Re:On Receiving my Certificate of Loss of Nationality
by throw63738 on Thursday October 14, 2021 @03:04PM
(#28868537)
In practice US citizens have it difficult to even open simple bank account. Most foreign companies prefer not to deal with US gov.
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Re:On Receiving my Certificate of Loss of Nationality
by welder on Thursday October 14, 2021 @03:22PM
(#28868765)
Yes! Banks in Germany would flatly say "we can't help you" when I pulled out my US passport. The only one I could get was Number26, which is technically only an online bank account.
Re:On Receiving my Certificate of Loss of Nationality
by usr1106 on Friday October 15, 2021 @02:48AM
(#28875040)
N26 is in the headlines for money laundering incompliance. Probably not at all related to average American expats, but as soon as they strengthen their processes they might find it the easiest not to do business with a couple of Americans.
Re:On Receiving my Certificate of Loss of Nationality
by ryanlol on Thursday October 14, 2021 @10:54PM
(#28873629)
> which is technically only an online bank account.
Which is technically also a normal bank account.
Re:On Receiving my Certificate of Loss of Nationality
by Rapzid on Thursday October 14, 2021 @03:25PM
(#28868805)
It depends on the country and the financial institution. I'm a permanent resident of another country and had no problem opening an account there(on vacation there the first time no less). Another user here reports a very easy experience opening an account with an institution in the Netherlands.