http://finance.yahoo.com/news/irs-cr...094500096.html
As above, downside of FATCA is that foreign companies are now stopping employing Americans......
Friend of mine had this problem recently & it sucks.
If Americans can only get a job in America, I guess it's yet another CHAIN binding you to the USA. However, some who believe they are in the land of free, might prefer to call it a "TETHER" (one made out of silk or cotton).