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7 Reasons Why I’ll Never Renounce My US Citizenship

7 Reasons Why I’ll Never Renounce My US Citizenship

FromBadass Digital Nomads


7 Reasons Why I’ll Never Renounce My US Citizenship

FromBadass Digital Nomads

ratings:
Length:
27 minutes
Released:
Jul 13, 2021
Format:
Podcast episode

Description

Now that you've heard what it's like to renounce your US citizenship and how to do it, what about the other side of the story? What are some reasons you might want to keep your citizenship status? Kristin explains why she's keeping her US citizenship forever, despite the many reasons people have for renouncing.  She also reads and reflects on some of the top comments from her video interview with Erika Lind on why she renounced her US citizenship and moved to Canada.    ► Headed overseas? ?  Check out Kristin's favorite: ↳ Travel Medical Insurance ↳ Global Health Insurance ↳ Online Bank Account   EPISODE 116 TOPICS DISCUSSED: The top reasons why people choose to renounce their US citizenship:  Cost and complexity of paying US taxes abroad Difficulties of opening an offshore bank account Marrying a non-US citizen abroad Concerns about the political climate Disappointed in the direction of the US government Conflicting values and principles with US policy or culture Feeling disconnected from the US; no strong ties Why you might NOT want to renounce your US citizenship Why Kristin decided she's not renouncing: Freedom Choices Family Global citizenship Travel restrictions Future uncertainty Losing your SSN And more How to put a monetary value on time Why Kristin doesn't think that the US government will ever repeal citizenship based taxation The possibility of a global tax system in the future How many people renounce their citizenship each year   RESOURCES Online Banks:  Wise N26 Oxygen Revolut   Related Videos: How To Renounce Your US Citizenship Americans Abroad on Paying Taxes and Renouncing Citizenship (Greenback Tax Survey) 8 Reasons Why People LEAVE Costa Rica [Why I Left] Digital Nomad Visas Explained   Related Podcasts: How To Renounce Your US Citizenship Part 1: Moving to Canada How To Renounce Your US Citizenship Part 2 How U.S. Expats Feel About Paying Taxes Abroad and Renouncing Citizenship The Shocking Truth About How US Expats Vote Do You Need A Digital Nomad Visa?  100th Episode of Badass Digital Nomads Part 1: Kristin on Becoming a Digital Nomad 100th Episode of Badass Digital Nomads Part 2: Where and How to Start Going Location Independent Other Resources: Greenback Tax Expat Survey IRS Website IRS Expatriation Tax   IRS Renouncing US citizenship  Retaining social security benefits after renouncing  Republicans Overseas Democrats Abroad   Connect with Kristin:  Follow on Instagram Subscribe to Traveling with Kristin on YouTube  Subscribe to Digital Nomad TV on YouTube Follow on Medium Follow on Clubhouse @KristinWilson Join the Badass Digital Nomads Facebook Group ........................................................................................... Support the Badass Digital Nomads Podcast: Buy Me a Coffee Become a Patron Leave a 5* Review Buy Official Merch  Search All Episodes at www.badassdigitalnomads.com ........................................................................................... Thank you to my 2021 Patrons: Teklordz, Trader Walt, Shawn, Gary, Gary R, Yozhik, Bronwyn, Cynthia, Erick, Yasmine, Mike, Isaac, Michael, Scott, Karen, Erik, Heather, Craig, RZ, Timothy, Richard, Fred, Lakshay, Yohji, Annie, Ray, Ron, Henry, Kelly, Alejandra, Keith, Stephen, Eddy, Warren, James, Javier, and Daniel.  Warm welcome to my newest patrons: Rich, Emily, Aisha, Phil, and Anthony! Become a Patron for $5/month at Patreon.com/travelingwithkristin ........................................................................................... Podcast descriptions may contain affiliate links of products and services we use and recommend at no additional cost to you.   
Released:
Jul 13, 2021
Format:
Podcast episode

Titles in the series (100)

The remote work revolution is here, yet very few people and companies are prepared for it. Badass Digital Nomads aims to change that, however, by teaching you how to break free from old paradigms and thrive in the remote economy. Get ready to “laugh and learn” with veteran digital nomad, Kristin Wilson of YouTube’s “Traveling with Kristin,” as she teaches you how to master the art of working from anywhere. Professionals of all ages and backgrounds will find value in how Kristin and her guests approach different topics in remote work, entrepreneurship, and travel - all while staying grounded in the timeless principles of philosophy and self-development. What you’ll learn:  How to transition from a 9-5 job to a location-independent career  The many ways to make money online  Where to find high-paying remote jobs  How to start or scale your online business  How to stay productive while avoiding work-from-home burnout  Where to go? The best places to travel or live abroad  And much more! Also stay in-the-know and on the cutting edge of trends in remote work, technology, and travel with Kristin’s “Digital Nomad News” insights - on everything from startup visa programs to where to find the best WiFi. Tune into Badass Digital Nomads every Tuesday at 12pm EST for a new episode to help you stay inspired to design your best life in 2020 and beyond.