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Why Me

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  1. I meant what I said. You seem to have little idea of FATCA/IRS and the burdens/advantages of US citizenship (are you even American?). As I said I researched the issue couple of years back because I was paying a significant amount in taxes with little return (that I could see being based in Thailand ). The rule of thumb I found is you have to be worth about 8 figures for it to make sense. For a poor American or even middle class, especially if they have earned in the US, are due SS/pensions and have investments in US securities, the thought of renunciation shouldn't even
  2. I never said sole reason but mostly. I am one of those perfectly regular Americans working abroad and you can take it from me the hoops are not arduous at all. FATCA filing is about 15mins. and my tax return takes a couple of hours. And below a certain level of income you don't have to file. I can't compare with other countries but I hear Australians have residency requirements re getting their state pension. None of that for US citizens. And the foreign income exclusion is generous. Repeat, unless you are a seriously wealthy American abroad there's little reason for re
  3. Actually, no, the reason for renouncing, in fact, is mostly wealthy Americans reluctant to disclose their international holdings in FATCA filings. Renunciations were almost unheard of till FATCA came to be enforced. I'll leave you to google the data. Story is nonsense. Are you a tax-filing American? I am. There's a simple box I check in my return declaring residence abroad to avoid ACA penalty.
  4. What I understand from reading about this some time back is that it's mostly very wealthy people who want to a lower tax regime. The IRS annual foreign earned income exclusion for US expats is more than $100k and FATCA reporting is a little more than a nuisance unless you have high value international holdings. So, for little people like me and most TVers I guess there's little to be gained from renunciation even to the Caymans. The cases mentioned in WaPo are different though. People who never really lived in the US but just got stuck with the citizenship because of b
  5. Incorrect. They had lockdowns way beyond March. Infact, till recently in some places. E.g., in Mumbai the local train service which carries 100,000s daily is still off. It depends on government classification as hotspots. Well, it's not total chaos, they have pretty good med people there:-) The public health service is widely available but rudimentary. But world-class care is to be had if you can afford it. Yes, there's a shortage of facilities, but they did rise to the crisis pretty well. To their credit the government made response the highest priority for the past few months
  6. Wodehouse caused gruntled to come in from the cold: https://www.dictionary.com/browse/gruntled?s=t
  7. If you look at the daily new cases chart in the middle of https://www.worldometers.info/coronavirus/country/india/ it's been a fairly smooth ramp up to peak mid-Sep and then down. Reason might be they've been pretty vigilant about enforcing lockdown, see below, no western namby-pamby about "my rights" being tolerated. But Europe is in their 2nd wave which remains to be seen what happens in Asia. Added: Their healthcare system is crappy but that would affect mostly the recovery/death rates which aren't too bad either. Counter-balancing is
  8. The protest locations seem to be announced on social media around an hour before the event to elude the police. So I doubt anyone can say for sure today.
  9. Was this regular post or courier?
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