Some one has to start it, Americas default.

Is "renunciation" all that difficult once you have left and are settled elsewhere?

- Is everyone determined to go down with the ship? - - - - I seek respite in the smallest (population 'per acre of land') country I can reasonably reach...

 

Renunciaty what?

hang on Ille go and look that up.

I did not give up British citizenship however I laughed as the plane took off with a one way ticket to BKK and a small bag containing 38 years of life reduced to a tooth brush. Never ever re considered.

It was one of the most exhilarating feelings of my life. When I go back I can tolerate but 10 days and it gets less everytime. Again I laugh when the plane takes off, but feel genuine sorrow for the poor smucks who say to me Oh your so lucky --hey buddy luck has nothing to do with it you can do it tomorrow----oh I got kids (so) I got a wife --yeah that you hate,--- 'One life' that's all you need to know.

The East is nothing like the west It may as well be on another planet.

There is no where near Aussie that in my opinion could support you style of life or even the style of life you are willing to tolerate. Malaysia is your nearest just 3000 miles.

 

Hi Frosty,
I was aiming at the above by "catbuilder"... Loyalty to a country that changes the rules to make your continued residence there untenable is next to brainless...

 

Have you given up your Australian citizenship masalai?

 

No I think you mis under stood,-- the rules do keep changing but for the better. There are retirement visas now , highly respected and with that you can get a driving license own cars N stuff. You can stay there for the rest of your life without leaving ever, as long as you have the criteria. 25000 dollars in a cash call Thai bank at each and every yearly application which takes 10 minutes.

Surprisingly some expats cant afford this and buy a Vise at 600 dollars per year from the corrupt immigration office, ha you got to love that corruption --it works both ways.

You can own a Thai company with you holding 49 % and every other partner submits a resignation letter and power of attorney . You can then buy land.

Pound getting stronger,--Uk is NOT in the European Union.

It would appear that the word ballance is being used frequently in Uk defacit figures but strikingly the figures also contain the word billion as USAA+ uses "trillions" and still have not done anything. Certainly a bright light at the end of the tunnel.

http://www.theglobeandmail.com/repo...uts-deficit-cut-plan-on-track/article2134835/

 

I am British -I need a visa to go to Australia and USA. I can not work in either of them nor in Thailand.

I can not own land in Auss or USA and many many countries around the world, infact I know of not one that I can buy land in my name . However ANYONE can buy land freehold in UK, football clubs are especially popular or huge London stores. Mansions too expensive to run by the state or the Royal family are snapped up by oil rich Arabs.

What a fking mess.

 

They've already thought of that one; renouncing your citizenship for tax purposes is specifically against the law. Although I'm not sure how hard your new home would work with the IRS to bring you home to face charges, if you were paying them there....

 

If you renounce you citizenship then you are no longer an American, you can not be a little bit American . You will need a visa to go to US, the home of your birth.

Thats what a citizen is. You cant possible pay US tax without a US citizen ship or that would include me and everyone else, nice try!

 

I have no problem with foreigners buying into the US. For starters, it infuses capital into the system. It also gives them a stake in our future... the more intertwined their fate is with ours, the less likely their home countries are to screw us over. If the Soviet government had owned a piece of the US, would there have been a cold war?

Stop and think about it. Are the Chinese ever going to seriously jack us around, if they can help it? Not bloody likely, when so much of their own government's money is tied up in American treasury bonds and the like.

I remember twenty years or so back, when people were freaking out about the Japanese buying everything from landmark buildings to golf courses. But when the dust settled, it became obvious they'd been taken for a ride. They had overpaid so badly that they wound up getting rid of many of their properties at a huge loss.

As a sidebar, some of the largest cattle ranches in the old West were actually owned by foreign investors. I remember an anecdote (in Time Life's series of books about the West, I think) about a Montana or Wyoming foreman licking his pencil and painfully scribbling his annual report to the British company that owned his ranch.

Along with the usual financial information and operating details, he supposedly also wrote, "that last ranch manager you sent us was no good, we wound up having to shoot him."

 

Ok consider this, when the pound is weak and other currencies are strong rich people buy houses in UK.

This drives up house prices making most houses in London completely unattainable for the normal London resident . As for a first time buyer it is a joke and not a very funny one as extreme social consequences are just around the corner. It is mans right to be able to get a job , get married , buy a house and have kids, if not the human race ends in 100 years.

Most English people live in a house they could never afford and its getting further and further away as if a expensive house was a money earner.

It does not matter if your house is worth 50 million -if you sell it you have to buy another . The only beneficiary is the government with stamp duty and the lawers and agents 2 % and then they pay tax.

Average UK house is over 1/4 million dollars. In London that would not buy you a garage to park your car( Im not joking).

And all the time the government is in control by allowing or not conversion of green belt land to domestic. Farm land to building land.

This makes the rich very happy and the working man very sad.

 

Sorry, guys. I don't intend offense here, but I didn't realize I was speaking with land people here.

I don't live on land. I'm a professional mariner that is ashore to build a boat. The world works a little differently for me than it does for you land folks.

Much of the observations you are making about my situation are incorrect.

Troy: Anybody can renounce at any time provided they don't already have some tax problem.

 

Then they should consider other means if they are miserable!

I owned a house for about a year, and the whole thing bored me to tears.
I hate the thought of having to tinker and frig around with those sort of things.

Instead, a group of us formed a co-operative and, with government backing, bought 30 houses.
Some, like me had a family, others lived alone.

I paid $50 (about $120AUS today) per week for a 3 bedroom house in an inner city suburb in Adelaide.
That made surviving on the dole exceptionally easy. While my wife went off to Uni to study law,
I stayed at home with the baby and taught myself maths and aerodynamics.

With free health care, it's like a Socialist Worker's Paradise here compared to some places!

 

Frosty, You can buy land in Australia, as long as you have the money.

 

Don't think so! ---you read that somewhere?

Found this, read the replies.

http://www.embraceaustralia.com/australia-tightens-rules-on-foreign-property-investors-6929.htm

 

Anyone can buy property in Australia, even with the support of a bank mortgage, some restrictions apply on what can be bought, but not much...

As an Australian, I can hold DUAL citizenship - - - in any country that allows such... An Australian passport is convenient, and internationally, reasonably well accepted for the present... minimal "political baggage"...

Hi bntii,
I think you will find that being owned and controlled by private interests, the US Fed Reserve holds no legal or moral loyalty to the USA... It controls the US$ and because of that power, may be assumed to control the USA... Think about that and read the book which historically tells the history of the creation of the Federal Reserve Bank of the USA called "The Creature from Jeckyl Island"... http://video.google.com/videoplay?docid=-8484911570371055528 and also http://www.youtube.com/watch?v=7auQEXTWomA

http://en.wikipedia.org/wiki/G._Edward_Griffin an extract summarises as follows ... The title refers to the November 1910 meeting at Jekyll Island, Georgia, of seven bankers and economic policymakers, who represented the financial elite of the Western world.[33][34] The meeting was recounted by Forbes founder B. C. Forbes in 1916,[35] and recalled by participant Frank Vanderlip as "the actual conception of what eventually became the Federal Reserve System".[36] Griffin states that participant Paul Warburg describes the Jekyll Island meeting as "this most interesting conference concerning which Senator Aldrich pledged all participants to secrecy".[37]

Griffin's work stresses[38] the point which Federal Reserve chair Marriner Eccles made in Congressional testimony in 1941: "If there were no debts in our money system, there wouldn't be any money."[33] Griffin advocates against the debt-based fiat money system on several grounds, stating that it devours individual prosperity through inflation and it is used to perpetuate war. He also described a framework of central bankers underwriting both sides of an ongoing war or revolution.[39] Griffin says that the United Nations, the Council on Foreign Relations, and the World Bank are working to destroy American sovereignty through a system of world military and financial control, and he advocates for United States withdrawal from the United Nations.[11][40] ...

http://www.amazon.com/Creature-Jekyll-Island-Federal-Reserve/dp/0912986212 to buy the revised? paperback...

As to your responses, I feel that some research and analysis may be in order as I would suggest there is minimal economic growth in USA when measured by productive output, NOT by the increases in the "value" relating to the DJ, and several other indices relating to specific branches of the US economy... Please demonstrate your point by defining increases in productive volume and export of cars, trucks, machinery, steel mills, NEW oil refining capacity, NEW residential and commercial building, NEW manufacture of electronic devices inside USA and so on relating to the slump since the GFC commenced...