Hi all,
I've been living here in the DR working remotely for a US based company as a 1099 worker. I get paid in US dollars to my US account. My employer just found out that I now need to be a W2 worker because my duties as a 1099 do not fit the requirements. But they cannot pay me as a w2 worker living outside the US. They found a company here in the DR that they can pay and that company here will pay me as a DR employee paying DR taxes. The dollar amount will not be affected in terms of salary. Here are my questions:
1. About what % of taxes can I expect to be taken out?
2. Any pros to this? Do I get DR SS at least?
3. I have student loans and other obligations in the US--any crazy way I can still get direct deposits on the US account?
4. Anyone know of a very very good accountant here in the DR?
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I've been living here in the DR working remotely for a US based company as a 1099 worker. I get paid in US dollars to my US account. My employer just found out that I now need to be a W2 worker because my duties as a 1099 do not fit the requirements. But they cannot pay me as a w2 worker living outside the US. They found a company here in the DR that they can pay and that company here will pay me as a DR employee paying DR taxes. The dollar amount will not be affected in terms of salary. Here are my questions:
1. About what % of taxes can I expect to be taken out?
2. Any pros to this? Do I get DR SS at least?
3. I have student loans and other obligations in the US--any crazy way I can still get direct deposits on the US account?
4. Anyone know of a very very good accountant here in the DR?
Sent from my iPhone using Tapatalk