Where Do I Start to Move Abroad? | 10 Money Moves to Make Before Moving Abroad | How to Leave the US
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- เผยแพร่เมื่อ 16 มิ.ย. 2024
- Where Do I Start to Move Abroad? | 10 Money Moves to Make Before Moving Abroad | How to Leave the US
If you want to leave the United States of America, move to a new country, and become an expat, it doesn't have to be overwhelming. I moved abroad with my teenager back in 2016. I'm sharing what I've learned along the way.
🎯 RESOURCES MENTIONED IN THIS VIDEO
📞 BOOK A 1:1 CALL WITH ME: bit.ly/askadalia
📝 MOVE ABROAD CHECKLIST: bit.ly/Move-Abroad
🏠 HOW TO CHANGE STATE DOMICILE: www.form8621.com/expat-moves
💸 PAYING TAXES AS AN EXPAT: • Do I Have to Pay Taxes...
🚨 HANDLING EMERGENCIES ABROAD: • What to Do If You Get ...
💀 WHAT YOU NEED TO KNOW ABOUT WILLS: • What You Need to Know ...
📺 10 MONEY MOVES YOU NEED IN YOUR 20s TO SET YOU UP FOR YOUR 30s: • 10 MONEY MOVES YOU NEE...
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#blackexpats #expat #moveabroad
![How I See the US After Living Abroad for 15 Years [CULTURE SHOCK]](http://i.ytimg.com/vi/DO5x_tJBn7w/mqdefault.jpg)
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Learned on October 2022 that Capital One does not handle international living abroad. No international VPN, nor foreign phone number. Also, in general, make sure you specify country you want to go to because that foreign country could be on the 'banned' list for that bank!!!
Yea. You need to keep your American number. Port it to google voice. Knock on wood no issues for me so far.
WHOA! You were dropping gems in this video - several tips I never heard before. Thanks so much for sharing!
I'm so glad it was helpful.
When you said “the oh sh*t fund,“ I immediately subscribed. 🙌🏼🤣#mytribe #mylanguage
Watched from the future and per usual it has so many gems 💎 and very relatable. Thankful as I’m continuing on my journey to retire abroad in Mexico 🇲🇽 October 2025! 🙌🏾💯
Great video! Unfortunately, we will move with debt or else we wouldn’t move for a long time. Creating a moving budget and sticking to a tight budget (with steady income flow) will allow us to pay all of our debt within a year (vs several years) by drastically cutting our expenses with the move abroad.
You've got a plan of action and that's awesome!
Comments I received from others living in the Far East, don't even think about using American Express. Leave it at home. Visa and Mastercard = yes
Just recently heard about taxes collected from foreigners in Colombia. There are really important things to look for besides the affordable lifestyle offered in certain places.
So glad we found you ! Moving abroad in 2026 . You have great info ! Thank you !
This is such great information. I moved to Mexico as a DN,. I just messaged my sister and told her I'm going to give her all access to my money and do an FPA and POD. This is about the only thing I hadn't done before leaving. I do monitor my credit via Credit Wise and Credit Karma so haven't done a freeze. I find living in Mexico I still use my credit card and am still paying off one. But I'm not adding to my debt. Moving to Mexico has allowed me to pay off 5 of my 6 credit cards. 1 left and it should be paid down in the next year.
I've seen you mention some shady practices you've seen on social media posts and things many people don't do when moving abroad. It'd be nice to see a video on that.
Great tips on opening brokerage accounts BEFORE leaving the US and having a financial power of attorney (while you're alive) to make sure your life insurance doesn't lapse and other things. Thanks.
Picky Girl Travels the World, you deliver “Very Informative”, strategical, and safe, actionable steps of “Musts and To Do’s” for those of us, like myself, that are in the process of ‘Getting Out’ and traveling with as much ease and free will as possible. Very much appreciated. 🥰Thank You🥰
Adalia this was on point. So much valuable information even for those traveling continuously and not totally relocating. Thanks
Thank you SO much for this video! I’m pretty financially illiterate and although I’ve been around expat forums for awhile, I haven’t made steps that I needed to handle. I’m kind of shocked how easy it was to open a brokerage account and I’ve got a list that I need to work through now
You're so welcome!
Great tips. You should also include setting up automatic payments for credit card balances and other critical services.
I love automated payments to make sure no payments are missed. And I love automated debits to make sure savings are going into the right buckets without me touchng it!
You are god-sent. I appreciate this so much. Sending many blessings, love, light, and success your way ✨
Just discovered you through Black Xpat group. Omgosh FINALLY, so great, clear, important information! THANK YOU!!! I just want to sit and listen to video after video of your now, and I plan to do so! THANK YOU!
You're so welcome
2024 I have to work on decluttering and getting money right. I already have my passport.
🙌🏾
Awesome info!
Very important information! Thank you!!!
Thank you for the valuable information.
So good thank you
Well done!
Great information…thank you for sharing
Great content
Thank you for a very informative video.
Good advice thanks for telling them that
Amazing information thank you so much we’ll be following these steps & booking our call soon !
I love how detailed your videos are!! Great info!
Powerful 💥
Solid advice.
Great info👍🏽👍🏽
Glad it was helpful!
Great info
Excellent info👏. Thank you!
Glad it was helpful!
Thanks for the video!
You're welcome!
Ooohhhhh this video is amazing!
thanks!
And yes I learned about POD this year and immediately implemented it!!!!
Great information, thank you very much!
You're most welcome
Thank you Adalia! Amazing information I've learned so much about getting your financial house in order before traveling & moving abroad! I'm going to book a coaching call with you soon!
Excellent presentation Thank you for your Wisdom and Sharing it❤
Love this, Adalia! So informative and encouraging that preparing financially to move abroad is actually doable. 🙏🏽
This is so informative! Thank you for sharing!!
Glad it was helpful!
Thank you for all that you have shared. I completed the video and I ended up with so much knowledge. This has empowered me.The lessons/insights you have shared with us could be used as a framework to strengthen one financially.Even if one does not move aboard.
Wow! Great video!
Glad you enjoyed it
An absolutely awesome, much needed video . Thank you so very, very much !,,
Glad you enjoyed it!
Thank you so much! This was so informative!!!
You are so welcome!
Great video! I learned a lot here
Glad it was helpful!
Thank you for this phenomenal information. It is so appreciated.
You are so welcome!
Wow! Thank you for being so thorough. This is helpful.
Glad it was helpful!
Excellent video! About to make a long-term move and definitely still have a few things to think through. Although this was more to the US audience, I still found many good ideas to research further.
Great video ❤
Glad you liked it!!
Such amazing information!!! I never thought about the probate issues that could arise. Thanks so much!
Glad it was helpful!
You are very knowledgeable and cover much detail, good video.. I read the link about state Domicile, still not sure how it works back in Florida. after seeing this video I am sure we're definitely ready to go. I had hoped that 5k , online tutoring and some housesitting would get us started. Oneday 🇲🇽 🇵🇹 🇫🇷
Learning a lot on your channel. It is really helping with our plans. Thanks and shared 👍🏽
I love to hear that!
Just discovered your channel. Loving the education.
Welcome! Glad you found me 😁
Extremely informative and helpful. Thankyou
Glad it was helpful!
Thank you so much for this information! Some of these things I would have no way of knowing without your guidance,. Thanks again for another awesome video💜💜💜
Happy to help!
Great video, I did everything, but the adding someone to my bank account. I do have someone as beneficiary of all my Financial accounts
This was incredibly informative! I was taking notes and have a new to-do list!
Glad it was helpful!
Amazing and very informative video. Thank you so much for sharing.
You are so welcome!
Adalia, this information was so very valuable, thank you so much.
You are so welcome!
These tips are really useful! Thanks!
Glad you like them!
Saved to my favorites. On.the money with this one....thank you! 💕
I did the same as you, saved this video.
Thank you so much Adalia....
You are so welcome
Thank you so much for sharing this information! I’ve heard and received 🙌🏾‼️
Glad it was helpful!
Tks, these r the questions I had. I do knowing must pay taxes in Amsterdam.
Thank you for all of this wonderful information. I was wondering about state taxes and living abroad and this answered it well! Thank you so much!
You are so welcome! I'm glad it was helpful to you.
EXCELLENT Video. Thank You So Much For The Information. Most Of It I Knew & Had Taken Care Of! The Access To Account Section I Had Not Considered! Most Helpful. Thanks, Once Again.🌹
Glad it helped!
Thank you
Excellent one
Thanks a lot!
Thank you Adalia! So many great points to dig into in this video. Also the podcast on Wills was excellent. We need to cover all bases to protect ourselves and loved ones.
Absolutely!!
This was very good information! I never would've thought about freezing my credit and the domicile info! Thank you Adalia!🙏🏾
You're so welcome
DEFINITELY a couple things I hadn’t thought about. Domicile 🤯 blew my mind!
Right?!
Great information on important matters that aren’t generally thought about when making your move abroad! I really appreciate you dropping the knowledge!
You are so welcome!
Thank you so much for this video. This is exactly what I have been searching for.
The question you need to ask yourself is how you feel about state income taxes.
@@AdaliaAborisade I'm from Los Angeles, California and my business is tied to this state, so I know that for me, there's no way around paying state taxes. Still in the early stages of research for pivoting my business so that I have local representation but can work from Mexico City. I work in intellectual property, so it's doable with a plan. You are the first person that I have come across that speaks about the realities of banking and taxes. So happy to have found you.
I’m soooooo grateful to be a member of this VILLAGE! I appreciate your willingness to help our community 🙏🏽…I was truly struggling with where to begin and get organized 😳
You are so welcome!
This was a big wake up call…this was an excellent video! Definitely need to have a soild plan before moving…thank you for all the information
You are so welcome!
Thanks!
Thank you for the support!
Great info: QUESTION Regarding freezing credit would you also recommend a credit monitoring agency?
I have a credit monitoring service included with roadside assistance.
If you get it for free I don't see an issue with it
Thank you for all the info; I'm glad I found this channel. It does seem kind of overwhelming, but I'm going to take small bites and do my research. I have a 5 year(hopefully less) plan to move abroad, so I'm going to start by getting rid of my credit card debt and earning more money/multiple income streams, as well as decluttering and minimalizing.
Best of luck!
This is such an amazing video. I'm 20 years old and it's my dream to move to a foreign country. I've been looking for good financial advice on how to make my dream possible. Your videos are the best I've seen so far. Thanks for this video.
I love that you're starting early. Time is your best advantage.
Thank you so much for this! If you only plan on working in the U.S once a year for 3 months should you still consider moving your Domicile state
This was excellent - thorough and extremely helpful. Thank you, Adalia!
One thing I would mention regarding the domicile state is that there may be other considerations for keeping it in a state that charges income tax - for instance, if someone is early retired and only draws from 401K some states have no tax for such withdrawals. So in my case I won't pay any income taxes since my income is just from IRA (rolled over 401K). Plus the state offers medicaid for adults so I can use that in case I travel back to US...
Yes, retirement status does play a role in figuring out what's the best option.
say it loud *
build your own sh** fund (get vex money) another great video!
"Obviously" nothin! You look great, your age does not matter one bit 💜
I went back and check my interest rate in my bank. It is 2.25 APY. I haven't been paying attention to the rate increase at all.
thank you
Adalia, thank you for this video. I watched it again. I currently live in New York City. My mom lives here and we are each other's beneficiary. My dearest friends I trust live in NJ and NY. These are both high tax states. I just don't know how I can change my domicile to FL or TX without living there. I may just have to pay NY taxes for a time. Once I leave the U.S, I never really want to return only to visit my mom and friends.
Texas is pretty easy to set up domicile. I'd be Florida is as well. Like something you could do a week or two before leaving the US. If I were you, I'd focus on how to end your domicile in NY. That may be the more difficult part.
Yes we’re interested in student loan debt
Noted
What do you think about Greece and taxes?
Good info!!!
Thanks!
Regarding the 4th tip, I receive ssdi and retirement. My ssdi is deposited in my debit account issued by social security. My retirement checks are deposited into my bank. Does the 4th tip still apply to my situation?
Have you videos specifically geared toward the disabled? If you don't, could you suggest a YT channel of someone who does?
I actually live in New Mexico...I'm this close! All of these points you've brought up though are a bit overwhelming. I'll have to watch the supplement videos to get a better understanding.
You just need to know how you will access that money. A money management account with Schwab or Fidelity would let you use the ATM with $0 fees. Moving money TO the US can be trickier. Not on TH-cam but you should definitely check out Eve Clark @disabled.diva.travels on Instagram or her website disableddivatravels.com/
This was eye popping! Pen and paper in hand! I’m on it.
Great information
Very Informative. Thanks
Columbia a no go as in long term residency due to taxes?
Do you have any information about what nurses make ?
For any vocations that have certification, you'll need to sit for & pass their exams before you can work.
what did you do as far as a US address......
dont ever delete this
Thanks for watching
Hope they listen to you
I am sure all of this information is on point because it was stressful to listen too. LOL! Good grief!!!! I mean WOWWW! I think we might simply travel - visit for months at best but not LIVE abroad- cause woah- too much - life is but so long. LOL! Again- great information though.
The link to your 1x1 is no longer working!
Please check and get back to us!
Try this direct link
askadalia.setmore.com/services
If your bank is a international bank; like a Bank of America does it matter, because my account in the USA with them, would be the same bank account in Spain with them right; right?
That has not been the case in my experience, branches in different countries are different entities. Besides you US account is in dollars a local Spanish account would be in Euros unless it is specifically a multi-currency account.