Unless American tax laws and financial regulations are changed, it is not so easy anymore. Americans overseas are subject to many unusual financial reporting re

Unless American tax laws and financial regulations are changed, it is not so easy anymore. Americans overseas are subject to many unusual financial reporting requirements imposed by the USA which make it (1) expensive since a tax accountant/lawyer generally has to be retained annually to cope with them, and (2) difficult, since foreign banks are less and less willing to open accounts for Americans (they get subjected to reporting requirements themselves if they do that).