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Old 05-13-2020, 03:10 PM
 
Location: Newport Beach, California
39,202 posts, read 27,575,665 times
Reputation: 16046

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Overwhelming majority of the countries are taxing global income. This is not unique to the US - one just has to search for the information.
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Old 05-13-2020, 03:10 PM
 
Location: Boston
20,096 posts, read 8,998,912 times
Reputation: 18744
I'm giving rides to the airport for those legitimately leaving for good.

Oh and you guys forgot if you have a few bucks there's also a Expatriation Tax you pay the IRS when you renounce your citizenship before you leave.

https://www.investopedia.com/terms/e...iation-tax.asp

Last edited by skeddy; 05-13-2020 at 03:21 PM..
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Old 05-13-2020, 03:20 PM
 
Location: Florida
7,195 posts, read 5,722,107 times
Reputation: 12337
Quote:
Originally Posted by hawkeye2009 View Post
……………………………...… so what? More room for the rest of us.

Idiots romanticize living overseas, as they have never been there. There are some cool places in Europe and Asia for sure. However, America has such a wide range of natural scenery to explore and (presumably) everyone speaks English.

I never understood why anyone would want to move away from their kids, but I guess I have different priorities.
I have two close family members who have chosen to move to different countries. I don't think they found it a problem to learn a second language or to explore Europe as easily as we explore the USA. One visits frequently (obviously not right now) and the other hasn't been back since moving years ago. They also didn't leave their children behind; one took her kids with her and the other didn't have children until he got married and had them overseas.
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Old 05-13-2020, 03:26 PM
 
Location: Santa Monica
36,856 posts, read 17,350,188 times
Reputation: 14459
Quote:
Originally Posted by Frank DeForrest View Post
Tell us where political authority comes from
The very end of a birthing canal...apparently.
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Old 05-13-2020, 03:29 PM
 
Location: Lost in Montana *recalculating*...
19,743 posts, read 22,635,943 times
Reputation: 24902
My son is a senior at MSU, is an ace engineering student and almost fluent in German. He's seriously considering finishing his masters abroad in Germany and living there FT.

I could see him staying put. As far as I'm concerned my kids are going to be the one's saddled with the Federal debt, which frankly they shouldn't have to have been. At some point taxes will go up, social spending will go down. Make a better living elsewhere.

There are greener pastures elsewhere
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Old 05-13-2020, 03:38 PM
 
2,264 posts, read 970,896 times
Reputation: 3047
Leaving the U.S. was the best decision I, as an engineer, ever made. I’m a permanent resident now of a low tax, business friendly country with an excellent national healthcare system that costs me $100 a month. Plus the coronavirus pandemic is a thing of the past here because the government did everything right from the beginning including ensuring ample supplies of PPE for everyone.
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Old 05-13-2020, 03:47 PM
 
3,604 posts, read 1,655,075 times
Reputation: 3209
Quote:
Originally Posted by mathlete View Post
Leaving the U.S. was the best decision I, as an engineer, ever made. I’m a permanent resident now of a low tax, business friendly country with an excellent national healthcare system that costs me $100 a month. Plus the coronavirus pandemic is a thing of the past here because the government did everything right from the beginning including ensuring ample supplies of PPE for everyone.

Yep...along with all wearing the PPE without protest and complaint like a good number in America...which will drag out the lockdown timeline that much longer now...along with increased infection cases and deaths...

Last edited by Fisherman99; 05-13-2020 at 04:02 PM..
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Old 05-13-2020, 03:50 PM
 
Location: East Coast of the United States
27,544 posts, read 28,630,498 times
Reputation: 25111
Quote:
Originally Posted by mathlete View Post
Leaving the U.S. was the best decision I, as an engineer, ever made. I’m a permanent resident now of a low tax, business friendly country with an excellent national healthcare system that costs me $100 a month. Plus the coronavirus pandemic is a thing of the past here because the government did everything right from the beginning including ensuring ample supplies of PPE for everyone.
What country is that?
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Old 05-13-2020, 03:53 PM
 
Location: Phoenix
30,352 posts, read 19,128,594 times
Reputation: 26228
Quote:
Originally Posted by BigCityDreamer View Post
What country is that?
My guess is Chile.
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Old 05-13-2020, 07:22 PM
 
Location: Lost in Montana *recalculating*...
19,743 posts, read 22,635,943 times
Reputation: 24902
Quote:
Originally Posted by Tall Traveler View Post
My guess is Chile.
Taiwan.
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