First, Europe is expensive. You'll want to investigate what the actual costs of rearing a child is in the place you're going. This includes not only cost of schooling, if any, but also whether and to what extent you'd have access to the country's social services (like daycare and health care). I would imagine much will depend on the specific benefits package that comes with your job.

Second, in my experience living abroad does not in and of itself endanger your shot at a security clearance, though it can lead to a longer-than-usual vetting process when you renew it. I would imagine that working for a U.S.-based corporation overseas might be preferable to working for a foreign corporation, but I don't really know your field.

That being said, we raised our daughter overseas from the age of 10 onward, and regard it as the single best thing we ever did for her. She had better schools, leaned a language more easily, and became an even more complex and inquisitive person than she already was. Plus, we actually worried less about her safety. It was a great experience.

Did you experience any resentment toward you for not being a native of that country?

We lived in Turkey, The Philippines, and Singapore; I worked on the local economy in Turkey and for the USG in the other two. And no, I didn't experience any resentment in any of those places. If you're worried about free-floating anti-Americanism, I've found that most people around the world are pretty good at understanding that an individual is not the same as her/his government. If you're worried about being resented for taking a "local" job, I wouldn't fear -- the EU makes it so hard for companies to hire non-EU citizens that I suspect people will just assume your skills were specifically necessary.

Many countries are now keeping US citizens from having bank accounts.

You can read some American's who live abroad recent findings of the difficulties. They are Democrats.

https://www.democratsabroad.org/sites/default/files/2014%20FATCA%20Research%20%20Stories%20of%20FATCA%20-%20Affecting%20Everyday%20Americans%20Every%20Day.pdf



The USA is putting up a wall, not only to stop immigrants but also to keep US citizens from leaving the USA.

You would find it very hard to live in another country without a bank account.
Those that replied may have lived in the countries they write of BEFORE FATCA/FBAR.

For a while, there was a shortage of elementary school teachers, and the daughter of some friends, who had loved her study abroad time in England, hurried to get an el. ed. certification so that she could legally emigrate.

But the list keeps changing all the time. I don't remember the website, but googling "UK shortage occupations" may be helpful.

As an engineer, you may qualify for admission to any of a number of countries.