Background: I am an engineer making 140K in the US and I've been offered an academic faculty position in New Zealand. I love NZ (spent 6 months there as an undergrad) and the academic post would let me work in a field I am passionate about. The catch is that the offer in NZ is a little more than 1/3 of my current income once converted to USD.
To make an educated decision, I need to make a realistic budget. To make a budget, I need detailed information on how my finances change as I move overseas. Here are some topics that I don't know enough about and worry might have big 'gotchas' if I take the job:
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NZ taxes
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US taxes on expats
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US student loans (I still have ~100K in US student loans but they can go on income based repayments)
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NZ moving costs and immigration fees
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etc.
Does anyone have experience with this situation? Was there anything you know now that you had wish you had known then?
Thanks!
Submitted May 20, 2017 at 02:22PM by downvoteflypaper http://ift.tt/2qFIMwM
