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by MrPowers
2121 days ago
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US citizens can lower their effective tax rates by moving abroad, but it's complicated. Expats can take advantage of the foreign earned income exclusion that you alluded to and are not subject to state taxes. The savings can be quite large - email me for more details. FACTA is burdensome if you have foreign bank accounts. You can avoid having foreign bank accounts to sidestep those rules. |
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