it's not just about taxes. US Citizens who live overseas can't invest in what are effectively foreign mutual funds (PFIC in IRS parlance). While retirement pl

it's not just about taxes. US Citizens who live overseas can't invest in what are effectively foreign mutual funds (PFIC in IRS parlance). While retirement plans are generally exempted if there's a tax treaty, that doesn't help other forms of money one might get. Your local government gives your child a grant of money each month to be invested in a choice of funds? You're a US citizen? sorry, you're out of luck, this makes doing taxes effectively very very difficult.