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by klipt
886 days ago
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Staying a year often makes your tax resident which is exactly the kind of headache nomads moving around are trying to avoid. For example if you own any stocks and become tax resident, then leave and break tax residency, you may often owe an "exit tax" on your unrealized stock gains. Even stocks in your retirement accounts like IRA may not be treated as tax advantaged by another country. |
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