Do you realize how difficult it is to move from one country to another? It’s expensive as hell, and if you’re a US citizen you still owe taxes on money you make while living abroad.
speaking as someone married to an American who migrated to my country… the cost of renouncing your citizenship is far cheaper than the backward arse tax system that applies to US citizens regardless where they live, and the need to pay someone to do your taxes for you even if you owe nothing.
Once you get citizenship elsewhere (if you can) I’d recommend renounce US on sheer economic grounds alone
Primarily because it’s really difficult to move countries. Even when an other country is “better”, by whatever metric you may choose, the high switching cost makes the move worse for individuals unless staying in a country is really really bad. That threshold is typically when subsistence in the country of origin becomes untenable, often due to war or famine.
its pretty much the only way you would move to a first world country is be rich. most countries only take a certain number of people with certain skillsets, and have limited quotas for unskilled migration via things like spouse/family. anyone who thinks someone can just pick a country and move there is either stupid or naive
Half the population has less than 1000 bucks in savings and doesn’t have a degree like an MD that would bump them to the top of the list as far as citizenship elsewhere. How do you propose people make this happen? The people who are most disadvantaged are those who would have the hardest time doing so.
Then why dont you leave it?
Do you realize how difficult it is to move from one country to another? It’s expensive as hell, and if you’re a US citizen you still owe taxes on money you make while living abroad.
Additionally, the cost to renounce US citizenship is the highest in the world by a large margin. $2350 + exit taxes, as of this writing. https://common.usembassy.gov/en/renounce-citizenship/
Next highest is Jamaica at $1040 as of this writing. https://congenjamaica-ny.org/renunciation-of-jamaican-citizenship/
The USA is an inescapable hellhole for the poor, so think for a few seconds before you make another shit comment like this.
You only pay the US taxes if you’d owe more to federal tax than you’re paying to the host country, but yeah.
speaking as someone married to an American who migrated to my country… the cost of renouncing your citizenship is far cheaper than the backward arse tax system that applies to US citizens regardless where they live, and the need to pay someone to do your taxes for you even if you owe nothing.
Once you get citizenship elsewhere (if you can) I’d recommend renounce US on sheer economic grounds alone
Alright, fair. I know already after the other 400 replies saying the same exact thing.
Primarily because it’s really difficult to move countries. Even when an other country is “better”, by whatever metric you may choose, the high switching cost makes the move worse for individuals unless staying in a country is really really bad. That threshold is typically when subsistence in the country of origin becomes untenable, often due to war or famine.
ok then
Where else is there really to go? You have to be rich to expatriate.
its pretty much the only way you would move to a first world country is be rich. most countries only take a certain number of people with certain skillsets, and have limited quotas for unskilled migration via things like spouse/family. anyone who thinks someone can just pick a country and move there is either stupid or naive
Well i guess im the latter now
I was a bit harsh but nah mate your all good. we all gotta learn at some point
Tons of migrants aren’t rich and are still capable.
Half the population has less than 1000 bucks in savings and doesn’t have a degree like an MD that would bump them to the top of the list as far as citizenship elsewhere. How do you propose people make this happen? The people who are most disadvantaged are those who would have the hardest time doing so.