Domingo Halliburton
Handmade in USA
If America wasn't the only country that taxed you abroad you wouldn't have to worry about renouncing.
If America wasn't the only country that taxed you abroad you wouldn't have to worry about renouncing.
i just posted this other thread
http://www.thecoli.com/threads/pass...tizenship-into-resource.300348/#post-12554331
it shows that people would give their left nut to get a passport that lets them travel unimpeded, which is what a us passport does, it lets you into any country in the world (except for north korea and cuba) with no hassle
Anybody ever seriously researched and considered this?
Not seriously research. Never seriously considered it.
Seems like a good way to catch some serious Ls. I seriously looked into it and wouldn't consider it anymore.
God Willing I'll live in another country when I get my bread right. Most likely in Africa or the Caribbean. Africa is developing at a super fast rate and you have a lot of people from all over the world moving there. Meanwhile there are so many African Americans not even considering it even though they're Black (can blend in easier), have connections in the US, have access to capital, and college educated.
One of my favorite podcasts is called "China in Africa". What I've learned is that mad Chinese are moving to Africa and making a living. Many of them are uneducated and poor.
http://www.stitcher.com/podcast/china-africa-project/the-china-in-africa-podcast
Being black in America is a Pyramid Scheme.
The average net worth for a black family is ZERO.
I've heard that a white person with a criminal record is more likely to get a job than a black person with a degree.
African Americans stay trying to rep a county that will NEVER except them. Thousands of new non-Black immigrants pour in and within a generation their children have more privilege than blacks. Don't forget Obama doesn't have a drop of slave blood.
I think African American should take a page from the Jewish playbook and LEAVE when there's trouble.
Enslaved in Egypt?... Dip
Targeted in Spain?... Dip
Slaughtered in Germany?.... Dip
And now look at the power and wealth they have.
Meanwhile... Blacks in America? .... Still here
what does that have to do with renouncing your citizenship?
but to answer op, unless you have money and citizenship in a stable country, that would be pretty stupid, the us is peculiar in that they tax you no matter where you live, so people that are super rich and can already travel and do whatever they want find it a burden, that's a very unique situation that very few people find themselves in, like tina turner http://www.washingtonpost.com/blogs...turner-formally-relinquishes-u-s-citizenship/
for regular people a us passport is a very powerful thing to have overseas, you would be stupid to give it up
Renounce your first-world passport brehs
If America wasn't the only country that taxed you abroad you wouldn't have to worry about renouncing.
Article is fascinating as hell. You need hella bread tho
You gotta read that article man. I don't know if i'd ever do it (or have the money to take it seriously) but just knowing that these services exist just opens your eyes up to the possibilities out here man.I was looking at Switzerland too breh
Geneva looking expensive like the bay though ....
I was looking at Switzerland too breh
Geneva looking expensive like the bay though ....
Unless you have another passport. Some people are duel citizens. Citizens of countries that wont have you with a target on your back once you touch down.
no its not a trick question
why would renouncing your american citizenship alleviate the disadavantage of being black?
but if you insist, here you go
http://travel.state.gov/content/tra...aws-policies/renunciation-of-citizenship.html
of course you dont have to be superrich, anybody can do it, but 99 percent of peolpe that do it are super rich
for most normal people its worth it because of the advantages of carrying a us passport
and like i said, most rich american overseas do not like paying taxes, if you are rich and overseas then it might make sense
making 150000 a more a year for the rest of your life in a foreign country is not realistic, but if thats what you are making () than more power to you, maybe you should consider renouncing it
so you are gonna live in a country that would get you killed for being american......ok....have fun, im sure nobody will notice how you talk and dress and you will blend in real good or you can just yell "me no yankee, me no speaka engish" before they shoot you
People really have small minds to think the U.S. is the end all, be all. A whole world is out there.
If I live outside of the U.S. and have residency and/or citizenship in the new country, the fukk do I look like paying taxes to Uncle Scam?
Actually, the US has a list of countries that doesn't allow dual citizenship...its kinda extensiveactually there are a lot of countries that dont allow dual citizenship, so another advantage of a us passport is that the us doesnt care if you become a citizen of another country, so dual citizenship is another advantage of of a us passport
thats why i asked how is the essay about moving abroad related to renouncing citizenship, if you want to move abroad then move abroad, unless you are rich you arent gaining anything by renouncing your citizenship and renouncing your citizenship isnt going to alleviate black issues, you think racism against black people is only in the us?
THIS.that makes sense if you are rich or have citizenship in a stable country, it makes no sense if you are not, the us passport alone is worth paying taxes for
that makes sense if you are rich or have citizenship in a stable country, it makes no sense if you are not, the us passport alone is worth paying taxes for
exit tax
no assurance of reentry
bye bye social security/ medicare
instability risks in whatever country you take citizenship in: changing laws and tax rules in whatever country, lack of social safety nets
taxes are pretty low in the US and its completely possible to have an effective tax rate of 0
there's quite a bit honestly, gotta run