I had an overseas account in Singapore years ago when my company sent me to work there.
I kept a very small amount of money in it, but got notified that it was being closed — due to lengthy and costly reporting requirements on US citizens, required by US Treasury.
Nearly all international banks’ response has been to simply stop doing business with US citizens
Face it folks - you are captives of our bloated, woke government.
That’s true also U.S is one of the few countries that will tax your income wherever you live in the world.
It’s quite bizarre that.
You’re basically internationally a slave unless you renounce citizenship (I think)