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Re: alumni: Giving up the Green Card

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Re: alumni: Giving up the Green Card

From: Hans-Juerg Jost <click for textversion of email address >
Date: Thu, 21 Sep 2000 15:20:14 +0200

I am very confused about this. I don't have experience myself, but I
am about to get a GC and researched the issue. The infos I got do not
line up with what you guys say.....

>My wife had the same problem a few years ago:
>
>1. The greencard automatically expires after one year out of the
> US, unless you asked for an extension before you left
> (I think you can extend it for at most another 6 month)

This seems to depend on the type of greencard (according to info I
found on the internet). Could be more than a year or less....

>2. Taxes are usually zero, as you can deduct a large amount
> (currently around 0000), if this is not enough there are
> also ways to deduct housing costs and other costs related
> to the cost of living abroad, plus you can deduct the taxes
> you pay in Switzerland (capital gains tax could be a problem
> though).

I thought that you file as non-resident and there you show that you
were out of the country more than 183 days. What am I missing?

cheers,

Hans-Jürg
Received on Thu Sep 21 2000 - 07:22:09 PDT

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