Expatriating from USA

[Night_Flower]

Hello All, I am new here so forgive me if this has already been posted. I have been researching my options for leaving the US. Has anyone cammed/created content while living in Portugal? I know it would be best to consult an immigration attorney about legalities but I am curious how people who made the jump abroad feel now and if there is anything they would do differently to save money or avoid annoying problems that can be avoided. It seems that Portugal has a more progressive stance on porn and SW, but I figure it's worth getting opinions from other SW's.

Cheers.

 

[cbhours]

if there is anything they would do differently to save money or avoid annoying problems that can be avoided.

That depends are you currently in a state that has state income taxes? If you are in CA for example you need to do everything you can to move to some where else in the usa first that doesn't have state income taxes.

Some states that have income tax you can file non resident paperwork and not have to pay taxes but depending on the state that can be a hassle and I don't think any of the do-it-yourself tax sites can handle that.

Why did you pick Portugal? Just curious.

 

[JesseQuinn69]

def consult with a tax lawyer, and consider opening a corp to run your adult biz through if taxes would be less expensive that way (avoiding double taxation). Delaware is a good state for that, you don't even need to be an American. I know the US isn't exactly SW-friendly when it comes to banking, but a generic-name corp can be useful when it comes to that both inside the US and globally

in planning the move, save double the money you anticipate you'll need. add more if you're planning to move with pets

for sure work with the lawyer on the visa stuff, and figure out beforehand the easiest, most cost effective ways for you to have access to your savings and your income once you land and start to settle in. I've lived in a few countries, each one has needed a slightly different strategy

at least you don't have to worry about the legality of adult if you move there! lol, my first island in my move out of Canada was a country where it was even illegal to import sex toys. I brought my strap on anyway and cammed and clipped my little heart out, just was super discreet about it

before replying I looked at some pics of Portugal in goog images. it's really beautiful

 

[cbhours]

consider opening a corp to run your adult biz through if taxes would be less expensive that way (avoiding double taxation).

I dont understand, what kind of corp and how would that avoid double taxation?

 

[JesseQuinn69]

I dont understand, what kind of corp and how would that avoid double taxation?

that's where a tax lawyer would come in. maybe it's not an issue but living in one nation but being a citizen of another...it's a factor in planning. a c corp in Delaware is pretty inexpensive and any income that is generated by the corp is taxed separately from the owner

I'm not American or Portugese so just rec'ing that she explore the idea if double taxation (being taxed in both the US and in Portugal on the same income) is an issue

having a corp can also sometimes (operative word) create a bit of a buffer re debanking for being in adult, when it comes to maintaining US banking while living abroad

 

[cbhours]

Thats unlikely to faze the foreign country because of CFC rules. I don't think it will work for Portugal but I'm no expert.

The problem with starting a business for your adult income in usa is that it's way easier to find a personal checking that's adult friendly than it is a business checking. At least that's been my experience. Charles Schwab also refunds atm fees so it's a nice bank account to have. (Personal checking they don't have business accounts)