Expat Community > Brazil

travelr64
Joined 2008
Posts: 24

House Bill HR 4213

15 years ago

Anyone interested in expatriating needs to look at this bill. It was advanced by the house secretly, but has not yet been presented in the Senate. This bill will make it almost impossible for U.S. citizens to open bank accounts outside the U.S. It does not restrict the citizen from opening an offshore account, but places such a huge burden on the banks of foreign countries that most of them will not allow U.S. citizens to do so. Already, many offshore banks such as HSBC refuse to open accounts for U.S. citizens. Check out this bill, and contact your representative. These requirements of the offshore banks are hidden in the bill which also extends tax breaks for corporations and wealthy individuals. Just another example of U.S. citizens losing their freedoms. They are trying to stop anyone from taking their money out of the U.S. Is this not a right? Speak up and be heard

SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

Login

Or, Send Login Link

Expat Community > Brazil

House Bill HR 4213

Login