Most Americans I met in Europe are still paying taxes in the US. I believe they need to get citizenship or at the very least residency to not pay taxes in the US.
Thanks for the clear explanation! It’s kind of wild that US citizens can not open companies abroad given the high reliance on finance of the US economy.
Especially Americans who can work remotely and then pay taxes in another country. Reduces tax revenue for the US and money flows into wherever else.
Not naively do this though. Research digital nomads, private VPNs, tax laws, etc. It’s not that simple
Most Americans I met in Europe are still paying taxes in the US. I believe they need to get citizenship or at the very least residency to not pay taxes in the US.
deleted by creator
Thanks for the clear explanation! It’s kind of wild that US citizens can not open companies abroad given the high reliance on finance of the US economy.
deleted by creator