I don't know, and neither do you. All we know is that through October, 2015, Singapore didn't have CBT. Now it does, and with a much higher tax incidence among overseas citizens/PRs. (The highest incidence CBT in the world, it certainly appears.) Singapore's income tax rates are increasing next year (Year of Assessment 2017). Singapore's birth rate is among the lowest in the world, and the government wants the total population to level off. You do the math.ricedoll wrote:One wild thought, will your MSL contribution go up to >$20KUSD ever?
There was a period of time when the United States didn't have the Foreign Earned Income Exclusion, back in the 1970s, and had a top marginal income tax rate of 70%. The percentage of U.S. citizens living overseas who owed any U.S. tax on non-U.S. source income was much higher than today's 6%, and among those who did owe tax the percentage owed was, on average, much higher. Today there is now a certain percentage of Americans living overseas who have a negative tax rate, meaning they get CBP (citizenship-based payments) via the U.S. tax code. President Obama has proposed increasing that free money, and several presidential candidates have proposed slashing U.S. taxes. You do the math.
Tax laws and regulations can change overnight, and they do. So can lots of other events. For example, there are many people alive who remember when Singapore was invaded and occupied by a foreign power that acted quite brutally.
I have absolutely no problem with whatever your husband decides, but it's completely silly to argue that U.S. citizenship isn't valuable, at least on a contingent basis. Of course it is. Many other citizenships are valuable too. Every citizenship is a package deal of evolving rights, privileges, obligations, and responsibilities.
At present. How about his future children? One assumes we dream big dreams for our children.You mentioned being Hollywood celebrities, professional skier and baseball players. However, my husband is none of them.