Interesting topics: Citizenship

Interesting topics: Citizenship

Tuesday, April 03, 2018

Most people in the world wouldn’t dream of renouncing their citizenship much less want to move some place else, but that is exactly what some of these couples and individuals have done. Perhaps they got tired of the tax structure or wanting to retire to a tropical island somewhere for the rest of their lives, but it is something to think about if you have ever traveled overseas. Most people want to come to the home of the brave and land of the free but a lot of business owners are starting to see the merits of the tax structure elsewhere. Perhaps if you are starting your own site or having to report multiple worldwide incomes you might want to do your own research. Here is a good place to get started.

https://moodysgartner.com/renouncing-your-u-s-citizenship-is-divorcing-uncle-sam-right-for-you/

Costly: $2k+

https://www.investopedia.com/articles/personal-finance/060515/why-people-renounce-their-us-citizenship.asp

https://www.taxesforexpats.com/articles/expatriation/considering-giving-up-your-us-citizenship-facts-you-need-to-know-about-social-security.html

https://extranewsfeed.com/https-medium-com-rachelheller-why-i-renounced-my-us-citizenship-e1f77b1969ce

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Author: savvywealthmedia

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