Is a foreign government going to extradite you for missing paperwork and no outstanding tax debts (especially because everyone else thinks it’s nuts that we require nonresident citizens to file taxes)? I guess it’s possible, but it strikes me as very unlikely.
But if you’re still financially attached to the US/likely to visit, they’ve got some power over you.
I’m not a lawyer or an accountant (obviously. This is not best practices)
I wonder if all the sane Americans did a mass exodus to Canada, Europe, UK, Australia etc, what effect that would have
I did it a while ago, would recommend.
Aren’t you still paying taxes to the USA? Just curious.
You still have to file, but you don’t need to pay taxes unless you’re earning enough that the visa won’t be a problem.
But, like, if you close everything out and never go back…
The IRS will still find you lol
But then what?
Is a foreign government going to extradite you for missing paperwork and no outstanding tax debts (especially because everyone else thinks it’s nuts that we require nonresident citizens to file taxes)? I guess it’s possible, but it strikes me as very unlikely.
But if you’re still financially attached to the US/likely to visit, they’ve got some power over you.
I’m not a lawyer or an accountant (obviously. This is not best practices)
I hear ya but I wouldn’t put it past the government. You’re now a bargaining chip in future negotiations
You have to earn over something like 100k+ for the US to tax you. Salaries are lower here.
Ohhhh that’s interesting.