Tax consequences of becoming a US citizen.
Steve Furlong
sfurlong at acmenet.net
Thu Jul 11 08:09:36 PDT 2002
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
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