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Re:Enter your address and find out everyone who represents y... by grzm on Friday December 30, 2016 @04:16AM (#13283416)
The taxes you owe take this into account, don't they? You have benefits of being a US citizen regardless of where you live. Some may value this more than others. Weighing your options, you may want to consider changing your citizenship.
Re:Enter your address and find out everyone who represents y... by tfgg on Friday December 30, 2016 @05:48AM (#13283741)
You're taxed like a resident by the US. A friend had their tax-free (in the UK) PhD stipend taxed by the US government. Other people can find themselves owing significant taxes on property sales in the UK, despite the transaction having absolutely nothing to do with the US government [1].

There are exemptions which are pretty low and clearly don't cover the above examples. Plus you still have to do the overly onerous reporting of all your bank accounts. Ultimately the winners are the accountants.

It's not justified at all by services that the US does for overseas citizens, many countries do that without needing a draconian tax system for non-resident citizens.

I think it sort of comes down to Americans believing that you must be up to something dodgy if you want to live in another country :)

[1] http://www.theatlantic.com/international/archive/2015/02/bor...

Re:Enter your address and find out everyone who represents y... by maxerickson on Friday December 30, 2016 @09:43AM (#13284562)
You're taxed like a resident by the US.

Not really. You get to offset foreign taxes and exempt more income than most US residents earn.

The filing requirements are sort of onerous, the taxation isn't.

I can see where it is sort of punitive to pay taxes on a large capital gain that has nothing to do with the US, but when you are talking about hundreds of thousands of dollars of such income you are talking about outliers.

Re:Enter your address and find out everyone who represents y... by lokedhs on Friday December 30, 2016 @04:37AM (#13283515)
The US is one of very few countries who collect income tax from their overseas citizens.
Re:Enter your address and find out everyone who represents y... by chanandler_bong on Friday December 30, 2016 @06:44AM (#13283891)
There are only two; the US and Eritrea.
Re:Enter your address and find out everyone who represents y... by AnAfrican on Friday December 30, 2016 @08:32AM (#13284252)
yep (with few minor exemptions related to income from tax heavens)

https://en.wikipedia.org/wiki/International_taxation#Individ...

As a side note, the biggest difference seems to be how countries treat foreign income.

Almost every country that has Income Taxes will tax any local income.

But there's a lot of variance on what they do for foreign income.