Posting here for traffic.
Desperate to talk to other US citizens settled in Britain who doubt they will be returning to the US for personal reasons.
Am I the only one who's been here so long I didn't notice the FBAR thing? I don't file FATCAs, but I am never sure. What are we supposed to do if our British born, dual US citizen kids have CTFs? I have a SIPP with mutual funds in it, my accountants tell me not to even bother mentioning it now?! Apparently this is a time bomb for later.
Social Security and State Pension are supposed to be reciprocal, but I cannot get any information from anyone.
I used to file my own 1040 forms, but now that there are so many forms to file with the threat of prison if I mess up that I am truly cowed and pay someone else £400 a year to file for me. And I am a housewife with no income!
The state department has just raised the cost of expatriation from $450 to $2500 which worries me even more.
I wonder, should I just give up my citizenship now and make life much easier?It's a lot of worry and stress to carry around for emotional/nostaligic reasons.
AIBU?
To Consider Giving up US Citizenship?
NotFunBeingAnAmericanInLondon · 01/10/2014 18:49
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