To: grumpygresh; All
It is my understanding that you cannot just *leave* with your assets anymore. You have to tell the IRS what you are taking with you so they can decide how much they will allow you to take. I believe that is why they mandated SS numbers for passports (it happened well before 9/11). I was told this when I inquired about why an SS number was required to renew my passport.
20 posted on
09/20/2011 8:23:41 AM PDT by
marktwain
(In an age of universal deceit, telling the truth is a revolutionary act.)
To: marktwain
How then do US citizens buy property abroad? They do it every day on shows like House Hunters Intl?
27 posted on
09/20/2011 9:01:47 AM PDT by
grumpygresh
(Democrats delenda est)
To: marktwain
It is my understanding that you cannot just *leave* with your assets anymore.Ship them ahead and pick them up later.
38 posted on
09/20/2011 2:00:33 PM PDT by
JimRed
(Excising a cancer before it kills us waters the Tree of Liberty! TERM LIMITS, NOW AND FOREVER!)
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