“Well, you could always move to Canada, right? Think again. The Foreign Account Tax Compliance Act (FATCA) comes more fully into effect this year, and as The Globe and Mail‘s Barrie McKenna explains formerly http://m.theglobeandmail.com/report-on-business/uncle-sam-wants-you-if-youre-an-american-in-canada-or-at-least-your-tax/article6799960/?service=mobile, ‘FATCA will force the hand of many Americans in Canada, making them choose between compliance or giving up their U.S. citizenship.’ Here’s why.”
http://reason.com/blog/2013/01/03/we-can-no-longer-afford-to-be-american-c