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Joined 1 year ago
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Cake day: November 16th, 2023

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  • Nice tips! We’ve done the transatlantic move twice and will be doing it a third time to retire early in France.

    I would add:

    - Keep your amount of stuff down to what fits in a 20’ container. When you move, it’s time to throw out anything you’ve not used/worn/… in a year or more. It’s just negative equity, taking up mental/visual space.

    - Be aware of cultural differences. I lean more towards latin cultures and would find living in the Calvinistic Netherlands insufferable, even Amsterdam would probably test my limits. Other people love it and would find living in more southern countries horrible and chaotic.

    - Mind the long term financial consequences. You can live very well in many EU countries on US retirement savings, but the reverse is not true because of the lower wages / COL in Europe. If you plan to ever move back, don’t wait too long or you may find yourself out of time to save enough for a nice retirement.


  • The arguments against US citizenship are basically:

    - Citizenship-based taxation. You’ll have to file taxes and FBARs with the IRS no matter where in the world you live. This is already the case for you as USC, so filing jointly is not really that much of an additional burden.

    - Reduced banking options abroad. Some foreign banks will turn US citizens away because they opted out of FATCA reporting to the US. Sometimes smaller, local banks have the best mortgage rates which your spouse could access under her name if she’s not a USC and no longer has an IR-1 visa.

    In favor of citizenship:

    - Emotional/personal reasons. Where do you feel home?

    - No longer having to deal with USCIS, ever. I’ll include unlimited travel to and from the US and prolonged stays abroad here.

    - Voting rights

    - Getting ahead of potential uncertainty after the 2024 election for LPRs. Not necessarily the worst scenario, but deliberately long delays processing N-400s etc. Who knows.