Originally Posted by
GUWonder
Even for US citizens resident abroad, opening (or keeping open) a non-US bank account has become a lot harder due to the long arm of the US setting up ordinary, law-abiding Americans to end up as collateral damage in the US's war on whatever that may be money-related.
I've heard this repeated tons, but I've had zero blink of an eye when opening up bank accounts in western europe.
Including very recently. Once, a bank rep did call me back, a month or so after the account was opened, "hello because of your citizenship we'll need an extra paper signed that we forgot to give you before, its because of special requirement with US agencies, etc etc etc". really simple 1 page disclosure thing that they sent over and i completed. no big deal at all.
And then annually I complete the FBAR which again takes 5 minutes of my time. Its really no hassle