this post was submitted on 16 Feb 2026
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[–] zebidiah@lemmy.ca 13 points 3 days ago* (last edited 3 days ago) (1 children)

That's about $30-40k more than most people have.... Before student loans

Edit: I ain't hating, good for you for making it out! It's an incredibly difficult thing to do, to uproot your entire life and move to a whole new country, and especially if it's not an English speaking one.

[–] Pyr_Pressure@lemmy.ca 1 points 3 days ago (1 children)

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?

[–] ThunderQueen@lemmy.world 5 points 3 days ago (1 children)

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.