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Posted by DFM
Hi, Iâ€™d like info on filing the I-407 at the Consulate USA office in Chile. This is willingly giving up usa residency (green card). Will the exit-tax apply to me?, are local banks obligated to report once card is returned? I worked 40+ yrs in the US, what happens to my Soc Sec benefits?
My house was on foreclosure and auctioned without my knowledgeâ€¦. Clerks office said they filed â€˜neglectâ€™ â€¦ they knew I was, because I wrote to them when they took over accts from Countywide to who I have record of paying mortgage Bi-weekly for 16 yrs.
So, technically, I no longer have a â€˜residenceâ€™ there. Banks were allowed to run-down homes with no explanation and Lawyers besides charging tons of moneyâ€™, claimed they couldnâ€™t promise anything.
No home, no jobs, violence is outrageous â€¦ I have not filed taxes since 2008, simply because I have not worked. I cannot afford to go back each year when I donâ€™t even have a place to stay anymore. Iâ€™m giving up my green-card because the Banks were allowed to take my house.
Now this law comes up â€“ what can I expect?