After 20 years traveling or living in 63 countries, these are 7 things I wish I knew before going overseas. Watch next: UK Culture Shocks https://youtu.be/UQ1Vypg8vbw
Resources Mentioned In This Video:
* Online Money Transfer Account: https://bit.ly/travel_wise
* Travel Insurance I use: https://bit.ly/world_nomads_travel
* Digital Nomad Visa Database https://bit.ly/DigitalNomadDatabase
* Living Like a Local in France: https://www.badassdigitalnomads.com/living-like-a-local-in-france-italy-language-lifestyle-cost-of-living-and-more/
* Taxes for Expats: https://www.badassdigitalnomads.com/category/taxes-and-personal-finance/
Welcome to my channel! Stay in touch with my weekly travel newsletter: https://bit.ly/twktravel
Living Abroad: 🌍
Get support for an overseas move by applying at www.TravelingwithKristin.com/relocation
Watch next: 👀
1 What I Don’t Like About Living Abroad https://youtu.be/ZwxGU1jhPKs
2 What I Love About Living Abroad https://youtu.be/JmE3RuO3wOI
3 How I See the US After Living Abroad: https://youtu.be/DO5x_tJBn7w
4 My Experience Living Japan as an Expat: https://youtu.be/98QaPFRIb9Q
5 Living in the UK as an American https://youtu.be/UQ1Vypg8vbw
🎙 Subscribe to my travel and remote work podcast: https://bit.ly/BADNplaylist
My Favorite Travel Gear: ✈️
Merino Wool Clothing: https://bit.ly/unboundmerino_twk
Amazon Travel Store: https://bit.ly/Amazon_TravelingWithKristin
Digital Nomad Tools: 👩💻
Digital Nomad Visa Database: https://bit.ly/DigitalNomadDatabase
Digital Nomads For Dummies Book: https://amzn.to/3JLLx5c
Freelance to Freedom Course: https://bit.ly/quityourjobcoup
Chapters:
00:00 Intro
00:24 Seize the Day
2:00 This Is Your Life
3:54 Changing Your Citizenship
6:17 Filing Taxes
8:21 Offshore Banking
11:39 Loneliness and Making Friends
15:06 How You Change
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👱🏻♀️ About: Kristin Wilson is the author of Digital Nomads For Dummies, the host of Badass Digital Nomads Podcast, and known as Traveling with Kristin on YouTube. She’s traveled to more than 60 countries and has been helping people move overseas since 2005.
❤️ Subscribe on YouTube: https://www.youtube.com/travelingwithkristin
📸 Follow on Instagram: http://bit.ly/TWKinstagram
PS: This video is for entertainment purposes only and is not consulting or advice. Video descriptions may contain affiliate or refer-a-friend links for products I use and recommend. Thanks for supporting the channel!
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#livingabroad #movingabroad #overseas
22 Comments
Hope you enjoyed this video! Here are all the resources I mentioned: ⬇
* Online Money Transfer Account: https://bit.ly/travel_wise
* Travel Insurance I use: https://bit.ly/world_nomads_travel
* Digital Nomad Visa Database https://bit.ly/DigitalNomadDatabase
* Living Like a Local in France: https://www.badassdigitalnomads.com/living-like-a-local-in-france-italy-language-lifestyle-cost-of-living-and-more/
* Taxes for Expats: https://www.badassdigitalnomads.com/category/taxes-and-personal-finance/
I learn English from your videos) I'm a beginner, but I understand almost everything. Thank you for your video's
If I have investments like dividends that generate x amount of money per month but I am living abroad, do I still get taxed ? If So, what state taxes me if am not even living in the US ?
Yes, please, do a video on various banks around the world that are "internationally minded".
Hearing more about banking overseas would be wonderful!
A bank account video would be great, thanks
From what I have been told by several is that now to renounce your US citizenship, its a battle to do such. Now that the IRS tracks you worldwide they don't want to give up your tax money. Because of that many banks won't touch you if you are a US citizen as they view you as a "lot of work and possible problem". I will have been outside the US for almost 4 years and probably wouldn't go back if I could find a remote job. That has been impossible to find for well over a year.
You can't buy car insurance in the UK without a UK bank account. They utterly refuse.
Bank acc't video… much needed! Thanks
Great video, but I wish there were more details about bank accounts. Wise is raising its fees significantly at the end of September, so a backup account is always a must.
Great advice. Do you find it easy to learn new languages? Sometimes I think they only way for me to learn is by immersion where I dont have a choice.
Do you use crypto to move money internationally at all?
Wise sounds awesome
Yay to expanding our thoughts and beliefs!
Such good advise! I made a career change last year into something that would allow me to travel more. I was abroad so much in my 20s, and I want to get back on the road asap.
Even though I don't live abroad, it is great to see how different apps like Wise have made money transfers much easier. This is great to know if I were to decide to live abroad. I also like how making friends can be pretty easy too especially now with there being more and more expats. Great video!
Thanks for your content. As always, it's so practical and relatable, and thanks also for sharing all these links and resources. In this particular video, #7 is my favorite. Living abroad for 6 years certainly helped me evolve so much, and I wouldn't change it for the world. I'll be back in my home country for awhile, but I'm already thinking ahead and looking forward to going abroad again.
Opened a HSBC account in Oman in '03. Had one in the UAE from '05 til '10. Since then they are closeing branches all over the world. Closed mine in Canada ('21) they don''t have branches in Ireland, they've closed in Cyprus and in Turkish North Cyprus. Right now I've one HSBC Premier in the UK but don't know how long that will be usable as they've closed branches in Northern Ireland. When I applied for a Kenyan travel visa last year ('22) HSBC UK wouldn't recognize the Kenyan Goverment payment page. So what good are they?
Thank you for sharing some of the things that you have learned over the past 20 years. If I had known some of these things years ago, my life would be very different.
Would love a video dedicated to bank accounts. Love your videos.
Kristin, you are such an inspiration. I wish I had moved abroad sooner, only moved to Scotland earlier this year and it’s life changing for sure. ❤
You are such an inspiration, Kristin. I’m back in the USA after 3 weeks in Europe and reverse culture shock is a thing even after such a short time.