marks@Cascade.ARPA (09/24/85)
-- In article <767@cybvax0.UUCP> Mike Huybensz writes: > I can liquidate properties and ownerships, and take my profits with me, > and buy anew in my new nation. Actually, you can't. The IRS has imposed heavy restrictions on the export of capital. If it's above $5000, you must report it; if it's above another limit, it requires federal approval. Ditto if the nation you're emigrating to is not on the federal list of favored nations, such as Iran or North Korea. Did you agree to this when you signed the Social Contract? Stuart Marks -- Stuart Marks, Center for Integrated Systems, Stanford University {ucbvax,decvax}!decwrl!glacier!marks, marks@su-cascade.ARPA "The definition of 'cultured' is being able to listen to the William Tell Overture and not once think of the Lone Ranger."