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).
