Re:Wealthy people are renouncing American citizenship
by refurb on Thursday August 05, 2021 @09:13PM
(#28082146)
What taxes? When I lived outside the US my wife and I would have to make more than ~$300k USD per year before any US tax obligation kicked in. And that was living in a lower tax jurisdiction.
In a country with higher taxes and a tax treaty you could earn $1M per year and never pay the IRS a dime.
In a country with higher taxes and a tax treaty you could earn $1M per year and never pay the IRS a dime.