Reply to Americans using their ancestry to gain European citizenship

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[quote=Anonymous]I think getting another nationality is wonderful if you want to have options to work throughout Europe or at least ensure your kids do, live there for some period or have strong connections to a particular country.  However, there is a certain naivete in this thread.  Firstly, the standard of healthcare might not be what many Americans are accustomed to.  Secondly, without local language skills, job options may be limited in many countries and professional skills may not be recognised.  Thirdly, you might be trying to escape civil rights infringements here but not realise that many European countries have their own restrictions that you don't agree with (eg abortion law).

For those seeing retirement in Europe as some sort of long term financial panacea, keep in mind that nobody has a crystal ball that shows what things will be like in the future.  Health systems are increasingly overwhelmed by aging populations, the economic fortunes of countries change, and the world is unpredictable.  Exchange rates move in mysterious ways.  For example, if I moved to the US on an Australian pension equal to US$150,000 per year in 2001, by 2011 that was worth $75,000.  Impossible to predict that was going to happen.  If you sell up your US assets and buy a house in another country, just keep in mind that, even if their property market keeps increasing, you can end up with a lot less money if you have to sell up and move back to the US.  [/quote]

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