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by elai
6012 days ago
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I am tempted sometimes to start a company in the US just due to it's market and social access to places like silicon valley. But I do not want to become a US citizen since they tax their citizens globally, no matter where they are in the world, no matter where they make their income. If I'm living somewhere that the US does not have a tax treaty with, and making all of my income there, I don't want to give anything I make over 80'000 to the US govt. Hell people give up their US citizenship to just avoid this. But your still on the hook (somehow? It doesn't make sense if you revoked citizenship) for 10 years after that. And there is a wealth tax for giving up the citizenship right after. |
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