[1] - https://buildremote.co/companies/companies-leaving-californi...
[2] - https://www.telegraph.co.uk/business/2023/04/10/norway-wealt...
Nowhere? Americans are (almost) the only people subject to income tax even on income not made in the US. You'd need to get a very good income to live on two sets of taxes (how unfree for such supposedly free people...)
Which is why Tina Turner died a Swiss citizen.
America has a habit of making laws that it compels other countries to follow, and banking is definitely one of those. Foreign banks dealing with US nationals have a mountain of paperwork, rules, and regulations to abide to the point that US citizenship is often a substantial hurdle to foreign banking. And, as usual, the extremely high wealth types that acts like FATCA [1] ostensibly target have little difficulty finding ways around it. It's the 'normal' people who get hit the hardest.
[1] - https://en.wikipedia.org/wiki/Foreign_Account_Tax_Compliance...
(plus you still have to pay outstanding taxes, plus an exit fee that goes up substantially if you make a lot of money; plus I'm pretty sure the Swiss median income, for Tina Turner's example, is higher than 120k USD per year so you're always paying taxes)
https://www.irs.gov/individuals/international-taxpayers/figu....
That means that for your first $120k earned, if you pay tax on that in your country of residence and meet other criteria, you will not be double taxed by the US.
> As America descends into the California model of madness and tech-mediated kakistocracy, the smart and adventurous Americans; the kind that found tech companies, or build devilish new weapons for governments, will leave. I know many who have. Virtually everyone I speak to (of course a biased set) is thinking about it. Left wing, right wing: people in tech, military technology, finance, crypto; they see the US heading over the waterfall into madness and want no part of it.
Accepting for the moment that this observation is correct, what are the destinations that the smart and adventurous Americans are leaving to? What places in the world are now the most hospitable and the most rewarding for talent? My naive impression was that Wester European countries are even less agile and enterprising than the US, and anyway, move in lockstep with it. Russia is obviously out. I doubt people are moving to African countries. Nor do I think I heard about an immigration wave into China. And despite Balaji's bullishness on India, I thought net migration is still out of India rather than the other way around. Same with Eastern Europe. So where are these Americans going? Australia? Israel?