#FATCA of matter is: Avoid US investments – Life is too short to be about #IRS #FBAR and taxes http://t.co/X7BUyxzM1m
— US Taxation Abroad (@TaxationAbroad) October 3, 2013
The post is aimed primarily at those who are NOT “U.S. persons” (citizens and green card holders”. I have noticed that a number of “free real estate seminars” directed toward getting Canadians to:
“Buy U.S. Real Estate”
All U.S. investments create tax and compliance problems. Tax and compliance problems cost money, take time, cause anxiety and reduce your quality of life. This is what the promoters don’t tell you. To get a flavor of the kinds of problems, U.S. investments WILL cause read the following articles referenced in these tweets.