How Self-Employed Expats Lose Money in Their First Year?
Time when Self-Employed Expats as first year abroad as a self-employed expat is exciting, disorienting and, for the vast majority of people who live through it, quietly expensive. Not expensive in an obvious way. There are no dramatic moments where a single bad decision wipes out your savings. The losses come slowly, through overlooked tax obligations, the wrong banking setup, a business structure that works against you and retirement contributions that simply never happen because nobody explained they still should. By the time most self-employed expats realise what the first year has actually cost them, they are well into their…
