Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Second Citizenships, Residencies, and/or Temporary Relocation

lesswrong.com

Post reply on HN
Print view View original

81–90 of 309 posts

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

#81

Post by [deleted] »

refurb wrote: post #70
disabled wrote: post #37

Earlier quoted context omitted.

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 Germ…

I’m surprised your OOP was that high with “good benefits”. I work outside of tech for a Fortune 500 and my premiums are $1200 per year with a max OOP of $2500. Unless a plan is grandfathered in, the ACA limits OOP to ~$9k per year. https://www.healthcare.gov/glossary/out-of-pocket-maximum-li...

[deleted]

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

#82

Post by moltar »

gamekathu wrote: post #48

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.

But can’t you just move to Ontario and apply there? Canada has freedom of movement.

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

#83

Post by tppiotrowski »

If you are smart, driven, seek opportunity and wish to be on the cutting edge of innovation and access to capital: live in the US. You will be free to make choices optimal for yourself (retirement, health insurance, etc).

If you don't care about the cutting edge and want to feel safe at the cost of losing some freedom of choice: live abroad. I personally recommend Australia.

This is my experience. Neither is 'good' or 'bad'. It comes down to what you seek...

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

#84

Post by moltar »

juskrey wrote: post #40
tenpies wrote: post #8

Earlier quoted context omitted.

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…

Canadians don’t make enough children because nobody can afford it. Who wants to live in a studio or 1bd box with a kid?

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

#85

Post by mdasen »

1996 wrote: post #31

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!

Spain offers an easier pathway to citizenship for citizens of Ibero-American countries (basically Latin America) and that includes Puerto Rico.

The idea is that, if you're an American, you could get PR citizenship status with one year and then Spain would give you citizenship with only two years. You might consider the PR citizenship to not actually be a "citizenship" but merely a residency status (like how you might live in California or Washington).

Though technically, US citizens are also citizens of the state in which they reside. So, it's not really that different than what states do when considering things like in-state tuition at schools. So, yes PR has citizenship just as California and every other state has citizenship. I guess the difference is that PR considers that you don't lose the status of PR citizen when you cease to be a resident (at least if you were born there or a parent was).

Spain is also free to make the laws it wants to access their nationality. They could decide that those born in Florida should have easier access given Florida's historical connection to Spain. France was at least considering allowing anyone born in a place that used to be French territory to get citizenship. I believe Bill Clinton joked that he could move to France and run for President there since Arkansas was part of the Louisiana Purchase from France.

Anyway, it seems that PR citizenship needs US citizenship, but US citizens can gain PR citizenship with one year of residency.

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

#86

Post by bitcharmer »

andrewmcwatters wrote: post #75
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…

> But, it is way, way, less stressful living here, just in general. Americans have no idea. The taxes are worth the peace of mind along with the stability it gives society. I don’t know what it is about Europeans on American websites telling us how great it is to have 1/3 less PPP and higher taxes, but I sure as hell don’t want my taxes any higher. A grand total of none of my international friends have anywhere near…

> A grand total of none of my international friends have anywhere near the wealth, nor earning potential I do, and they never will. It’s an exceedingly large, compounding edge.

That's because most of us are not obsessed with wealth. We tend to be satisfied with some level of comfort and security and focus on other things in life. I guess that's a cultural thing.

> Everyone knows our healthcare system is asinine. It doesn’t require more money to fix.

It's not only about health care, but other aspects such as how the society is structured, poverty, incarceration rates, access to education, homelessness, etc. Again, probably a cultural thing but Europeans seem to care more about these matters than Americans and so we structure and drive our politics and legislature towards addressing these issues.

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

#88

Post by AnotherGoodName »

andrewmcwatters wrote: post #75
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…

> But, it is way, way, less stressful living here, just in general. Americans have no idea. The taxes are worth the peace of mind along with the stability it gives society. I don’t know what it is about Europeans on American websites telling us how great it is to have 1/3 less PPP and higher taxes, but I sure as hell don’t want my taxes any higher. A grand total of none of my international friends have anywhere near…

>I don’t know what it is about Europeans on American websites telling us how great it is to have 1/3 less PPP and higher taxes

https://en.wikipedia.org/wiki/List_of_countries_by_wealth_pe...

I don't mean to be rude but please look at that above link and understand how poor you as a citizen of USA are. It's frustrating to come from a country thats ~3X as wealthy as the USA in terms of median wealth (i'm Australian) and see the idea that higher taxes are an issue. The higher taxes are on the very wealthy. Median wealth captures this. The USA fucked up somewhere along the way and taxed the poor (those <1million a year) and this is why you are posting what you are posting. More taxes are ok if they are on the rich.

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

#89

Post by tppiotrowski »

hartator wrote: post #73

> Lower taxes via relocation and dual taxation agreements Well. I have a bad news as OP's current country seems be the US.

Foreign earned income exemption prevents IRS from taxing the first $108,700 in 2021.

The tax rate in Australia for first $18,000 is 0%, compared with 10-12% federal + X% state in the US so if you're a low income earner living abroad can save big on taxes.

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

#90

Post by DoreenMichele »

If you are in the continental US, Mexico is one of the easier places to go. (At least in non-pandemic years. I didn't look into it this past year.)

In the US, the fifty states are also different enough from each other that it may be easier to consider relocating within the US to find something more to your liking or more suitable to your needs. You won't need to apply for a visa or citizenship, etc. You can just find the weather, city size, etc that you like and go with a lot less paper work and jumping through hoops.

Post reply on HN