Re: Tax consequences of becoming a US citizen.

On Wednesday 10 July 2002 09:55, Trei, Peter wrote:

So, to the subject of the original question: I don't think taking up US citizenship, then retiring abroad, makes a hell of a lot of sense from a tax point of view, unless the Social Security payments are important...

I wouldn't figure SS payments into my calculations unless I were to retire in the next few years. As the SS crunch looms nearer, watch for payments to people outside the US to go on the chopping block. Not that I expect to get anything from SS myself regardless of whether I stay in the US. 29 years until retirement, even if the age isn't pushed back again. SRF -- Steve Furlong Computer Condottiere Have GNU, Will Travel Vote Idiotarian --- it's easier than thinking