Senior Google exec opposes remote work, moves to New Zealand to work remotely

Re:Senior Google exec opposes remote work, moves to New Zeal... by tonfa on Thursday July 08, 2021 @07:06PM (#27778703)

> There's no capital gains tax

Wouldn't you still pay US tax as a green card holder or citizen? After decades in the US would be surprising if he wasnt.

(And even if not, does the US have an exit tax when giving back green card or passport?)

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Re:Senior Google exec opposes remote work, moves to New Zeal... by rsstack on Thursday July 08, 2021 @07:15PM (#27778767)

What you describe only affects citizens (but surely he's a citizen by now). Edit to add: and green card holders who had their green card for 8+ years without naturalizing. The green card would generally be voided by moving to NZ for a year; it might help get away with _future_ appreciation of assets but of course not any _past_ appreciation.

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Re:Senior Google exec opposes remote work, moves to New Zeal... by pbourke on Thursday July 08, 2021 @07:32PM (#27778886)

There’s an exit tax that applies to long-term green card holders and people who give up their citizenship.

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Re:Senior Google exec opposes remote work, moves to New Zeal... by rsstack on Thursday July 08, 2021 @07:35PM (#27778900)

You're right, I'll amend to mention this edge case.

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