Skip to comments.Soldier of Fortune? The Proís and Conís to Contracting Overseas
Posted on 07/17/2015 11:20:06 AM PDT by w1n1
Today, there are hundreds of thousands of men and women working overseas on various contracts and making good money, probably two to three times what they can make in the United States. On top of that, they may even be eligible for the foreign earned income exclusion, which in 2014 meant that the first $99,200 of their total income earned overseas was excluded from being taxed at the Federal level (its higher for 2015). However and I cant emphasize this enough they are earning it!
Naturally, the best-paying jobs are in high-threat environments such as Iraq, Afghanistan, Syria, etc. Yes, these places can be dangerous. Since 2001 over 3,300 civilian contractors have been killed, and almost 95,000 were injured in Iraq and Afghanistan alone. The vast majority were third-country nationals, or TCNs, from places like Peru, Colombia, Philippines, Fiji, Uganda, Kenya, Egypt, Pakistan and so on. There were thousands of casualties from the US as well. In reality, the odds are that you will not be injured, but you need to be aware that the possibility certainly does exist.
On the other hand, there are thousands of jobs in less risky places such as Kuwait, Qatar, India, Saudi Arabia, Africa, Antarctica (no kidding! there are actually waiting lists) and South America. It all depends on your skills, your sense of adventure and what you are willing to put up with. What are you willing to put up with? Can you live in a tent with a bunch of other guys in a remote, hot, dusty location for weeks on end, peeing in bottles or sharing a drafty wooden outhouse, enduring occasional rocket and mortar attacks and eating only military rations or local food?
Can you work with people from foreign cultures who are very strange to you? How about personal space? Again, the idea of personal space is different in every culture. Some of these folks will stand right up next to you while they talk. If you keep backing away they are going to think something is wrong and be offended. Read on for more information on hi threat jobs here.
Does working with liberals count as working with people of a strange culture? Can we get paid extra and get foreign income exemption?
May have something to do with that whole tax free thing...maybe!
Apostrophe’s are cheap overseas.
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