Should I just deal with FATCA?

[Tsar]

I am trying to avoid opening any foreign accounts but that's really destroying my ability to actually improve my financial situation.

Will I have any tax liability to the United States? No. I won't really earn anything that would give me a tax liability to the United States.

Is there any reason for me to be trying to avoid opening a foreign financial account?

[MrMan]

I am trying to avoid opening any foreign accounts but that's really destroying my ability to actually improve my financial situation.

Will I have any tax liability to the United States? No. I won't really earn anything that would give me a tax liability to the United States.

Is there any reason for me to be trying to avoid opening a foreign financial account?

If you have over some amount, maybe $10K in US dollars, in a foreign account, you have to report it--the highest dollar amount that it reached during the year. I think it's to something that's under the treasury department.