Go Curry Cracker Forum

Go Curry Cracker => Expat life => Topic started by: Mnoffice on August 06, 2019, 12:21:17 AM

Title: Taxes in Europe
Post by: Mnoffice on August 06, 2019, 12:21:17 AM
Hi Jeremy
I  have been following your blog for a long time and have learnt a lot from you.
I have seen in your blogs that you might be interested in moving to Spain or France later.
The tax on US based income is quite high in both those countries,
If we have a dividend based off US investments and capital gains that we are hoping to realize.
My SO is European and we prefer to live there but I am quite concerned  about the high tax on dividends except portugal. US is  friendly for early retirees but i guess the high healthcare costs offsets that.  Do you have any information on that?
Title: Re: Taxes in Europe
Post by: gocurrycracker on August 06, 2019, 07:34:08 PM
The tax on US based income is quite high in both those countries,

I'll just pay the taxes. It's an expense and you budget for it.

You could spend a few years harvesting capital gains to raise basis before moving to a higher tax country/state.
https://www.gocurrycracker.com/harvesting-massive-capital-gains/