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March 11, 2008 1:45 AM
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How hard is it to get a job overseas? Is there a lot of paperwork involved? Is it hard to adjust? Does it make more sense right out of college? There's more past the jump.
I'm still like a year away from graduating with a degree in Civil Engineering but I wanted to know what it takes to work overseas. I'd really just like to work abroad for 2-3 years before settling down somewhere back in North America. I'd like to work in a foreign country if just for the adventure and experience but how smart would that be? I figure if there's a time to do it, it'd be right out of college while I have nothing tying me down. I've got so many questions that I don't know where to start.
How do I find a job in a foreign country considering that all the job referrals I've been seeing through school are almost all in state? Am I better off trying to get a job with a large international company and seeing if they can relocate me to a different country or am I better off trying to directly get a job overseas? Does it matter that I'll probably only have my FE? Is there anything like Peace Corps (or the Peace Corps) where I can use my Civil background?
Will the fact that I can only speak English hinder my job acceptance or performance? Will the fact that I look Asian but act definitely like an American affect me overseas? Are there certain countries to look for or avoid as an American? Where are there significant English speaking populations?
How much red tape do I have to go through to work somewhere else? How long can I work in a different country? How do taxes work? Will I be paid in Euros/Yen/Pounds/Etc and is that a good thing?
Am I better off just vacationing abroad rather than living there?
Personal anecdotes are much appreciated along with any pointers to good sources information on anything overseas.
posted by woolylambkin to work & money (16 comments total)
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I'm American, have lived and worked outside of the US for about a third of my adult life. Initially my job was transferred to Europe, which made it very easy for me to leave the United States. So yes, multinationals will be a natural conduit for this activity - much more so than someone seeking (with maximum respect mind you) entry level employment. Will be difficult to get an employer in another country to bear the costs associated when their local talent pools will no doubt suffice.
Countries to avoid - I'd suggest you focus on G7 countries, and avoid the Developing World (unless you go the Peace Corps route). I've worked in many countries where 24x7 armed security is needed and you really don't want to get into those situations.
English only won't be a problem in many countries and fields. For example, I work in banking and live in London. Clearly English isn't a problem in the UK, but I've also worked as far afield as India, Egypt and down Sub Saharan Africa as far as Nigeria / Ghana; English is the language of banking. Might be different in the field you've chosen.
Taxes - big thing to consider here. Most countries charge higher nominal rates than the US; the UK, for example, has a top rate of 40% that is reached after about £28K (or so) in earnings. Top rate in the US is 27.5% and you have to earn well over $100K to hit this threshold. So you'll have some surprises there. And even though you'll be paying taxes in the country you're working in you're still obliged to pay US taxes. And don't think you can simply not pay; most countries have what are called Tax Information Exchange Agreements - TIEAs - to facilitate the primary business of a government - collecting taxes. So if you move abroad and work but don't pay you WILL pay, sooner or later they'll catch you.
On the plus side the first $95K you earn while working abroad is tax free on the US side, so if you structure things properly you can pay a much, much lower nominal rate. For example, my rate of taxation across the try countries (UK & US) is only about 15%. If you can get paid in a tax haven where there are zero local taxes (e.g., Cayman, Jersey, Isle of Mann, etc), for example, and repatriate funds yourself to your host country typically you can approach the tax rates I mentioned.
Pay - well, this depends on the contract you've negotiated but usually local currency is the rule. And you'd want local currency as you'll be paying your bill in Pound Sterling, for example. Why accept payment in US dollars then have to hassle to convert at a possibly lower rate later in the future?
posted by Mutant at 2:04 AM on March 11 [3 favorites]