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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: SliderOnTheBlack who wrote (21853)5/10/2010 1:09:10 PM
From: grusum4 Recommendations  Read Replies (1) | Respond to of 50502
 
"Becoming an ex-Pat is looking better every day."

yes it is, BUT it now takes 6 years to renounce citizenship. free country, eh? during those 6 years you are fully taxed by the IRS. additionally you are only allowed a paltry sum to take with you if you leave. the rest will be taxed at extremely high rates. i think somewhere around 50% but that may have changed again in the last couple years since i read about it. it's not your money ya know, it's theirs, and they know it.



To: SliderOnTheBlack who wrote (21853)5/10/2010 2:42:13 PM
From: prometheus19761 Recommendation  Read Replies (2) | Respond to of 50502
 
but an ex-pat to where??could you please name 3 places you would consider??.

I have looked at several but don't have a strong feel.

It would seem wise to have your money in one place,and live in another..

sincerely P1976


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