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> You are already liable for US taxes for at least the next 10 years abroad, from the date you have been judicially determined to have abandoned your green card
by vecinu 6y ago
> You are already liable for US taxes for at least the next 10 years abroad, from the date you have been judicially determined to have abandoned your green card.
So I can't find this mentioned anywhere in your link or online. That's the first I hear of it, do you have a source?
There is an expatriation tax if you've been a GC holder for 8 out of 15 years, which I haven't been so I'm fine to leave without any hassles of worrying about taxes.
I don't see the point in US citizenship, I have 2 other strong citizenships that cover all of my needs, unless I decide to stay in the US.
It looks like I don't want to stay in the US long enough to make citizenship worth it, right now.
- disabled 6y agoMy apologies: I linked the wrong source. But, my info is otherwise correct. What I mentioned does not even have anything to do with the expatriation tax for green card holders. See: https://americansoverseas.org/en/knowledge-centre/when-are-you-a-us-person-for-tax-purposes/green-card-holders/ https://americansoverseas.org/en/knowledge-centre/when-are-y... These are the most important headers to look at: * US Income Tax: How to Relinquish the Green Card * Form I-407 or Letter of Intent to Abandon Resident Status Both of my parents were American accountants, and my father was a CPA. So, I guess I have a different outlook on taxes. I do not see them as a big deal except for the fact that I take paying my taxes very seriously, and obviously I do my best when giving information. I always pay them on time. But, I just look at it like "paying my dues to society", whether or not I actually agree with it--which in this case really does not matter--as it is due, legally. I am just stating this from purely a personal perspective, so please do not be offended. I know we all have different feelings about being taxed, double-taxed, etc. By the way: I am not afraid of renouncing my US citizenship, even though I am culturally American and it would be harder to access my family. The only reason why I do not: I have 2 rare immune-mediated neurological diseases affecting my peripheral nervous system. One of them I nearly died from, and is considered to be very rare, with case reports and small cohorts, at best, in the literature. The disease I have was discovered via National Institutes of Health (NIH) grant funds, given to the Mayo Clinic, in the early 2000s. Ultimately, as problematic as the US is, they saved my life, along with the few thousand people diagnosed with this illness worldwide.
- vecinu 6y agoI'm absolutely not offended, it's just the first time I hear about this and I can't find any supporting information about it. Even in the last link you provided, americanoverseas.org, I still can't find any mention of owing taxes to the US, 10 years after relinquishing your green card. The only thing that pops up time and time again is the expatriation tax which only applies if you had your GC for 8 years. I'm really sorry about your neurological diseases, it's such a shame US healthcare is in shambles for the general populace.