2 ms·
> There's no capital gains tax Wouldn't you still pay US tax as a green card holder or citizen? After decades in the US would be surprising if he wasnt. (And
by tonfa 5y ago
> There's no capital gains tax
Wouldn't you still pay US tax as a green card holder or citizen? After decades in the US would be surprising if he wasnt.
(And even if not, does the US have an exit tax when giving back green card or passport?)
- rsstack 5y agoWhat you describe only affects citizens (but surely he's a citizen by now). Edit to add: and green card holders who had their green card for 8+ years without naturalizing. The green card would generally be voided by moving to NZ for a year; it might help get away with _future_ appreciation of assets but of course not any _past_ appreciation.