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this post was submitted on 16 Feb 2026
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I mean, what they going to do if you take out a 10K loan and leave it all behind? Does US debt follow you to other countries?
Yes and many countries have extradition policies with the us. In order to renounce your citizenship, it costs like $2000 now. So it is double taxes otherwise in lots of places.
Most countries you'd want to go to have a tax agreement with the US to negate the effects of double taxation.