Tuesday, September 16, 2014

US Tax Laws Harsh on Expats


I know three or four Americans who are basically being forced to give up citizenship. If you make simple mistakes it could cost you—it could be a criminal offense, or at least a very financially onerous one.

My filing requirements and possible penalties are very much different [to Americans living in USA]. It is treating Americans who live abroad differently—you would think it is some kind of discrimination.




Jim Rogers is a bestselling author, financial commentator and successful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).

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