Do I get Social Security if I renounce US Citizenship?

Описание к видео Do I get Social Security if I renounce US Citizenship?

What happens with your Social Security if you renounce US citizenship?

Thankfully, even if you decide not to be a US citizen anymore, social security benefits are still due to you.

Of course, there are some rules that you need to abide by, but the quick answer is that you still have right to your social security money.

It's also important to have restrictions in mind, as there is a number of countries to which the US government won't send SS benefits.

If you're not certain what you're owed, then you can simply go to the SS website, enter your personal information and you'll get a clear idea of how much money you have.

This is the situation for now, but it can be changed at any time, so it's important to keep yourself informed.

So, if you're considering renouncing US citizenship, but you're worried whether or not your SS benefits will stay in place, you now have your answer.

To stay up to date with all the relevant news and updates on becoming a global citizen, subscribe to our channel and follow what we do to make your Nomad Capitalist lifestyle better.

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ABOUT NOMAD CAPITALIST

Andrew Henderson travels to nearly 30 countries every year to stay up to date on the latest legal strategies for entrepreneurs and investors to pay less tax, grow their money faster, and build their personal freedom.

Andrew started Nomad Capitalist to help people like you follow his five magic words: "go where you're treated best". He has personally started foreign companies, opened offshore bank accounts, and obtained multiple second passports.

He also learned the hard way that perpetual information seeking is often the biggest barrier to getting the results you want. Many entrepreneurs spend months and even years constantly researching how to pay less in tax or live overseas, but are afraid to make the jump.

As a result, they get stuck and keep paying a fortune in taxes and never get the lifestyle they deserve.

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