In an #FBAR and #FATCA world #Americansabroad ask: "To retain or renounce US citizenship, whether tis better to live free .." - #citizide explore this question
Considering renouncing US citizenship? See "Retain or Renounce" by John Richardson @Expatriationlaw + Karen Alpert @FixTheTaxTreaty and read "13 Reasons Why I Committed #Citizide: (Inspired by the television series, 13 Reasons Why)" https://t.co/dYmX7ONBpP via @ExpatriationLaw
Considering renouncing US citizenship AKA #citizide? Online discussion hosted by @Expatriationlaw: "Letting Go And Moving On - Does Renunciation Make Sense For You In An #FBAR and #FATCA World" - Sat. Nov. 9 - 7:00 EST (Toronto) time - Registration required - DM me for details
#Americansabroad in #FBARMarriage who would become "covered expatriates" because of an inheritance from the non-US spouse should consider #citizide (renouncing US citizenship) quick time. You can't be in a position where either renoucing or selling the home means massive US tax.
#Americansabroad often remain US citizens bc NOT currently paying US taxes - mistake: "Why #Americansabroad cannot be in a situation where either selling principal residence or renunciation will lead to erosion of retirement savings. https://t.co/U34tPTBLpK via @ExpatriationLaw
Great post confirming inter alia that the only kind of marriage is US style marriage. Once again @VlJeker confirms that life is too short to live it as a US citizen. "The Foreigner and the Taxman: Are You “Married” for US Income Tax Purposes?" https://t.co/7Sf8mtNT6F via @VLJeker
'Accidental Americans' in France have moved to take legal action, in the latest stage of @FabienLehagre's fight against the iniquities of citizenship-based taxation (now being imposed, ironically, by a US led by the tax-averse Mr Trump) https://t.co/0qFlpZ3BNm
May 17, 2019: Live discussion of the pros and cons of U.S. @citizenshiptax rules and how they impact #Americansabroad in a #FATCA world - you have the opportunity to submit questions in advance https://t.co/zmoJ3iYi5O
The USA may have the highest citizenship renunciation fee in the world - but renouncing US citizenship is an investment that will pay dividends the rest of your life. https://t.co/x5SqFk4dB1
Q. Why does it cost so much to renounce your United States citizenship? A. Although renunciation of US citizenship has the highest fee in the world, the renunciation fees are a bargain when compared to the benefits. https://t.co/z0BlVFfEJv
Freedom means being able to save for your future - without having to run the gauntlet of compliance with 2 completely different sets of tax rules.
The only way to break US tax residence is #citizide#myfreedomday
Considering renouncing US citizenship? #citizide - Perhaps you want greater freedom: My answer to Which country's citizens enjoy more freedoms than Americans? https://t.co/37CsFq4zVm
Are you feeling forced to renounce your US citizenship? #citizide - 'Let us not look back in anger, nor forward in fear, but around in awareness.' (James Thurber) This quote and commentary is an island of positive thinking in an ocean of negativity : https://t.co/5DR6ynvKU0
Considering renouncing US citizenship? #citizide - This quote and commentary is an island of positive thinking in an ocean of negativity : 'Let us not look back in anger, nor forward in fear, but around in awareness.' (James Thurber) https://t.co/5DR6ynvKU0 via @wordpressdotcom
Considering renouncing US citizenship? #citizide - Many people wonder if they will regret renouncing US citizenship. Here is my answer to Did you regret renouncing your US citizenship? https://t.co/Zhz453NGSb
Considering renouncing US citizenship? #citizide It might be helpful to consider this from perspective of NOT being a U.S. citizen. Many #GreenCard holders don't become citizens. My answer to Is it good to get naturalized in US or continue with green card? https://t.co/1W0FxFmLJ9
Considering renouncing US citizenship? #citizide Membership has both its privileges and its obligations. What are some of the disadvantages and what are some of the advantages of renouncing U.S. citizenship? https://t.co/1oLmOK1jrC
When renouncing US citizenship people Consulate officers will probe a person's intent: "Young Adult Person Subjected to Intense "Grilling" at U.S. Consulate in Canada During Request to Renounce United States Citizenship" https://t.co/EJlBSiXkan
The United States imposes a separate and more punitive tax system on US dual citizens who live in their country of second citizenship https://t.co/OLCYn7G211
@eddie_ginger@Keith__REDMOND@Carmelan@DemsAbroad@SolomonYue@aaro@ACAVoice@FAWCO@MonteSilver1 A big reason for expat tax problems is the combination of:
1. Laws being required to pay for themselves (at least in theory and in fiction; and
2. Expats being a politically powerless minority - meaning we can pretend to get expats to pay for everything.
Injustice irrelevant!