David Donelson was divorced and almost $400,000 in debt when he moved his life and career to Dubai. He wanted to escape New York City and travel the world, and also put his life back together, which meant, among other things, finally confronting his six-figure bill from dental school at Tufts University.
People of our generation are in a kind of servitude no one else around the world has, he said. The 37-year-old knew there would be tax benefits to living and working abroad, but he was surprised when the lawyer he hired to help him with his debt said he could reduce his student loan bill from thousands of dollars a month to about $300 a month simply because he was living in a different country.
Even those making six figures can greatly re…
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