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I imagine it's more of a "check this box to verify you are not a US citizen" system. The bank could then charge your account fees if you lied and they had to d
by wmil 12y ago
I imagine it's more of a "check this box to verify you are not a US citizen" system. The bank could then charge your account fees if you lied and they had to deal with the IRS.
I actually think the US tax return laws are reasonable -- there have to be some obligations for citizens to go along with the rights they have.
- Someone1234 12y ago> there have to be some obligations for citizens to go along with the rights they have US Citizens abroad have no real legal rights. edit: All the downvoters want to weigh in on exactly what a US citizen living outside of the US gains in terms of "rights?"
- desdiv 12y agoThe right to return to the US and live there permanently, for one.
- Someone1234 12y agoBut US citizens living abroad have to file tax returns even when they don't exercise that right. They could live abroad for the remainder of their life and have to file (under IRS rules). That seems like a very flimsy argument for why US nationals abroad have to file tax returns.
- wmil 12y agoThe US gov will make substantial efforts to help you if you're caught in a war zone. That's a big plus if you live or travel to dangerous areas. I'm a Canadian, but I've heard stories about people working overseas with other foreign workers. When things get bad the American's are quickly evacuated, other not so quickly. Also if you ever move to the US you immediately, or at least very quickly, qualify for programs you never paid into. Medicare if you're old, in state tuition if you have kids, etc.
- ArtDev 12y agoThere are many people who do not even know they are US citizens! Every kid of an expat may not know they are actually considered naturalized US citizens. In fact, the US Consulate won't even tell you the truth!
- kiiski 12y agoWhat rights do US expats have to go along with the obligations? The article doesn't seem to mention any.
- Someone1234 12y agoTwo reasons, first off the US government can request banks abroad put a hold on US citizen's money. Secondly if you ever enter the US they can hit you with fines and interest.