3 ms·

> They can work and live in any country in the EU Brexit might well see to that one though. And working in Australia visa free isn't all sunshine and roses, yo

> They can work and live in any country in the EU Brexit might well see to that one though. And working in Australia visa free isn't all sunshine and roses, you have to pay full Australian taxes, but get none of the benefits of being an Australian resident or citizen.

dudul 10y ago
Well, a US passport isn't all sunshine and roses either. The only country I know that taxes its citizens living abroad.
- CPAhem 10y ago
  Indeed, quite a few US citizens abroad cancel their US citizenship due to IRS tax problems.
- tixzdk 10y ago
  Denmark does as well, to a high degree
  - richarme 10y ago
    As opposed to the US, Denmark does not impose global tax on citizen who are not considered residents or have a home available to them there.
    - Erwin 10y ago
      There have however been quite a few high profile cases of whether you are considered a resident of Denmark or not, after leaving Denmark -- something that has hit a golf player, a model and apparently 100 others whose cases were handled internally by the tax authorities. In a blink of an eye, you can become a tax evader and essentially lose everything you've earned plus be sentenced to years in prison... unless you're the husband of the prime minister (who worked in Switzerland, paid no tax in Denmark yet essentially lived here). So if you're leaving Denmark for Silicon Valley to run your startup, get legal help to ensure you won't suddenly get taxed for all your US-earned income because your left your wife/girlfriend in Denmark, visited her and say, answered a few emails or spent some money.
vacri 10y ago
> but get none of the benefits of being an Australian resident or citizen. What, are you barred from going to the beach? :) Paying full host country taxes isn't a problem unless you're also paying home country taxes.
- celticninja 10y ago
  Which is only and issue if you are American.
  - ForHackernews 10y ago
    The US has tax treaties with most countries to avoid dual taxation. You still have to file a return, but except in rare circumstances, you will never have to pay double taxes to both host country and home country.
    - celticninja 10y ago
      But it is a ball ache, not only for the ex pat but also for the banks that deal with them, so much so that there are many reports of banks refusing US citizens accounts and closing ones they do have. There may be no double taxation occurring but there is administration involved in the part of everyone involved. Essentially a ridiculous cost forced on all parties by the US govt.

dudul 10y ago

Well, a US passport isn't all sunshine and roses either. The only country I know that taxes its citizens living abroad.

CPAhem 10y ago
Indeed, quite a few US citizens abroad cancel their US citizenship due to IRS tax problems.
tixzdk 10y ago
Denmark does as well, to a high degree
- richarme 10y ago
  As opposed to the US, Denmark does not impose global tax on citizen who are not considered residents or have a home available to them there.
  - Erwin 10y ago
    There have however been quite a few high profile cases of whether you are considered a resident of Denmark or not, after leaving Denmark -- something that has hit a golf player, a model and apparently 100 others whose cases were handled internally by the tax authorities. In a blink of an eye, you can become a tax evader and essentially lose everything you've earned plus be sentenced to years in prison... unless you're the husband of the prime minister (who worked in Switzerland, paid no tax in Denmark yet essentially lived here). So if you're leaving Denmark for Silicon Valley to run your startup, get legal help to ensure you won't suddenly get taxed for all your US-earned income because your left your wife/girlfriend in Denmark, visited her and say, answered a few emails or spent some money.

vacri 10y ago

> but get none of the benefits of being an Australian resident or citizen. What, are you barred from going to the beach? :) Paying full host country taxes isn't a problem unless you're also paying home country taxes.

celticninja 10y ago
Which is only and issue if you are American.
- ForHackernews 10y ago
  The US has tax treaties with most countries to avoid dual taxation. You still have to file a return, but except in rare circumstances, you will never have to pay double taxes to both host country and home country.
  - celticninja 10y ago
    But it is a ball ache, not only for the ex pat but also for the banks that deal with them, so much so that there are many reports of banks refusing US citizens accounts and closing ones they do have. There may be no double taxation occurring but there is administration involved in the part of everyone involved. Essentially a ridiculous cost forced on all parties by the US govt.