Remote Job in US with a Finland RP
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Remote Job in US with a Finland RP
I am currently working in Finland with a FInnish RP (I have a Non-EU Passport). I have a job prospect in US and they are allowing me to work 100% remotely. My question is, Is it possible to still live in Finland with a Finnish RP and work for the US company ? Any information would be highly helpful.
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Re: Remote Job in US with a Finland RP
What kind of RP do you have and did you complete a degree in Finland?
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Re: Remote Job in US with a Finland RP
I have a Type A Finnish RP. No, I haven't done my degree from Finland. I moved to Finland on the basis of a Work Contract.heretostay wrote: ↑Wed Sep 30, 2020 8:44 pmWhat kind of RP do you have and did you complete a degree in Finland?
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Re: Remote Job in US with a Finland RP
Are there any restrictions on your right to work? The codes on your permit you will have to look up. For instance you might be restricted to a specific field of work or even one employer.
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Re: Remote Job in US with a Finland RP
Unless they are willing to take care of Finnish employer duties, you would either have to find a company willing to act as the employer (which would then keep you entitled to a work based RP) or become an entrepreneur (after getting approved for the related permit).helloespoo wrote: ↑Wed Sep 30, 2020 7:44 pmI am currently working in Finland with a FInnish RP (I have a Non-EU Passport). I have a job prospect in US and they are allowing me to work 100% remotely. My question is, Is it possible to still live in Finland with a Finnish RP and work for the US company ? Any information would be highly helpful.
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Re: Remote Job in US with a Finland RP
Thank you for your reply, but as far as I understand I don't have any restriction for my work in terms of the field of work or employer.heretostay wrote: ↑Wed Sep 30, 2020 11:23 pmAre there any restrictions on your right to work? The codes on your permit you will have to look up. For instance you might be restricted to a specific field of work or even one employer.
Ok thanks for the info. And if suppose I become dependant to my wife who also has a finish RP (Non-EU Passport) in that case do you think it would be possible work without the two things you mentioned ?betelgeuse wrote: ↑Thu Oct 01, 2020 12:40 amUnless they are willing to take care of Finnish employer duties, you would either have to find a company willing to act as the employer (which would then keep you entitled to a work based RP) or become an entrepreneur (after getting approved for the related permit).helloespoo wrote: ↑Wed Sep 30, 2020 7:44 pmI am currently working in Finland with a FInnish RP (I have a Non-EU Passport). I have a job prospect in US and they are allowing me to work 100% remotely. My question is, Is it possible to still live in Finland with a Finnish RP and work for the US company ? Any information would be highly helpful.
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Re: Remote Job in US with a Finland RP
A family RP does also entitle you to do the work. However, it doesn’t change the situation in regards to taxes.helloespoo wrote: ↑Thu Oct 01, 2020 8:58 amOk thanks for the info. And if suppose I become dependant to my wife who also has a finish RP (Non-EU Passport) in that case do you think it would be possible work without the two things you mentioned ?
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Re: Remote Job in US with a Finland RP
You are going to have a tax nightmare on your hands. Do your homework before accepting the job.
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Re: Remote Job in US with a Finland RP
There’s the fallback of paying accountants or services like Ukko.heretostay wrote: ↑Thu Oct 01, 2020 3:10 pmYou are going to have a tax nightmare on your hands. Do your homework before accepting the job.
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Re: Remote Job in US with a Finland RP
Yup I will probably hire a tax consultant to do the taxes. However does my tax bracket change in case I am working for a US company ?betelgeuse wrote: ↑Thu Oct 01, 2020 1:28 pmA family RP does also entitle you to do the work. However, it doesn’t change the situation in regards to taxes.helloespoo wrote: ↑Thu Oct 01, 2020 8:58 amOk thanks for the info. And if suppose I become dependant to my wife who also has a finish RP (Non-EU Passport) in that case do you think it would be possible work without the two things you mentioned ?
Yes, I totally get it. I am just wondering the taxes shouldn't increase too high as my projected salary would be somewhere between 15 to 20%.heretostay wrote: ↑Thu Oct 01, 2020 3:10 pmYou are going to have a tax nightmare on your hands. Do your homework before accepting the job.
Re: Remote Job in US with a Finland RP
Your tax bracket will be determined based on your gross income not where your clients are in the world. On the plus side, you will not pay VAT because you are selling your service to a company located outside EU.helloespoo wrote: ↑Thu Oct 01, 2020 8:58 amYup I will probably hire a tax consultant to do the taxes. However does my tax bracket change in case I am working for a US company?
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Re: Remote Job in US with a Finland RP
Assuming we are talking about consultant work.Maaria wrote: ↑Thu Oct 01, 2020 10:57 pmYour tax bracket will be determined based on your gross income not where your clients are in the world.helloespoo wrote: ↑Thu Oct 01, 2020 8:58 amYup I will probably hire a tax consultant to do the taxes. However does my tax bracket change in case I am working for a US company?
If "job" means employment things get complicated.
It doesn't actually make a difference for B2B, since VAT is charged on top of the price and then paid to Vero.
When selling to other EU countries no VAT has to be charged on B2B, but as said it doesn't matter.
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Re: Remote Job in US with a Finland RP
This won't help with the IRS side if the "job" is an employment.betelgeuse wrote: ↑Thu Oct 01, 2020 4:21 pmThere’s the fallback of paying accountants or services like Ukko.heretostay wrote: ↑Thu Oct 01, 2020 3:10 pmYou are going to have a tax nightmare on your hands. Do your homework before accepting the job.
Re: Remote Job in US with a Finland RP
He has to deal with IRS only, in other words, pay tax in the US if he is a US tax resident. What US tax resident means in practical term is anyone who is a citizen or permanent resident permit holder of the US regardless of where they are physically located, as well as if he is physically working in the US despite of not being a citizen or permanent resident. This is for him working for a US company as "job" or selling his service to US based business or individuals.FinlandGirl wrote: ↑Fri Oct 02, 2020 12:39 amThis won't help with the IRS side if the "job" is an employment.betelgeuse wrote: ↑Thu Oct 01, 2020 4:21 pmThere’s the fallback of paying accountants or services like Ukko.heretostay wrote: ↑Thu Oct 01, 2020 3:10 pmYou are going to have a tax nightmare on your hands. Do your homework before accepting the job.
If he owns business in the US and has people physically working for him in the US he will also pay US tax on his business profit.
I his case, if above doesn't apply to him he shouldn't be paying any taxes to the US.
Re: Remote Job in US with a Finland RP
FinlandGirl wrote: ↑Fri Oct 02, 2020 12:37 amIt doesn't actually make a difference for B2B, since VAT is charged on top of the price and then paid to Vero.
When selling to other EU countries no VAT has to be charged on B2B, but as said it doesn't matter.
What I mean is if he is selling his service to a customer (business or not), he doesn't collect VAT from them and therefore don't send any VAT to Vero.