<p>Say I wanted to find a job or internship in say the U.K., or even somewhere else. Would working there and getting paid in Euros allow me to make more money after, say a year, as compared to me working in the U.S. in an equal job? Over the long-term, would working over in the U.K. allow me to make more money considering the Euro is worth about 1.2-1.3 U.S. Dollars? Are there any negatives to living and working in a country other than the U.S.?</p>
<p>Wages differ by country.
Taxes are much higher in some countries … Fear not, Check out the swiss.
But Euro’s are worth more. So do some math…
[12</a> Countries With The Highest & Lowest Tax Rates | Business Pundit](<a href=“http://www.businesspundit.com/12-countries-with-the-highest-lowest-tax-rates/]12”>12 Countries With The Highest & Lowest Tax Rates)
Negatives? I don’t think so. Traveling & Couture seems appealing.</p>
<p>If you are American, you will have to pay both American and UK taxes if you work in the UK.</p>
<p>Is that true about having to pay both American and UK taxes if I am an American citizen? can anyone else confirm that? would that mean about 27% for U.S. taxes and 32% for U.K. taxes, which equals 59%? so 60% of my paycheck would be taken for taxes. That sounds like a no-win situation. it might be different if I were a British Citizen. Would I have to pay both U.S. and Swiss Taxes if I were to move to Switzerland and work full-time and am an American citizen?</p>
<p>The exchange rate wouldn’t offset the higher taxes, not to mention that the economy is way too unstable right now to assume that exchange rate will be the same for long.</p>
<p>From my brief tour of Europe:</p>
<p>Pros:
Better looking people who breed more selectively
Better food
Better clothes (everything in the US is cut like a potato sack)
Italy (all of the above)</p>
<p>Cons:
Ridiculous laws
Ridiculous taxes
France (the wanton hippie immorality of America crossed with the legal system of China… God I’m going to puke)</p>
<p>If anything the tradition method is “Get rich in America and retire to Europe”</p>
<p>^Exactly what i’m doing. Right after the folks are gone.</p>
<p>@discoinferno: dude, you sound like a racist -.-</p>
<p>It depends on the part of Europe and the type of business you want to go into. For finance, let’s say, England (well, London), Switzerland, and Hong Kong (only part of China), among others, would all be worth it, for sure.</p>
<p>From my experience in England, you’ld get a better standard of living in the US. Relative to the US England at least has more of a command economy. It redistributes more money from the rich to the poor, compared to America.</p>
<p>EDIT: I forgot to mention, it is true that you have to pay American taxes if you’re a citizen living abroad.</p>
<p>^What you do is file taxes in both countries- where you work and live (UK) and the US, because you are an American citizen. There are US considerations and exclusions for taxes paid in England- “foreign income exclusion,” etc. </p>
<p>They don’t use the Euro in England. It’s still Pounds.
But, just because the Euro or the Pound is worth X dollars does not mean you will get a boost from the exchange rate. Eg, a $40k job here might pay 30k Pounds. Or less. As to standard of living- you want to do some research, not assume. Here’s a web site to play with: [Cost</a> Of Living Comparison Between United States And United Kingdom](<a href=“Cost Of Living Comparison Between United States And United Kingdom]Cost”>Cost Of Living Comparison Between United States And United Kingdom)</p>