I started looking at getting my Italian citizenship last year and then COVID hit and I wasn't about to travel to the consulate in San Francisco to deal with it. Kids have both US and Italian though. I hope to do it at some point, although I have some nagging doubts about Italy making a grab for US assets that are probably unfounded.
Second Citizenships, Residencies, and/or Temporary Relocation
191–200 of 309 posts
Re: Second Citizenships, Residencies, and/or Temporary Relocation
#192Earlier quoted context omitted.
I hope the kids won't mind having to declare/pay US taxes :)
And hopefully they won't ever need a European bank account, or any other kind of financial service. All I ever signed up for, besides asking for citizenship, also explicitly asked for having US citizenship. Presumably checking that box is the immediate end of the application process.
With a Swiss passport and the place of birth being Switzerland, nobody will ever ask them.
If they are asked if they have other citizenship, they can always say Germany - end of the inquiry.
Re: Second Citizenships, Residencies, and/or Temporary Relocation
#193Earlier quoted context omitted.
I hope the kids won't mind having to declare/pay US taxes :)
And hopefully they won't ever need a European bank account, or any other kind of financial service. All I ever signed up for, besides asking for citizenship, also explicitly asked for having US citizenship. Presumably checking that box is the immediate end of the application process.
It's not. Checking it means however that the bank will report certain information to US authorities.
Re: Second Citizenships, Residencies, and/or Temporary Relocation
#194Earlier quoted context omitted.
While it seems obvious that you are not interested, What downside do you see about people with higher mobility and choice?
Disloyalty and parasitism. With no hard ties to the community, they treat it like a disposable. Look at how quickly they trashed San Francisco. Looks like Austin is next. I pray for them.
I think that is a valuable point. With respect to SF, I assume you are talking about transient tech workers. I’m not sure I agree with this. In my experience, SF natives are loud advocates of the broken public policies. I think the innumeracy that leads to careless spending and lack of accountability runs deep in both groups.
Re: Second Citizenships, Residencies, and/or Temporary Relocation
#195Earlier 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…
The Canadians citizenship ceremony to me was fascinating, because it begins with an aboriginal land acknowledgement. Since when? I grew up in Canada and obtained citizenship there in 1990. (After the USA decided that they were sick and tired of losing dual citizenship cases in the Supreme Court and stopped pursuing them.) There was no such acknowledgement of the ceremony that I took part in. Incidentally my children…
It looks like this is mentioned as a possible change to the oath[1] from a 2015 report by the Truth and Reconciliation Commission[2]. But if the current government of Canada website lists the oath without the phrase "including treaties with Indigenous peoples", then I would guess it was never officially changed.
Perhaps it was added as part of the ceremony in another manner but not officially in the oath.
[1] https://www.cbc.ca/news/politics/citizenship-oath-indigenous...
Re: Second Citizenships, Residencies, and/or Temporary Relocation
#196Earlier 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...
It was for a Fortune 500 company, historically ranked in the top 10. The monthly premium was ~$950/month with a yearly out-of-pocket of $9,000.
Yearly premium liability: ($950/month)*(12 months/year)= $11,400/year
Out-of-Pocket liability: $9,000/year
So, the minimum healthcare liability that I theoretically have in the US (which is never the case for me), every year, is:
Yearly Premium Liability + Out-of-Pocket Liability = $20,400/year
However, I also have other uncovered medical expenses, encountered thanks to insurance issues. I literally generated well over 100 claims per year on medical insurance alone, so it was not like I never had uncovered expenses. Obviously you fight it, and you never give up, because that is what the providers expect you to do. However, there are a lot of situations that are just unwinnable.
In reality, my yearly healthcare liability in the US was closer to $30,000/year.
Re: Second Citizenships, Residencies, and/or Temporary Relocation
#197Earlier quoted context omitted.
And hopefully they won't ever need a European bank account, or any other kind of financial service. All I ever signed up for, besides asking for citizenship, also explicitly asked for having US citizenship. Presumably checking that box is the immediate end of the application process.
With a Swiss passport and the place of birth being Switzerland, nobody will ever ask them. If they are asked if they have other citizenship, they can always say Germany - end of the inquiry.
That's the point. The question is specifically US citizenship because of the onerous reporting requirements it ensues that none of them want to deal with.
Re: Second Citizenships, Residencies, and/or Temporary Relocation
#198Earlier quoted context omitted.
And hopefully they won't ever need a European bank account, or any other kind of financial service. All I ever signed up for, besides asking for citizenship, also explicitly asked for having US citizenship. Presumably checking that box is the immediate end of the application process.
With a Swiss passport and the place of birth being Switzerland, nobody will ever ask them. If they are asked if they have other citizenship, they can always say Germany - end of the inquiry.
Banks ask everyone during application if applicant have a US citizenship, because of some anti-terror-funding law which non-American banks find onerous. Are you saying the kids should lie and deny being American?
Re: Second Citizenships, Residencies, and/or Temporary Relocation
#199Earlier quoted context omitted.
> leaving the US and living in Europe but I feel like I'm throwing away an enormous economic opportunity Check out Luxembourg, Switzerland, and Lichtenstein. These places pay incredibly well and once you factor in the cost of healthcare and general quality of life, the US looks like a bad joke. These three countries’ job market is accessible with a Schengen visa.
> These three countries’ job market is accessible with a Schengen visa. Is that true? I'd have assumed that EU citizens have access, but non-EU would need to apply specifically for FL/CH work permits. (and I'm not sure, is there actually a EU-wide work permit for non-EU? I had the impression that each country is still handling non-EU permit separately) (tourist visa are different of course)
I don’t know about FL but for CH you do have to apply for a permit. However, if you have a job offer and an EU passport you basically just pay the fee for the permit and you’ll get it (usually for five years). And af r the five years you can either renew your work permit or apply for permanent residency.
Same goes for CH nationals who want to work in the EU.
Re: Second Citizenships, Residencies, and/or Temporary Relocation
#200Earlier quoted context omitted.
While it seems obvious that you are not interested, What downside do you see about people with higher mobility and choice?
Disloyalty and parasitism. With no hard ties to the community, they treat it like a disposable. Look at how quickly they trashed San Francisco. Looks like Austin is next. I pray for them.
Thinking about it a bit more, I wanted to acknowledge that I think there’s also a challenge around knowledge. Unless transient population might have a deeper memory for what has worked in the past and not worked in the past, and be better able to hold people accountable.