this post was submitted on 26 Feb 2024
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[–] [email protected] 3 points 1 year ago* (last edited 1 year ago) (2 children)

It's complicated, but not necessarily. The US has a lot of agreements with other countries for you to avoid having to pay taxes for both countries. If you're living in a country with one of those agreements, you can file with the US to claim you've paid taxes to the foreign government.

And the US doesn't force you to renounce your citizenship, it's generally other countries that don't allow dual citizenship; Germany and Denmark for example don't allow it.

[–] [email protected] 1 points 1 year ago (1 children)

And the US doesn't force you to renounce your citizenship

It does if you don't want to continue paying US taxes no matter where you live and work.

other countries that don't allow dual citizenship; Germany and Denmark for example don't allow it.

I don't know about Germany, but that hasn't been true of Denmark for nearly a decade.

I get the feeling that your source is located somewhere between your spine and the backs of your thighs.

[–] [email protected] 3 points 1 year ago* (last edited 1 year ago) (1 children)

I was wrong about Denmark. I did some research last year and apparently what I found was wrong.

But the US has Tax treaties, the FEIE, and the Foreign Tax Credit programs for expats to avoid paying US tax when overseas. But you still need to file with the US.

See here:

https://www.hrblock.com/expat-tax-preparation/resource-center/filing/20-things-americans-overseas-should-know-about-taxes-for-expats/