Why The Affordable Care Act Makes Us Want To Stay Abroad | Suzan Haskins and Dan Prescher.
When it comes to health care, we quite honestly don’t know what to think.
Or rather, we don’t know what our health care strategy would be if we ever wanted to or had to go back to the U.S.
We have insurance now… excellent insurance, in fact. And even if we didn’t, we wouldn’t have to get U.S. insurance to avoid the new penalties under the Affordable Care Act. According to the IRS, U.S. citizens who live abroad at least 330 days of the year (like us) will be treated as if they have qualifying insurance coverage and won’t owe any tax penalty… and that’s true regardless of whether they actually have health insurance in the country where they live.
In many places overseas, not only is your health care more affordable, your lifestylecan be healthier.Photo courtesy of InternationalLiving.com