I saw some posts about american wanting to move to Europe; so just before you guys make the move, double-triple check insurances/banks, because literally every time I (not american) do smth financially related in France, they ask me if I am american? If yes, they won’t even open accounts/ give me insurance etc… Sounds discriminatory but apperently because legal

I dont know if that expands to any other field

EDIT: lol i am now wondering what are people are downvoting for? You dont like that fact, so you downvote whoever told you that fact? Some reactions are hilarious

  • thespcicifcocean@lemmy.world
    35·
    18 hours ago

    i don’t have a second citizenship to fall back on, so i’d be stateless. also, i can’t afford to since you have to pay all the taxes on potential income for the next 10 years or something

    • teft@piefed.socialEnglish
      28·
      17 hours ago

      Only people who make more than 200k/year or have more than 2 million in unrealized taxable assets have to pay an expatriation tax.

      There is no paying future taxes as that’d be asinine.

      • diablomnky666@lemmy.wtf
        1·
        55 minutes ago

        You only have to pay taxes for 10 years after expatriation if you set foot on US soil for more than 30 days during that period.

        • njm1314@lemmy.world
          17·
          13 hours ago

          I would absolutely talk to an embassy or at least an international tax professional before making decisions and not rely on Lemmy.