Frequently Asked Questions

This collection of Frequently Asked Questions (FAQs) provides answers to many commonly asked questions about teaching English abroad and the Oxford Seminars TESOL/TESL/TEFL Certification Course. Let Oxford Seminars know if any questions are not covered in this FAQ section.

Organizing Finances

How do I deal with my finances (i.e. taxes and bank accounts) when working abroad?

Do I have to inform the government that I am leaving?

What should I do about my debts at home?

How can I send money home?

How do I deal with my finances (i.e. taxes and bank accounts) when working abroad?

You have several tax options that should be explored prior to your departure. You will be required to file taxes when you return home so It is recommended that you contact your bank and an accountant before leaving. They will be very helpful when you are putting your financial affairs in order.
Tax options will depend on factors such as:
- How long you have been away
- How much money you made
- If you paid taxes in your host country
- If you claimed non-residency status in your home country
- If you have assets such as bonds and properties
- If you have dependants
- Your marital status
Visit the Finanacial Reminders section of the Preparing to Go Checklist to ensure you have through about all aspects of your finances prior to your departure.