I talked about this with my Canadian GF and it’s the same in canada except for the “we’ll tax your ass out if you are out of the country”. They kill you with taxes over there but it’s not as draconian as overseas revenue here. That’s why she wont apply for US citizenship. (and because Romney lost too)
Here’s another good reason: She can have an overseas bank account if she wants one.
In the US, it’s bad enough that you have to report all of them over $10,000. But recently, almost any reputable foreign bank refuses you as a client if you are an American citizen because US pressure on foreign banks has become so onerous. The US has destroyed banking privacy for its citizens. The government wants to know—and can easily know—everything. You can be destroyed at a moment’s notice by a court order.
Yep. Permanent residents from Canada are double taxed here.