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Second Citizenships, Residencies, and/or Temporary Relocation

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Re: Second Citizenships, Residencies, and/or Temporary Relocation

#41

Post by disabled »

jo-m wrote: post #35
disabled wrote: post #25

I 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).

In some countries, yes. This tends to be uncommon in the European Union.

Croatia at the moment is a black sheep in the European Union, though, as it has an easy to get digital nomad visa: https://www.total-croatia-news.com/news/digital-nomads-in-cr...

For the digital nomad visa in Estonia, for example, you need connections there to essentially get it.

Czech Republic has a self-employment visa that allows you to work without formal business connections within the country, which is pretty unique among the European Union.

Re: Second Citizenships, Residencies, and/or Temporary Relocation

#42

Post by d3nj4l »

tardismechanic wrote: post #6

"The Indian Citizenship Act, 1955, does not allow dual citizenship." So that's not an option for 1.32 Billion people.

That’s easily “circumvented” with an OCI (Overseas Citizenship of India) card. You lose the right to vote or hold public office, but have permanent residence and authorisation to work.

Re: Second Citizenships, Residencies, and/or Temporary Relocation

#43

Post by soheil »

jo-m wrote: post #35
disabled wrote: post #25

I 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).

Not true, US is one of the only countries that requires you to pay taxes no matter you live or where you work as long as you're a US citizen and alive the IRS requires you to pay income tax.

Re: Second Citizenships, Residencies, and/or Temporary Relocation

#44

Post by klipt »

thatfrenchguy wrote: post #18
eric4smith wrote: post #10

Earlier quoted context omitted.

Speak for yourself :-) Multiple passports, in 2021 gives you options that are invaluable. You can establish homes in 3 countries. In case of emergency in one country you can go to another 2. You can enter countries that exclude citizens with one or more passports. There is so much to be thankful for with multiple citizenships. The one major downside is U.S. Taxes. Be very grateful to your parents and self-initiative.

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 ;-)

A US passport or green card lets you settle in 50 states with no issues ;-)

Of course there is less cultural diversity than the EU - but the uniformity of law and culture makes moving between states even easier than the EU.

For example a green card holder can reside one year in each of five different states and that will count as the 5 years residence necessary to naturalize as a US citizen. If an EU permanent resident moves between countries like that, they'll never stay long enough in any one country to gain citizenship.

Re: Second Citizenships, Residencies, and/or Temporary Relocation

#46

Post by culturestate »

cambalache wrote: post #36
audiometry wrote: post #29

Earlier 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,…

> 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

It depends on the bank. Any bank doing business internationally is usually fine because they probably already have a robust compliance mechanism in place, but a lot of local banks will just straight-up say no because they don't want to be subjected to FBAR / FATCA.

Re: Second Citizenships, Residencies, and/or Temporary Relocation

#47

Post by lars512 »

I’m all for dual citizenships, but a downside nobody’s talking about is that you have to spend 5-10 years of your life in your new country to get it, not factoring in multi-year waiting times that may exist for processing citizenship. Essentially, you need to be comfortable migrating.

Re: Second Citizenships, Residencies, and/or Temporary Relocation

#48

Post by gamekathu »

The post glosses over Canada by not mentioning Quebec. If you are in Quebec, chances of your getting a Permanent Residency is close to slim if you do not have French language proficiency. Thus, while living in Quebec for 5 years now, being a grad student, I neither qualify for PR nor citizenship by naturalization.

Re: Second Citizenships, Residencies, and/or Temporary Relocation

#50

Post by davchana »

jo-m wrote: post #35
disabled wrote: post #25

I 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).

> You have to pay taxes and social security in the country where you reside, not where you are a citizen and/or work (mostly).

Only US & Eriteria taxes its residents/citizens' income, no matter where it generated. So a US born baby (us citizen by birth), moved to Europe back with parents, or even an adult us citizen working outside US has to file the IRS Return. Every year.

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