BootsnAll Travel Community

quote:

Originally posted by delara:
Just think of it like so:

If you physically work and are paid in more than one state (i.e. you did a job for a company in Massachussetts but usually live and work in New York) you have to file taxes in each state you earn money in. It's the same thing for being overseas. I'll let you know in a couple of months whether or not they tax me (and I hope they don't because I get ripped for taxes now!)

And on the banking -- usually the overseas banks that allow you to have a multi-currency account will have a salary requirement. Doesn't help the freelancer much. Although, I'd recommend checking in to Citibank as they have a heavy worldwide financial presence.

As for opening an account overseas, I can only give you the UK answer: you need a utility bill dated within the last three months prior to the desired opening date with your current mailing address. My bank also asked for proof that the bill had been paid, which meant showing the an official bank statement (I know -- catch 22 if you do not have a bank!) or getting a special letter from your utility co/waiting for the next statement to arrive. This also means you already need a flat, and likely a job to afford a flat, so (vicious circle)... Point? Definitly check the banking regulations in places you plan on settling prior to settling!