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Is the following scenario feasible:

I sell my house, invest the equity from the sale into a mutual fund (or other investment fund), and move to Europe (I am married to a Dutch citizen).

While living in Europe I earn little or no income to report to the IRS and only report the amount of return on my investment.

Is it possible that I may not even need to pay taxes on my investment if my return is the only income I have and the amount of my return is equal to or less than poverty level.

For hypothetical purposes lets assume an investment of $25,000 with a rate of return of about 10% and living abroad for a period of 5 years.

Thanks
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