Just wondering if US citizens retiring in VN with visa exemption have to pay taxes on investment income, or other income or 401K withdrawal? I'm not talking about income made in VN but like US stock investments, US rental income,... and 401K withdrawals.
Appreciate any info
The answer is NO. Uncle Sam will have first dip on it and since US and VN have treaty on that tax matter, you won't be taxed twice.
Just wondering if US citizens retiring in VN with visa exemption have to pay taxes on investment income, or other income or 401K withdrawal? I'm not talking about income made in VN but like US stock investments, US rental income,... and 401K withdrawals.
Appreciate any info
-@qnbui
The tax question answer is you will just pay USA tax on your worldwide income.
Vietnam Visa Exemption Certificate as writen in immigration law is for visiting not residence. Many think it qualifies someone for everything that a TRC does but thats a misconception. Good luck with your transition to ret.
@qnbui
Yes! Always! I remember reading somewhere that it is generally good to be in a state (registered) that has a lower tax rate when one travels abroad. I need to dig up more information on that.
@yng68bld @pogiwayne Thank you!
Before you move to Vietnam, it is prudent to get up to speed on local tax laws. As with any country, this is ...
If you are working in Vietnam for either a local or foreign business you officially face significant tax ...
Individuals who reside or expect to reside in Vietnam for 183 days or more in a given tax year, are treated as ...
If you're considering moving to Hanoi, or Ho Chi Minh City, the dating scene may be of interest to you ...
The telecommunications sector in Vietnam has flourished throughout the past two decades. Like many foreigners ...
If you are planning to move to Vietnam with a pet, there are a number of formalities that have to be completed ...
