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Thinking Of Working Abroad For A Few Years - A Few Questions.....


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#16 inflating

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Posted 06 March 2012 - 04:21 PM

Good luck to the OP, I'd say go for it

Can I just ask:
I am in Poland short-term so far, if I were to become resident in Poland and pay income tax in Poland on my UK savings account interest I reckon I would be worse off as their earnings threshold is lower than the UK's

I prefer to be taxed in the UK on my savings interest earned in UK banks for the above reason -
is that still possible if I become non-res in the UK (as yet I am still res in the UK) ?

#17 swissy_fit

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Posted 06 March 2012 - 04:43 PM

Hi everyone, long time lurker to HPC and I have read here almost daily for many years. I am looking for a bit of advice from people on here as I may have a job oppertunity to leave the country.

Basically I have been in my current job (a subsidary of rolls royce turbines) for 8 years, the only job I have had since leaving college with my HNC in electrical engineering. I have worked my way from shifts to be a team leader in charge of maintaining our most complicated machines on site. My salary is 31k before overtime and seen as I still live at home I have been hammering the overtime, working 6 days a week almost constantly, taking my salary to around £40k. I feel fed up with the long shifts and 1 day a week off, but at the same time I really want to move out and have my freedom.

Seen as house prices are still stubbornly high here, I refuse to blow my hard earned deposit on a house that I feel is still way over priced. I have been approached by the manufacturer of one of our mahines, with an offer of working for them. Basically it would be based in Germany where assembly and programming takes place, then 4-6 months comissioning at the customers site per project.

Pay would be around 80k euros per year.

If I take this up, would I still be paying UK income tax rates? I feel this country is going nowhere fast and it would be a good chance to build the deposit faster and get to see different parts of the world at the same time. How difficult is it to work for a foriegn company as far as taxes and accounts are concerned? Also it would mean learning at least the basics of the German language which I would be willing to put the time in and do.

Im sure many peope on here have done this and Im just looking for opinions really, is the grass always greener on the other side or should I take the chance while Im young? (26)

This is a complete no-brainer IMO.
The only reason you need to ask is because you haven't moved away from the apron strings before, so you're a bit nervous.
Tax etc will be fine, some on here are afraid to go 10 miles from their backyard, don't listen to them.
The only drawback I can see is the 6 months at the client sites, but some of those will be interesting as well, depending on where they are.
With a little work, you could become multi-lingual.
Make sure you get decent terms for your 6-month stints at client sites, if you're not used to negotiating they'll try and put you up in a Formula 1 hotel with 1 flight a month.
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#18 Austin Allegro

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Posted 06 March 2012 - 06:03 PM

I work part of the year abroad and part of the year in the UK, and the tax situation has been a bit of a nightmare, to be honest. HMRC aren't too bad, but the NI people don't seem to know their **** from their elbow. To paraphrase Descartes, the only thing that is certain with tax is that nothing is certain...they seem to do things on a case by case basis. Hopefully your German employers can sort it out for you, if not, be prepared for a lot of hanging on the phone etc.

Don't let that put you off though, I'm glad I did it.
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#19 SaintJay

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Posted 06 March 2012 - 06:14 PM

Go - Germany is class. (unless you're a veggie)

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#20 porca misèria

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Posted 06 March 2012 - 09:06 PM

Go - Germany is class. (unless you're a veggie)

Germany is just fine for a veggie, too.

Last time I was there, I booked myself into a random Gasthof. Went down for an evening meal, looked at the menu, and they had a whole page of menu devoted to recipes based on ... Posted Image

#21 luke85

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Posted 06 March 2012 - 09:16 PM

Thanks for the info and advice everyone, genuinely appreciated.

Im going to go for it and see what comes of it, if nothing else it should be an intersting learning exercise.

Will update the thread with any more news and pictures of hot german ladies where necessary

#22 The Eagle

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Posted 06 March 2012 - 09:20 PM

Germany is just fine for a veggie, too.

Last time I was there, I booked myself into a random Gasthof. Went down for an evening meal, looked at the menu, and they had a whole page of menu devoted to recipes based on ... Posted Image


But are you aware that they use lard with everything?

As a veggie you have to explicitly tell them not to use lard for your dish, otherwise they will most likely use it.
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#23 jaydee

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Posted 17 March 2012 - 05:25 PM

Hi everyone, long time lurker to HPC and I have read here almost daily for many years. I am looking for a bit of advice from people on here as I may have a job oppertunity to leave the country.

Basically I have been in my current job (a subsidary of rolls royce turbines) for 8 years, the only job I have had since leaving college with my HNC in electrical engineering. I have worked my way from shifts to be a team leader in charge of maintaining our most complicated machines on site. My salary is 31k before overtime and seen as I still live at home I have been hammering the overtime, working 6 days a week almost constantly, taking my salary to around £40k. I feel fed up with the long shifts and 1 day a week off, but at the same time I really want to move out and have my freedom.

Seen as house prices are still stubbornly high here, I refuse to blow my hard earned deposit on a house that I feel is still way over priced. I have been approached by the manufacturer of one of our mahines, with an offer of working for them. Basically it would be based in Germany where assembly and programming takes place, then 4-6 months comissioning at the customers site per project.

Pay would be around 80k euros per year.

If I take this up, would I still be paying UK income tax rates? I feel this country is going nowhere fast and it would be a good chance to build the deposit faster and get to see different parts of the world at the same time. How difficult is it to work for a foriegn company as far as taxes and accounts are concerned? Also it would mean learning at least the basics of the German language which I would be willing to put the time in and do.

Im sure many peope on here have done this and Im just looking for opinions really, is the grass always greener on the other side or should I take the chance while Im young? (26)



It seems there is nothing 'forcing' you to go - such as onerous debts or precarious employment - if so this can be a slight disadvantage because it will require perhaps a little more courage to 'pull the trigger' and go. If you don't go - you may regret it bitterly in years to come. Change can be a bit unnerving - but worth embracing - and as your only 26 there should be plenty of other overseas opportunities for you if this turns out not to suit. The zero tax regimes of most middle east countries may be worth exploring.

Kurt Barlow was right regarding the 90 day rule regarding domicile status. Also - you can continue to pay NI insurance contributions while you are away - and IMO it's well worth doing so. The UK is in ruins - even worse than it was in the early 80's. Don't think twice - get out while you can - there is a whole new and exciting world out there - this ship is going down - don't get sucked under.

#24 Democorruptcy

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Posted 18 March 2012 - 11:34 AM

Hi everyone, long time lurker to HPC and I have read here almost daily for many years. I am looking for a bit of advice from people on here as I may have a job oppertunity to leave the country.

Basically I have been in my current job (a subsidary of rolls royce turbines) for 8 years, the only job I have had since leaving college with my HNC in electrical engineering. I have worked my way from shifts to be a team leader in charge of maintaining our most complicated machines on site. My salary is 31k before overtime and seen as I still live at home I have been hammering the overtime, working 6 days a week almost constantly, taking my salary to around £40k. I feel fed up with the long shifts and 1 day a week off, but at the same time I really want to move out and have my freedom.

Seen as house prices are still stubbornly high here, I refuse to blow my hard earned deposit on a house that I feel is still way over priced. I have been approached by the manufacturer of one of our mahines, with an offer of working for them. Basically it would be based in Germany where assembly and programming takes place, then 4-6 months comissioning at the customers site per project.

Pay would be around 80k euros per year.

If I take this up, would I still be paying UK income tax rates? I feel this country is going nowhere fast and it would be a good chance to build the deposit faster and get to see different parts of the world at the same time. How difficult is it to work for a foriegn company as far as taxes and accounts are concerned? Also it would mean learning at least the basics of the German language which I would be willing to put the time in and do.

Im sure many peope on here have done this and Im just looking for opinions really, is the grass always greener on the other side or should I take the chance while Im young? (26)


A bit about double taxation here
http://www.hmrc.gov....l/dta-intro.htm

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#25 abroad

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Posted 22 March 2012 - 06:39 PM

I'm a UK citizen and I lived and worked in Hessen for 6 years from 1999 and since then in Benelux region. There is absolutely no complexity on taxation.If you are employed in Germany and paying into Germany NI and Taxation then there is no tax to pay in the UK.

You just need to advise HMRC when you are leaving. There is no 90 day limit in the UK as long as you are not working here and remain registered in Germany and can be seen to pay tax an NI there. As long as that is the case you can argue that the centre of your economic activity is there and you are just here on holiday. There is however a 183 day limit that if you cross makes you resident in the UK .....although how they'd know I don't know. You'll get more holidays in Germany than the UK but not 6 months......

A few things to watch out for...

When in the year you move will impact your tax. Germany will count all income regardless of where it was earned in the tax year that you move there...... The UK will only count the tax on UK earnings until you leave but you'll get the full year allowance on the part year earnings.. So you'll get a tax rebate from UK and a penalty from Germany when you do your tax bill at the end of the year. so keep the UK money to pay the Germans.

I was married with a kid and was poorly advised to take out Privat Heath Insurance(PrivatKrankenkasse), I should have opted for the state system as we were a family. It may be cheaper for a single guy to be in privat system but get quotes, the company will help. Once you opt out to Privat its almost impossible to get back into state system so choose carefully Its a fair amount so watch it.

Tax wise you'll get a rough idea from site below but you won't pay less taxes than you do in the UK. Don't pay the church tax, say no religion on anything you fill in.

http://www.parmentie...r/incometax.htm

Most people rent and its very easy, you don't even need a deposit as the bank will arrange a bond for you and you pay something like 0.5% of the value annually. If you get chance of a company car take it, tax is nowhere near as onerous as in the UK. Plus its less hassle and no need to be left holding a LHD if you decide to move back.

Be careful about thinking about pulling contributions back to the UK from Germany, German OAP is likely to be better than UK for year on year contriutions. I'm not even sure its possible. You can be paid an EU pension anywhere in the EU.

I found it a great experience and I would move back to Germany but only to certain Lander. Personally in my view the further south you go the better the weather but the funnier the folk. Bayern or Baden Wuertemburg are very nice , especially in the south.

Take language lessons before you go, you'll need them. I was advised before I went that people who work abroad for at least 5 years are 75% likely to earn at least 50% more than their peers at home should they return as the international experience carries a lot of weight with employers. I thought it was BS as I was already well paid but I would not agree that its the case after 12 years and having spoke ot other UK folk who have lived abroad for extended periods..

Edited by abroad, 22 March 2012 - 07:02 PM.


#26 Son of Taeper

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Posted 23 March 2012 - 07:01 PM

I'd jump at it.
Language is so easy to pick up,
Lifestyle leaves the UK in the dark ages.
The views expressed in my posts are my own based upon what I read on other information supplied by other HPC members.
These should not be used a a definitive answer to any posts I attempt to answer.

#27 mpprh

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Posted 28 March 2012 - 06:57 AM

Another supporter for making the move. I've been resident in UK, Belgium, Sweden and France.

You only need 30 yrs contributions (top up years cost around £650) to get a full UK state pension. Your other pensions will be higher and payable earlier.

Aim to move back to UK and buy a house without a mortgage - and life suddenly gets easier !

Many decide they like "foren" and stay. I'm currently in South France and there are quite a few retired Brit expats around.

Send me a PM if you need more info.

#28 luke85

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Posted 05 June 2012 - 11:48 AM

Thanks for the advice and opinions guys. Contract signed and working out my notice now! 2 weeks left working in the UK, followed by 3 weeks on a USA tour that Ive always wanted to do then start work in Germany on 1st August.

#29 swissy_fit

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Posted 05 June 2012 - 12:46 PM

Congratulations - good choice.
Hope Germany doesn't leave the Euro, it's the only circumstance in which I can see you regretting this move!
If you want to know what the next political move will be, ask yourself what will suit the banks, and behold, the answer will come to you.

The Credit Crunch :
The logical financial outcome is deflation. The logical political outcome is inflation. (Thanks to Injin 21st Sept 2008)

#30 FaFa!

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Posted 06 June 2012 - 03:52 AM

Best of luck - keep us posted on how you get on!
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