10 Feb, 2013, 10.12AM IST, AFP The Times of India
US tax rules sour life for Americans abroad: Expats
GENEVA: Scott Schmith is a patriot and a US military veteran but he is no longer a US citizen: Sick of complex tax rules making his life in Switzerland miserable he recently handed back his passport.
“It was a pretty big decision and there was a bit of anxiety,” said the 50-year-old photographer who served in the 1990-91 Gulf war and has been living in Switzerland since 1993.
But once he received his Swiss passport and handed back his US one last September, “it was like a load of weight off my shoulders.”
Schmith is one of a growing number of American expats who are opting to give up their citizenship rather than deal with the increasing difficulties imposed on them by US tax authorities, observers say.