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swoosh76
Joined: 22 Jul 2007
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 Posted: Wed Jan 09, 2008 7:26 pm Post subject: Best Place to Bank in Asia |
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| I may be starting a new job soon and it's a unique situation. I will be paid from Hong Kong while working in Korea. My question is basically which country would be the best place to bank from from a income tax prospective? My company would send my monthly salary to any bank I choose. I am assuming I would be income tax exempt up to $80,000 USD since I am a US citizen working abroad. Would it benefit me to actually have my salary deposited into a US account or a Korean Bank account...or another Asian country with less strict tax laws. I may be over analyzing this, but just wondering if anyone had any suggestions. Thanks! |
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Wangta01
Joined: 03 Oct 2006
Location: Seoul, S. Korea
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| Posted: Wed Jan 09, 2008 11:14 pm Post subject: Re: Best Place to Bank in Asia |
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| swoosh76 wrote: |
| I may be starting a new job soon and it's a unique situation. I will be paid from Hong Kong while working in Korea. My question is basically which country would be the best place to bank from from a income tax prospective? My company would send my monthly salary to any bank I choose. I am assuming I would be income tax exempt up to $80,000 USD since I am a US citizen working abroad. Would it benefit me to actually have my salary deposited into a US account or a Korean Bank account...or another Asian country with less strict tax laws. I may be over analyzing this, but just wondering if anyone had any suggestions. Thanks! |
BUMP - I would like to know as well. |
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