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--- introduction [2025/11/24 02:49] – jhagstrand
+++ introduction [2025/11/30 21:23] (current) – jhagstrand
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 ====== Introduction ======
+[[American Expat Retiree Financials | contents]]
 ===Who is this book for?===
+American Expat Retiree Financials
 American - USA citizen, with passport and social security number\\
 Expat - living abroad, or planning extended travel abroad\\
-Retired - no longer has active income\\
+Retiree - no longer has active income\\
-Six-Figure - holding less than $1,000,000 in retirement investment accounts\\
+Financials - Banking, Investments, Residence, Taxes, Social Security, Estate Planning, Payments, Credit\\
-Financials - Banking, Investments, Residence, Taxes, Social Security, Estate Planning, Payments, Credit
+edition
+For persons holding less than $1 million.
 This book covers only USA-licensed investments, companies and accounts.  No foreign investments or income.
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   * USA-licensed Mutual Funds are not for sale to non-USA residents.  Use ETFs instead.
   * USA-licensed ETFs are not for sale to residents of most EU countries.  Build your own fund instead, starting with the Magnificent Seven stocks: Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla.
+=== Good News ===
+A born-in-the-USA (naturalized) citizen of the US is a citizen for life.  This citizenship cannot be revoked.  You cannot be exiled.  And when you return to the US they cannot deny entry.
+Your social security is gold.  You have earned it.  Even if you renounce your citizenship, the SSA will still send your check every month.
+The IRS considers every US citizen a "US Tax Resident".  That means your income is taxed, no matter where you live or where you work.