healthcare, for obvious reasons.

Life
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Old 02-19-2017, 04:27 PM
SouthMtn SouthMtn is offline
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On the income side, probably won't be able to save much since the tax is much higher there ...
This depends on the country and also your income level since Uncle Sam may want a piece. Also US expats in the UK were disadvantaged because of Brexit.
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Old 02-20-2017, 06:18 AM
ishamael ishamael is offline
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Also US expats in the UK were disadvantaged because of Brexit.
Intrigued by this statement. Would you mind clarifying?
Are you saying that US expats used to be disadvantaged but no longer due to the Brexit vote?
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Old 02-20-2017, 08:47 AM
SouthMtn SouthMtn is offline
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Yeah, sorry, I'll clarify. When Brexit happened, currency rates worldwide went haywire. The USD became much stronger against the GBP, and so a saver earning income in England would see fewer dollars after conversion. Compared to a few years ago the dollar is also stronger against other European currencies. Currency risk is real. I personally "lost" around $10k when using a baseline rate of when I started working overseas.
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