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Renouncing U.S. Citizenship: The Financial and Emotional Realities

Автор: Douglas Goldstein

Загружено: 2024-11-21

Просмотров: 63

Описание: Thinking about renouncing your U.S. citizenship? It’s a decision that comes packed with complex financial and emotional considerations! Eli Clark, an international lawyer with a focus on cross-border estate planning, joins us to unpack the nuances. From untangling complicated banking woes to understanding the infamous exit tax, there's a lot at stake. We dive deep into what it really means to leave behind your U.S. passport—debunking myths and tackling big questions like, "Will I still get my Social Security?" or "What happens to my investments?" Don't make the leap without knowing all the facts (and a few surprises) that could impact your future.

Enjoyed this episode? Don't forget to share it, and to give a 👍 to the "Goldstein on Gelt" show for more insightful financial podcasts tailored for life in Israel.
 
Visit our website: https://profile-financial.com 
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Content Disclaimer
Welcome to the materials produced by Douglas Goldstein. Before engaging with our content, whether video, podcast, written format, or any other medium, please consider the following important information:
1.       General Disclaimer: The materials provided are for informational, entertainment, and educational purposes only. They do not constitute financial, legal, or tax advice, nor are they a solicitation to buy or sell any securities. The opinions expressed are those of Douglas Goldstein and not necessarily those of Portfolio Resources Group, Inc. or its affiliates. Neither PRG nor its affiliates provide tax or legal advice.
2.       Investment Risk Warning: Investments carry risks, including the potential loss of capital. No assurance can be given that any investment strategy will be successful or will achieve any particular level of performance. Past performance is not indicative of future results. Consult with a qualified investment professional before making any investment decisions.
3.       No Liability: Douglas Goldstein, Profile Investment Services, Ltd., and its affiliates accept no responsibility for any losses, damages, or liabilities that may arise from the use of the information provided in these materials. The content should not be viewed as a guarantee of success.
4.       Regulatory Compliance & Non-Solicitation: This content is not intended to provide advice on securities laws or international regulations and should not be considered a solicitation or offer to buy or sell any security, product, or service to any U.S. or non-U.S. investor in jurisdictions where such activity would be contrary to law or would require additional registration.
5.       No Obligation to Update: Douglas Goldstein, Profile Investment Services, Ltd., and its affiliates are not obligated to update or correct any information presented in these materials.
6.       Individual Consideration: The information presented does not consider your individual financial situation, objectives, or needs. It is not intended as personal recommendations. Before acting on any information, consider its suitability to your circumstances and seek advice from your financial or investment adviser.
7.       Securities and Custodial Services: Securities offered through Portfolio Resources Group, Inc., Member FINRA, SIPC, MSRB, FSI. Accounts carried by Pershing LLC., Member NYSE/SIPC, a subsidiary of The Bank of New York Mellon Corporation.
By accessing, viewing, or using this content, you acknowledge and agree to the terms outlined in this disclaimer, understanding the risks involved with investment decisions and the general nature of this informational content.

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