People abroad are jealous because they know Americans because they know we control the world and media. People are jealous of success worldwide and I have lived globally.

America is the nosiest country on earth. They want to know what youre doing, where you are, how much you're spending and earning at all times. And although they once reserved their bullying to meddling in third world country affairs, they've used the BS terrorism excuse to poke their nose into even their "allies" domestic issues. And rightfully so a lot of banks would rather not deal with Americans and so don't accept their business. As America keeps going more and more bankrupt due to overspending and printing money they're going to keep increasing their tax rate, and keep imposing even more draconian measures on their citizens. If you can afford it, giving up the US citizenship is a smart thing to do imo.

Good video. I would have also included PFIC as a unique and really punitive challenge US persons have living and investing overseas.

I do not think anyone mentioned the painting behind Andrew, I like it very much and who ever decorated his space, has great taste.

You forgot number 7: Being a Trump supporter

I'm the founder of the US Expat tax firm and I can guarantee this video is pure gold for 🇺🇸 expats

By American you mean from the United States 🇺🇸??? Because America IS A CONTINENT, not just a country 🤔

4:50 This claim, that Americans abroad have to file both US taxes and in the country in which they are a tax resident is an overgeneralization, i.e., not always true.

If you're an American and live in a territorial tax jurisdiction, e.g., Singapore or Malaysia or Hong Kong, then you don't have to file in your residence jurisdiction unless you actually have taxable income there. If you're a digital nomad, or a retiree living off investments, you could live in one of these places and file ONLY in the USA, not in your place of residence.

(And, of course, the same is true of those jurisdictions that don't have income tax at all).

the problem i have with the USA is they are always palcing sanctions on the countries I want to invest in.I want to invest in Russia because I want Russian citizenship and the USA has placed sanctions on russia. The sanctions on Russia violate my first amendment right because I support what Vladimir Putin is doing. I like living in China and prefer to pay taxes to china than the USA so that my money is not being used to finance wars that I do not agree with.

This is a helpful start and well presented as usual. Thanks for the insights.

All the best to you Andrew and your team. Travel well!

Im moving to SE Asia on a tourist visa and Im not paying a cent in tax to any criminal govt…

Who cares in these times…Just leave and dont go back, simple…

So far the issue of running a 'faith community' (you would call it a 'church') has not been addressed. We do this in Norway; here such organizations have a lot of exepmtions. If anyone has thought about this, you can bet it's the IRS.

What happened to the fedora!? And the luggage…kinda just saying. LOL
Thanks for the video, very informative.

are green card holders taxed the same as citizens? if you leave america as gc holder and don't want to return will you still be taxed in usa?

The US government and central banking have turned the “Home of the brave and land of the free”, into “Home of the slave and land of the fee”.

The war of independence was about taxation without representation, and now the USSA is the only country, along with the primitive country of Eritrea, that taxes non residents, and they receive nothing for their payments. This is criminal, and the people need to repeat the actions of 1776. Remove the government and all of the criminal alphabet agencies.

I am American working offshore since 2001. It has been a challenge to take advantage of the offshore credits, but it is lowering my tax

Does this dual taxation exist before the 2008 crisis ? Obama administration did this? when was the turning point?

IRS will hire 86,852 totally illegal spies indicating an immediate need to declare your personal identity void. These complete zombified maniacs will for sure fill it with all kinds of crazy nonsense. Hence, you need at least one more personal identity and a few non-human identities. There is also an imminent need to protect everybody in your family. Yes, it's simple to escape. Yes, there are incredible opportunity out there such as becoming an international civics promoter helping people to escape unconstitutional collective madness.

Thank you Andrew! you motivate me.

Here’s to the crazy ones. The misfits. The rebels. The troublemakers. The round pegs in the square holes. The ones who see things differently. They’re not fond of rules. And they have no respect for the status quo. You can quote them, disagree with them, glorify or vilify them. About the only thing you can’t do is ignore them. Because they change things. They push the human race forward. And while some may see them as the crazy ones, we see genius. Because the people who are crazy enough to think they can change the world, are the ones who do. –Steve Jobs

Threes a public world and a private world….do what the elites do; go private and get a complex trust (3 in 1) 1041 non statutory and a 990 PF. bonus is a whole life policy with the family trust as the policy holder.
These 4 entities should cover all of ones taxes legally anywhere as a US citizen. The set up is about 25k

I don’t know what these silly facial gestures are about. I just can’t get past it. I can’t watch a video where someone makes silly gestures just to get more likes.

Thanks for the info!

Can you do a video on countries with the most freedom related to this stupid ongoing covid restrictions. So many places still mandate mask and other insane rules. Thank you

IRS is hiring nearly 78000 more agents. They are going after taxes and I imagine there will be a lot more audits in the future. That’s what happens when your country starts printing money and giving it away like it’s free.

I like the approach of giving options while showing that they are all viable with a fitting strategy. I personally read a lot about the banking part and that supposedly it's not possible for US citizens to open bank accounts on many other countries. I do like that Andrew points out that it might be more difficult for US citizens but not unreachable.

Is there a reputable brokerage in Ghana?

I am not an American anymore. I wake up every morning with a smile on my face.
The USA hasn’t been the land of the free for ages.

If you renounce your citizenship you don’t get social security payouts. That’s the one thing that holds me back. I’m not a millionaire yet. So I do need to count on the small portion of monthly income, for which I’ve paid into all these years. If I find a better option for an extra income stream that would be a game changer!

I don't mind paying taxes. But when I'm collectively paying over 20k a month on my personal and business property and then must pay to send my kids to private school because the public schools here are not safe is complete and total bs.

I do got one question. What if a American person who doesn't pay tax and still able to move to the other country like in Europe or Asia would have to pay tax in other country?

Some ppl say the real America dream is in other country. My cousin move to Australia and make a great life out there. So it's true that Americans can make a good living in a other country. Just take great advices and live by your means

Yo—
Long (guh) Island here

American is a cultural marker not just a citizenship. You’re not a former American if you give up a government piece of paper.

Yeah Merica! Freedom, democracy, tax slaves!!!!!!