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
If you have two nationalities, couldn’t you just be sneaky and never tell the authorities of the country you moved to? If you’re not planning on going back, for example, what would be the problem?
My experience is that in most cases, when asked about your nationality in a form it’s easier and normal to only give one nationality.
Like at the airport, even if I have multiple nationalities I only give one passport, I just have to make sure it’s the right passport (the one with the visa for example).
However in there case of back accounts, insurances … They ask specifically “are you a U.S. citizen ?”. In this case answering no to this question would be a clear lie.
Sounds like fraud. As long as no one finds out you’d probably get away with it, but you would be committing tax evasion according to US laws.
If you really don’t want to go back you can get rid of your US citizenship and avoid the problem.
I wonder if you could/would get extradited for not paying taxes to Uncle Sam. 🤔
But yeah, just renouncing the citizenship seems to be the way forward if you’re not planning on coming back.
Don’t think extradited, but US would try to garnish/seize money going into that account, which is why foreign banks don’t want to deal with the hassle of having a US customer. The extra legal requirements to have an account for you is just not worth it to them. The exception is only when you have a great deal of money, and then they can actually make money from your deposits. But then that amount of money in a bank is a sure sign you don’t know how to manage your money.