Americans living overseas, can we still play?

xxThe_Lebowskixx · #1 10-02-2006, 06:25 AM

anyone have any idea? i live overseas but have US addy and bank account. if i change it to foreign address and bank account, than can i still play?

RikaKazak · #2 10-02-2006, 06:26 AM

IT IS FINE UNTIL THE PRESIDENT SIGNS THE BILL!!!!

HE WON'T DO SO FOR DAYS!!!!

So take time, relax, and we'll see how it develops.

Ron Burgundy · #3 10-02-2006, 06:26 AM

You not smart . read threads

#4 10-02-2006, 06:27 AM

MasterLJ · #5 10-02-2006, 06:27 AM

So long as you are a US citizen you are still subjected to the laws of the US.

However, this legislation targets banking instatutions within the US. So if you did all of your banking offshores, I don't see how it could be issue. The only issue would be if you came back to the US as you *may* have issues because technically a bank would be processing "Any Proceeds" from an online gambling, even though it would have been laundered through an offshore bank. Dunno how'd they trace it, but that would be the worst case scenario.

TheMetetron · #6 10-02-2006, 06:34 AM

Here's my take:

I'm a legal permanent resident of Sweden. I am also a United States citizen.

My poker sites, neteller, and mailing addresses are all in Sweden. I do not live or have connections to the USA other than obviously family. All of my poker/Neteller related accounts are linked to my Swedish USD account. I then take money from this and transfer it to my Swedish Kronor account for daily expenses. I also have US savings accounts I will hold some money in as well. I also have US credit cards I keep for emergencies or purchases that need to be made in USD or the United States. That's all the financial tie to the US I have.

This bill doesn't target individuals and mostly prohibits US banks from transferring money. I don't see how this is a problem for my sitaution. Poker is 100% legal where I am a permanent resident and all of my poker-related activities stay in Sweden and the Swedish banking system.

The three main criteria for being OK are:

- Legal resident status in another country.
- Bank accounts in that same country.
- You actually live in that country during a vast majority of the year.

If you meet all three of these, you should be fine. For those thinking of moving abroad realize that getting residence in another country isn't as easy as showing up. There are a lot of immigration procedures and you can pretty much count out the EU. I recommend Costa Rica, Panama, or something similiar.

TheMetetron · #7 10-02-2006, 06:36 AM

[ QUOTE ]
anyone have any idea? i live overseas but have US addy and bank account. if i change it to foreign address and bank account, than can i still play?

[/ QUOTE ]

Yes, but Thailand is no good. You can't get a Thai address and bank account to play poker. You have to move to a different country.

New001 · #8 10-02-2006, 06:37 AM

Metetron,

What makes the EU so hard to get into? Would it be the same if I have family there (through my stepfather)? Also, do you have any online resources for this kind of information for other countries?

xxThe_Lebowskixx · #9 10-02-2006, 06:38 AM

hong kong?

#10 10-02-2006, 06:38 AM