3 ms·
I have my retirement accounts from back when I was still living in the US, but I cannot add to them. Anything I make on a non-retirement account has to be repo
by MandieD 8y ago
I have my retirement accounts from back when I was still living in the US, but I cannot add to them.
Anything I make on a non-retirement account has to be reported to the German tax authorities, too - and I'll probably have to pay German taxes on those gains when I pull money out of them. Germany taxes all income earned by its residents, no matter where the source, but if my husband (German citizen) were a US resident, they would not tax what he earned in the US.
- miscreanity 8y agoI am considering citizenship options for the same reasons - access to financial instruments that US institutions such as the SEC prohibit, despite some of those instruments being far better than can be obtained domestically. It can be difficult to achieve but the optimal situation is to be a citizen of a minimal or tax-free country, reside in a separate country and do business or work in a third. Treating countries/governments like companies that have to vie for your business is a perspective that helps protect oneself and family.