Ciao Georgette. I just posted a reply in "Finance" regarding Americans opening bank accounts in Italy. I live in Firenze and the post office would not open a bank account for me because of the new U.S. tax regulations. In fact, I had to visit 4 banks before I found one that would open an account fo rme. It's getting tough.
I recently opened a bank account in Italy, but I had to go to 4 different banks before I could find one that would allow me to do so. As to bank accounts in Switzerland, I just read an article that said many Swiss banks are closing out accounts held by Americans, which includes any investments in retirement plans, which they are being forced to cash out. The U.S. is making it quite difficult for us expats to live abroad. I am not a dual citizen, so the idea of giving up U.S. citizenship is not one I would consider. We will see what happens.
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Monte dei Paschi di Siena. Good luck!
Ciao Georgette. I just posted a reply in "Finance" regarding Americans opening bank accounts in Italy. I live in Firenze and the post office would not open a bank account for me because of the new U.S. tax regulations. In fact, I had to visit 4 banks before I found one that would open an account fo rme. It's getting tough.
Ciao tarheelunc. In response to your question, please see my recent post.
I recently opened a bank account in Italy, but I had to go to 4 different banks before I could find one that would allow me to do so. As to bank accounts in Switzerland, I just read an article that said many Swiss banks are closing out accounts held by Americans, which includes any investments in retirement plans, which they are being forced to cash out. The U.S. is making it quite difficult for us expats to live abroad. I am not a dual citizen, so the idea of giving up U.S. citizenship is not one I would consider. We will see what happens.