the issue here is that IRS in that text refers to people who simply live in some place 'all the time' but are confused by what tax resident term is, so they say 'wherever you always live', but it is relevant only to normies who just live all their life in︀ same place, occasionally going to vacation abroad. which was 99% of all people, until recently.︁ the digital nomad trend is relatively new, and the IRS wording is probably from 90s︂ or even 70s, go figure... the nomads who stay a few months in each country︃ or just travel a few years in a row, are in a confusing situation when︄ not many 'existing rules' are defined for their use case.
@JustAnotherNomad is correct about the︅ fact he simply cannot use "his current address where he lives in the last few︆ months" for example, if audited (and IRS does random audits, of course their thresholds are︇ the 400k+ folks, since they spend audit time only on big fish to extract actually︈ underreported $ and fill the chests, that's their job) they will demand proper documents, if︉ any "discount" (deductions) was claimed. in my case I paid the US taxes in full,︊ during my short 4 years living and working there, also for the year I left,︋ because I was still tax resident, even though I could split that year in 'two'︌ (before leaving and after leaving) but the hassle and risks of audit in 'special cases'︍ just outweighs the few thousand bucks or whatever i could save on claiming double residency︎ for that year. the accountant who filed my taxes also said it's better to overpay️ a bit that the small chance of getting into audit troubles with IRS, and 'deductions' especially if major sums involved, are algorithmic trigger for higher audit chance in the system there. so the less 'questionable/arguable deductions' the better my sleep is.
MNE recently created a new digital nomad visa, valid until year 2025 or smth. it can be made for 2 years and then extended up to︀ another 2 years. zero tax, because they just want to bring people who earn $︁ abroad, and by living in the country they boost local economy by spending on rent/food/etc.︂ their 'normal tax rate' for locals is 15% (was 9% until 2022), so giving nomads︃ a benefit of 0% is still worth it, looks attractive and brings them free inflow︄ of cash to the country, and costs them nothing, because nomads must have job outside︅ of MNE. and Italy I just briefly read about it, they have that visa for︆ a while, if you settle to live in North Italy they tax 10% flat, if︇ in South it's 5% in most regions and 0% in Sardinia or smth like that,︈ need to read in detail and check up to date info since it might change.︉ Sardinia also gives 15k Euro towards property purchase if relocating to actually live there most︊ of the year (become resident) in villages that are low population and need people to︋ boost economy (it works only in villages of less than 3000 residents, so basically tiny︌ remote towns, but these are all on the beach like let's say Przno, Sveti Stefan,︍ in Montenegro - life is a dream
😛 , I love those places) haven't been in︎ Sardinia but I browsed the map and saw it's quite nice. not like a 'village'️ in USSR or Asia (bamboo houses
🙂 ) more like Greece and Cyprus.
check out this place for example
Sveti Stefan · Montenegro , these are small villages between Budva and Bar in MNE on the coast line, lovely places. I live 5 minutes from there, but not in Budva itself (the city was a bit expensive for me so I bought a house in Przno, 10 minutes from city, instead)
not every small village of course has such a tourist hot spot like Sveti Stefan lol, but the vibe is same. I like the clean water. And in north of MNE there's Durmitor park, Zabljiak︀ ski in winter, and mountains around there, they sell wild strawberries during summer, those tiny︁ ones, my favorite berry ever
😛). For now I live in Thailand though, but MNE︂ is awesome, maybe will go there again and make use of that visa as well.︃ UAE made a nice nomad visa recently, 0 tax, not sure why the talk in︄ the thread is bashing UAE, did I miss anything? ns2
@JustAnotherNomad I found info about the︅ visa in detail, "Digital nomads who hold D Visas or TRPs are exempt from therequirement︆ to pay personal income tax in Montenegro andmay bring in qualifying dependents, who will be︇ issued dependentpermits that enable them to reside in Montenegro." here
https://assets.ey.com/content/dam/e...s-and-residence-permits-to-digital-nomads.pdf
lol google showed me︈ a snippet because it indexed their PDFs, they're rated very high, probably a good folder︉ with tax related info
😀 I wonder if it's intended or leaked to google crawlers by︊ lousy admins ahah
