USA, Canada / Any Polish-USA Dual Citizens Returning to Poland and Plan to Renounce USA Citizenship Due to FATCA? [5]

You see, the problem is that with technology very soon USA government will know exactly what you have and where you have it. This is leading to a stampede of people giving up their USA citizenships and green cards if they live abroad. It is not like any other country where you do nothing, or like it was before FATCA, where all you had to do was file taxes. And the $110k income exemption is for earned income, not for investment income, rental income, etc. So one can say theyhave their hands out for every penney they can get.

USA, Canada / Any Polish-USA Dual Citizens Returning to Poland and Plan to Renounce USA Citizenship Due to FATCA? [5]

Thank you for your feedback. It is not about paying taxes, but about the lack of privacy and the fact that increasingly financial institutions abroad do not allow "US persons" to have accounts. You may want to follow this topic on Quora if you are interested. Thank you for the feedback.

USA, Canada / To leave the USA for a better life in Poland or not? [11]

Deekra (dear), We went to USA for a better life from India and FINALLY after 20 years woke up and realized that NOTHING was getting better but everything was getting worse. Absolutely consider leaving USA. Poland is not so bad and in fact can be quite nice. I know Polish people in USA that left for Poland and have not regretted their decision.

The election of Trump is only going to make things worse (as if things to GET worse) in USA. Time to make a move while you still can!