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John Howard's avatar

About renouncing US citizenship: I've not considered it nor will I, but have known people who have looked into it when I was working in Ireland. Apart from the associated fee, an interview at the embassy was required as part of the process and the waiting list for such interviews was lengthy. I also attended one of Moodys Tax online briefings on the subject and their pitch is strictly based on tax liabilities; you would have to be a high earner with substantial assets to benefit financially (see https://www.moodystax.com/us-citizenship-renunciation/). Seen as a percentage of US citizens abroad, a very small number of people follow this path.

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kristen (omventure.com)'s avatar

I love that you shared this! It clearly details what we slowly learned over time, so this guide can really save people a lot of work. We love the flexiibility of traveling nomadically, not worrying about visas in most places, but we all also reach a point where we want or need to nest somewhere (if only due to age or caretaking loved ones). I try to keep that long-term reality in mind, and make decisions that grow that option into as close to one's ideal as possible. Because my ideal ideal is not currently possible for me. 🙏🏼

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