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Search resuls for: "Alex Ingrim"


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"I've grown up with the American perspective that your career is really important," Ingrim tells CNBC Make It. Ingrim has worked for financial service companies across Europe, which typically provided 25 vacation days per year on top of around 10 public holidays. "If you go to a party in the U.S., one of the first things people do is ask each other what they do for work," Ingrim explains. The social norm reflects an overall culture that prioritizes life outside of work more so than the typical U.S perspective. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.
Persons: Alex Ingrim, I've, That's, Ingrim, He's, Chase Buchanan, Louisa Organizations: CNBC, Chase Buchanan USA Locations: U.S, France, Malta, Italy, Europe, Florence
In his years helping Americans move overseas, he says one major expense ends up not be worth it: paying to ship your belongings to your new home. "You can't just pick up everything from your old house and put it into your new house in Europe," Ingrim tells CNBC Make It. A lot of times, larger furniture pieces simply don't fit in oftentimes smaller European spaces, he says. The good news is that people are often "pleasantly surprised" at "how much cheaper a lot of the furniture is in Europe," Ingrim says. That goes for appliances, too: "A new kitchen in Europe is a lot cheaper than it is in the U.S."
Persons: Alex Ingrim, Louisa, Chase Buchanan, It's, that's, Ingrim Organizations: Chase Buchanan USA, CNBC Locations: San Diego, France, Canada, Malta, Italy, Ingrim, Florence, Europe, U.S
Take it from Alex Ingrim, who's originally from Washington, but left the U.S. to study in France, where he met his now-wife, Louisa. Over the last 17 years, Ingrim, 36, has lived in France, Canada, the UK, Malta and now Italy. That's the minimum amount of time you'll need to start shopping and doing chores like you live there, Ingrim says. "If you go for two weeks, you're not really fully going grocery shopping," he says. "Try to understand the realistic budget for how you live," Ingrim says.
Persons: Alex Ingrim, who's, Louisa, He's, Chase Buchanan, Here's, del, Ingrim, Ingram Organizations: Chase Buchanan USA, CNBC Locations: Washington, U.S, France, Canada, Malta, Italy, Florence, Europe, del Sol, Spain, Cyprus
The survey, which has been running for a decade, reflects input from nearly 12,000 expats representing 177 nationalities in 181 countries or territories. John Coletti/The Image Bank Unreleased/Getty ImagesA longtime retirement destination for Americans, Mexico also has attracted more families and the digital nomad set over the past few years. Pros: Mexico ranked first in InterNations’ 2023 Expat Insider survey and has ranked among the top five countries since 2014. Cons: As is the case in Mexico and other countries with large expat communities, there’s growing backlash against the influx of foreigners, especially Americans, and especially in Lisbon. That popularity among auslanders has contributed to a housing pinch in major cities, especially Berlin, where finding accommodation is one of the most stressful aspects of a move.
Persons: It’s, Megan Frye, Frye, , , We’ve, John Coletti, San Miguel de Allende, margarita, Sean Pavone, expats, Alex Ingrim, Chase, Ingrim, it’s, pollsters, they’re, it’s MVV, Arielle Tucker, that’s, auslanders, Andriy Kravchenko, “ Costa, ” David Lesperance, Costa Rica’s, “ Tico, Sebastien Lecocq, Lesperance, he’s, what’s, Emily, ” Tucker, Roth, Tucker, Carte Organizations: CNN, Invest Overseas, Braga, InterNations, Mexico, National Institute of Statistics, Human Rights Watch, Visa, USA, CNN Travel, , Spain, International, Travel Association, pollsters Gallup, Michelin, Changi, Cons, United, Costa Rica Costa, Central, Costa, Lesperance, Associates, Panama Panama, Miami of, Panama City, Panama Qualified Investment, Panama Golden Visa, France France Locations: Valencia, Spain, Portugal, Mazatlán, Mexico, United States, Mexico City, Michigan, Mexico Mexico, Plaza Carso, Polanco, North America, , Oaxaca, San Miguel, Playa, Carmen, InterNations, Portugal Portugal, Porto, Douro, Europe, Lisbon, Western Europe, Madrid, Barcelona, Seville, Bilbao, Catalonia, Catalan, Netherlands, Amsterdam, Statista, Haarlem, Delft, Leiden, Maastricht, Washington, Miami , New York, San Francisco, Germany Germany, Munich, Germany, Berlin, Frankfurt, Stuttgart, Switzerland, Singapore Singapore, Singapore, Asia, Entre, Costa Rica, , “ Costa Rica, Costa Rican, Panama City, Miami, Miami of Central America, Panama, North, South America, Italy, Venice, Italian, Paris, France, Lyon, Strasbourg
"It typically doesn't make financial sense, and there's a few reasons why," said Italy-based Alex Ingrim, a financial advisor at Chase Buchanan Wealth Management. While there may be some instances where "the pain of being American" arises in the tax liability, "you're very rarely double-taxed" as an American, Ingrim said. Similarly, if you earn Portuguese income and pay Portuguese income taxes, you will get some credits on your U.S. filing for taxes paid overseas, according to Boudreaux. However, they still have the U.S. tax liability. "For those people, it's a pain, and [they] opt for giving up their citizenship to avoid paying taxes," Ingrim said.
Persons: Alexander Spatari, Alex Ingrim, Ingrim, Jude Boudreaux, expats, Boudreaux, Jordi Mora Igual Organizations: Chase Buchanan Wealth Management, Planning, Social, CNBC FA Locations: Italy, New Orleans, U.S, Portugal, Monaco, Dubai
Portugal is ending a hefty tax break for foreigners in 2024 that incentivized many to move there. But come 2024, it will be significantly more expensive to live there if you're coming from another country. Now those moving to Portugal in 2024 and beyond will have to pay the same amount of income tax as everyone else, Le Monde reported. Americans already living in Portugal, like Dan Bagby and his wife, Michelle, who moved to Lisbon from Texas in 2021 , won't be immediately affected. But with the cost of living going up and reaching levels of parity with other countries, foreigners may not move to Portugal at all.
Persons: reconsidering, , Alex Ingrim, Chase Buchanan, António Costa, Le Monde, Ingrim, Jose Manuel Ribeiro, it's, Dan Bagby, Michelle, Dan, Michelle Bagby, Bagby, We've, I'm Organizations: Service, Reuters, The New York Times, Citizen Solutions, Eurostat, Associated Press Locations: Portugal, Lisbon, stoke, Texas, Austin , Texas, France, Italy, Spain
A real estate agency window in Alicante, Spain. Sopa Images | Lightrocket | Getty ImagesMore Americans are flocking to Spain for longer, whether as so-called digital nomads working abroad or to enjoy a new life in retirement. In addition, the home prices that grew the most in the same period were paid by Americans, according to the report. According to the General Council of Notaries report, American buyers are focusing on urban areas like Madrid — as with any big city, people are attracted to its job opportunities and amenities, said Ingrim. However, Americans who want a different retirement or remote work experience and an adventure by relocating to Spain should take a few factors into consideration.
Persons: Danes, Cash, Alex Ingrim, Chase Buchanan, Jude Boudreaux, Ingrim, Boudreaux, doesn't Organizations: Getty, General, Finance, CNBC's Locations: Alicante, Spain, Florence, Italy, Madrid, Andalusia, Valencia, Europe, U.S, New Orleans, American, Portugal, Spanish
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