Eric Schmidt has applied to become a citizen of Cyprus

Post by mirekrusin » Mon, Nov 09, 2020, 7:34 PM UTC

pembrook wrote: post #113

areoform wrote: post #67

If this is indeed for a tax dodge, what's funny is that the US Government helped fund Google. Or, more accurately, they funded the research into the seemingly esoteric problem that became Google; > In 1995, one of the first and most promising MDDS grants went to a computer-science research team at Stanford University with a decade-long history of working with NSF and DARPA grants. The primary objective of this grant…

This is not a tax dodge. There is no way to dodge taxes as a US citizen by moving abroad, the US is the only country in the world with a real global taxation system. EDIT further information I posted below: The US has the unique position of being able to actually enforce this due to the fact the USD is the reserve currency of the world and every country needs to stay on the good side of the US Treasury to transact in…

Post by vntok » Mon, Nov 09, 2020, 7:34 PM UTC

chrismeller wrote: post #136

bduerst wrote: post #52

Earlier quoted context omitted.

Americans are currently blocked from travel to many countries, European included, due to the bungling of their Covid 19 response.

I’m sorry, but this is missing the point. You’re forbidden from traveling FROM a country on whatever list (some are outright lists, some are based on the infection rate, etc.). Traveling FROM the US is the problem, regardless of where your passport is from. Getting a passport (or even a residence card) from an EU country would only allow you to get back to THAT country, it doesn’t just suddenly open up the world to y…

Post by justinzollars » Mon, Nov 09, 2020, 7:35 PM UTC

Post by ryanlol » Mon, Nov 09, 2020, 7:35 PM UTC

coliveira wrote: post #140

1024core wrote: post #49

Earlier quoted context omitted.

As long as he remains a USC, he will have to pay US tax. Don't get me wrong: I don't like the idea of buying a citizenship at all. But this won't let him escape taxes, if you think that was his intention.

For someone like Eric S., it must be very easy to get a new citizenship, and this will help him to setup some of the schemes that, while legal, will allow him to evade billions of dollars in taxes over his lifetime. I believe this is just a way to simplify his tax dodging schemes.

Post by strbean » Mon, Nov 09, 2020, 7:36 PM UTC

FDSGSG wrote: post #54

bduerst wrote: post #47

Earlier quoted context omitted.

Yep. Before Brexit, it used to be St. Kitts where you would get citizenship.

What did Brexit change for St. Kitts nationals? I hold a St. Kitts passport (via marriage) and completely missed this. Only reason my wives family got St. Kitts passports was because it was easier and quicker than Cyprus at the time, but they did eventually get their Cyprus passports too.