Before your leave for your assignment in China with China
Education Exchange, remember that Student loans and credit
card debts don't disappear just because you do.
Forward your mail to a friend or relative until you have
an address in overseas. Cancel or let your memberships
and subscriptions run out, and either pay off your debts
or set up a system for making payments while away.
Take your checkbook with you or SIGN UP TO AN ONLINE ACCOUNT.
If you can also entrust your financial matters to a responsible
friend or relative at home, much better.
Remember that credit card and finance companies are huge,
bureaucratic operations that rely heavily on computers
for their billing services. If you have debts that cannot
be paid in full prior to your departure, it is well worth
calling or writing to your credit or finance companies
explaining that you will be living in overseas.
It is wise to take a list of your credit card and bank
account numbers as well as the addresses and phone numbers
of the respective institutions. If you lost any credit
cards, you would be able to cancel them immediately.
As an American working abroad, you will be exempt from
United States income taxes as long as you make less than
USD 70,000 annually. Remember, though, that you will still
be required to file a tax return with the Internal Revenue
Service. There is an IRS representative located year-round
at the US Embassy in Tokyo (Japan) which is available
for your consultations:
IRS (Internal Revenue Service)
US Embassy, Tokyo
10-5, Asasaka 1 Chome
Minato-ku (107)
Tokyo, Japan
(03) 3224-5470
Fax: (03) 3224-5274
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Get
paid to see China from The Great Wall to the South China Sea
Beaches