Moving abroad if Trump or Clinton wins? Not so fast.

[RandySF]

The next time you hear people say they'll flee U.S. soil if so-and-so wins the presidential election, ask if they're familiar with the financial life of an expat.

Financial advisors say that, regardless of the reason a person wants to move abroad, it's important to know that laws, tax obligations and banking policies can add complications to your personal finance picture.

"Find out if you will be able to transact financially in the foreign jurisdiction you're looking at," said certified financial planner Kashif Ahmed, founder and president of American Private Wealth. "It's a very serious thing to consider before just picking up and leaving the country."



http://www.cnbc.com/2016/06/24/moving-abroad-if-trump-or-clinton-wins-not-so-fast.html

[auntpurl]

1. I can't recommend the UK at the moment.

[Thinkingabout]

2. Like Rush said he was going to move to Costa Rica if ACA passed, we did

Not get lucky, he did not leave. I can't think of a country I would rather live in except for the USA.

[treestar]

3. People say it and never do it

and act like there are no immigration restrictions in other countries. LOL they object to immigrants coming here but figure other countries can't wait to take Americans.

I wondered if the perception we have we can always flee to Canada is based on Canada taking draft resistors. It seems to be American Law that Canada is our refuge.