How did you end up living in the DR?

Wag

New member
Feb 4, 2005
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Gringo said:
I came here for the Big Bucks..............Tax free at the time!

Gringo

Tax free up to 80K a year. After that you have to pay uncle sam for the difference.
 

Criss Colon

Platinum
Jan 2, 2002
21,843
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yahoomail.com
I Came Here for 3 Reasons...The WOMEN,The WOMEN,..and "Oh YES!",

The W-O-M-E-N!!!!!!!!!!!!!!
CCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCC
 

Timex

Bronze
May 9, 2002
726
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Wag said:
Tax free up to 80K a year. After that you have to pay uncle sam for the difference.

Thats if your single.

Married and both working Abroad, up to $ 160,000.

Not including
Foreign Housing Exclusion and Deduction.

After deducting $ 11,581. per year, anything else you covered is excluded also.

Or $ 31.64 on a daily basis.

So if you spend $ 45,000. @ year in housing and utilities, subtract the $ 11,581. you can Exclude another $ 33,419. from you Gross Taxable income, for a grand total $ 193,419. in tax free income.

You now start tacking your stateside deductions, for the home you are maintaining in the U.S. and stretch it some more.

As always, see a professional Tax Attorney, for advice, never and I do mean never believe anything on the Internet.

Tim H.
 

MommC

On Vacation!
Mar 2, 2002
4,056
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dr1.com
If you really want to know.......

Go read my blog.

How it all began starts Here

However for the rest of the story you need to read the whole blog.

<a href="http://dr1.com/blogs/?u=MommC" target="_blank">One Click will do!!</a><br /></div>
 

paulinehh

New member
Jul 29, 2005
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hollidays

canadiangirl24 said:
Those of you not originally from the Dominican, how did you end up there?

i went in 1991 to visit my german uncle who worked for the shell as an expat. during my scuba diving lessons i met my husband, we are married now for 8 years. we lived both in SD and in Holland. as you see, a holliday lover sometimes can last long!!