Au revoir, America? - Bonus Episode - 9 to FI

Considering a Move to Europe for FI: Italian Passports, Geoarbitrage, and Escaping Rising US CostsThe conversation centers on a family’s renewed consideration of relocating from the US to Europe. Elliot describes a prior relocation request that was approved and then reversed at the last minute, and explains that with a new boss they may ask again this year, noting the worst outcome is being told no. They discuss the appeal of geoarbitrage—keeping a US salary while living in a lower-cost EU country—and emphasize giving their children cultural exposure and an easier window to learn a new language while young, potentially enrolling them in local schools.Healthcare and future college costs are highlighted as major uncertainties in a US-based FI plan, with Elliot suggesting these concerns are often mitigated in the EU. Josh shares a recent example of Affordable Care Act insurance subsidy changes making coverage far more expensive for a 20-year-old dependent. They reference anecdotal research showing a family in France potentially living on around $50,000 annually—about half of their current expenses—and discuss income differences between the US and Europe, with US median salary figures cited around $77,000 versus mid-$40,000s in France. The discussion also explores optionality for the children’s education, including the ability to return to the US for college, and briefly addresses work logistics such as a 6–7 hour time zone difference between the US and parts of Europe.00:00 Considering EU Relocation02:09 Work Approval and Geoarbitrage03:08 Why Move Now for Kids04:01 US Politics and Safety Concerns05:00 Healthcare Costs Wakeup Call06:35 FI Benefits in Europe08:01 How Much Cheaper Abroad10:18 Geoarbitrage and Salary Gaps12:06 Kids Education and Optionality13:11 Next Steps and Time Zones14:25 Wrapping UpDo you have feedback or suggestions? We want to hear from you!Contact Elliot: [email protected] Josh: [email protected] of these products help the show. Thanks for your support!Mint Mobile - We both use ⁠Mint Mobile⁠ and save a ton on our phone plan: ⁠https://fbuy.me/vgAmz⁠⁠Empower⁠ is Josh’s choice for Net Worth and BudgetingWanna create a podcast? We use ⁠Descript⁠Looking for a new credit card?  We’re big fans of ⁠Chase⁠⁠Buy Us a Coffee⁠ - One time donation or monthly, it’s up to youWant to save money on gas? Try ⁠Upside!⁠Books mentioned in this episode:Come find us and subscribe on YouTube: http://www.youtube.com/@9toFI