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A comment on Americans abroad are giving up their citizenship as banks shut down accounts. Parent comment

Re:Americans abroad are giving up their citizenship as banks... by GFischer on Thursday September 25, 2014 @01:53PM (#8368503)
Yes, although the U.S. will expect you to file and pay taxes (as the article above explains) :)
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Re:Americans abroad are giving up their citizenship as banks... by ArtDev on Thursday September 25, 2014 @02:05PM (#8368593)
You want the foreign earned income tax credit. I am designing my life around it!

Check out Belize and Costa Rica. Neither country will tax you at all. You even will qualify for a special residency visa!

Greeting from Greece!

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Re:Americans abroad are giving up their citizenship as banks... by toomuchtodo on Thursday September 25, 2014 @01:58PM (#8368545)
Right right, no problems there. I'm comfortable, not wealthy, and a remote worker :)
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Re:Americans abroad are giving up their citizenship as banks... by mahyarm on Thursday September 25, 2014 @02:53PM (#8368944)
You'll still have a $5k tax return to pay $0 in tax, have significantly higher penalty risk and have a hard time doing banking outside of the USA.
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Re:Americans abroad are giving up their citizenship as banks... by toomuchtodo on Thursday September 25, 2014 @03:09PM (#8369067)
I'm okay with that.
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