Tuesday, April 7, 2015

The Cost of Leaving the United States

I'm not talking about going on a vacation abroad. I am talking about leaving the United States and making another country somewhere in the world my new home. Have you ever considered that? Renunciation of US citizenship is a big step. Most folks that go cite tax reasons or dissatisfaction with the political direction of the US or the cost of living in the US. And it's true that your US dollar will go farther in some other countries, at least right now.

So I was wondering how much it would cost to leave. I was just curious, so I did about 40 seconds of research and came up with an article in Forbes magazine about it. 

"Over the last two years, the U.S. has had a spike in expatriations. It isn’t exactly Ellis Island in reverse, but it’s more than a dribble. With global tax reporting and FATCA, the list of the individuals who renounced is up. For 2013, there was a 221% increase, with record numbers of Americans renouncing. The Treasury Department is required to publish a quarterly list, but these numbers are under-stated, some say considerably."

Apparently we are leaving in record numbers. Soon they will have to build walls to keep us in.

"To leave America, you generally must prove 5 years of U.S. tax compliance. If you have a net worth greater than $2 million or average annual net income tax for the 5 previous years of $157,000 or more for 2014 (that’s tax, not income), you pay an exit tax. It is a capital gain tax as if you sold your property when you left. At least there’s an exemption of $680,000 for 2014. Long-term residents giving up a Green Card can be required to pay the tax too.
Now, the State Department interim rule just raised the fee for renunciation of U.S. citizenship to $2,350 from $450. Critics note that it’s more than twenty times the average level in other high-income countries. The State Department says it’s about demand on their services and all the extra workload they have to process people who are on their way out."

So there is a fee of $2,350.00 just to renounce and if you are rich or close to it, there is an exit tax.

It seems to me that someone is trying to keep us from leaving and that makes me want to go before it becomes impossible. On the other hand, do I want to be an immigrant in another culture? Even a legal immigrant? Well maybe if they spoke English in my new country and there was a Walmart and a Hy Vee. What are the odds? I guess I could immigrate to Kansas, but that would defeat my purpose of getting away...unless Kansas secedes from the Union. Is there any hope of that?

I did hear that there is a danger of secession in California, New Mexico and Arizona and it's because of the huge number of immigrants there. Spanish is becoming the first language in those states and I suppose there is some poetic justice in Mexico maybe getting back what it lost back in the 1840's.

Whatever the case, it would seem that the manifest destiny of the white man is just about at an end. Europe is falling to immigration from the middle east. Muslims are taking over what was once Christian territory and why not? Christianity is all but dead there. They are almost post post Christian. Europe will soon change forever unless the nationalists there can get their immigration problem fixed. They better hurry. There are not a lot of white folks left.

Western Caucasians have had a death wish for most of the last century and into the 21st. The convenience of birth control and abortion along with the need for two income families has shrunk the size of white households considerably and even below replacement levels. Governments have been forced to open the flood gates to hordes of immigrants that are not melding into the once white culture of the west. Socialism requires taxes. Taxes come from workers. If workers are not produced in sufficient numbers, then they must be imported to support the social welfare system.  The reality though is that increases in immigration into the host countries also increases the size of it's welfare rolls. It is a burden that could bring down the entire west and fracture the nation status of the US and EU. I do believe that day is not far off.

ISIS is a minor threat by comparison.

And that is why I'm thinking about a place to escape to. I do not want to be here when the feces hit the oscillating wind device.

Can they build a wall around Kansas? Probably not. We are all doomed. What is a groundhog to do?

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