Cubans line up for passports as travel reform deadline nears

Comments (2)
CitizenAbroad wrote:

Congratulations to Cubans on their newly won freedom to travel and work abroad! With this change, Cuba will have extended more freedom to its citizens to live and work abroad than is available to US citizens. Cubans, with passport, ticked and an entry visa issued by another country, will be able to go to Jose Marti Airporort and leave the country. The will no longer be required to obtain a Cuban exit visia to travel abroad. They will not be subject to Cuban income taxes on their foreign income once the leave the country.

Not true of US citizens who decide to relocate abroad. They continue to be subject to US tax laws no matter where they live, work or retire, either in the US or anywhere else in the world. And any taxes they owe to the IRS must be paid in US dollars, even if they have to resort to the illegal black market to convert local currency to US dollars. The fact that such conversions may be illegal where the US citizen resides is of no concern to the IRS.

Jan 12, 2013 9:10am EST  --  Report as abuse
Charlieps wrote:

CitizenAbroad – either you are hopelessly naïve or simple can’t bypass your bias against the United States as claiming that now Cubans have more rights than Americans is absurd. As you state Americans are subjected to taxes even if they decided to reside overseas, yet the financial bite from the Cuban government is far worse. In Cuba there exist two sets of currencies one local and one which is purchased with foreign currency. The set of currency purchased with foreign money is set at a rate so that it is far more expensive to purchases items with it, thus allowing the Cuban government to profit from the introduction of foreign funds. Thus, even if Cubans are not subject to taxes per say they will once returning to their nation be forced to convert their earnings and in turn lose a large portion of its purchasing power.

Jan 12, 2013 12:25pm EST  --  Report as abuse
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