American citizens abroad speak up
American citizens abroad have a unique and valuable perspective on the world. Unfortunately, they are often misunderstood and therefore criticized for leaving their homeland. We believe that having Americans abroad is a valuable contribution to the US economy, culture, and general understanding of the world. Unfortunately, this benefit is silenced by the media and politicians who create a false narrative about us.
Laura Snyder provides insight to Americans who believe that they can easily move abroad and the distressing life that the US Government has in store for those who do move abroad. This is one of the best descriptions of the US Government’s impact on an expat’s life. Must read.
In a recent Facebook exchange in American Expatriates 2.0 a large group discussed the impact of how the US Government treated Americans abroad. Some members were sharing stories about the family impact of US Non-Residential taxation, FATCA, and super-imposing the US tax system on top of our resident countries’ tax systems. Some of the stories
This law expands reporting requirements, increases fines, and furthermore creates even a more hostile environment for ordinary US persons abroad through FATCA. This is a demonstration of the failure of FATCA. This is also a further example of members of Congress not understanding the issues of our citizens abroad. This is a blog post to