Page 2 of 2 FirstFirst 12
Results 21 to 25 of 25

Thread: Somewhat of a Change of Pace

  1. #21
    Registered User
    Join Date
    Nov 2007
    Posts
    2,560

    Re: Somewhat of a Change of Pace

    Quote Originally Posted by ne7minder View Post
    I'd be interested in examples. I am friends with two dualies (unrelated) who have lived both in the US and their other homes (Switzerland and Canada) and worked with professionals who worked for extended periods overseas. When I was looking at an offer for a 3 year gig in Bahrain I talked to them & none of them mentioned any problems. I don't have personal knowledge so I'd like to hear what you know & how.
    After posting that I went back to see if I could find those articles but no luck so far (I thought that I may have saved them). I'll look further when I have some time. Very disturbing accounts.

    As a further point there are only two countries on the planet who demand income taxes from the worldwide income generated by their "citizens" regardless of where those citizens live full time...Eritrea and the USA. Great company the US government keeps. This was my point about the child, if she never sets foot in the US but is somehow deemed a US "citizen" the US government will be expecting her to pay it income taxes on any earned income regardless of the fact that she would also be paying income taxes to the country in which she resides and earns her income.

    Worthy of note is also the fact that in the last 5 or 6 years or so the US government has substantially increased the fee that one has to pay it in order to renounce his or her citizenship as the number of such applications annually was rising alarmingly. An exit tax, as it were. As I recall it was $200-300. Then it was increased by $100-200 approx. Then it went to $1000-1200 and then to around $2500 or so a few years ago from what I last read. Too many sheep were waking up and leaving the pen which is not good for those in charge of the shearing. So, increase the difficulty encountered by those attempting to leave. Thwart their efforts so they can tell their friends and discourage them. The noose tightens.

    Anyway, this was the basis for my saying that the parents need to educate themselves quickly so that they can make informed decisions for their daughter. Their ignorance on the topic will be very expensive for the child in more ways than one if she is deemed to be a US citizen but resides and earns her living in another country.
    Last edited by Blackbeard; 12-08-2017 at 01:15 AM.

  2. #22
    #SOAR TonyTheTiger20's Avatar
    Join Date
    Jan 2007
    Location
    Madison, CT
    Posts
    10,243

    Re: Somewhat of a Change of Pace

    Jesus this is just the worst thread, congratulations to all of you.

  3. #23
    Registered User
    Join Date
    Nov 2007
    Posts
    2,560

    Re: Somewhat of a Change of Pace

    Quote Originally Posted by ne7minder View Post
    I'd be interested in examples. I am friends with two dualies (unrelated) who have lived both in the US and their other homes (Switzerland and Canada) and worked with professionals who worked for extended periods overseas. When I was looking at an offer for a 3 year gig in Bahrain I talked to them & none of them mentioned any problems. I don't have personal knowledge so I'd like to hear what you know & how.
    Here's one I just stumbled upon (although not one of the ones that I was thinking of) with several embedded links, one of which I've also included.

    As I was checking for you last night I came across the newly increased "exit tax". As I mentioned it's been rising dramatically to keep the sheep in the pen. Apparently, it is now half the uppity ingrate's net worth! If that is accurate it bears some serious thought of what a government is doing to its citizens. "Freedom"...nothing but lip service when it comes from government officials.

    http://reason.com/blog/2015/04/16/fa...-citizenship-i

    http://reason.com/blog/2015/02/12/re...-renounce-citi

  4. #24
    Registered User
    Join Date
    Oct 2014
    Posts
    1,876
    Quote Originally Posted by Blackbeard View Post
    After posting that I went back to see if I could find those articles but no luck so far (I thought that I may have saved them). I'll look further when I have some time. Very disturbing accounts.

    As a further point there are only two countries on the planet who demand income taxes from the worldwide income generated by their "citizens" regardless of where those citizens live full time...Eritrea and the USA. Great company the US government keeps. This was my point about the child, if she never sets foot in the US but is somehow deemed a US "citizen" the US government will be expecting her to pay it income taxes on any earned income regardless of the fact that she would also be paying income taxes to the country in which she resides and earns her income.

    Worthy of note is also the fact that in the last 5 or 6 years or so the US government has substantially increased the fee that one has to pay it in order to renounce his or her citizenship as the number of such applications annually was rising alarmingly. An exit tax, as it were. As I recall it was $200-300. Then it was increased by $100-200 approx. Then it went to $1000-1200 and then to around $2500 or so a few years ago from what I last read. Too many sheep were waking up and leaving the pen which is not good for those in charge of the shearing. So, increase the difficulty encountered by those attempting to leave. Thwart their efforts so they can tell their friends and discourage them. The noose tightens.

    Anyway, this was the basis for my saying that the parents need to educate themselves quickly so that they can make informed decisions for their daughter. Their ignorance on the topic will be very expensive for the child in more ways than one if she is deemed to be a US citizen but resides and earns her living in another country.
    That is odd as it runs counter to the experience shared with me my 2 different dualies.

    But,since we are working hard to keep down with Eritrea on healthcare and income equality let's go for the trifecta.

  5. #25
    Registered User
    Join Date
    Feb 2001
    Location
    Rochester, NY USA
    Posts
    5,112

    Re: Somewhat of a Change of Pace

    Quote Originally Posted by ne7minder View Post
    That is odd as it runs counter to the experience shared with me my 2 different dualies.
    Me, too, with someone I know in Canada. And he served in Vietnam before moving to Canada ... and only stayed because he met a woman, got married, and started a family. So, he got Canadian citizenship, but refused to renounce his American citizenship.
    Russell Jaslow
    [Former] SUNYAC Correspondent
    U.S. College Hockey Online

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •