Some female physicians in the U.S. are considering moving north of the border to practice medicine due to the changing political landscape in their country.
There are a few countries in the world where you can hold US dual citizenship. Canada is one if them. You can become a Canadian citizen without renouncing your US citizenship
A post (that now appears to be deleted) of a American that moved to Singapore and renounced their citizenship after obtaining Singaporean citizenship. Apparently the OP there was charged $2300 to do it and the post was a digital receipt for that.
Don’t forget to renounce your US citizenship. It costs just $2300 + income tax on everything you have
This is why you wait until the wars start and it’s free.
Aaaand your USD is worthless
There are a few countries in the world where you can hold US dual citizenship. Canada is one if them. You can become a Canadian citizen without renouncing your US citizenship
But isn’t it true that you still have to pay some sort of annual tax to the USA even if you no longer live there?
Americans have to submit tax forms to the IRS every year, even if they are no longer living there or earning income there.
No. It is not true.
I lived outside the US for many years and never even filed my taxes because my income was less than $100,000 per year.
If you earn a bit more than that, or you have income from capital gains, then may have to report it and pay taxes, yes.
See IRS rules for “Foreign Income Exclusion”
Could you explain this? I don’t know the context.
A post (that now appears to be deleted) of a American that moved to Singapore and renounced their citizenship after obtaining Singaporean citizenship. Apparently the OP there was charged $2300 to do it and the post was a digital receipt for that.