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Old 24th Nov 2018, 19:22
  #12 (permalink)  
zondaracer
 
Join Date: Aug 2007
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Yes, green card holders are treated the same as US citizens for tax purposes. The only difference is that if a green card holder, who does not meet the 8 years in past 15, renounces their residency, they do not have to pay the exit tax. This exit tax applied to citizens and long term green card holders alike and they are taxed on their entire net worth and treated as income in the event they renounce citizenship/permanent residency. There is a threshold ($2 million USD) for the exit tax which is pretty high, but well within reach of an airline pilot in the US.

https://www.google.com/amp/s/www.for...-exit-tax/amp/

Also, all green card holders are taxed on their worldwide income, same as a US citizen.
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