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nellychess
Joined: 25 Mar 2005 Posts: 187 Location: USA
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Posted: Sat Feb 19, 2011 3:45 pm Post subject: South Korea, Japan, or Taiwan, for someone like me.... |
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I have posted and looked into this for quite a few years, but never made the commitment. It's time to do it, and I was hoping someone could tell me where the best place for me might be.
I am 39 years old. An American male 6'2, with a BA in Sociology. I have travelled and lived all over the USA as a tennis pro all over the country. I have massive debt,IRS bill of 70k(long story), that isn't shrinking here anyway, so i decided I'm going to go for it before it becomes too late. I am single, hope to be married soon, and am open to an anglo or asians for dating.
I am an avid tennis player, and need to live somewhere I can easily play tennis. I would like to eventually teach tennis, perhaps on public courts, at least on the side.
I'd be a fool to say I'm going to do this the rest of my life without doing it, but I'd like to have that possibility. I'm willing to study for any kind of degree required, but I am pretty poor right now.
As far as money goes, I would just like to be comfortable.
How would the USA IRS debt factor in to my earnings elsewhere? Would the IRS keep tabs on my income abroad? I hope to someday pay it off.
Sorry if my post is redundant or something else. I'm so impressed with the helpfulness of people on this site.
Cheers |
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Zero
Joined: 08 Sep 2004 Posts: 1402
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Posted: Sat Feb 19, 2011 5:01 pm Post subject: |
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Out of curiosity: What does being 6'2" have to do with anything?
As for the IRS "keeping tabs" on your income: You are required to file taxes every year, no matter where you're living. So in that sense, yes, they're keeping tabs.
As for tennis: I don't know about tennis, but I've heard of foreigners making exceptionally good money as golf instructors in China. Maybe it could happen with tennis, too.
In general: You have said so little about what you are looking for, it's hard to tell you where you should go. You only mentioned tennis and making enough money to be comfortable, and liking anglo and Asian women. That leaves the world more or less wide open for you.
If I were you: You are not old, but you are approaching middle age. Your financial status is not good. You are considering marriage. You need to clean this mess up ASAP. That means maximizing your earnings. More education could be helpful in theory, but it could put you in more debt, and it would take some time. You need a place where you can show up as-is and have good earnings immediately.
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nellychess
Joined: 25 Mar 2005 Posts: 187 Location: USA
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Posted: Sat Feb 19, 2011 5:59 pm Post subject: |
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No idea why I put I was 6'2, sorry. Maybe I'm used to posting on dating sites too much LOL.
Thanks for the info. I just don't know much about S Korea. I guess there's tons of info on here about it. Is that the best market for jobs and for income?
Thanks for the help |
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Mr. Kalgukshi Mod Team


Joined: 18 Jan 2003 Posts: 6613 Location: Need to know basis only.
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Posted: Sat Feb 19, 2011 6:34 pm Post subject: |
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This is not the Korean Job Discussion Forums and a posting focusing on Korea has been deleted.
Please see the following locked Announcement at the top of this forum:
http://forums.eslcafe.com/job/viewtopic.php?t=79359 |
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Glenski

Joined: 15 Jan 2003 Posts: 12844 Location: Hokkaido, JAPAN
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Posted: Sun Feb 20, 2011 12:40 am Post subject: Re: South Korea, Japan, or Taiwan, for someone like me.... |
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nellychess wrote: |
I have posted and looked into this for quite a few years, but never made the commitment. It's time to do it, and I was hoping someone could tell me where the best place for me might be.
I am 39 years old. An American male 6'2, with a BA in Sociology. I have travelled and lived all over the USA as a tennis pro all over the country. I have massive debt,IRS bill of 70k(long story), that isn't shrinking here anyway, so i decided I'm going to go for it before it becomes too late. I am single, hope to be married soon, and am open to an anglo or asians for dating. |
An American who signs his post "Cheers" makes me wonder.
Height is not an issue. Your BA degree makes you minimally qualified for a work visa for most entry level teaching positions.
Telling us you are hoping to be married "soon" yet are frequenting dating sites is not a good sign. Too many Asia-philic men travel to Asian countries to troll for women instead of being serious about their work.
Your debt is a big concern. There is a good chance that setting yourself up in Japan will cost you $3000-5000. I'm willing to bet you can't afford that. Even if you can, tell us a little more here: like how much per month you have to pay for that IRS bill? That figure will help us to know how feasible it is financially, if nothing else.
If you ever do land a teaching job, it will pay roughly 200,000-250,000 yen/month. Lose half that in basic necessities, and you can see how much you have left over for frills and paying off that debt. You might be able to pick up some tennis teaching on the side, but if they can't understand English instructions, it will not be easy. Besides, you will have just landed and have to get used to a new working world. If you are the least bit serious about that, you will probably not have all that much time on your hands.
The IRS requires you to file for taxes, even on money earned abroad. The good news is, the figure is quite high for being exempt (something like $91,000 this year), so you are not going to be taxed on that, and you won't make anywhere near that here. How the IRS figures foreign income into the actual debt and paying it back is totally separate and between you and them. |
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naturegirl321

Joined: 04 May 2003 Posts: 9041 Location: home sweet home
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Posted: Sun Feb 20, 2011 12:57 am Post subject: Re: South Korea, Japan, or Taiwan, for someone like me.... |
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nellychess wrote: |
I have massive debt,IRS bill of 70k(long story), that isn't shrinking here anyway, so i decided I'm going to go for it before it becomes too late. I am single, hope to be married soon, and am open to an anglo or asians for dating. |
70K, yikes! HOnestly, I'd stick to pro tennis, you'd probably make more than you could as a teacher. If not, then Korea would seem the best followed by taiwan. Japan is flooded at the moment. BUT, you'd probably be able to save maybe 10 to 15K a year, meaning that it would take you up to 7 years to pay off debts.
Another possibility, what about Chapter 11? I know it's not the best option, but it would allow a clean sweep to be made. |
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rtm
Joined: 13 Apr 2007 Posts: 1003 Location: US
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Posted: Sun Feb 20, 2011 3:17 am Post subject: Re: South Korea, Japan, or Taiwan, for someone like me.... |
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There's something I'm wondering about your posts, and about your situation. In the previous thread you started, you wrote:
nellychess wrote: |
I am 39 years old American male with a Bachelors degree. I teach tennis, and run a club in the states from April-November. I am off the rest of the year, and would love to go somewhere to teach English and live the rest of the year. Money is not important. i mainly want to have a good time, meet women and cool friends, and maybe just make money to live on while I am there. Any ideas? |
And this time, you wrote:
nellychess wrote: |
I am 39 years old. An American male 6'2, with a BA in Sociology. I have travelled and lived all over the USA as a tennis pro all over the country. I have massive debt,IRS bill of 70k(long story), that isn't shrinking here anyway, so i decided I'm going to go for it before it becomes too late. I am single, hope to be married soon, and am open to an anglo or asians for dating.
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How is money not important if you have such massive debt? Are you looking for someplace where you can make money in order to pay off your debt? Or, are you looking for someplace where you can earn subsistence-level wages, and ignore your debt?
As others have said, the IRS does 'keep tabs' on your foreign-earned income, since you are required to report it every year (even if you are not taxed on it).
As far as your initial statement/question:
nellychess wrote: |
I have posted and looked into this for quite a few years, but never made the commitment. It's time to do it, and I was hoping someone could tell me where the best place for me might be. |
I think your biggest problem is exactly what you have said: you have never made the commitment. I think tennis courts exist in all of the countries you mentioned. I'm sure you could find some to use. if you do enough research (in the boards for the countries you are interested in), start contacting potential employers, and ask very specific questions in the country-specific boards, I bet you'll even find a job teaching English. I'm really not sure what you want us to tell you here. |
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Captain_Fil

Joined: 06 Jan 2011 Posts: 604 Location: California - the land of fruits and nuts
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Posted: Fri Feb 25, 2011 7:46 pm Post subject: |
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$70K in tax debt?! And I thought my $1500 credit card debt was bad.
You're going to need to earn a lot of money to pay off your huge debt. It is my impression that ESL teaching is not one of those six-figure-income professions (like medicine or law). Some ESL teachers do earn a decent income. But everyone starts at the bottom which means low pay.
If I were you, I would consult with a good tax attorney. Maybe your tax debt could be reduced.
Good luck. |
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