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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The only way to do London is via an expat package where your salary is grandfathered and you additionally receive a cost of living adjustment. Moving there on a local package and being paid local labor market wages is a dumb move. UK pays about 2/3 of the wage for a similar role in USA, it’s just how it is there. Healthcare is free. But specialists are difficult to find and poorly trained. Train system is built out but strikes that shut down the metro are common. Housing is just as expensive and the homes are smaller. Cars cost the same. Nearly all cars are diesel and it’s expensive. You’ll never ski again unless you can afford trips to the alps. Groceries cost the same once you factor in foreign currency xchange. You will never have a good steak, Mexican food or hamburger again. If you’re serious about moving prepare yourself and do the research. Most US immigrants to London give up US Citizenship in their 5th year or so - meaning you give up your US passport and the protections of US Embassies [/quote]

Okay. Your last line shows that you are speaking absolute rubbish.[/quote]

And  Your comment shows you know nothing about US taxation while living in foreign countries. I know 3 families who did this very thing. Look it up mate educate yourself a little. Moron.[/quote]

I have been an expat multiple times. Renouncing citizenship is very rare. And I am not sure how you get “most” when you're citing 3 out of 100,000 expat Americans in London.

Mate. [/quote]

You are wrong. You’ve been an expat ‘multiple’ times. Which means you’ve always had the benefit of tax equalization. Am I right? Just because you don’t know anyone who’s done it doesn’t mean it’s real for those coming of expat packages and made local or those who live on local agreements. Here’s an article for you since you can’t seem to google for yourself. 1 in 3 seriously consider renouncing, and of that, if even a fraction pull the trigger, the number is substantial.

https://www.cnbc.com/amp/2024/03/19/heres-why-some-american-expats-want-to-renounce-us-citizenship.html

Stop being a wanker. You think you know. You have no clue. [/quote]

Ha! You’re quoting a poll by Greenback Expat Tax Services?!!! Stop embarrassing yourself.

[/quote]

Forbes
https://www.forbes.com/sites/kathleenpeddicord/2022/07/28/does-renouncing-us-citizenship-make-sense-for-the-average-american-abroad/

BBC
https://www.bbc.com/news/magazine-24338387
https://www.bbc.com/news/35383435

Bloomberg
https://www.bloomberg.com/news/articles/2022-09-30/irs-tax-law-expats-americans-renounce-citizenship-to-avoid-fatca-rules?embedded-checkout=true

[/quote]

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