Foreign Earned Income Exclusion: How to save on taxes while living abroad

Sovereign Confidential

Alert

As we release this SMC Alert, there’s a lot of post-election uncertainty in the United States.

And over the next few weeks, there might be continued uncertainty. It’s possible that the election results remain unclear even into mid-January. All the while, peaceful protestors could swarm D.C. and other cities.

Or maybe hours after this hits your inbox, the winner will be clear. And all will be calm.

As we often say, around the Sovereign Man office, crystal balls are short in supply.

So, rather than focus on what’s unknown and uncontrollable, maybe it’s time to focus on what’s within your control. And maybe a move abroad - somewhere to ride out the chaos in a beautiful location - is just the solution you need.

Aside from a safety hatch, there’s another big benefit of going abroad: Saving, or potentially eliminating, US taxes on your earned income.

In today’s SMC Alert, we’ll detail how you can do so with the Foreign Earned Income Exclusion (FEIE), the Foreign Housing Exclusion and Deduction (FHE), and Foreign Tax Credit.

And we’ll provide some generic examples, so you can gain a better understanding of what may be best for you.

You can access this SMC Alert here.

As we release this SMC Alert, there’s a lot of post-election uncertainty in the United States. And over the next few weeks, there might be continued uncertainty. It’s possible that the election results remain unclear even into mid-January. All the while, peaceful protestors could swarm D.C. and other cities. Or maybe hours after this hits…

- Members Only Content -
You need to be a member of Sovereign Confidential to access this content.

Neither this document, nor any content presented by our organization, is intended to provide personal tax or financial advice. This information is intended to be used and must be used for information purposes only. We are not investment or tax advisors, and this should not be considered advice. It is very important to do your own analysis before making any investment or employing any tax strategy. You should consider your own personal circumstances and speak with professional advisors before making any investment. The information contained in this report is based on our own research, opinions, as well as representations made by company management. We believe the information presented in this report to be true and accurate at the time of publication but do not guarantee the accuracy of every statement, nor guarantee that the information will not change in the future. It is important that you independently research any information that you wish to rely upon, whether for the purpose of making an investment or tax decision, or otherwise. No content on the website (SchiffSovereign.com) or related sites, nor any content in this email, report, or related content, constitutes, nor should be understood as constituting, a recommendation to enter into any securities transactions or to engage in any of the investment strategies presented here, nor an offer of securities. Schiff Sovereign employees, officers, and directors may participate in any investment described in this content when legally permissible, and do so on the same investment terms as subscribers. Schiff Sovereign employees, officers, and directors receive NO fundraising commissions from companies who appear in this report.
👋 Click here to access the Sovereign AI Chat Bot 👇
Click here to access the Sovereign AI Chat Bot