Another point I forgot to make, as a non-us resident I noticed that foreigners are required to submit more and more paperwork (accountants usually charge 200-500 USD per form) to submit to the authorities. In essence more bureaucracy for foreigners which usually leads to more costs.
Thanks for the input, makes total sense!
FYI, a corporation in Estonia is about $1000-1500 annual full accounting and compliance support. Not sure how much is it in Singapore or Dubai.
Another point I forgot to make, as a non-us resident I noticed that foreigners are required to submit more and more paperwork (accountants usually charge 200-500 USD per form) to submit to the authorities. In essence more bureaucracy for foreigners which usually leads to more costs.
That’s interesting. I guess the market makes it so.
I already pay thousands for my US tax prep (CFC, FEIE and such), so it doesn’t shock me 😅
That’s interesting. I guess the market makes it so.
I already pay thousands for my US tax prep (CFC, FEIE and such),j so it doesn’t shock me 😅