No.
Transferring your money to a foreign bank account is not a tax reportable event.
However, this may create some other obligations:
You'll have to file a FBAR if you have more than $10,000 in a foreign bank at any time during the year.
If you have over $200,000 in foreign financial assets by the end of the year — or over $300,000 in foreign assets at any point during the year ($400,000 and $600,000 if Married Filing Jointly) — you must report them on Form 8938 per FATCA.
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