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Moving from the US to the EU soon... Any advice? (sopuli.xyz)

submitted 1 month ago* (last edited 1 month ago) by frank@sopuli.xyz to c/asklemmy@lemmy.ml

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Hi all!

We're very excited to move to Denmark soon as lifelong Americans. I have a good job lined up, and we're set on a place to live for a while.

Any advice from people who have done it, looked it up, had friends who have done it, etc? Just in general :)

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[-] tiredofsametab@fedia.io 5 points 1 month ago

yes, be very careful of PFICs. I can't use any of Japan's versions of ISA/IRA because they all end up being PFICs which are awful to deal with on the US and more than destroy any tax advantage of putting money in them.

this post was submitted on 10 Oct 2024

169 points (98.3% liked)

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