I've been living abroad since 2007, living in Italy, Spain, Argentina, Brazil, India, Colombia and Mexico. I'm a US citizen. For US citizens interested in working on their business, you should know this: if you live outside of the US for 330 days in any 365-day period, you can deduct 100% of the taxes on your income, up to $91,400...
So I lived in India and Italy and Mexico/Colombia for the last year, earning in dollars, spending in rupees and pesos. For americans who have their own web business, it's something to think about....
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I've been living abroad since 2007, living in Italy, Spain, Argentina, Brazil, India, Colombia and Mexico. I'm a US citizen. For US citizens interested in working on their business, you should know this: if you live outside of the US for 330 days in any 365-day period, you can deduct 100% of the taxes on your income, up to $91,400...
So I lived in India and Italy and Mexico/Colombia for the last year, earning in dollars, spending in rupees and pesos. For americans who have their own web business, it's something to think about....
this is good tax saving tips :) staying in home country (may be india in your case) with us citizenship still enjoying the monetary benefit of USA.