Reading the second paragraph as a caveat to the first...PNGMK wrote: ↑Sun, 14 Feb 2021 10:30 pmMy guess is that you were born overseas and hence cannot do this:
A person born outside Singapore before 15 May 2004 will be a Singaporean citizen by descent only if his or her father was a Singaporean citizen by birth or by registration at the time of birth.
If the parent from whom the child derives citizenship is a Singaporean citizen by registration, the child will be granted Singaporean citizenship by descent only if they do not acquire citizenship of the country of their birth.
Frankly, this isn’t out of patriotic devotion to Singapore. I just want to get out of the American tax web, but I’d also like a good passport. My kids are Polish-American dual citizens, but I don’t have that benefit. This is perhaps a very mercenary attitude, but I don’t even expect to live in Singapore long-term. It’s just something I’d do if I need to put in two years towards citizenship.malcontent wrote: ↑Wed, 17 Feb 2021 2:05 pmIt’s possible to view the thread without logging in... but nevertheless, I am puzzled by the allure of the red passport since according to the OP he hasn’t lived in Singapore, only visited - - unless he is a one percenter, but even then, the US won’t let him go so easily. Maybe he is another one who is disenchanted by the election and wants to get out before the Dems finish what they have started.
Haha, the location is a bit off. Please, please - and I mean no disrespect - don’t share my info.sundaymorningstaple wrote: ↑Wed, 17 Feb 2021 3:37 pmFor the record, he posted from a Comcast IP Addy in Hollywood, Florida (between Fort Lauderdale and Miami). Maybe he doesn't want to see if BBCDoc's prognosis about FL is correct.
No worries MarcoPolo, that info doesn't reveal any identity at all, just a general location. (We need IP addies due to the proliferation of trolls & spammers which are a headache) Otherwise, we're like the three monkeys No Hear, See or Speak. But we do get a lot of single poster/trolls/spammers world wide who will post a single post and then leave it until it get buried a bit and then come back and edit it or their signature link to post spam links, etc.
No worries. I’m just slightly paranoid. I can’t imagine there are too many people around these parts who fit my description. Congratulations on retirement, by the way.sundaymorningstaple wrote: ↑Fri, 19 Feb 2021 1:58 pmNo worries MarcoPolo, that info doesn't reveal any identity at all, just a general location. (We need IP addies due to the proliferation of trolls & spammers which are a headache) Otherwise, we're like the three monkeys No Hear, See or Speak. But we do get a lot of single poster/trolls/spammers world wide who will post a single post and then leave it until it get buried a bit and then come back and edit it or their signature link to post spam links, etc.
You might want to do some investigation into the tax consequences of giving up your US Citizenship. It can be rather expensive so I've heard. I've been a PR for over quarter of a century and still haven't given up my US passport but both of my Children were born here had dual citizenship till 21 and opted for SGC at that point. Both married local spouses and now I've got 3 G.kids. Also retired 2 years ago. Been working on my US return the past couple of nights!
At risk of being crass, I fall into the group of people who actually feel the pinch. I used to run my non-employment income through a company to defer, but not avoid, taxes. That’s no longer possible; I was actually harmed by Trump’s tax cuts.malcontent wrote: ↑Fri, 19 Feb 2021 2:19 pmIt seems like anything north of around US$200k is when US taxes start to become a real pain (for Americans living abroad). Anything less than that is usually well covered by exclusions, deductions & credits.
However, in places like the UK or EU where taxes are generally higher than the US, it can be beneficial to forgo the exclusions and use the foreign tax credit - which I’ll be the first to admit is a real pain in the rear!
I just finished my 2020 taxes, will be printing and snail mailing it shortly... and don’t forget the FBAR.
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