I contracted out there last summer, although it was on an assignment for a UK based company (I worked for them previously and a new US based project came up).
Anyway, all I would advise is paying experts up front to get all the paperwork (VISA's etc.) and company formation set up properly from the start. The VISA's alone are a nightmare and think it is best to get everything set up properly BEFORE YOU GO or (no exaggeration) you could well end up in the Sheriff office!
On that note (and don't mean to put you on a downer) but have you actually applied for the VISA yet? Just I know it took a permie guy for my company 6+ months with the company sponsoring him and they were paying experts to do it all.
HTH
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Reply to: Contracting in the USA
Collapse
You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:
- You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
- You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
- If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.
Logging in...
Previously on "Contracting in the USA"
Collapse
-
Originally posted by xchaotic View PostAs far as I remember if you were a US citizen and doing contracts, you have two typical options, but both are loaded with taxes that are surprisingly higher than in Europe so do your research well before you set the rate.
Also even if you're a tax payer you get no health insurance what so ever, paying your own, I'm guessing $10k easily if you want to get coverage equivalent to Europe, still there will be expectation and for a heart bypass you'll have to pay 500k.
All in all, I'd rather work in Malaysia or middle east than US, but if you're adventurous, I'd go with a permie role initially and negotiate good perks (that is: good health insurance, but not car or mileage as cars and fuel are still cheap) and 100k+ salary for a metropolitan area (nyc, bay area etc) is like you just said just 'ok'.
The tax is something I'm keen to find out about. Certainly as I would plan to be out there for at least a year, I would not be paying UK tax. Perhaps permie is the way to go with this one - the role is an hour out of LA but not in a big city, though a decent property (4 bed detached) would cost $1m - I actually went to view some while out there.
I'm surprised no one here has actually made this kind of move yet - come on you must be out there!
Leave a comment:
-
As far as I remember if you were a US citizen and doing contracts, you have two typical options, but both are loaded with taxes that are surprisingly higher than in Europe so do your research well before you set the rate.
Also even if you're a tax payer you get no health insurance what so ever, paying your own, I'm guessing $10k easily if you want to get coverage equivalent to Europe, still there will be expectation and for a heart bypass you'll have to pay 500k.
All in all, I'd rather work in Malaysia or middle east than US, but if you're adventurous, I'd go with a permie role initially and negotiate good perks (that is: good health insurance, but not car or mileage as cars and fuel are still cheap) and 100k+ salary for a metropolitan area (nyc, bay area etc) is like you just said just 'ok'.
Leave a comment:
-
Originally posted by filthy1980 View Posthave no practicle knowledge to offer but just from general knowledge i know that the tax rates for non residents is quite steep
and have read on here that there maybe an option to have an "EU Contract" i'm sure someone will be able to offer more helpful advise
HTH
Leave a comment:
-
Originally posted by ChimpMaster View PostI'm still in contract in the UK but have been approached by an ex-colleague to work for a different company in the US. He is the interviewer for this role so almost guarantees me the offer. Whether the company have any problems with a British citizen is another matter which I have yet to find out.
Now I have worked in the US before, but for a permie UK consultancy. I'm interested in how contracting works out there.
Has anyone here actually contracted for any decent length of time in the US? If so, would you be so kind as to tell me how I might need to set myself up to invoice over there?
They are also considering permie - which would be $100k (which is 'OK' for the US I gather). Would this be a better option in order to get residency?
I don't normally ask such wide-ranging (read thick) questions but this is an area I'm virgin on and hoping to get knowledge on quickly.
have no practicle knowledge to offer but just from general knowledge i know that the tax rates for non residents is quite steep
and have read on here that there maybe an option to have an "EU Contract" i'm sure someone will be able to offer more helpful advise
Leave a comment:
-
Contracting in the USA
I'm still in contract in the UK but have been approached by an ex-colleague to work for a different company in the US. He is the interviewer for this role so almost guarantees me the offer. Whether the company have any problems with a British citizen is another matter which I have yet to find out.
Now I have worked in the US before, but for a permie UK consultancy. I'm interested in how contracting works out there.
Has anyone here actually contracted for any decent length of time in the US? If so, would you be so kind as to tell me how I might need to set myself up to invoice over there?
They are also considering permie - which would be $100k (which is 'OK' for the US I gather). Would this be a better option in order to get residency?
I don't normally ask such wide-ranging (read thick) questions but this is an area I'm virgin on and hoping to get knowledge on quickly.Tags: None
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Autumn Budget 2024: Reeves raids contractor take-home pay Oct 31 14:11
- How Autumn Budget 2024 affects homes, property and mortgages Oct 31 09:23
- Autumn Budget 2024: Reeves raids contractor take-home pay Oct 31 09:20
- Autumn Budget 2024: Umbrella companies hit, Employer NICs hiked, and BADR heading for 18% Oct 30 16:54
- Autumn Budget 2024: chancellor’s full speech Oct 30 16:34
- RecExpo got told this about Labour’s Employment Rights Bill… Oct 30 09:10
- A limited company just got one over HMRC on VAT; here’s how Oct 29 09:24
- Business Account with ANNA Money Oct 28 15:51
- Top 5 Autumn Budget areas for IT contractors to tick off Oct 28 09:30
- Top 5 umbrella company expenses things to still do in 2024 under 2016's T&S rules Oct 24 08:21
Leave a comment: