Research Fellow Wendy McElroy: America is making emigration more difficult and expensive. Last year, for example, the cost of renouncing U.S. citizenship rose by over 400% from $450 to $2,350. Those who take the far more common step of simply and quietly leaving still remain vulnerable to a massive tax system that reaches into foreign lands. At the same time, expats are becoming financial pariahs who find it awkward to support themselves because basic services, like a foreign bank account, are difficult to obtain.
Posted on: Mon, 12 Jan 2015 23:00:01 +0000
Trending Topics
Recently Viewed Topics
© 2015