I am a U.S. Army veteran living in Switzerland. My bank does not accept U.S. clients. When they became aware I was American, they would not refinance my mortgage. HUD & VA said it was “out of their jurisdiction.” I had no choice but to renounce.
I am no longer a signatory to my own company & had to divest my shares due to my U.S. birth. I can no longer have joint accounts with my wife of 28 years nor remain with my bank of 35 years. To become compliant at my age would be financial suicide.
FATCA has caused enormous friction in my marriage. My non-U.S. spouse refuses to let the U.S. know about his finances. Separating accounts would leave me very vulnerable. According to Belgian law, I have no right to access my spouse’s accounts.
A Father’s Anguish Over the Loss of his Son – “After a year of intensely trying to figure out what to do he committed suicide. This beautiful person who wanted to live out his dream in peace in another land was destroyed by you.” Horrible Struggle due to FBAR
Connect with other expats and find out how others are dealing with this. Make some friends!
THE WRITTEN WORD
Links to articles, books, journals….do your “due diligence” before making any decisions about your course of action.
Check out videos, TV & radio interviews – great sources of info available!
WHO WE ARE
Welcome! We wanted to take a minute to introduce our ADCT team. We are devoted to launching this lawsuit in order to defeat place-of-birth taxation and intend to see it through all the way to the Supreme Court of the United States. We have been active for the last four years in other aspects of the difficulties of expat life; on blogs and social media sites, information sessions offered globally, media appearances and being involved one-on-one with those tormented by the deplorable situation faced by expats. Oh, and we are involved in another lawsuit you may have heard about (in Canada)!
- Dr. Stephen J. Kish, Chair
- John Richardson, Co-Chair
- Patricia Moon, Secretary-Treasurer
- Carol Tapanila, Director