This story hits close to home. My wife and I had wanted to buy a home in Central America (I really enjoy that area of the world) and live there about 2&#x2F;3 of the time, but also maintaining a modest residence in Arizona.<p>We gave up that dream when FACTA became a law. The US government is basically making it as nasty as possible for citizens to live abroad.<p>Why is the government doing this? I think it is simple economics. Americans spending their social security checks, and savings, in other countries slightly weakens our economy.<p>We also love living in Arizona, so life is good, but the FACTA laws are nasty shit.