After becoming frustrated with the confusion around paying US taxes abroad while living in London, David and Carrie McKeegan founded Greenback Tax Services, a tax prep company for expats living overseas. 

In part 1 of this interview, David and Carrie share tips on traveling and living abroad as a family of five. They discuss what it was like to grow their family in foreign countries and where they've lived over the years. The also explain why they recently left their home in Bali to move to Costa Rica and shed light on the truth about living in Bali, why they invested in real estate investment in Nicaragua, and the cost of living in Argentina. 

Are you nervous about traveling with your kids? No need to worry! David and Carrie share their top tips and advice on traveling and living abroad with kids.

 

EPISODE 117 TOPICS DISCUSSED:

• Moving overseas for the first time. 
• Being global citizens with 11 passports total. 
• Advice for traveling and living abroad with kids.
• How to manage the stress of living abroad as a family
• What it’s like to buy a house and live in Costa Rica (Nosara and Playa Guiones).
• Why they invested in real estate in Nicaragua.
• How Bali has developed in the 21st century.
• The pros and cons of living in Bali. 
• Cost of living in Argentina vs. Bali.
• The reality of currency exchange rates around the world.
• Schools, childcare, and services, abroad. 

 

QUESTIONS ANSWERED:

• How did you end up moving abroad for the first time?
• Why did you start a company to help expats with their taxes?
• Where were you living abroad when you started Greenback Tax Services?
• How did you find jobs abroad in the 2000's?
• Where were your three kids born and what were the differences in having children in different countries? 
• Where did you live in Bali? 
• How were you able to stay in Bali without permanent residency? 
• Where did you travel while living in Bali? 
• Why did you move to Costa Rica? 
• Why did you decide to invest in real estate in Nicaragua? 
• How do you manage your time 
• And more. 

 

SHOW NOTES AND RESOURCES: 

Money Transfer App:

• Wise

International Travel Insurance:

• SafetyWing

 

TRAVEL DESTINATIONS MENTIONED:

• Argentina
• Bali
• Cambodia
• Costa Rica 
• Greece
• New Zealand
• Nicaragua
• Singapore
• United Kingdom
• Vietnam

 

RELATED VIDEOS:

• EXPAT EXPLAINS: Americans Abroad on Paying Taxes and Renouncing Citizenship (Greenback Tax Survey)
• 8 Reasons Why People LEAVE Costa Rica [Why I Left]

 

RELATED PODCASTS:

• How U.S. Expats Feel About Paying Taxes Abroad and Renouncing Citizenship

 

BOOKS & MOVING ABROAD WITH KIDS:

• Carrie's "absolute favorite book" about homeschooling/ world schooling is The 5 Hour School Week.  
• The Bradley Family of "worldschools" is "incredibly inspiring" - they live in the same town as David and Carrie in Nosara, Costa Rica. Follow them at: http://www.journeyoftheglobe.com/
• You'll also want to watch this TED Talk about schools and creativity: https://www.ted.com/talks/sir_ken_robinson_do_schools_kill_creativity
• Find more books on Kristin's Book Club List

 

FIND JOBS ONLINE:

• Download Kristin's Free Remote Jobs Guide
• How to Find a Remote Job Podcast
• How to Make Money Online Podcast

...........................................................................................

 

Connect with Greenback Tax Services:

• Visit their website
• Check out their blog
• Watch their webinars
• Find their document checklist

 

Connect with Kristin: 

• Follow on Instagram
• Subscribe to Traveling with Kristin on YouTube 
• Subscribe to Digital Nomad TV on YouTube
• Follow on Medium
• Follow on Clubhouse @KristinWilson
• Join the Badass Digital Nomads Facebook Group

...........................................................................................

Support the Badass Digital Nomads Podcast:

• Buy Me a Coffee
• Become a Patron
• Leave a 5* Review: https://lovethepodcast.com/digitalnomad 
• Buy Official Merch 
• Search All Episodes: www.badassdigitalnomads.com

 

...........................................................................................

Thank you to Margit for the coffee! ☕️

And a special thank you to my 2021 Patrons: Teklordz, Walt, Shawn, Richard Y, RZ, Craig S, Colin, Heather, Karen, Kiran, Scott, Michael, Issac, Mike M, Yasmine, Erick M, Yohji, Gary R ,Ron, Gary, Ray, Annie, Henry L, Kelly, Alejandra, Keith, Stephen, Henry M, Warren, James, Daniel, Javier, Gary, Emily, Rich, Aisha, Phil, Anthony, and Anna. 

Special welcome to my newest Patrons: Anna, Anthony, Aisha, Rich, and Phil!

Become a Patron for $5/month at Patreon.com/travelingwithkristin

...........................................................................................

Podcast descriptions may contain affiliate links of products and services we use and recommend at no additional cost to you.