Abandoning The Green Card

Recommended Posts

Call me bubba
Posted
Posted

I have read in several posts and elsewhere that when 1 brings over his/her spouse

 that after a period of time he/she obtains 1's GREEN CARD.

which is the path to long term residency and citizenship,,

 

but what i dont understand , is that one goes thru all this time.effort and $$.

only to abandon  this.

could some of our members who have done this or about to do this ,Explain?

 

so that I/others can be aware of either the benefits or possible pitfalls of this action.

 

I ask,, as i was a resident in Spain, on the path to "both permanent residency and citizenship"

only to come to the RP and lose what i had slowly accomplished.(why?  in my case it was love)

Link to comment
Share on other sites

JJReyes
Posted
Posted

Our Honolulu real estate practice includes several very wealthy individuals who had greencards (permanent residency status) which they abandoned. One reason for returning the greencard is US residents are taxed on their worldwide income just like US citizens. 

  • Like 1
Link to comment
Share on other sites

BrettGC
Posted
Posted

Our Honolulu real estate practice includes several very wealthy individuals who had greencards (permanent residency status) which they abandoned. One reason for returning the greencard is US residents are taxed on their worldwide income just like US citizens. 

 

Oops, I did not know that; was living in Portland Oregon for a while after I left the Aust navy, on a green card with a navy pension lol. 

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...