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Post by barrumundi on Nov 11, 2015 11:08:04 GMT -5
There has in the past been considerable debate about this subject on various Colombia Forums.......but I'm not sure if this subject would be of interest to our current members. None the less, it is an interesting read:
While not a lot of people ever entertain the thought of giving up their U.S. citizenship, there are more people every year that are making that choice. Among them are several wealthier people whose main reason for renouncing is to escape the country’s overloaded tax system; including extremely high tax rates for the wealthy and those who earn are big global earners.
U.S. Doesn’t Want You to Leave
However, it would seem that maybe the United States isn’t too keen on the idea of people giving up their citizenship. In fact, it appears that the government has taken notice of the increasing number of people choosing to defect, and it has decided to do something about it. The State Department has recently raised the fee for U.S. citizens who want to renounce their citizenship from a mere $450 to $2,350. Compared to other countries, the U.S.’s fee is more than 25 times higher than the average level in other countries considered high-income.
www.groco.com/article/thinking_about_giving_up_your_u_s_citizenship_think_twice.aspx
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Post by robbierobnj on Nov 11, 2015 16:13:40 GMT -5
I think you have to be crazy to give up citizenship especially to live in a 3rd world joint. Unless you are super wealthy it's probably a big mistake
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Deleted
Deleted Member
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Post by Deleted on Nov 11, 2015 17:09:29 GMT -5
Right--one would then lose their right to vote for Hillary ! ! ! !
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Post by gallito on Nov 11, 2015 18:25:23 GMT -5
Right--one would then lose their right to vote for Hillary ! ! ! ! ...or Donald!
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Post by dandl93 on Nov 11, 2015 21:13:15 GMT -5
If hillary gets elected the flood gates will open with americans dropping their citizenship you watch.
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winsurfer
Junior Member
felem in catino
Posts: 49
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Post by winsurfer on Nov 12, 2015 19:47:20 GMT -5
Lemme see...would I rather not vote for Hillary or not vote for Santos?
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Deleted
Deleted Member
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Post by Deleted on Nov 15, 2015 23:01:08 GMT -5
It does make a lot of sense if you are exposed to a double taxation nonsense.
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Post by gallito on Nov 16, 2015 13:24:57 GMT -5
Forget about U.S. politics;lets vote on the forum's new avatars...
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