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I'm working in the US under a TN Visa at the moment as a Canadian citizen, and until this changes I'm never going to apply for a green card, and have been advis
by eins1234 6y ago
I'm working in the US under a TN Visa at the moment as a Canadian citizen, and until this changes I'm never going to apply for a green card, and have been advising all my friends in similar situations to do the same.
We choose to live & work here because SV is the Mecca of software development, but that could very easily change within our lifetimes, so tying ourselves down with this ridiculous obligation for life doesn't make any sense in the long term.
- ericd 6y agoYou're free to renounce the citizenship, it's not a lifetime obligation to pay taxes to the US.
- EduardoBautista 6y agoYou are free to renounce the citizenship, although it's not free (as in beer) to do so.
- eins1234 6y agoExactly, the exit tax is no joke: https://www.irs.gov/individuals/international-taxpayers/expatriation-tax https://www.irs.gov/individuals/international-taxpayers/expa... Never becoming a citizen in the first place saves so much money and headache.
- emiliobumachar 6y agoDid you mean you're not going to apply for citizenship? Does the global tax extend to green card holders who are not citizens?
- Kranar 6y agoFor the vast majority of scenarios, the U.S. taxes citizens the same way as it taxes non-citizens. It doesn't matter whether you have a green card or are even working in the U.S. illegally, the tax laws apply to you just as well as they apply to a citizen. Yes there are exceptions for some class of residents but they are quite fringe. Further reading: https://www2.deloitte.com/content/dam/Deloitte/us/Documents/Tax/us-tax-taxation-of-foreign-nationals-by-the-us.pdf https://www2.deloitte.com/content/dam/Deloitte/us/Documents/...
- eins1234 6y ago> Does the global tax extend to green card holders who are not citizens? Yep, see question 2: > You have to file a U.S. income tax return while working and living abroad unless you abandon your green card holder status by filing Form I-407, with the U.S. Citizen & Immigration Service, or you renounce your U.S. citizenship under certain circumstances described in the expatriation tax provisions. See Publication 519, U.S. Tax Guide for Aliens, for more details. https://www.irs.gov/individuals/international-taxpayers/frequently-asked-questions-about-international-individual-tax-matters https://www.irs.gov/individuals/international-taxpayers/freq...