The mention of Puerto Rico giving citizenship after 1 year is funny. I thought it was part of the US!
I wonder what the conditions are for PR citizenship!
Second Citizenships, Residencies, and/or Temporary Relocation
31–40 of 309 posts
Re: Second Citizenships, Residencies, and/or Temporary Relocation
#32I left the US pre-pandemic for a country that eradicated Covid, and couldn't agree more with the author's decision to leave. Particularly if you're in your 20s and fully remote, I'd highly encourage you to look into Australia or New Zealand's working holiday visa. For fans of E.Asia, the Taiwan gold card [1][2] may be of interest. [1]: https://notebook.wesleyac.com/taiwan/ [2]: https://notebook.wesleyac.com/taiwan-go…
How do you find the timezone change if you work remotely for an American company?
Re: Second Citizenships, Residencies, and/or Temporary Relocation
#33Earlier quoted context omitted.
I have only a French passport so far, and I can settle in 31 countries without any issues. Sometimes you just get the right one ;-)
By "settle", do you mean "visa not required", or permanent residency?
Permanent residency, as those 31 countries are the EU and EFTA.
Re: Second Citizenships, Residencies, and/or Temporary Relocation
#34I left the US pre-pandemic for a country that eradicated Covid, and couldn't agree more with the author's decision to leave. Particularly if you're in your 20s and fully remote, I'd highly encourage you to look into Australia or New Zealand's working holiday visa. For fans of E.Asia, the Taiwan gold card [1][2] may be of interest. [1]: https://notebook.wesleyac.com/taiwan/ [2]: https://notebook.wesleyac.com/taiwan-go…
A nitpick, I'm living in one of these countries that "eradicated Covid" and the frankly obvious truth is they didn't, their borders were completely open for months after covid was detected and spreading like fire, and they never adapted the widespread testing and mortality classification regimes like the US did.
Re: Second Citizenships, Residencies, and/or Temporary Relocation
#35I am a dual citizen of the United States and Croatia (European Union citizen). I am culturally American, and I have spent the vast majority of my life in the US. I left the US about a month before the lockdowns started. I have been living in Croatia for the past year. I can technically live/work/retire in any EU/EFTA country (minus Lichtenstein--has an immigration quota), due to having Freedom of Movement rights. In…
> I can also work a US based job, remotely in the EU, completely legally.
You can also do that 100% legally as a non US citizen (I did), with the added advantage of not paying US taxes.
You have to pay taxes and social security in the country where you reside, not where you are a citizen and/or work (mostly).
Re: Second Citizenships, Residencies, and/or Temporary Relocation
#36I am a dual citizen of the United States and Croatia (European Union citizen). I am culturally American, and I have spent the vast majority of my life in the US. I left the US about a month before the lockdowns started. I have been living in Croatia for the past year. I can technically live/work/retire in any EU/EFTA country (minus Lichtenstein--has an immigration quota), due to having Freedom of Movement rights. In…
Being a us dual citizen has the disadvantage of continuing to owe income tax to the USA even while living in Europe. Also many international banks cringe at opening accounts with “us persons” because it exposes them to a lot of onerous requirements. Can make banking somewhat a pain.
> Being a us dual citizen has the disadvantage of continuing to owe income tax to the USA
I think it is for any income above 100k/year (the amount could have changed), if you are in that bracket is a nice problem to have
> Also many international banks cringe at opening accounts with “us persons”
I live in a country with many American expats, none of them have had any problem whatsoever to access to banking services, including opening accounts
Re: Second Citizenships, Residencies, and/or Temporary Relocation
#37I am a dual citizen of the United States and Croatia (European Union citizen). I am culturally American, and I have spent the vast majority of my life in the US. I left the US about a month before the lockdowns started. I have been living in Croatia for the past year. I can technically live/work/retire in any EU/EFTA country (minus Lichtenstein--has an immigration quota), due to having Freedom of Movement rights. In…
Being a us dual citizen has the disadvantage of continuing to owe income tax to the USA even while living in Europe. Also many international banks cringe at opening accounts with “us persons” because it exposes them to a lot of onerous requirements. Can make banking somewhat a pain.
There are obscene penalties for improper reporting of foreign bank accounts via FATCA regulations, even if you made a prudent attempt of doing so in your US income taxes. Due to this, you always have to use a CPA as a form of insurance when filing US income taxes abroad.
You must have a bank account in Croatia, for example, to get various things done with Croatian government bureaucracy. Generally speaking, some German and Austrian banks will do business with American citizens. It is important to be gracious and patient, as FATCA is a huge pain.
There is a Foreign Earned Income Exclusion on US income tax returns. For 2020 it is $107,600, and for 2021 it is $108,700. Obviously investments are another story. But, many Americans abroad do not have to pay US income taxes, but they do have to file them.
In the US, with good health insurance benefits through a large employer, my out-of-pocket costs were around $25,000-$30,000/year. Even if I paid US taxes on top of the European taxes, it is not the worst thing in the world: I never have to worry about being cared for here, and the doctors have a lot more time for me here, and can follow my case better.
I also require an orphan drug to stay alive, which costs hundreds of thousands of dollars per year in the US, typically covered by insurance, but not guaranteed. So, I could always end up with an obscene bill in the mail. (It has happened before and I have been lucky to get off the hook.)
Re: Second Citizenships, Residencies, and/or Temporary Relocation
#38I left the US pre-pandemic for a country that eradicated Covid, and couldn't agree more with the author's decision to leave. Particularly if you're in your 20s and fully remote, I'd highly encourage you to look into Australia or New Zealand's working holiday visa. For fans of E.Asia, the Taiwan gold card [1][2] may be of interest. [1]: https://notebook.wesleyac.com/taiwan/ [2]: https://notebook.wesleyac.com/taiwan-go…
A nitpick, I'm living in one of these countries that "eradicated Covid" and the frankly obvious truth is they didn't, their borders were completely open for months after covid was detected and spreading like fire, and they never adapted the widespread testing and mortality classification regimes like the US did.
Which country are you talking about?
It's unclear if you're criticizing the US (borders being completely open for months), or if you're praising the way it handled the pandemic
Re: Second Citizenships, Residencies, and/or Temporary Relocation
#39Earlier quoted context omitted.
Being a us dual citizen has the disadvantage of continuing to owe income tax to the USA even while living in Europe. Also many international banks cringe at opening accounts with “us persons” because it exposes them to a lot of onerous requirements. Can make banking somewhat a pain.
> Being a us dual citizen has the disadvantage of continuing to owe income tax to the USA I think it is for any income above 100k/year (the amount could have changed), if you are in that bracket is a nice problem to have > Also many international banks cringe at opening accounts with “us persons” I live in a country with many American expats, none of them have had any problem whatsoever to access to banking services,…
That tends to be the deciding factor. If you live somewhere with many US expats, the banks are usually willing to jump through hoops to get you as a customer.
If you’re a one-off for them they may just say “no”.
Re: Second Citizenships, Residencies, and/or Temporary Relocation
#40Multiple-citizenship has always been fascinating to me. For example, most countries oaths of citizenship are worded in such a way that preclude loyalty split between them and another, yet they don't prevent or punish their citizens for holding dual citizenship.
The Canadians citizenship ceremony to me was fascinating, because it begins with an aboriginal land acknowledgement. The statement is quite literally "the very ground we're standing on doesn't even belong to us, but here we are saying that you are a citizen of . . . clearly not the land". Their demographic experiment is also very interesting. About 10% of all Canadians don't actually live in Canada - that is an extre…
Housing is only a side effect. The main thing is, Canadians do not make enough children. With fertility rate less than 1.5, immigration is the only source of healthy population.
That said, current requirement to have a job to immigrate, makes government locked in its own bureaucracy in current conditions. Businesses need people but no one wants to bet on human resource which needs months if not years to get there.
US with 1.75 is not far ahead, and recent administrations games will soon create a similar crisis.