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I've lived in both Italy and Austria in the past, and we could pretty "easily" go back to Europe. Well, easy in terms of bureaucracy, as the wife and kids have dual US/Italian citizenship and I'm working on my Italian citizenship. Not so easy in terms of the logistics, but still doable.
In the past, though, I've always had financial ties to the US, because the US financial system has a lot of advantages. Things like Vanguard, good credit cards, that kind of thing are pretty handy. Investing in something like VTSAX has been an excellent idea in the past. Italian banks are pretty awful.
I really have no idea what's about to happen in the US, though, and think it's not likely to be good.
Has anyone moved their savings and investments abroad? Where did you put them?
Still thinking about it; there are a lot of risks involved, and opportunity costs if the US does not actually go to hell in a handbasket.
So I'd like to minimize those, but also have something stable in case these idiots fuck up the worldwide financial system.
Still trying to process and figure things out, so just curious if anyone has cut financial ties completely.
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