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Originally Posted by Kimo
dont you have to pay US taxes no matter where in the world your living if your a US citizen?
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True Kimo - US is the only country that has this requirement to file tax docs and pay taxes irrespective where a US citizen lives (least the only one in the western world - the others are Lybia, Saudi and some obscure place).
Flip side is there is an $80K allowance for foreign residency - but, overall, that's not much compensation when many other benefits of living abroad are dumped down the drain.