Monday, September 15, 2025
No Result
View All Result
The Financial Observer
  • Home
  • Business
  • Economy
  • Stocks
  • Markets
  • Investing
  • Crypto
  • PF
  • Startups
  • Forex
  • Fintech
  • Real Estate
  • Analysis
  • Home
  • Business
  • Economy
  • Stocks
  • Markets
  • Investing
  • Crypto
  • PF
  • Startups
  • Forex
  • Fintech
  • Real Estate
  • Analysis
No Result
View All Result
The Financial Observer
No Result
View All Result
Home Business

‘Abandoned my green card’: Reddit user feels relieved after renouncing US permanent residency

‘Abandoned my green card’: Reddit user feels relieved after renouncing US permanent residency
Share on FacebookShare on Twitter


A Reddit person just lately sparked a dialogue on-line after sharing their determination to voluntarily abandon their US inexperienced card, citing a variety of causes from excessive taxes to irritating immigration procedures.

In a put up that gained important traction, the person wrote, “Right now I acquired official affirmation that my inexperienced card abandonment has been recorded after submitting kind I-407. I felt actually comfortable and relieved after receiving this e-mail. The inexperienced card has been extra issues than advantages for me. I’ll journey to the US to go to a couple of associates infrequently. Dwelling within the US is just not a very good possibility for me.”

The person, a citizen of Argentina now residing within the Center East, elaborated on their causes for giving up everlasting residency, citing “excessive tax, annoying to fill taxes yearly, uninterested in coping with monkeys in secondary inspection on the airport, increased salaries than within the US in different elements of the world.” The writer shared that their backup plan is transferring again to Argentina.

Their perspective resonated with some and sparked curiosity amongst others. Within the dialogue thread, one other person responded, “My spouse and I are contemplating this. I’m American (born right here), and she or he is from one other nation and has a inexperienced card. We’re planning to maneuver again to her house nation this coming fall.”

The voluntary abandonment of US everlasting residency, whereas not an on a regular basis incidence, is just not totally unusual. Many inexperienced card holders resign their standing because of tax burdens related to the US’s worldwide taxation system, prolonged and sophisticated immigration processes, and higher profession prospects in different nations.

Nonetheless, whereas there may be important concern amongst inexperienced card holders about their standing amid President Donald Trump’s crackdown on immigrants, there are not any concrete figures obtainable concerning renunciations of inexperienced card standing.

Below US regulation, inexperienced card holders who want to relinquish their standing should file Type I-407, Report of Abandonment of Lawful Everlasting Resident Standing. As soon as processed, they formally lose their everlasting resident standing however can nonetheless go to the US with a visa or below a visa waiver program, relying on their nationality.

The Reddit put up highlights the shifting views on US immigration, the place some people now not see America as the final word vacation spot for financial success and stability. With rising international alternatives, increased salaries overseas, and bureaucratic hurdles within the US, some inexperienced card holders are reassessing whether or not the advantages outweigh the challenges.



Source link

Tags: AbandonedCardeconomic success abroadFeelsForm I-407global career opportunitiesGreenhigh taxes in USimmigration perspectivespermanentRedditReddit discussionrelievedrenouncingresidencyUS green card abandonmentUS immigration proceduresUS permanent residency renunciationuserworldwide taxation system
Previous Post

World Liberty Financial cautions about USD1 scams amid upcoming stablecoin launch

Next Post

Jewish communities abroad want to move together to Jerusalem

Related Posts

Vail Resorts Now Has a 6% Dividend Yield. Time to Buy the Stock?
Business

Vail Resorts Now Has a 6% Dividend Yield. Time to Buy the Stock?

September 14, 2025
Rs 32,000 crore festive IPO boom? LG Electronics, Tata Capital to test investor appetite this Diwali
Business

Rs 32,000 crore festive IPO boom? LG Electronics, Tata Capital to test investor appetite this Diwali

September 14, 2025
Poland scrambles jets, shuts key airport amid drone threat
Business

Poland scrambles jets, shuts key airport amid drone threat

September 13, 2025
Calamos U.S. Convertible Strategy Q2 2025 Commentary
Business

Calamos U.S. Convertible Strategy Q2 2025 Commentary

September 12, 2025
Infosys board gives nod to Rs 18,000-crore share buyback
Business

Infosys board gives nod to Rs 18,000-crore share buyback

September 12, 2025
Light rail boosts Jaffa home prices
Business

Light rail boosts Jaffa home prices

September 11, 2025
Next Post
Jewish communities abroad want to move together to Jerusalem

Jewish communities abroad want to move together to Jerusalem

True North Realty Group Joins Keller Williams Market Pro Realty, Creating Unstoppable Growth in Northwest Arkansas

True North Realty Group Joins Keller Williams Market Pro Realty, Creating Unstoppable Growth in Northwest Arkansas

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
The Stock Market Just Did Something for the 16th Time Since 1950. It Usually Signals a Big Move in the Next Year.

The Stock Market Just Did Something for the 16th Time Since 1950. It Usually Signals a Big Move in the Next Year.

August 19, 2025
In praise of complicated investing strategies

In praise of complicated investing strategies

August 19, 2025
SEC and Ripple officially settle appeals, XRP case moves to final enforcement

SEC and Ripple officially settle appeals, XRP case moves to final enforcement

August 22, 2025
If your chart is showing AUD/USD around 0.6630, get outta here! Pair trading around 0.6647

If your chart is showing AUD/USD around 0.6630, get outta here! Pair trading around 0.6647

September 14, 2025
The Division Of The United States Is In Motion

The Division Of The United States Is In Motion

September 14, 2025
Vail Resorts Now Has a 6% Dividend Yield. Time to Buy the Stock?

Vail Resorts Now Has a 6% Dividend Yield. Time to Buy the Stock?

September 14, 2025
How AI is Decoding Investor Psychology in Real-Time: A Deep Dive into Behavioural Finance for Fintech Innovators

How AI is Decoding Investor Psychology in Real-Time: A Deep Dive into Behavioural Finance for Fintech Innovators

September 14, 2025
Metaverse Is Rising Again – Records +13K NFT Users In August

Metaverse Is Rising Again – Records +13K NFT Users In August

September 15, 2025
Planning to retire in 2045 as a 30 years old with VOO, does this math make sense? : personalfinance

Planning to retire in 2045 as a 30 years old with VOO, does this math make sense? : personalfinance

September 14, 2025
The Financial Observer

Get the latest financial news, expert analysis, and in-depth reports from The Financial Observer. Stay ahead in the world of finance with up-to-date trends, market insights, and more.

Categories

  • Business
  • Cryptocurrency
  • Economy
  • Fintech
  • Forex
  • Investing
  • Market Analysis
  • Markets
  • Personal Finance
  • Real Estate
  • Startups
  • Stock Market
  • Uncategorized

Latest Posts

  • If your chart is showing AUD/USD around 0.6630, get outta here! Pair trading around 0.6647
  • The Division Of The United States Is In Motion
  • Vail Resorts Now Has a 6% Dividend Yield. Time to Buy the Stock?
  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2025 The Financial Observer.
The Financial Observer is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Business
  • Economy
  • Stocks
  • Markets
  • Investing
  • Crypto
  • PF
  • Startups
  • Forex
  • Fintech
  • Real Estate
  • Analysis

Copyright © 2025 The Financial Observer.
The Financial Observer is not responsible for the content of external sites.