Americans have to pay income taxes to the US government even if they don't live in the US
Americans have to pay income taxes to the US government even if they don't live in the US
Why do you insist on being an American citizen if you do not live there?
>muh land of the freedums
you belong to us government, peasant
Based retard
As an American, you can live and work all around the world on military bases as a civilian or contractor with tax-free status, while also enjoying the local host nations without paying their outrageous taxes. Not to mention making 3x, sometimes 10x, the average salary of those local nationals. Great way to take advantage of cheap cost of living and at the same time not have to put up with the misery of living in the USA.
Can't think of another citizenship with that level of basedness. Must suck to not own 1/3rd of the world I guess.
Foreign tax exclusion dumb fuck
That's how it works in most countries, but usually you don't have to pay, you just have to repoert how much you made how much taxes you paid in that other country and that's it.
Look up tax residency rules. usually you need to spend a certain amount of time outside your country and not have your 'center of life and personal interests' there to not be ogligated to report your earnings from other countries
people always like to make fun of eachother here telling others how fiscally cucked they are but most countries have very similar rules, especially when it comes to ta agencies/banking, etc fiscally it's been basicly globalization for many years now
who would choose to live outside the US lol
as far as im aware only america and one other country in the world operate the way OP said
Then why is it necessary for those who expatriate for tax purposes to renounce their citizenship?
>who would choose to live outside the US lol
The west has been losing its technological and creative edge to the rest of the world for a long time now.
>city built by slaves
>can't even drink alcohol there
No thanks
You have absolutely no idea what you're talking about. Only the US expects taxes from US citizens living outside of the country, no matter how long they do that for.
The only way you get out of that is by renouncing US citizenship, which costs $2300 and isn't an easy process either.
Land of the free.
And there are people living there who would call most US cities shitholes.
>certain amount of time
yeah 6 months in the current tax year lol
most countries have treaties with each other to avoid dual taxation. you only need to report income in the country you're residing in the given tax year.
>picture of city designed by westerners and built by slaves
Real think maker
Its exepempted 100% up to 115k and you're better off paying it because you can cash out big time when you get back to the US and file for the maximum social security disability benefit.
>picture of city designed by westerners and built by slaves
That's how great cities have been made since time immemorial. Keep coping because Saudis can keep their streets clean without being called racists and you can lmao
that said, being american has tons of benefits.
for one, there aren't tens of thousands of NSA agents who can remote desktop into your pc anytime and sniff around, stealing your trading algos in case you make it
so you want to tell me that if you work let's say in germany and paid your taxes there then you have to pay taxes again in america basicly paying twice us much in total? I'm calling bs, there are treaties preventing double taxation, at worst they may want the difference between how much taxes you'd owe for that income in both countries if it were more in the US
Dubai is a shithole and a terrible example. You probably think wading through a sea of prostitution advertisement business cards every time you step outside is somehow novel though.
mutts are slaves
In America your house is not capital gains exempt?
Lmao
They mostly think they're free just because they have good gun rights, but its irrelevant because they are all too pussy to actually ever use said rights for their original purpose.
>they are all too pussy to actually ever use said rights for their original purpose.
not true, school shootings happen on the daily
yeah but the guys who shoot up schools are delusional autists. they're not fighting for anyone's rights, not even their own
The price of freedom.
/clap
I'm in this position. I just don't pay. They can't do anything about it unless I fly to USA.
>and at the same time not have to put up with the misery of living in the USA.
>the misery of living in the USA.
Can you elaborate?