Do financial laws make U.S. citizenship a burden for American expats?

Curtis Poe, a writer on U.S. expat issues, explains why many banks don’t want U.S. citizens as clients and describes the difficulties American expats may face in getting jobs.

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Get a link to a free resource specially geared to American expats about opening a U.S. brokerage account from Israel.

Does the discrimination that American citizens face abroad make it worthwhile for expats to renounce their U.S. citizenship?

What are the most common financial myths? On today’s show, host Douglas Goldstein CFP® debunks financial myths, such as not being able to transfer funds to/from America or that you always have to support your adult children.

The Goldstein On Gelt Show is a financial podcast. Click on the player below to listen. For show notes and contact details of the guest, go to www.GoldsteinOnGelt.com

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Douglas Goldstein, CFP®, is the director of Profile Investment Services, Ltd, a financial planning and investment services firm specializing in working with Americans living in Israel who have investment accounts in America. He is a licensed financial professional both in the U.S. and Israel. Securities offered through Portfolio Resources Group, Inc., Member FINRA, SIPC, MSRB, FSI. Accounts held at Pershing LLC., Member NYSE/SIPC, a subsidiary of The Bank of New York Mellon Corporation. Neither Profile nor PRG gives tax or legal advice. Before immigrating to Israel, it is advisable to consult with a tax attorney who is knowledgeable about Israeli law. Contact at [email protected]