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submitted 1 year ago by Custoslibera@lemmy.world to c/memes@lemmy.ml
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[-] Fullest@sh.itjust.works 17 points 1 year ago

Do you realize how difficult it is to move from one country to another? It's expensive as hell, and if you're a US citizen you still owe taxes on money you make while living abroad.

Additionally, the cost to renounce US citizenship is the highest in the world by a large margin. $2350 + exit taxes, as of this writing. https://common.usembassy.gov/en/renounce-citizenship/

Next highest is Jamaica at $1040 as of this writing. https://congenjamaica-ny.org/renunciation-of-jamaican-citizenship/

The USA is an inescapable hellhole for the poor, so think for a few seconds before you make another shit comment like this.

You only pay the US taxes if you'd owe more to federal tax than you're paying to the host country, but yeah.

[-] jcit878@lemmy.world 2 points 1 year ago

speaking as someone married to an American who migrated to my country.. the cost of renouncing your citizenship is far cheaper than the backward arse tax system that applies to US citizens regardless where they live, and the need to pay someone to do your taxes for you even if you owe nothing.

Once you get citizenship elsewhere (if you can) I'd recommend renounce US on sheer economic grounds alone

[-] Getallen@feddit.nl 1 points 1 year ago

Alright, fair. I know already after the other 400 replies saying the same exact thing.

this post was submitted on 17 Sep 2023
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